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by adrianratnapala 2596 days ago
Companies don't exist for the public good, that's one reason why they they are private companies.

The laws that both support and constrain companies -- and also individuals -- really are supposed to be there for the public good.

1 comments

> Companies don't exist for the public good

I think you can make a good argument that limited liability corporations should serve the public good in return for the stockholders being shielded from financial and criminal liability. Stands to reason then that government has a right to demand something in return.

Spot on. adrianratnapala is confusing "private ownership" with something else.