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Yes. And recall that, in the US before that late 1890s, only public-interest corporations were legal. Because that was the tradeoff for the ability to arbitrari
by mirimir 8y ago
Yes. And recall that, in the US before that late 1890s, only public-interest corporations were legal. Because that was the tradeoff for the ability to arbitrarily concentrate capital, with limited-liability. If a corporation violated its public-interest charter, it could be dissolved.
But then the railroad corporations got big and rich enough to buy off Congress and the Supreme Court. They got human rights before women did ;)