[mikem170]

Historically corporations were given a license to operate by the state, and limited liability conditional on their serving a public good.

Some people currently seem to have the attitude that a corporation can be protected by the state but not responsible for its actions that negatively impact the common good. This was not the original intention.

> But wether public or private, corporations were originally only granted special legal privileges by government, conditional on them serving some PUBLIC good. With special rights came special restrictions, and their operations were periodically reviewed for compliance with their stated purpose. However, over time the system of incorporation has been altered by corporations themselves, such that the benefits of state-grants have been kept, while the responsibilities discarded. [0]

[0] https://ptolemy3.medium.com/but-corporations-are-private-com...