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> it's unrealistic to expect the CEO to even know that that local walmart exists Maybe, just maybe we then should not have so large entities that nobody can b
by beefield 6y ago
> it's unrealistic to expect the CEO to even know that that local walmart exists
Maybe, just maybe we then should not have so large entities that nobody can be responsible for? Limited liability is a massive handout from society to the owners of the Limited liability company and should be priced accordingly. (I do not propose banning limited liability. I propose being more selective how and which operations actually deserve limited liability. And tax it appropriately.)
- ajsnigrutin 6y agoBut this is true even with companies that have only two stores. Even one if it's open for more than one shift.
- Chris2048 6y ago> just maybe we then should not have so large entities that nobody can be responsible for But who says no one is responsible? There are clearly guilty parties, just not the CEO.
- Symmetry 6y agoThat would be nice in a way but then we couldn't have complicated products like laptops or iPhones. Abstraction barriers aren't optional when managing sufficiently complex processes.
- beefield 6y ago"I propose being more selective how and which operations actually deserve limited liability"