The English East India Company (EIC): Model for Future Multinational Corporations?
INTRODUCTION The English East India Company (EIC) was an innovative new type of corporation. It was not only a multinational corporations but it was created to exploit the profit potential of global trade. It might be a model for how a multinational corporation (MNC) could survive and prosper in an increasingly chaotic and hostile geopolitical world. For a description of the structure and strategy of the English East India Company, see The English East India Company (EIC): Trade with Asia THE EIC AS A MODEL FOR FUTURE MNCs? The international political structure is now moving in reverse as the post-World War II economic and political order created mostly by the United States is breaking down. America seems to be less willing to pay for global political leadership, reverting back to its traditional policies of isolationism and protectionism. It hugely expensive military is paid for with deficit financing. Wealthy countries c...