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They actually wanted a way to raise money for war effort to break free from the Spanish influence. It was a massive public money raising campaign to build war
by rmbyrro 5y ago
They actually wanted a way to raise money for war effort to break free from the Spanish influence.
It was a massive public money raising campaign to build war ships, guns and hire mercenaries, all under the guise of "exploring exotic commercial opportunities overseas".
- beerandt 5y ago>all under the guise It's not a guise when other countries monopolize trade routes. It's simply a cost of doing business.
- rmbyrro 5y agoWhat I meant is their true motivation and intentions (war efforts) were different than what they made it appear with the VoC capital raising. EDIT: in "The World's First Stock Exchange" [1], the author outlines this historical context of conflict between Netherlands and Spain, which spurred the VoC and - considered to be - the first stock market. [1] https://www.goodreads.com/book/show/18847884-the-world-s-first-stock-exchange https://www.goodreads.com/book/show/18847884-the-world-s-fir...