71–74 of 74 posts
Call me crazy, but the idea that a company can be formed with no purpose other than to make a profit strikes me as somewhat perverse and malign. All companies should exist for a specific purpose, and when that is achieved (or no longer needed, or no longer possible), they should be wound up.
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They don't have independent agendas - company owners have agendas, and they have the means and the rights to have the company implement whatever the owner's agenda is.
No, they do have independent agendas. The ownership in an S corp is spread out over many thousands of people, and they are ineffective at exerting their own agenda onto the company. Even those who believe themselves effective at doing so. I think it was Charlie Stross who first said that corporations are actual AIs whose code executes on wetware of its employees. In the execution of that AI code, new agendas are deve…
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>If they aren't the legal equivalent of persons, then they can't perform necessary activities like entering into contracts. That's not true. Yes, corporate personhood exists to make things like forming a contract with or suing a corporation possible without a whole bunch of extra laws. But corporate personhood is not declaring corporations totally equivalent to natural persons. Corporations, for example, cannot vote…
Not all natural persons can vote. Despite what Trump says, green card holders are disallowed such. The trouble, I think, is that some people want to keep corporations, but to somehow keep a leash on them so that they're only weaponized against their enemies. If you truly hated corporate personhood, instead, you might start talking about how corporations shouldn't be allowed in any circumstances. You can't keep a leas…
Earlier quoted context omitted.
>If they aren't the legal equivalent of persons, then they can't perform necessary activities like entering into contracts. That's not true. Yes, corporate personhood exists to make things like forming a contract with or suing a corporation possible without a whole bunch of extra laws. But corporate personhood is not declaring corporations totally equivalent to natural persons. Corporations, for example, cannot vote…
Not all natural persons can vote. Despite what Trump says, green card holders are disallowed such. The trouble, I think, is that some people want to keep corporations, but to somehow keep a leash on them so that they're only weaponized against their enemies. If you truly hated corporate personhood, instead, you might start talking about how corporations shouldn't be allowed in any circumstances. You can't keep a leas…
The ones that were created in the US over eighteen years ago and haven't been convicted of a felony can. The same is not true of corporations, because they're not legally equivalent to humans.