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The premise is bad as it assumes corporations have to act within today's legal framework, when in fact that's a human created framework, and when they did that
by gte910h 16y ago
The premise is bad as it assumes corporations have to act within today's legal framework, when in fact that's a human created framework, and when they did that changed how they'd worked until that date.
Corporations existed for decades with the public good at their heart (and were chartered for a specific, public oriented purpose). They were enterprises designed to create a good (or goods) that small businesses run in the sole-proprietorship could not, such as railroads, public works, and social institutions.
It is merely by a perversion of this, given by a gilded age supreme court decision, do we get the "You have to make profit or you can get sued" companies of today. This could entirely be changed via another supreme court decision or remaking the corporate sphere to allow non-money centric organizations.