The conversation explores the historical dynamics between states and large colonial corporations, particularly through the lens of British colonialism and its regulatory challenges. Phil draws parallels between past colonial enterprises and contemporary big tech firms, focusing on the complexities of regulation, the arguments asserted by corporations against state control, and the evolution of such debates over time.
Chapters:
00:27 The Evolution of Colonial Enterprises
00:50 The State and Its Competing Interests
01:24 The Debate on Company Models
01:35 Legal Regulation and Accountability
02:15 The Argument Against State Regulation
02:29 The Role of History in Colonialism
04:37 The Defense of Private Property
06:06 The Argument of Indigenous Sovereignty
08:58 The Difficulty of Eliminating Colonial Corporations
09:14 Venture Colonialism and Big Tech Firms
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In this episode of The Great Tech Game podcast, host Anirudh Suri is joined by Phil Stern, professor of history at Duke University, to dive into the history of colonial corporations such as East India Company and what that might teach us about how the current tug of war between nation-states and big tech firms such as Apple and Google might play out.
Stern and Suri together delve into the history of joint stock corporations and trading empires of corporations such as East India Company and others. They explore how these joint stock corporations of the 17th and 18th centuries were critical in the rise of colonial empires, but eventually ran afoul of their patrons and political masters. They discuss how the attempt of the British Crown, for example, to regulate the activities of the East India Company played out, and what lessons that holds for today's attempt by countries like the US, India and Europe to regulate Big Tech firms.
About Phil Stern: https://scholars.duke.edu/person/philip.stern/
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