Government’s job is not to regulate corporations and manage their affairs as a dictator, but to protect their rights as a referee. Government’s job is to treat a corporation no different than any other citizen, granting it no special favors (corporate welfare is just as wrong as non-corporate welfare) or special punishments.
- What is the legal basis of a corporation under capitalism?
- Isn’t a corporation a legal fiction created by government?
- How are the laws governing corporations formed under capitalism?
- Isn’t the right to form a corporation, a privilege that can be revoked at whim by the state?
- What is the foundation of a corporation?
- What is government’s role in regard to corporations?
- My concern, loudly echoed by anti-capitalists, is that to limit liability is to limit responsibility?
- What are the problems in the legal framework of today’s corporations?
- What is Insider Trading?