[kuhewa]

It's useful from the standpoint it was explained in Sapiens (like how the fiction of the LLC allowed certain innovations) but not so much in this context. You can believe in the corporation or not, the important thing is that you won't go personally bankrupt if your company does, if the relevant 'belief system' aka the US judicial system evaporates, we have bigger problems to worry about than well, anything else in this conversation

[Avicebron]

I agree with GP to some extant, but yeah..the old "nothing matters in this semi infinite void we call reality" isn't usually much of a starter.

[kuhewa]

It's worth talking about in so far as trust is important for some concept to work. Like.. how you will help your friend move apartments because you know he will help you in a year or so. Or whether a successful (thus far) crypto coin could go to zero.

But the whole point of a corporation is it is a legal entity, you don't need to trust anything for it to work other than other than.. idk the fabric of our society.

[BlueTemplar]

But it's kind of a problem that TFA tries to "prove" otherwise without a big disclaimer about the limits of his model in the real world...