A company isn't the same as a corporation. A corporation is a legal privilege granted by the government to give a company legal personhood. Thus the word "corpo

A company isn't the same as a corporation. A corporation is a legal privilege granted by the government to give a company legal personhood. Thus the word "corporation", from latin "corpus", signifying that the state considers this specific company to be a single, legal body. Corporations aren't a free market concept, it's a way for the state to give special protections to certain companies that need it for some prosocial reason. A short history: https://newint.org/features/2002/07/05/history https://newint.org/features/2002/07/05/history Basically, the original idea is, a corporate charter is granted to create a corporation, which acts on behalf of its shareholders (who the government trusts, have some worthy interest in mind).