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The analogy falls apart completely unless you attribute some inherent value to a corporation's existence like you would to human life. What value does a corpor
by TheCoelacanth 8y ago
The analogy falls apart completely unless you attribute some inherent value to a corporation's existence like you would to human life.
What value does a corporation have beyond the economic value that it produces?
- derefr 8y agoA good corporation is a bunch of gelled teams who are at home with one-another and enjoy working together. Destroying the corporation usually results in the dissolution of the component teams, one way or another. That's the real loss—not just in terms of human happiness, but also in terms of per-capita economic productivity. It's like rewriting software: by starting from scratch, even with the same libraries, you're throwing away all the hard-fought knowledge of the optimal arrangements of, and interactions between, those components. And, since people find their own optimal arrangements/interactions over time, rather than being placed into such arrangements by some sort of "org-chart architect", there's no one with a top-down view who can salvage the most useful arrangements/interactions at the destination. A hedge fund might take a particular gelled team and sell them off "as a unit" to some company; but what that company will be getting is a box of lego with no instruction manual for how it goes together.
- lurquer 8y ago> A good corporation is a bunch of gelled teams who are at home with one-another and enjoy working together. Destroying the corporation usually results in the dissolution of the component teams, one way or another. A gelled team that works well together making obsolete copiers or film cameras is a waste of resources.