boem@lemmy.world to Technology@lemmy.worldEnglish · 4 months agoTech Titans Are the Robber Barons of Our Gilded Agejacobin.comexternal-linkmessage-square26fedilinkarrow-up1492arrow-down115
arrow-up1477arrow-down1external-linkTech Titans Are the Robber Barons of Our Gilded Agejacobin.comboem@lemmy.world to Technology@lemmy.worldEnglish · 4 months agomessage-square26fedilink
minus-squarerottingleaf@lemmy.ziplinkfedilinkEnglisharrow-up1·4 months agoThere wasn’t significant movable capital either at that time.
minus-squarePhlubbaDubba@lemm.eelinkfedilinkEnglisharrow-up1·4 months agoin the 50s‽ Yeah sure whatever ya say.
minus-squarerottingleaf@lemmy.ziplinkfedilinkEnglisharrow-up1·4 months agoYes, you might have noticed that Microsoft, Google, Apple etc are the kind of companies which didn’t exist back then.
minus-squarePhlubbaDubba@lemm.eelinkfedilinkEnglisharrow-up1·4 months agoYeah, instead there was a bunch of fruit companies, IBM, and GM. The most bloated corporate valuation in history was the South Sea Company, and that fiasco went down in the 1700s.
There wasn’t significant movable capital either at that time.
in the 50s‽ Yeah sure whatever ya say.
Yes, you might have noticed that Microsoft, Google, Apple etc are the kind of companies which didn’t exist back then.
Yeah, instead there was a bunch of fruit companies, IBM, and GM.
The most bloated corporate valuation in history was the South Sea Company, and that fiasco went down in the 1700s.