3 ms·

Individuals should have financial privacy, but corporations are not people (fight me). Trying to equate individual liberties with those corporations is a massi

Individuals should have financial privacy, but corporations are not people (fight me). Trying to equate individual liberties with those corporations is a massive source of societal issues but shills keep advocating for it because it's very much in the corporations interests to have those rights, which when wielded by an entity with such vast resources, puts said entity on a very uneven playing field with any actual humans. As such, we need to level that playing field.

refurb 3y ago
But corporations are just groups of people. And by removing the privacy of corporations you’re just removing the privacy of people within it.
- AnarchismIsCool 3y ago
  They're superficially groups of people but the legal reality that makes them exist is the fact that they're legally separate from the people who comprise them. To put it differently, they're not groups of people, they're a distinct legal "entity" that can then be fractionally owned by people while shielding them from whatever it's doing. This gives it special powers, you can't arrest a corporation or send it to jail. It can act against the will of some of its fractional owners, it can own its own property, and it can legally participate in electoral politics, beyond how any or all of its owners are legally able to participate.
  - refurb 3y ago
    Sure, but that doesn’t change the fact that eliminating privacy for LLCs is eliminating privacy for individuals.
    - AnarchismIsCool 3y ago
      Hear me out, but maybe we should have more privacy as individuals, such that the gains that an LLC currently provides you as a sole proprietor are similar, but the privacy an LLC provides should be reduced.
      - refurb 3y ago
        The problem remains - you want to reduce the privacy an LLC provides - but in the end, it's all individuals who are protecting their privacy with an LLC. So by reducing the privacy an LLC provides, you are reducing the privacy of individuals.
        AnarchismIsCool 3y ago
        ....At that point, the privacy to do what? If it's just to avoid taxes or commit financial crimes I don't think that flies.
        refurb 3y ago
        The privacy for your business dealings to not be public. No different than say banks keeping account owner information private.

refurb 3y ago

But corporations are just groups of people. And by removing the privacy of corporations you’re just removing the privacy of people within it.

AnarchismIsCool 3y ago
They're superficially groups of people but the legal reality that makes them exist is the fact that they're legally separate from the people who comprise them. To put it differently, they're not groups of people, they're a distinct legal "entity" that can then be fractionally owned by people while shielding them from whatever it's doing. This gives it special powers, you can't arrest a corporation or send it to jail. It can act against the will of some of its fractional owners, it can own its own property, and it can legally participate in electoral politics, beyond how any or all of its owners are legally able to participate.
- refurb 3y ago
  Sure, but that doesn’t change the fact that eliminating privacy for LLCs is eliminating privacy for individuals.
  - AnarchismIsCool 3y ago
    Hear me out, but maybe we should have more privacy as individuals, such that the gains that an LLC currently provides you as a sole proprietor are similar, but the privacy an LLC provides should be reduced.
    - refurb 3y ago
      The problem remains - you want to reduce the privacy an LLC provides - but in the end, it's all individuals who are protecting their privacy with an LLC. So by reducing the privacy an LLC provides, you are reducing the privacy of individuals.
      - AnarchismIsCool 3y ago
        ....At that point, the privacy to do what? If it's just to avoid taxes or commit financial crimes I don't think that flies.
        refurb 3y ago
        The privacy for your business dealings to not be public. No different than say banks keeping account owner information private.