[freedude]

A better question might be why is a company considered a legal entity or even a technical entity? It has been said that they shouldn't be and that legality should rest with the individual companies' owner. This of course would end corporations and much of the crap they produce and force owners to be accountable to their word. Yes, a novel concept.

But don't take my word for it. Read what Adam Smith had to say about it first in the Wealth of Nations. https://www.ibiblio.org/ml/libri/s/SmithA_WealthNations_p.pd...

[freedude]

Oh and this Noam Chomsky thought... "When the corporatization of the state capitalist societies took place a century ago, in part in reaction to massive market failures, conservatives – a breed that now scarcely exists– objected to this attack on the fundamental principles of classical liberalism. And rightly so. One may recall Adam Smith's critique of the "joint stock companies" of his day, particularly if management is granted a degree of independence; and his attitude toward the inherent corruption of private power, probably a "conspiracy against the public" when businessmen meet for lunch, in his acid view, let alone when they form collectivist legal entities and alliances among them, with extraordinary rights granted, backed, and enhanced by state power." — Noam Chomsky