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The Economics of the Dutch East India Company

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The Dutch, at one time, had the dream of conquering the world
Comment from : @simplicity530

Figures and staggering brUnemployment
Comment from : @georgen9755

They killed almost 10 million people
Comment from : @andrewtsitso1711

Cool video unfortunately economics is a fake science designed to shield evil men from the consequences of their actions
Comment from : @IronfistPZC

If it is not Dutch, please refrain from using Dutch To me it is insulting
Comment from : @addeenen7684

Do not underestimated VOC Just Visit Indonesia and learn In that time the VOC literally own Indonesia with all of its natural resources, not just spices Do you know how Rich Indonesia's natural resources is??? Even $ 7 Trillion is too small And there were plenty of Indonesia's treasure that didn't count in your valuation Plus You didn't use time value of money
Comment from : @sahanglp3i-271

Wait Are you valuating the company as if it existed today?
Comment from : @ticianbertok-balint5544

❤❤
Comment from : @artishakya2079

Very large companies typically get broken up by governments There acquisitions of other companies are also heavily scrutinized
Comment from : @chillxxx241

Tesla is a dying company
Comment from : @CaptCanuck4444

"The cave man who harnessed fire was also brutally poor" brThanks
Comment from : @T0MapleLaughs

Id like to know whocwas the mastermind of this company? Which individual had the idea first Please share
Comment from : @Dds75

Proud that my ancestors worked for the VOC!
Comment from : @gevoel8293

You are forgetting to mention the corruption of the ecclesiastical tyranny which was the papacy as opposed to the reformation and humanist energy which gave impetus to this endeavour brName a modern country that has done well under the control of the Roman Catholic Church
Comment from : @alandinsmore1186

What happens when you take the VOC income relative to the world's GDP and scale that number to the modern economy? Would that be closer to your gold computation or the inflationary computation?:)
Comment from : @Thijs_Albers

🥰
Comment from : @s_u_n_j_a_y

So a fascist country took over the world what a surprise
Comment from : @CybrosisEvolved

Doesn’t explain anything I want to know
Comment from : @bclr6843

Now the question is, how would a company with similar influence and power look today?brFun little thought experiment :)
Comment from : @tarell676

Do a video about virgina company
Comment from : @enginerepairguy

BAHT!! 😅
Comment from : @bold810

It would probably more correct to call it the most rich company in history in proportion to the richness of its time
Comment from : @Leo-ok3uj

LOL didn't knew that kings get kicked out of their homes because they couldn't pay their rent
Comment from : @cherubin7th

Find book Europe and the People Without History by Eric Wolf Screen shots in MetabrbrCurse of Gold, Sins of the fathers "Chinese labourers were exported by the Portugese through Macao, while the Dutch East India Company CAPTURED Chinese along the China coast in order to populate its head quarters town of #Batavia (Dermigny 1964, I: 831)"
Comment from : @SagittarianArrows

5:45 you mean modern day venture capital?
Comment from : @pokegan52

too much corruption within the VOC makes them bankrupt and weak
Comment from : @shirasoni8502

Today's world may be a much much wealthier place, but don't forget this wealth must be spread over a much much larger population
Comment from : @Godfad

"an increasingly vast ammount of underpaid employees"? Well, I guess they WERE into something
Comment from : @Fenrisson

"Like a Bitcoin daytrade with ADHT with 100 to 1 leverage would probably tell you to COOL IT" This proves economy IS a human science Such magnificient writing!
Comment from : @Fenrisson

owning all those ports would be trillions and also if you ccalculated by share of world gdp, its high 1/4 of world gdp today is trillions bruh
Comment from : @porkch0mp538

I'm blown away at how modern and trendy the VOC's logo looks, considering it was made at a time of stuffy and ostentatious heraldry
Comment from : @WillieFungo

you take the share of the market and size of company into account according to their time, you translate in today economy and voila
Comment from : @Lancelotxxx

This was a terrible video with all sorts of nothing to back up every assertion
Comment from : @Slackboy72

the value of gold in the 1600s really has no meaning when you consider the lack of assets in that day and age
Comment from : @letsRegulateSociopaths

Chor make lode
Comment from : @shanbo1566

This channel is like an entheogen to me: mysterious and mind-blowing
Comment from : @d34rth

Fake and paid promotion
Comment from : @microfriction4581

youtube/2YevSPoHTqk
Comment from : @davenitrous

Danger Danger Dangerthis channel is fake channel created by scammers to steal your money
Comment from : @davenitrous

Fake fake fake fake scammer video do not access any link sent you You will loose your money and data
Comment from : @davenitrous

thanks for the information
Comment from : @bionlife6017

Amazing video!!
Comment from : @rahulmahant3762

Fascinating video
Comment from : @aGr3atD4y

You also forgot to mention that a big chunk of that DEC wealth was built off slavery and ruinous brutality
Comment from : @abt5440

You’re very bad at economics
Comment from : @kylek1556

The fact that while this company existed the PM of the Netherlands was killed -- AND EATEN -- shows how different things were in those days
Comment from : @animalntelligence3170

India is fully looted
Comment from : @Moonuuu

Yo bro you said the whole gdp of the world was 88 billion and the company was worth 22 billion that’s a quarter of all wealth
Comment from : @joejoeington6899

