> Corporations (and other legal entities used for business) are legal fictions that allow people to pool capital for productive endeavors and yes, with limited

> Corporations (and other legal entities used for business) are legal fictions that allow people to pool capital for productive endeavors and yes, with limited liability on the parts of the owners, because we as a society decided that encouraging productive endeavors this way is better than the alternative. Worth noting that legal 'collectives' date back to Ancient Rome, city charters, monasteries, guilds in the Middle Ages, etc. While they are currently called corporation, from the Latin corpus for "body (of people)": * https://en.wikipedia.org/wiki/Corporation#History https://en.wikipedia.org/wiki/Corporation#History The original term was from the Latin universitas, and were universities in (relatively) more modern times when the concept saw uptick in usage (1100s AD). * https://en.wikipedia.org/wiki/University#History https://en.wikipedia.org/wiki/University#History The first collectives were either groups of students coming together to hire teachers (Bologna), or teachers coming together (Paris). * https://en.wikipedia.org/wiki/University_of_Bologna#History https://en.wikipedia.org/wiki/University_of_Bologna#History * https://en.wikipedia.org/wiki/University_of_Paris#History https://en.wikipedia.org/wiki/University_of_Paris#History Your local municipality, county, country, etc, are all legal fictions that act as a legal person. Turns out the concept is handy in many situations: * https://en.wikipedia.org/wiki/Legal_person https://en.wikipedia.org/wiki/Legal_person