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The US Surpreme court ruled they are people. https://www.npr.org/2014/07/28/335288388/when-did-companies-become-people-excavating-the-legal-evolution https://w
by themitigating 4y ago
The US Surpreme court ruled they are people.
https://www.npr.org/2014/07/28/335288388/when-did-companies-become-people-excavating-the-legal-evolution https://www.npr.org/2014/07/28/335288388/when-did-companies-...
- Drakim 4y agoThe funny thing is that corporations have a bunch of advantages like limited liability on top of the US Supreme court ruling them to have the same rights as people, which means that corporations actually have more rights than regular people.
- fallingknife 4y agoPeople also have limited liability. You can't be sued for the actions of another person, or held responsible for the debt of another person.
- anticensor 4y agoLimited liability of business companies is much stricter. Natural persons do not have an automatic protection against debts beyond one's own wealth.
- maxbond 4y agoIt was a normative statement I believe ("companies should not be people and should not have rights") rather than a factual one (I'm sure they're aware & that's why they felt compelled to make the declaration). English is sadly lacking in this regard, where you often get to make a strongly worded statement or an unambiguous statement, but it's very difficult to do both at the same time.