The East Indian East India Company was far superior
Comment from : @deanjulian6189

I like your content a lot, but what is the purpose of comparing with today's economies By using that logic, we can conclude that the glory of the Roman empire was overrated or irrelevant because it was only based in agriculture, gold, silver, land ownership and slaves Everything should be measure according to the standards of its own time In a 100 years Amazon and Apple would be meaningless and inexistant because Pluton Inc would control all the space travels in the Solar System, and they will be valued in 999 999 999 trillion of Hexadecimal Dollars 😆😁
Comment from : @JuanSalazar-fg9nv

I can't with the stock video for "inflation" haha
Comment from : @southoceann

80 billion global GDP in 1638 and valued generously at 30 billion, that’s over a third of the world GDP I don’t think the US even has that much of a share Easily most valuable company ever
Comment from : @PewKittens

14:34
Comment from : @MGR

is the economic version of The Onion?
Comment from : @bishplis7226

They live better than the old kings because society is more technologically advanced
Comment from : @sparticuzj19

Great video but much of the stock footage was so random Enjoyed it none the less And maybe the time spending finding such great footage of old sail boats was simply a compromise, and the random stuff just filler I can live with that ;-) Thanks!!
Comment from : @randomCADstuff

My great great great grandfather was a VOC sailor It's a weird feeling, knowing all the bad stuff the VOC caused It was a military superpower of it's own It's pretty baffling to think of it now If something like that would be set up in the modern world - people would lose their minds It's like Apple or Microsoft with it's own carrier battle groups and infantry divisions It scared the English so bad they would make up scary ghost stories of an evil dutch ship sailing around the seas draggin all down to the bottom of the seas
Comment from : @spacegerrit9499

How was Dutch East India company richer than British East India company?
Comment from : @ismamalhoque6850

Coming to fall under the rule of the king is Spain, due to the flow of imperial bloodlines, does not a colony make The Nederlands were ruled by the Spanish; there was no colonizing in play
Comment from : @ceesjanmol

poor maths no no what are you doing? no no ha
Comment from : @mylesgabrielhornstra4040

Dude, you talk like assistant major Jennifer Lynch in 2016 Ghostbuster movie 🤣
Comment from : @oracle_2010

No wonder the Dutch gov't continuously asking forgiveness to the people of my country
Comment from : @oracle_2010

On the other hand YOU also used the number of 79 trillion worth of the VOC in another vidbrbrbrbrSo you just being intresting or what>?
Comment from : @dirk5720

Your calculations and assumptions are inaccurate
Comment from : @rozzziee

Thankyou for the research is all the data historically true give links please Trying to get to the Roots please Who is in control 2022
Comment from : @harrysollmer1644

G E K O L O N I S E E R D
Comment from : @Aranimda

The “7 trillion” estimate is to show what it would be worth relative to the trillion dollar companies of today Like, just imagine Microsoft but x 2-3 more value/importantce or of the worlds total economy
Comment from : @dla_915

Super accurate
Comment from : @AvtarDhillon

Why I will never buy a Tesla Seeing simpletons fall to their plan is sad
Comment from : @cisuris

american "companys have to sell their cars to individual dealers" is such a fkin nonsense
Comment from : @leutnantobvious4340

Profited and thriving from the suffering of Indonesian people
Comment from : @danteaquila2699

The Netherlands wasn't a 'colony' of the Spanish No Spanish lived in The Netherlands Rather, it was part of the same kingdom/empire You wouldn't call Scotland a colony of England now would you? Also, the VOC (Dutch India Company) had more uses than just business It played a key role in the war against Spain and achieving independence
Comment from : @vectorbass9679

Forgot accounting for the slave labour
Comment from : @nilsjohann8254

youtube/HzU23o-L4aY
Comment from : @Kivanetwork1

A better idea would be to take the value of modern warships as the value of ancient warships, as for the spices, the value of modern day spices should include the machinery and expertise used, that would give us their time in ancient times when none of these techniques and technologies were used Countries got invaded because they didn't have warships and wars were fought over spices, you can't dismiss them like that, they were very valuable You have to repeat this episode again with proper comparative mechanisms
Comment from : @davianoinglesias5030

I wonder why this popped up on my feed without my seeking it, though just when I need information on the VOC Very informative
Comment from : @vespelian5769

Did this run in a similar way to the British east india company?
Comment from : @hamzariazuddin424

How can you compare modern production value to there production value ?
Comment from : @shut_up_abe6619

I figure if we stretch out the idea of the VOC to modern day Indonesia and Taiwan they would be worth almost 2 trillion USD, say they continue to vertically integrate within those territories right, inflation or not the growth potential is still immense
Comment from : @arnaldoenriquez6191

Why don't you compare 22 billion value in 17th century to the current World GDP of 80 billion Get 22 percent of global gdp Multiply world current gdo by 22 get 15 trillion valuation of Voc
Comment from : @Nikita-o8u2b

Good grief! "Holland wasn't wealthy before the VOC"?! "They didn't farm much because half their country is below sea level"?! "Spain stood in the way of their wealth"?!! DUDE! Do your homework!!
Comment from : @ajkaastra1317