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East India Company brand returns after 135-year absence

bbc.co.uk

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Re: East India Company brand returns after 135-year absence

#21
post #2

At its peak, the company employed a third of the British workforce and was responsible for a huge tranche of global trade. I knew it was big, but a third of the British workforce? That's insane. Anyway, I welcome the East India Company back. I realise it has almost nothing in common with the original entity, but I personally might buy their tea if it becomes available here, just for the illicit non-PC pro-colonialism…

> I knew it was big, but a third of the British workforce? That's insane.

The British East India Company is nothing against the Dutch East India company. From WP (http://en.wikipedia.org/wiki/Dutch_East_India_Company)

> was a chartered company established in 1602

> It was the first multinational corporation in the world and the first company to issue stock.[1] It was also arguably the world's first megacorporation, possessing quasi-governmental powers, including the ability to wage war, negotiate treaties, coin money, and establish colonies

> Statistically, the VOC eclipsed all of its rivals in the Asia trade. Between 1602 and 1796 the VOC sent almost a million Europeans to work in the Asia trade on 4,785 ships, and netted for their efforts more than 2.5 million tons of Asian trade goods. By contrast, the rest of Europe combined sent only 882,412 people from 1500 to 1795, and the fleet of the English (later British) East India Company, the VOC’s nearest competitor, was a distant second to its total traffic with 2,690 ships and a mere one-fifth the tonnage of goods carried by the VOC. The VOC enjoyed huge profits from its spice monopoly through most of the 1600s.

> The Dutch East India Company remained an important trading concern for almost two centuries, paying an 18% annual dividend for almost 200 years.

Re: East India Company brand returns after 135-year absence

#22

In every Indian history textbook, The East India company is listed as the initial vehicle which brought about the British rule in India. Since I was brought up in India, I had a VERY -ve reaction just reading the story here on Hacker News. It was kind of built in. I dont understand why this guy would pick this name for his company. Maybe he never intends to sell in India.

I agree with you, but come on, as an Indian wouldn't you LOVE to own the Dutch East India company? I also think reverse colonialism played a huge part in Tata's purchase of Land Rover and Jaguar. "Turnabout is fair play" as they say - I'm sure there are a bunch of Indians who would love to get a hold of "prized" British assets. It's an ego thing.

Yeah right. 'The holocaust also had a huge role to play in Jews getting their homeland'. What British colonialism did to Indians was nothing less than the holocaust on creating human misery and deaths. But of course, for people sitting on the other side of the planet reading history through the eyes of the plunderers, British colonialism was benevolent towards Indians in many ways. I can't blame you for that. Winners get to write history and sadly Indians are too busy subsisting, to get their history right at least within their borders.

Re: East India Company brand returns after 135-year absence

#23

In every Indian history textbook, The East India company is listed as the initial vehicle which brought about the British rule in India. Since I was brought up in India, I had a VERY -ve reaction just reading the story here on Hacker News. It was kind of built in. I dont understand why this guy would pick this name for his company. Maybe he never intends to sell in India.

I have one word for the guy: mercenary Obviously he is using that name for publicity reasons.
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