![]() Using these resources, people were able to establish control over the western frontier. The American CEO's of this era used their corporate power to bring resources like steel, oil, railroads, and rifles to the "untamed" west.The EIC conquered Bengal India for its British shareholders, locking in a monopoly on the most profitable textile trade market in the world.The EIC was granted the power to acquire territory, mint money, command the royal military, declare war, and create its own laws.This transgression was the first of many acts of violence in the war of free market expansion. The VOC tortured and killed 10 EIC employees driving the British company out of Indonesia.They are a collective of Merchant sailors that expanded their nation's empires by creating new global markets. The East India Company (EIC) and the Dutch East India Company (VOC) are the first two publicly traded corporations. ![]()
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