Limited liability and other contraptions are just tools capital and feudalists use to avoid liability. In fact these should be reveresed. In fact most of these should be tried as RICO cases
Feudalists avoid liability by conscripting peasants and ordering them to fight their creditors' peasants, or handing out literal piracy (privateer) licenses, or steal money from monasteries after denouncing the Pope or accusing the specific holy order in question of practicing witchcraft.
RICO came after 159 years of US experience with all the benefits of limited liability and in the midst of the Cold War where the US was fighting for the freedom to keep government out of the way of business, so selecting that as your magic legal phrase is about as sensible as trying to fight Covid lockdown restrictions by putting a printout of Magna Carta in a shop window.
RICO came after 159 years of US experience with all the benefits of limited liability and in the midst of the Cold War where the US was fighting for the freedom to keep government out of the way of business, so selecting that as your magic legal phrase is about as sensible as trying to fight Covid lockdown restrictions by putting a printout of Magna Carta in a shop window.