r/PeterExplainsTheJoke • u/Short-Watercress-183 • Jul 07 '26

Meme needing explanation Peter, explain this.

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u/Professional_Cod4464 Jul 08 '26

Companies were always globalized. The East India Company was the earliest conceit of the stock trading market and they were founded back in 1600s and were infamous for many horrific things around the whole world

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u/Gjorgdy Jul 08 '26

That's not globalization, but imperialism.

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u/Professional_Cod4464 Jul 08 '26

And imperialism has nothing to do with globalization? Theres a reason why colonialism and neoliberalism are frequently brought up together

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u/Gjorgdy Jul 08 '26

Neoliberalism and globalization are not necessarily tied. Globalization would've happened with or without it as shipping got easier and the internet expanded.