How the Oldest Company in the World Survived Nearly 1,500 Years

Re:How the Oldest Company in the World Survived Nearly 1,500... by hinkley on Monday September 02, 2024 @11:32AM (#41426298)

Back then if you pissed off the king he could revoke your charter.

So effectively we used to have the death penalty for companies that committed treason-adjacent acts, or killed customers.

[ Parent | on HN ]

Re:How the Oldest Company in the World Survived Nearly 1,500... by FredPret on Monday September 02, 2024 @12:06PM (#41426588)

Interesting idea - although wouldn't it have been the government that could, and still can, bring down the corporate death penalty if annoyed?

I think even back then the kings were losing power to the governments that ruled in their name.

It's also interesting to note that some of Europe's colonizing was actually done by companies which had armies, and definitely killed at least some of their customers (whether you think the customers were the colonizers or the colonized).

[ Parent | on HN ]