4 ms·

I think actually liquidating isn't so bad. Now and again nature strikes down a giant and a lot of other creatures benefit from it. It's actually a bit odd that

I think actually liquidating isn't so bad. Now and again nature strikes down a giant and a lot of other creatures benefit from it. It's actually a bit odd that when we invented corporations we didn't have some sort of catastrophe mechanism in there just to shake hands up now and again. I think society would find ways to become more resilient if we lived with possible corporate sudden death.

JumpCrisscross 4y ago
> liquidating isn't so bad You're guaranteeing either consolidation in an already oligopolistic sector, or a recession from the output drop caused by an inexperienced operator learning to scale to a major. > we didn't have some sort of catastrophe mechanism We do. They're fines and license revocations. Companies that can't afford their fines go bankrupt. Government gets cash; the stakeholders' clean up the mess. "Corporate death penalty" and related talking points are almost all about dismissing talk about bigger fines.
- lordnacho 4y ago
  You're also guaranteeing that people will be able to try new things where the giant once stood. The real challenge is how to regulate the death rate.
lazyasciiart 4y ago
The corporate death penalty. It's reasonable that nobody came up with it at the invention of the corporation, but America should absolutely have implemented one along with Citizens United.
jokethrowaway 4y ago
We do, but corporations which are rich enough just bribe the government and gets bailouts or special treatments. If it was the people vs Exxon with private judges in private courts (judges which compete with one another on who's the best, not government officials with a comfy chair and a guaranteed lifetime of administering "justice"), it would be way harder to corrupt. That's why we need to decentralise our government power.

4 ms·

I think actually liquidating isn't so bad. Now and again nature strikes down a giant and a lot of other creatures benefit from it. It's actually a bit odd that

by lordnacho 4y ago

JumpCrisscross 4y ago
> liquidating isn't so bad You're guaranteeing either consolidation in an already oligopolistic sector, or a recession from the output drop caused by an inexperienced operator learning to scale to a major. > we didn't have some sort of catastrophe mechanism We do. They're fines and license revocations. Companies that can't afford their fines go bankrupt. Government gets cash; the stakeholders' clean up the mess. "Corporate death penalty" and related talking points are almost all about dismissing talk about bigger fines.
- lordnacho 4y ago
  You're also guaranteeing that people will be able to try new things where the giant once stood. The real challenge is how to regulate the death rate.
lazyasciiart 4y ago
The corporate death penalty. It's reasonable that nobody came up with it at the invention of the corporation, but America should absolutely have implemented one along with Citizens United.
jokethrowaway 4y ago
We do, but corporations which are rich enough just bribe the government and gets bailouts or special treatments. If it was the people vs Exxon with private judges in private courts (judges which compete with one another on who's the best, not government officials with a comfy chair and a guaranteed lifetime of administering "justice"), it would be way harder to corrupt. That's why we need to decentralise our government power.