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by fndksksvdk 975 days ago
Yeah, public benefit corps are an example of a better way to organize an institution that has extreme power over humanity. Those aren't even legal in all 50 states. Are any giant multi-nationals organized as a PBC?

Illegal and enforceable are different things. Whether or not Microsoft violated tax law doesn't matter if they can bully the IRS with a big legal team. The concept of 'we can make your legal bills so high it's not worth it even if you win' gives big corps like Microsoft with internal legal teams a different relationship with the law than the rest of us. If our system equally enforced laws, I'd agree with just making bad things illegal, but first we need to fix the fact that it's possible to be above the law.

1 comments

Benefit corporations don't have to be defined in your state to make one; after all, regular corporations are mostly in Delaware.