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by mrguyorama 1018 days ago
Because they are not "just collections of people", corporations are a legal fiction meant to be a handout to a group of people for investing in the economy.

It's insane. If you just get five people in a group and start selling lemonade that hurts someone, you do not get limited liability protection! You only do that if you file some legal paperwork. That legal entity, separate from any of the individuals involved, is what a "Corporation" is.