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You're leaving off both the "limited liability" and "it's a person with legal rights" parts of a corporation. If it's a person, then they might have to go afte
by nickpsecurity 1y ago
You're leaving off both the "limited liability" and "it's a person with legal rights" parts of a corporation.
If it's a person, then they might have to go after the corporation. Alternatively, each corporate crime might be a conspiracy charge.
With limited liability, it's unclear how much one can discourage the bad behavior if there's distance between the owners and the punishment.
I oppose both of these concept by default for criminal behavior. Power and accountability should always go hand in hand. Only people should be people, too.
- trollbridge 1y agoLimited liability is the source of many ills. I'm fine with people pooling capital to create partnerships, but where things take an odd turn is the idea you can create a business enterprise that can incur massive debts, yet face no accountability for repaying the damage such an enterprise causes.