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by legitster
1433 days ago
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I largely agree with this. But I still think there was something unique about the legal entitlements in 17th century England that didn't really exist in previous eras. Previous versions of complex structures were still family oriented, or had to put up with local power brokers, or were a fiefdom unto themselves. Like, you didn't see James Watt build a fort and hire goons to protect his assets. But that would have been a completely normal requirement of establishing an organization in the Roman world. |
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What was unique about legal entitlements 1600s England that wasn't in, say, 1600s Netherlands?
Like, why doesn't the Dutch East India Company count?
Or quoting https://en.wikipedia.org/wiki/Falun_Mine#Free_miners :
> The organizational structure of Falun Mine created under the 1347 charter was advanced for its time. Free miners owned shares of the operation, proportional to their ownership of copper smelters. The structure was precursor to modern joint stock companies, and Stora Enso, the modern successor to the old mining company, is often referred to as the oldest joint stock company still operational in the world.[2]