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By what logic would one need to be a socialist in order to oppose opaque corporate structures that obscure the market and thereby make it harder for consumers t
by kibwen 4y ago
By what logic would one need to be a socialist in order to oppose opaque corporate structures that obscure the market and thereby make it harder for consumers to make more informed judgments? Companies don't need to own other companies to make markets work. Is it "socialist" to be pro-transparency?
- telotortium 4y agoI could agree with the need for corporate transparency, but the initial proposal seemed excessively strict. Unfortunately, people managed to arrange complicated empires of corporations even back in the days when it took an act of the legislature to create a corporation (and therefore shell companies as we know them were impossible to create)[1]. [1] https://en.wikipedia.org/wiki/Trust_(business) https://en.wikipedia.org/wiki/Trust_(business)