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by paulddraper 626 days ago
For profit corporations, yes
1 comments

Whereas I view them as risk distribution vehicles, which society has agreed to treat specially because society has also agreed that they are capable of producing sufficient good for society as a whole (in a variety of forms) that they may be treated specially. If for-profit corporations now only exist solely to make profit, and not to enable a sufficient distribution of risk so that things that actually benefit society can be made and done, then it’s time to reconsider that special treatment.
That may be the reason for the law, but that's not the reason a corporation is created.