4 ms·
I say repeal the law that exempts them from liability. It has had an un-intended consequence of allowing large pseudo monopolies to emerge. It has also given th
by lgleason 8y ago
I say repeal the law that exempts them from liability. It has had an un-intended consequence of allowing large pseudo monopolies to emerge. It has also given them an un-fair advantage over TV and newspapers who are liable for their content.
- mathattack 8y agoRevoking the abilities of companies to limit their liabilities is very hard. Very few companies could exist (certainly no public ones) if there was no bottom to what personal assets could be clawed back in a corporate bankruptcy. I’m not arguing that limited liability is perfect - just that we’ve built much of capitalism (including our ability to invest) on top of it.
- Nasrudith 8y agoIf you apply that standard be careful with any walls on your house because you would be liable for death threats spray painted on it. Look at Gawker - they are liable for /their/ content. Not user content.