@boem to TechnologyEnglish • 9 months agoTech Titans Are the Robber Barons of Our Gilded Agejacobin.comexternal-linkmessage-square26arrow-up1492arrow-down115cross-posted to: [email protected][email protected]
arrow-up1477arrow-down1external-linkTech Titans Are the Robber Barons of Our Gilded Agejacobin.com@boem to TechnologyEnglish • 9 months agomessage-square26cross-posted to: [email protected][email protected]
minus-square@[email protected]linkfedilinkEnglish1•8 months agoThere wasn’t significant movable capital either at that time.
minus-square@[email protected]linkfedilinkEnglish1•8 months agoYes, you might have noticed that Microsoft, Google, Apple etc are the kind of companies which didn’t exist back then.
minus-squareÐ Greıt Þu̇mpkinlinkfedilinkEnglish1•8 months agoYeah, instead there was a bunch of fruit companies, IBM, and GM. The most bloated corporate valuation in history was the South Sea Company, and that fiasco went down in the 1700s.
There wasn’t significant movable capital either at that time.
in the 50s‽ Yeah sure whatever ya say.
Yes, you might have noticed that Microsoft, Google, Apple etc are the kind of companies which didn’t exist back then.
Yeah, instead there was a bunch of fruit companies, IBM, and GM.
The most bloated corporate valuation in history was the South Sea Company, and that fiasco went down in the 1700s.