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Yeah, you are talking about a death penalty for corporations (corp-death). It’s been suggested before. Thing is that probably the main reason corporations were
by Gatsky 4y ago
Yeah, you are talking about a death penalty for corporations (corp-death). It’s been suggested before. Thing is that probably the main reason corporations were invented is to limit liability, thus enabling them to do amazing industrial and technical feats. Making a covid vaccine for example. At the same time, it also gives you Big Tobacco. Changing this faustian bargain will have quite large effects. Corporate access to capital will become more expensive. Executives will become less bold. Corporations will become even more bureaucratic. Employees will spend a lot of time shifting responsibility around. It could be net negative. I don’t know what the solution is.