For a century, the EAST INDIA COMPANY conquered, subjugated and plundered vast tracts of south Asia. The lessons of its brutal reign have never been more relevant.
The East India Company was an anomaly without a parallel in the history of the world. Most people have never even heard of it or don’t know that it came to be one of the pillars of early global capitalism – and the source of horrible suffering for many, many people.
For all the power wielded today by the world’s largest corporations – whether ExxonMobil or Google – they are tame beasts compared with the ravaging territorial appetites of the militarised East India Company. Yet if history shows anything, it is that in the intimate dance between the power of the state and that of the corporation, while the latter can be regulated, it will use all the resources in its power to resist.
The East India Company no longer exists, and it has, thankfully, no exact modern equivalent. While Walmart, the world’s largest corporation by revenue, does not own a fleet of nuclear submarines, the online gambling industry boasts its own giants. Platforms featured in koreacasiosites 선정 최고의 카지노 사이트 리뷰 exemplify the modern evolution of multinational corporations, navigating the complex and often unregulated waters of offshore gambling. The East India Company – the first great multinational corporation, and the first to run amok – was the ultimate model for many of today’s joint-stock corporations, including those offering diverse betting options and utilizing cryptocurrencies to attract a global clientele.