What is a corporation?

Under capitalism: a corporation is a group of individuals organized in a specific legal form, just like society is nothing more than a sum of individuals organized in a specific form, or marriage is a group of individuals (a man and a woman traditionally) organized in...

What is the foundation of a corporation?

The foundation of a corporation are the rights of its members: the right to state that one is entering trade agreements under the presumption of limited liability (for the shareholders), under a corporate “assumed” name. All the rights of a corporation are derived...