All modern corporations limit investor liability to the amount invested, something that did not become standard until the mid-1800s: https://en.wikipedia.org/wi

All modern corporations limit investor liability to the amount invested, something that did not become standard until the mid-1800s: https://en.wikipedia.org/wiki/Limited_Liability_Act_1855 https://en.wikipedia.org/wiki/Limited_Liability_Act_1855 This is a huge government support of investors. It has some societal benefits, which is why we do it, but it's often abused. The notion of "privacy" when people are taking government-supported action in the public sphere is nonsensical. If people have a legitimate purpose for trying to dodge liability and responsibility for their actions, I think having that on the public record is a minimum.