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The Golden Age of Piracy: Blackbeard, Nassau, & The Ocean's First S-Corp
What happens when thousands of heavily armed sailors suddenly get laid off? They steal an island and start their own businesses. In the early 1700s, unemployed privateers took over the Bahamian port of Nassau, declaring it the lawless "Republic of Pirates".
In this episode, we hoist the black flag and dive into the Golden Age of Piracy. We cover:
The Pirate Constitution: How pirate ships were actually highly organized democracies where captains were elected and the crew operated on a strict profit-share system.
Pirate Workers' Comp: Why losing your right arm in battle earned you a massive…
The skinny
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