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Corporations are just collections of people (except for the grant of limited liability, which is really an abuse). Too often, I think, we judge 'harmful' by th
by tc 17y ago
Corporations are just collections of people (except for the grant of limited liability, which is really an abuse).
Too often, I think, we judge 'harmful' by the impossible standard of "could I imagine things being better if I could force others to do things exactly my way" rather than "would we be better off if they didn't exist at all."
So that is to say, sure, if a company is actually causing a harm, in the legal sense of the word (committing fraud, breaking contracts, etc.), then they should have to pay restitution for that. That's what the law is for. Not to second-guess how companies could better serve their customers.
- scott_s 17y agoCorporations are also legal entities that are separate from the people that comprise them, so they shouldn't have the same kind of rights an individual would.