Difference between revisions of "Mibhasa"
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==Terminology== | ==Terminology== | ||
In Cananganam, the term Mibhasa refers to any form of conspiracy or financial clique. Although the term was not commonly used until the Post-GEW period, their functioning form has been in existence since the 1840s. | In Cananganam, the term Mibhasa refers to any form of conspiracy or financial clique. Although the term was not commonly used until the Post-GEW period, their functioning form has been in existence since the 1840s. | ||
In [[Mujansa]], they were known as ''Chiŋabusre'' in Anchashi, which simply meant "merchant groups", loaned into Jaiso as ''ciŋy'' | |||
In [[Mablag]], the historical term was ''ra-bhā now'' or '''rabha nou''' (lit. "money group"). This term is no longer commonly used, as the meaning of ''ra-bhā'' has shifted to mean "political party," and the more prevalent modern term is ''qrrau kó now'' or '''rauko nou''', though the earlier term is still used humorously by some, as the business conglomerates often hold influence equal to political parties in Mablic society. | In [[Mablag]], the historical term was ''ra-bhā now'' or '''rabha nou''' (lit. "money group"). This term is no longer commonly used, as the meaning of ''ra-bhā'' has shifted to mean "political party," and the more prevalent modern term is ''qrrau kó now'' or '''rauko nou''', though the earlier term is still used humorously by some, as the business conglomerates often hold influence equal to political parties in Mablic society. | ||
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===Modern-day influence=== | ===Modern-day influence=== | ||
In Cananganam the ''srohoo mivu'', literally ''four financial cliques'', still hold a significant role in the economy; though they have been reduced in part due to anti-trust laws and increased competition from foreign markets. | |||
===Mujansa=== | |||
Aside from their role in the economy, the ''mibhu'' directly influenced the country politically, as members of each conglomerate would all vote similar candidates. By 1874, the [TBD] group de facto controlled the government. | |||
During the following years, instability from [[Calsean War|conflicts with the Cananganamese]], religious insurgencies and miner uprisings would make the people lose faith in the government and blame the ''mibhasa'' directly, causing the 1893 revolution, which reformed the voting system and reduced the influence of the [TBD] group. | |||
==See Also== | ==See Also== | ||
[[Category:Boroso]][[Category:Companies]][[Category:Economy]][[Category:History]][[Category:Nagu]] | [[Category:Boroso]][[Category:Companies]][[Category:Economy]][[Category:History]][[Category:Nagu]] | ||
Revision as of 13:52, 3 October 2021
Mibhasa (Plural Mivu or Mibhu) is a Cananganamese term referring to industrial and financial vertically integrated business conglomerates in Nagu during the early industrial revolution, whose influence and size impacted the economies of their respective host countries during the late 19th and early 20th centuries, with some still continuing this influence well into the present day. Although the mivu played a significant role in Cananganam's industrializing economy specifically, they existed throughout much of Nagu and parts of Boroso.
Terminology
In Cananganam, the term Mibhasa refers to any form of conspiracy or financial clique. Although the term was not commonly used until the Post-GEW period, their functioning form has been in existence since the 1840s.
In Mujansa, they were known as Chiŋabusre in Anchashi, which simply meant "merchant groups", loaned into Jaiso as ciŋy
In Mablag, the historical term was ra-bhā now or rabha nou (lit. "money group"). This term is no longer commonly used, as the meaning of ra-bhā has shifted to mean "political party," and the more prevalent modern term is qrrau kó now or rauko nou, though the earlier term is still used humorously by some, as the business conglomerates often hold influence equal to political parties in Mablic society.
Historical Significance
Cananganam
The mivu during the late 19th and early 20th century were the industrial and financial heart of the Cananganamese economy, and held great influence over national and foreign policies. Most notably, the Cananganamese navy was in part supported by Tattha Atasa where many kickbacks were provided to politicians in support of naval ventures, with wide support of naval personnel. By 1940, the "Big Four"; Basu, Trisa, Tattha, and Madhra. These four mivu controlled around 45% of Cananganam's mining, chemicals, and metal industries and almost 60% of the country's industrial production, as well as 70% of the national stock market.
Modern-day influence
In Cananganam the srohoo mivu, literally four financial cliques, still hold a significant role in the economy; though they have been reduced in part due to anti-trust laws and increased competition from foreign markets.
Mujansa
Aside from their role in the economy, the mibhu directly influenced the country politically, as members of each conglomerate would all vote similar candidates. By 1874, the [TBD] group de facto controlled the government. During the following years, instability from conflicts with the Cananganamese, religious insurgencies and miner uprisings would make the people lose faith in the government and blame the mibhasa directly, causing the 1893 revolution, which reformed the voting system and reduced the influence of the [TBD] group.