I agree with you, even during the British Empire the City ran things through different child companies like the east India co.

People think the British Empire entirely conquered by force but it was the merchant navy that made the empire. The royal navy primarily protected the trade ships.

It was arbitrage, buying goods at one place and selling somewhere else for a profit. It was the first world trade organisation.

The city were at the head of all the trade and corporations, the monarchs were the enforcers.

The army would go to a new country/city find friends there and the city would begin trade, part of the contractual agreements was for the British to fight the new friends rivals that opposed the new alliances.

Sometimes they would give an financial advance to the local producers and artisans that produced good quality produce or wares so they can make more of it next time they return to sell them.

The idea that we conquered with force is wrong, it was built on trade. The monarchs took the glory and blame of the empire and the hidden hand remained hidden.

I agree with you, even during the British Empire the City ran things through different child companies like the east India co.

People think the British Empire entirely conquered by force but it was the merchant navy that made the empire. The royal navy primarily protected the trade ships.

It was arbitrage, buying goods at one place and selling somewhere else for a profit. It was the first world trade organisation.

The city were at the head of all the trade and corporations, the monarchs were the enforcers.

The army would go to a new country/city find friends there and engage trade, fight their rivals that opposed the new alliances.

Sometimes they would give an financial advance to the local producers and artisans that produced good quality produce or wares so they can make more of it next time they return to sell them.

The idea that we conquered with force is wrong, it was built on trade. The monarchs took the glory and blame of the empire and the hidden hand remained hidden.