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Intellectual property is anti-competitive and monopolistic which is anti capitalistic. It started out as a reward system for authors and inventors. What we now
by foobar_ 6y ago
Intellectual property is anti-competitive and monopolistic which is anti capitalistic. It started out as a reward system for authors and inventors. What we now have is an obscenity becauase we are rewarding corporations that neither produce nor invent anything. The legal loophole that a corporation is a person is false. Adam Smith did not have that in mind when he was extolling the virtues of capitalism. We need to force liability based capitalism without personhood and breakup all conglomerates.
- kube-system 6y agoPeople who have rights individually should still have those rights when they assemble. The practical consequences of removing personhood would be disastrous for the rights of individuals who work at a corporation and the rights of individuals who want to contract with a corporation. If you think it’s hard to sue a bad corporation now, just think about how hard it would be if you had to individually name each of the owners in a suit.
- foobar_ 6y agoFind an email thread that links them ? For people thinking you need limited liability to be a big company ... you don't. Bloomberg is not an LLP as far as I know.
- kube-system 6y agoDon’t think that thread exists for any public companies, most email servers can’t handle that many recipients. Bloomberg is an LP which must have at least one partner with limited liability.