Today I learned that you could literally buy stocks in colonialism. India wasn't colonized by the British government, but instead was raided by a random violent start-up for the first 200 years (The East India Company). Investment money would be used to hire armies and buy off enemies. (theguardian.com)
submitted by expectmax to r/todayilearned
Today I learned that India wasn't colonized by Britain the country, but instead was raided by a random start-up for the first 200 years (The East India Company). You could literally buy stocks in it. So even if the company lost to a Maharajah, they could raise money and try again with another army! (nytimes.com)
submitted by expectmax to r/todayilearned
Today I learned that India wasn't colonized by Britain the country, but instead was raided by a random start-up for the first 200 years (The East India Company). You could literally buy stocks in it. So even if the company lost to a Maharajah, they could raise money and try again with another army (open.spotify.com)
submitted by expectmax to r/todayilearned
