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Historically in America you could only make a joint stock company if there was some obvious common good component, such as the creation of a common canal to imp
by village-idiot 8y ago
Historically in America you could only make a joint stock company if there was some obvious common good component, such as the creation of a common canal to improve trade. The concept of a profit maximizing corporation is the creation of the late 19th century, at least in America. Prior to that most Americans held the independent worker in higher regard than the corporate salaried worker.