Earlier quoted context omitted.
> Corporation is, after all, just a form of organization of natural persons, and cannot do anything on its own. A corporation is a synthetic legal object: beyond basic restrictions on its form, it's allowed to legislate itself internally according to whatever bylaws and structure it pleases. There is no requirement (and no particular precedent) for them having a democratic structure. This produces a fundamental tensi…
> This produces a fundamental tension between the people who comprise the corporation and the decisions that the corporation makes: the corporation can choose to do things that are overwhelmingly unpopular with its employees without significant recourse, since the corporation does not operate according to the will of its members. Sure, but it’s still natural persons who are actually making those decisions, no? After…
Also, I think that one of our mistakes was to not require limits on the duration of a company (because they used to be shut down once their goal was accomplished?). In comparison, even the richest human has a well-limited lifespan...