TransplantedSconie@lemm.ee to memes@lemmy.world · 7 months agoA lot.lemm.eeimagemessage-square143fedilinkarrow-up1477arrow-down118
arrow-up1459arrow-down1imageA lot.lemm.eeTransplantedSconie@lemm.ee to memes@lemmy.world · 7 months agomessage-square143fedilink
minus-squarefreebee@sh.itjust.workslinkfedilinkarrow-up3·7 months agoShip insurance is somewhat how modern capitalist world trade came into existence: https://en.wikipedia.org/wiki/Dutch_East_India_Company?wprov=sfla1 Bunch of people putting money together for ship to have a try going and returning with lots of goodies, is like an insurance I’m some way. I think insurance isn’t just possible, it’s obligated to be allowed to enter certain ports with certain shipsizes.
Ship insurance is somewhat how modern capitalist world trade came into existence: https://en.wikipedia.org/wiki/Dutch_East_India_Company?wprov=sfla1
Bunch of people putting money together for ship to have a try going and returning with lots of goodies, is like an insurance I’m some way.
I think insurance isn’t just possible, it’s obligated to be allowed to enter certain ports with certain shipsizes.