3 ms·
Eliminating corporations would destabilize many sectors of the economy(particularly infrastructure- oriented ones), and it wouldn't make those sectors m
by cturner 18y ago
Eliminating corporations would destabilize many
sectors of the economy(particularly infrastructure-
oriented ones), and it wouldn't make those sectors more
fair than before.
Instability needn't be a bad thing. Newspapers are destabilised by the internet. This doesn't indicate that the internet is a bad thing.
I knew a guy who ripped the guts out of a regional beef market cartel with a simple program on an Apple II. There was lots of instability there and it was definitely a good thing.
It's interesting that you identify stability and low risk as being a strength of corporations - the only strong argument I've ever heard in favour of the idea of creating a structure with an individual's rights but without its responsibilities is that the limited liability of a corporation gives people the opportunity to take risks they otherwise wouldn't, and that the net effect on the system is positive. I'm dubious about this too.
We probably still don't get the same kind
of nutrition per person as the people in
the Middle Ages.
The improvement to quality of life, health, friends, freedom, and opportunity for self-actualisation in general is profound. We support a large population and anyone in regular employment has an opportunity to access education, food and resources that are so luxurious to people of the middle ages that many would be incomprehensible to the people of that setting.