Wednesday, September 26, 2018

Public Company

A Public Company offers shares. Its ownership is dispersed among the general population. Stock Exchanges allow individuals to become owners. These companies are 'listed'. Because companies are formed under the legal systems of particular countries, they have a nationality. Even if the company has clients and suppliers all over the world. They are legal people. Like legal money. Like Nations themselves. They are ideas that become real because we choose to believe they are real. The Dutch East India Company (VOC) was the first company to issue shares of ownership to the public. A key feature of companies is the separation of the identity from the owners. Realising you are not your job is one thing. Taking your money and putting it to work in a company that has nothing to do with you is another. You are detaching. You are no longer the breadwinner.


No comments: