The issue I see is that companies have limited liability. If they mess up, they can just go bankrupt and sometimes pass the cleanup costs on to society. Theref

The issue I see is that companies have limited liability. If they mess up, they can just go bankrupt and sometimes pass the cleanup costs on to society. Therefore, I think it’s fair that society wants to have a say in what gets done and what doesn’t. Maybe a way around this would be companies operating without limited liability. Would you be willing to put your entire fortune on the line in exchange for a fast track through regulations? Edit: to clarify: I’m not arguing that all companies should lose limited liability. I’m suggesting the introduction of a new type of company structure.