|
|
|
|
|
by arch_deluxe
1 hour ago
|
|
A corporation is a single legal entity with distinct rights and obligations, that’s the entire point of incorporating, so you don’t have to create a fully connected graph of agreements between people, you can group them into entities that can then enter into agreements. The fact that corporations then have some rights similar to those of “natural persons” is the legal fiction referred to. |
|
Now, the fact that we've also agreed that corporations can act as political actors is fucking stupid, but the intent behind corporate personhood is that without it, it's effectively impossible to hold corporations accountable in any kind of reasonably efficient fashion.