3 ms·

Why do we tolerate behavior from corporations that we would absolutely despise if a person did it?

hammock 3y ago
The whole point of corporations is that they are organized to do things (leaving good or bad out of it) that a person cannot do
- keybored 3y ago
  But they’re also legally speaking “people” (persons) just to add insult to injury.
  - JumpCrisscross 3y ago
    > they’re also legally speaking “people” (persons) just to add insult to injury Yes, collective rights exist.
- Retric 3y ago
  Hardly, the point is to allow people to take some risks without risking all their assets. That’s it, that’s the entire point when they were created as people had been pooling assets long before corporations exited. IMO, like bankruptcy laws in general it’s a generally a good idea. Where the nuances exists is what debts can’t be discharged in bankruptcy and at what point you pierce the corporate veil because several things remove the protections offered by creating a company. One of the things we get wrong IMO is I think a corporation should be unable to shield itself from risk by creating another corporation. That creates all kinds of terrible incentives without any real upside.
JumpCrisscross 3y ago
> Why do we tolerate behavior from corporations that we would absolutely despise if a person did it? I don't see how an individual trading these data would be more or less despicable to the parties involved.
- Razengan 3y ago
  Picture a possessive ex peeping through your window with binoculars. Following you everywhere you go. Wiretapping your house. Hacking your accounts to see all your photos. You get the idea A privacy watchdog really should publish an ad like that, to really drill into the common masses about what corporations do to us.
  - JumpCrisscross 3y ago
    > Picture a possessive ex peeping through your window with binoculars. Following you everywhere you go. Wiretapping your house. Except they don't need to do that. I can individually set up an app and spy on users and then aggregate that with other apps and buy and sell the data. That's the problem. Put the other way: if a corporation hired a private eye to follow you everywehere and physically peep through your windows with binoculars, there would be backlash.

The whole point of corporations is that they are organized to do things (leaving good or bad out of it) that a person cannot do

keybored 3y ago
But they’re also legally speaking “people” (persons) just to add insult to injury.
- JumpCrisscross 3y ago
  > they’re also legally speaking “people” (persons) just to add insult to injury Yes, collective rights exist.
Retric 3y ago
Hardly, the point is to allow people to take some risks without risking all their assets. That’s it, that’s the entire point when they were created as people had been pooling assets long before corporations exited. IMO, like bankruptcy laws in general it’s a generally a good idea. Where the nuances exists is what debts can’t be discharged in bankruptcy and at what point you pierce the corporate veil because several things remove the protections offered by creating a company. One of the things we get wrong IMO is I think a corporation should be unable to shield itself from risk by creating another corporation. That creates all kinds of terrible incentives without any real upside.

JumpCrisscross 3y ago

> Why do we tolerate behavior from corporations that we would absolutely despise if a person did it? I don't see how an individual trading these data would be more or less despicable to the parties involved.

Razengan 3y ago
Picture a possessive ex peeping through your window with binoculars. Following you everywhere you go. Wiretapping your house. Hacking your accounts to see all your photos. You get the idea A privacy watchdog really should publish an ad like that, to really drill into the common masses about what corporations do to us.
- JumpCrisscross 3y ago
  > Picture a possessive ex peeping through your window with binoculars. Following you everywhere you go. Wiretapping your house. Except they don't need to do that. I can individually set up an app and spy on users and then aggregate that with other apps and buy and sell the data. That's the problem. Put the other way: if a corporation hired a private eye to follow you everywehere and physically peep through your windows with binoculars, there would be backlash.