Monks invented the concept of the modern corporate structure during the medieval era to protect their massive wealth from taxation and greedy kings.

A closer look

Monks invented the concept of the modern corporate structure during the medieval era to protect their massive wealth from taxation and greedy kings. The Catholic Church established early forms of the modern corporation to ensure that monasteries could collectively own sprawling agricultural land and vineyards across generations without individual monks claiming ownership. This incredibly clever legal fiction allowed these holy institutions to accumulate staggering amounts of un-taxable capital and dominate local European economies for centuries. It is profoundly ironic that the highly ruthless, sociopathic legal framework utilized by modern mega-corporations to avoid accountability was originally pioneered by men who had literally taken sacred vows of utter poverty