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> Why wouldn't we want to figure out how to punish (or hold accountable) individuals, instead of focusing on the fact that we can't punish legal entities? Beca
by quonn 2y ago
> Why wouldn't we want to figure out how to punish (or hold accountable) individuals, instead of focusing on the fact that we can't punish legal entities?
Because limited liability means exactly that the owners are shielded to a degree. That‘s my point. That‘s why corporations were created as a concept.
This concept is necessary because the company represents collective decisions and if each and every one of those would be individually accountable then less business would be done.
As someone else pointed out it‘s a union type. Instead of person you could call it „entity“ and rewrite all the laws. Happy now?