> However, Im very interested to hear how you propose to make an economy work without limited liability. Fwiw, I'd be interested to hear how you think the curr

> However, Im very interested to hear how you propose to make an economy work without limited liability. Fwiw, I'd be interested to hear how you think the current system could work if we didn't come along and bail the economy out every few years by backing these bad business debts with public money. > corporations in general The sole defining characteristic of a corporation is limited liability. Everything else a corporation is, is inherent it being a group of people. Further, all benefits we enacted corporate law to provide are now handled much more directly by bankruptcy statutes and welfare. You don't have to risk everything to engage in a business anymore. > simultaneously missing the actual social structures causing the problems you list and the benefits of corporations. So many benefits you couldn't list them all in the space provided? You favor a system where I pay for the crimes your business commits so the burden of proof is yours.