3 ms·

Seems to me the solution is end the liability shield incorporations provides.

• mattmaroon 2y ago
  That would be a great way to tank the economy.
• lazide 2y ago
  Then anyone with money will be too afraid to invest or operate a corporation. Rapid, screeching halt to the economy.
  • scripturial 2y ago
    To carry through the analogy, yes, people should be afraid to deliberately and intentionally knowingly conduct illegal activity under the guise of a company.
    • lazide 2y ago
      Liability shields aren’t about knowingly committing illegal activity. They don’t protect against that. You can’t just form a company and hire people to rob banks or whatever. Companies are to shield people from unknowingly or accidentally causing damage or committing a crime, and losing more than the capital already invested. Think situations like ‘I hired a driver, and he got drunk when I wasn’t looking and accidentally ran someone over’. Without a liability shield, every investor or manager/owner of that company could lose everything, even if there was no way they could have known or prevented the problem - except by literally not having done business at all.