The Mississippi Company was never really worth $6.5T in any meaningful sense. Unlike Dutch East India, Mississippi was purely a speculative bubble. It only hit that value for a few weeks at the end before the whole thing imploded.
What is value?
The Dutch East India Co was richer than Apple, Google, Facebook combined (2017)
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Re: The Dutch East India Co was richer than Apple, Google, Facebook combined (2017)
#22Earlier quoted context omitted.
Disney is mostly responsible for copyright in the US being extended to ludicrous lengths. They changed the law so they could keep making money. Also these copyright companies seem to get special treatment by the government. Notice how they are able to use police to "raid" data centres etc.? In the UK a young guy who ran a torrent site was raided by police in the early hours only to be released without charge months l…
disney is a publicly traded company. i own stock in disney :)
The Dutch East India Company was publicly traded too.
Re: The Dutch East India Co was richer than Apple, Google, Facebook combined (2017)
#23VOC (Dutch East India Company) was more powerful than most nations at the time. I asked this question on Quora once and got interesting answers [0]. VOC was an incredible enterprise, and there are a few today too, imo, they exist as conglomerates (Samsung, P&G, Amazon), political entities (CIA, CPC), monopolies (Maersk, Google), syndicates (DeBeers [1], NeoAristocrats [2], BigPharma, BigBank, BigSugar, BigOil), and cults (ISIS). These select few have an immeasurable and uncontrolled sway over the globe-- its environment [3], its inhabitants [4], its future [5], its past [6], its present [7].
The greed unrelenting [8], the game rigged [9][10].
--
[0] https://www.quora.com/What-are-some-companies-that-are-power...
[1] http://www.theatlantic.com/magazine/archive/1982/02/have-you...
[2] https://youtu.be/d_zt3kGW1NM
[3] https://theintercept.com/2015/08/11/dupont-chemistry-decepti...
[4] https://en.wikipedia.org/wiki/Global_surveillance_disclosure...
[5] https://news.ycombinator.com/item?id=16208421
[6] https://www.amazon.com/dp/B00ICN066A
[7] http://money.com/money/3994949/wikipedia-paid-editors/
[8] https://en.wikipedia.org/wiki/Oil-storage_trade
[9] https://www.amazon.com/dp/1593764278
[10] https://en.wikipedia.org/wiki/Panama_Papers
edit: links
Re: The Dutch East India Co was richer than Apple, Google, Facebook combined (2017)
#24Re: The Dutch East India Co was richer than Apple, Google, Facebook combined (2017)
#25The Mississippi Company was never really worth $6.5T in any meaningful sense. Unlike Dutch East India, Mississippi was purely a speculative bubble. It only hit that value for a few weeks at the end before the whole thing imploded.
What is value?
In the article they seem to use the maximum attained market capitalization during its existence indexed to current day dollars.
Re: The Dutch East India Co was richer than Apple, Google, Facebook combined (2017)
#26Earlier quoted context omitted.
Disney is mostly responsible for copyright in the US being extended to ludicrous lengths. They changed the law so they could keep making money. Also these copyright companies seem to get special treatment by the government. Notice how they are able to use police to "raid" data centres etc.? In the UK a young guy who ran a torrent site was raided by police in the early hours only to be released without charge months l…
disney is a publicly traded company. i own stock in disney :)
There were bonds issued by Dutch East India Company
Re: The Dutch East India Co was richer than Apple, Google, Facebook combined (2017)
#27And Adam and Eve were together richer than the USA.
What do you even mean? It sounds like a witty metaphor for something, but even for what?
DEIco is a real historical enterprise with well-documented operations.
Re: The Dutch East India Co was richer than Apple, Google, Facebook combined (2017)
#28VOC (Dutch East India Company) was more powerful than most nations at the time. I asked this question on Quora once and got interesting answers [0]. VOC was an incredible enterprise, and there are a few today too, imo, they exist as conglomerates (Samsung, P&G, Amazon), political entities (CIA, CPC), monopolies (Maersk, Google), syndicates (DeBeers [1], NeoAristocrats [2], BigPharma, BigBank, BigSugar, BigOil), and c…
How is P&G a conglomerate? Samsung and most large Japanese companies are conglomerates but P&G does not fit the bill at all.
Re: The Dutch East India Co was richer than Apple, Google, Facebook combined (2017)
#29I don’t think it’s a valid comparison. Comparing a company which had an army and used force to occupy and obtain its wealth is not how corporates work today. Today there is deceptive advertising and marketing which are not the same as army and force.
I bet there are a couple of armies and corrupt goverments on the payroll of some corporations, tracked down as business expenses.
Re: The Dutch East India Co was richer than Apple, Google, Facebook combined (2017)
#30Earlier quoted context omitted.
Another difference is that slavery was not an issue for them.
Yes, imagine how much more efficient Microsoft and Apple would be if they could hire slaves directly instead of having to rely on warlords in Africa to do it for them.
Slaves aren’t hired.