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0 pointsDetrytus2y ago0 comments

Not really, no. The root of all evil is so called "limited liability". LLCs and Corporations should be illegal, only privately held companies where there's no boundary between what belongs to the owner and what to the company should be allowed to operate. And the owner should be criminally responsible for the actions of his company.

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2 comments · 2 top-level

pyuser5832y ago

That’s counter to the ideas of civilization.

The first corporations were monasteries. The monks held all in common, so the property belonged to the abbey.

Should that be illegal?

Should reporters at the New York Times be treated as personal servants of the publisher?

manuelabeledo2y ago

> LLCs and Corporations should be illegal, only privately held companies where there's no boundary between what belongs to the owner and what to the company should be allowed to operate.

That's seems counter to some of the very foundations of capitalism, i.e. the concepts of markets, creditors, and shareholders. In any case, it wouldn't work at the current scale.

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