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by spindritf
5261 days ago
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> 2. Corporations are people. (In the US) I could never understand that point. Corporations are people everywhere. Corporation is just a group of people (shareholders/owners and management/employees) with a contractual hierarchy owning some property (equity). Same way NGOs are people, HOAs are people, football teams are people... And it's like that everywhere in the world, it's a very basic property of human societies. That's why corporate donations traditionally include donations from "members" of the corporation as donation from the corporation BTW. Now, in civilized countries, individuals within these groups are given some legal protection from responsibility for the group's actions. There are certain advantages to that approach (more innovation, risk taking, investment, etc) but most importantly collective responsibility is simply wrong. |
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