Renaissance · Europe · Politics

1602

Dutch East India Company Founded

March 20, 1602

The States-General of the Netherlands merged a half dozen squabbling spice-trade ventures into a single joint-stock leviathan with the right to wage war, coin money, and sign treaties. The VOC, history's first multinational corporation, would dominate Asian commerce for two centuries and invent the shareholder, creating a model of corporate capitalism that reshaped the world economy.