Dutch East

Once valued at close to seven trillion dollars by today’s standards, the Dutch East India Company, formed in 1602, became the world’s first multinational corporation. In the nearly 200-year reign of their empire at sea, the Dutch East India Company amassed unfathomable fortunes, laid the foundation of the modern globalized world, and built monopolies that controlled the economy of the 17th and 18th centuries in Europe and the East Indies.

Perhaps the most famous – or as many would put it, infamous – of these naval corporations was the Dutch East India Company, also known as VOC. Established around the beginning of the 17th century, this nautical behemoth of a corporation was determined to squeeze everyone else out of the market. Vested with the power to wage war and exterminate any who dared stand in their way, the rest of the world stood by as the unstoppable force took over the whole of international maritime trade.

Long before Australia started to be considered one of the best places in the world to live, it was thought to be completely unlivable. In the 15th century, the European race to claim land began. Despite the fact that Australia was a large landmass, no nation believed it was worth colonizing. The land was claimed by the Netherlands. However, little exploration happened there. Many countries actually believed it to be uninhabitable. However, the Aboriginal populations had already been thriving on the land for millennia.

Huge international companies and corporations are a normal part of our everyday lives today. For most, their unimaginable wealth and power, rivaling even some of the smaller countries of the world, is something we take for granted. And we see them as the living embodiment of the capitalist system, regardless if we take it as a good or a bad omen. However, this wasn’t always the case.