3 ms·
Hundreds is a bit of a hyperbole here. We've only had modern corporate America for maybe the last 150 years. Pre-industrial companies didn't have as much power
by rafiki6 9y ago
Hundreds is a bit of a hyperbole here. We've only had modern corporate America for maybe the last 150 years. Pre-industrial companies didn't have as much power or clout as large behemoth enterprises do today.
- jonathanyc 9y agoWe’ve only had the Internet for a few decades, but that doesn’t mean we can’t draw parallels between the dot-com bubble and what happened before, or that we shouldn’t have learned from the past. Consider the Amsterdam banking crisis of 1763, which some have compared to the 2008 financial crisis. https://en.m.wikipedia.org/wiki/Amsterdam_banking_crisis_of_1763 https://en.m.wikipedia.org/wiki/Amsterdam_banking_crisis_of_...