4 ms·
USA should replace marriages with "M corps". Those are special type of corps with just CEO and CFO, capital stock and voting stock, and possibly with more C-sui
by akomtu 5y ago
USA should replace marriages with "M corps". Those are special type of corps with just CEO and CFO, capital stock and voting stock, and possibly with more C-suite members (kids) and SVPs (cats, dogs). Alimony would be replaced with golden parachute contracts, if you manage to negotiate it upon forming the corp. Houses, cars and other assets may be made a property of this M corp, but that's subject to negotiations. Same with income: M corp members may invest their incomes into the corp, but don't have to. Whether an LLC can be a member of an M corp, or whether it can have independent investors are all interesting questions that would be resolved by courts.
- flomo 5y agoUpper classes already do something like M-corps. One thing about prenups is they might not substantially change the outcome, but at least at least people are reviewing the implied contract up-front with their lawyer.
- gruez 5y agoThis sounds good if both partners are young professionals with roughly the same earning potential, but what about breadwinner + housewife/househusband situations? Why would the breadwinner want to contribute assets to the M-corp? I imagine the negotiations for forming the M-corp would be pretty awkward.
- akomtu 5y agoNot any more awkward than what we have today. The would-be housewife just demands the CFO position on such and such terms by end of year, or she's out.
- gunshai 5y agoThis does sound quite interesting, although this would need to be jussed(sp?) a bit. As my partner said when I read this aloud "Well that's romantic".
- JCharante 5y agoWhy does everything about marriage have to be romantic? If you're the spouse you'll be the first person the doctors ask if taking them off life support is ever a question. That's not romantic but it's a direct possible consequence.
- boppo1 5y agoYou jest, but I think this kind of procreation arrangement might make it to the mainstream. Marriage is just too broken these days. I'd love to fall in love, but the stats don't lie. I'm terrified to try to start a family, much as I might like one.
- meowfly 5y agoI like this idea. At the very least, I believe couples should be required to negotiate the terms of their marriage in a legally binding way. My current model is I think of marriage as a partnership and I accept the assets I brought to the partnership should be distributed equally. What I find unnerving is alimony. For example, what if I was diagnosed with early-onset Alzheimer's. Could my spouse divorce me and then demand alimony when my earning potential might have peaked? I think requiring a legal contract for marriage that forces couples to confront these kinds of questions makes sense.
- mythrwy 5y agoPractically, it sounds like a good idea but a romantic honeymoon to celebrate your new M corp status might not appeal to most wives.