Capitalism and the Dutch East India Company: Crash Course World History 229

Want to help keep CrashCourse going? Consider becoming a Patron and help us keep making awesome content for such awesome people. SUBBABLE SUBSCRIBERS READ FURTHER ↓ https://www.patreon.com/crashcourse In which John Green teaches you about the Vereenigde Oostindische Compagnie, doing business as the VOC, also known as the Dutch East India Company. In the 16th and 17th centuries, the Dutch managed to dominate world trade, and they did all through the pioneering use of corporations and finance. Well, they did also use some traditional methods like violently enforced monopolies, unfair trade agreements, and plain old warfare. You'll learn how the Dutch invented stuff like joint stock corporations, maritime insurance, and futures trading. Basically, how the Dutch East India Company crashed the US economy in 2008. I'm kidding. Or am I? Citation 1: William J. Bernstein, A Splendid Exchange: How Trade Shaped the World. Grove Press. 2008. p. 218 Citation 2: Stephen R. Bown. Merchant Kings: When Companies Ruled the World, 1600-1900. New York. St. Martin’s Press. 2009. p. 28 Citation 3: Bernstein p. 223 Citation 4: Bernstein p. 228 Citation 5: Bown p. 53 IF YOU ARE A CURRENT SUBBABLE SUBSCRIBER Go to https://subbable.com and click the "continue to patreon button." You will be guided through the process to merge your account with Patreon to continue supporting your portfolio of creators. Make sure to use the money in your perk bank by August 1st, 2015. Get yourself something nice you deserve it! Also. you are the best. Yes. You. You are awesome, and we can't thank you enough! FOR MORE INFORMATION ABOUT OUR MOVE TO PATREON WATCH https://www.youtube.com/watch?v=VO_1V... Thanks so much for your continuing support on Subbable and we hope to see you on Patreon!