But the risk of corporations more actively supporting multiple sides in conflict zones and carving up their own territories and spheres of influence is a concerning prospect, akin to the Dutch East India Company which governed its own territories through military force and trade monopolies.

While there are still waning expectations that multinational corporations pick clearer sides in interstate conflicts, there appears to be little stopping them from fueling and prolonging intrastate conflicts featuring non-state actors, as long as it serves their financial interests. Urgent action is needed to strengthen the regulation and accountability of PMSCs and multinational corporations operating in conflict zones, as their ability to shape conflicts appears set to continue growing.

https://www.nakedcapitalism.com/2024/06/how-corporations-are-fueling-geopolitical-tensions-and-global-conflicts-in-the-21st-century.html

https://www.abebooks.com/servlet/BookDetailsPL?bi=31239428073

Siempre me he preguntado sin las compañías de indias fueron causa o resultado de la reforma protestante. O ambas cosas a la vez.