Monday, October 31, 2011

Danish East India Company and Danish West India Company

Fort Dansborg stood as a symbol of Danish colonial in India for over 200 years
It is a testament to the power of capitalism that private companies could actually conquer and settle whole territories. This is exactly what the East India companies and their many variants did. Even at the time, the actions of these companies caused concern to their national governments, eventually leading to their dissolution or nationalisation. The concern was well warranted. If you can imagine Nike raising its own army in order to invade Indonesia, simply to gain better trading conditions, you get an idea of what these companies did and the profits they reaped in doing so...

Read more at Little Denmark

Christian IV approved the founding of the Danish East India Company, and also of lacey lapels

Labels: ,


Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home