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by 7e 31 days ago
You are confusing non-profits with for-profit corporations. For profit corporations (the kind with shareholders) are legally required to behave selfishly (the profit motive) which means, in practice, that corporations are their own agents which act independently of the shareholder.

That’s because corporate board members and executives would be personally liable if they did anything but allow the corporation to act like a raging sociopath. That’s the definition of “fiduciary duty”. Corporations are, in effect, autonomous, unaligned evil AIs.

1 comments

You can't have non-profit corporations donate to politics, because it's so easy for a corporation to finance a non-profit to do the donations for them.