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'Raising capital', 'venture funding', these were all Dutch inventions I believe, as is the ability of a government to issue debt.
And they have nothing to do with capitalism.
Some of them may be used by capitalists, but so are a lot of things -- "the ability of a government to issue debt" not being one of them, as it can be defined as anti-capitalist (I told you to use a dictionary, not wikipedia).
Isnt the fact that many of these Dutch ships, each one a 'pop up company', created and funded by shares, for one voyage only, never returned make it a bet?
Each ship's failure to return was a tragedy, to the sailors, their families, and their communities.
But I wouldn't expect you to show any respect to those who died the worst possible death at sea, so I am not surprised by your illogical abuse of their memory, in your trolling.
Those did return, laden with spices, made vast profits of thousands of percent for the shareholders, the average joe who bought his 1 gilder share.
Investment is not capitalism. They are separate words, with very different meanings.
FOr someone living in Holland
I do not live in Holland.
suggest America invented all this
I did not suggest that the US invented investment, the stock exchange, capitalism, or any of the other things mentioned in this thread, troll.
I wanna be a eunuchs developer! Pass me a bread knife!
Last Visit: 3-Jul-20 19:53 Last Update: 3-Jul-20 19:53