Earlier quoted context omitted.
A Corporation is a government created liability shield that does not exist in a "unfettered capitalist" system or rather a true free market. Corporations are part of the government regulatory apparatus system. I'm intrigued. (That's not sarcasm) What's the libertarian alternative? What are examples of situations where removing the liability shields would encourage more beneficial behaviors from corporations? It seems…
Private Enterprise should not be confused with corporations. Especially not modern corporations and all the legal structures that encapsulate them. Libertarian Private enterprise is more like LLC's, and partnerships than Corporations. As to where removing the liability shields would encourage more beneficial behaviors from corporations? You see hints of it all the time, anytime you see a situation where someone comme…
I do certainly agree that corporations ought to be less of a liability shield for things that would send a citizen to prison!