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Unlike physics or economics, history is not a means for making accurate predictions. We study history not to know the future but to widen our horizons, to understand that our present situation is neither natural nor inevitable, and that we consequently have many more possibilities before us than we imagine.
Sapiens
Yuval Noah Harari
The Indian subcontinent too was conquered not by the British state, but by the mercenary army of the British East India Company. This company outperformed even the VOC. From its headquarters in Leadenhall Street, London, it ruled a mighty Indian empire for about a century, maintaining a huge military force of up to 350,000 soldiers, considerably outnumbering the armed forces of the British monarchy. Only in 1858 did the British crown nationalise India along with the company’s private army.
Sapiens
Yuval Noah Harari
What was once a system for raising money to grow a business is now an arbitrary high-tech system of fluctuating numbers. It is estimated by the World Bank that the global market capitalization (size of all publicly traded companies) is $69 trillion. The derivatives market, however, is an astounding $1.2 quadrillion.
WallStreetBets
Jaime Rogozinski
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