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> “Do I want to create the first venture-backed city-state? Hell yeah”

Ahem. https://en.wikipedia.org/wiki/Dutch_East_Indies

And we all know how well that turned out for the locals.



I like this game. Let's continue.

https://en.wikipedia.org/wiki/Congo_Free_State

Nope, there's absolutely nothing that could go wrong here.


Here's one in the US: https://en.m.wikipedia.org/wiki/Virginia_Company

The 90% death rate in the first two years is really impressive.


Plus ça change, plus c'est la même chose:

https://news.ycombinator.com/item?id=21824178


It's their plain for the whole planet, basically.

In fact it's what the whole idea of "smashing the state" has been about all along.


You would need a private military for that.



We’ve seen a bit of this domestically too: https://en.m.wikipedia.org/wiki/Company_scrip


Well, I am glad I work in medical devices. Vouchers for stents or pacemakers probably won’t be very attractive.


Scrip is certainly not limited to the products a company produces. In the states it was lumber and mining companies but the stores offered whatever people needed.


This is kind of the worst part- that they lack the historical literacy to recognize that they wouldn't even be the first. And they'll just dive headlong into it.


And in a similar vein John Company taking over India




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