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I take issue with the notion that corporations are larger than they've ever been in history. Consider the East India Company. At its height, it was worth $7.4 t
by openasocket 9y ago
I take issue with the notion that corporations are larger than they've ever been in history. Consider the East India Company. At its height, it was worth $7.4 trillion in modern US dollars, and controlled half of the entire world's trade. I couldn't find details for how many people it employed total, but it did have a standing army of 260,000. That's right, a private army controlled by a company. Hell, the company essentially ruled India for a century. This is a company that fought wars and controlled territory. https://en.wikipedia.org/wiki/East_India_Company https://en.wikipedia.org/wiki/East_India_Company
Not entirely on topic, but it's important food for thought.