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by lordnacho 108 days ago
> Firms are just other people.

Firms aren't people. They are artificial constructs that we invented to solve an organizational issue a long time ago. Some aspects of natural persons were emulated in corporation law, but a lot of them aren't:

- Firms can't go to jail

- Firms don't naturally pass away

- They have their own taxation

- They can be in more than one jurisdiction at once

- There's more than one type of corporate entity.

It's just a matter of taking the right decisions regarding what rules we think are useful to society.

1 comments

None of that is useful in the sense I'm saying it.