this post was submitted on 13 Nov 2023
315 points (82.1% liked)
Political Memes
5241 readers
2683 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I know what mercantilism is. My point was that Hudson's Bay company was a corporation, with a board of directors, investors who purchase stock, and the stock was listed on the stock market that allowed outside investors to invest in the company and to be paid in dividends from the company's profits.
In fact, the whole setup was designed to (drum roll) raise capital from outside investors to fund the expansion of the company.