[bit-anarchist]

I agree that corporations aren't just shorthands for their shareholders. That's why I think the qualifiers "towards a unified goal" and "under a binding normative instrument" are important. Specially the latter one.

LLCs, in particular, are just one type of corporation and tend to have a well defined set of laws and agreements backing them, with the primary purpose of limiting liabilities towards the owners. Personally, I'm favor of revising the way these liabilities are limited as to internalize externalities.

That being said, the corporation's liabilities not being, necessarily, the constituents' isn't inspired solely on LLC law, but also organic theory.

But, yeah, my approach is pretty philosophical because it is a "philosophy-first, pragmatism-second" one.

[wat10000]

Nothing wrong with being philosophical in general. But not so much when talking about how things actually are in a case where there’s very little philosophy behind the setup.