From: T0Morrow@aol.com
Date: Sun Sep 03 2000 - 18:19:02 MDT
I think it would be more accurate to say not that corporations receive
limitations on their liability but rather that owners of corporations, i.e.,
shareholders, do.
In a message dated 9/3/00 3:59:34 PM Pacific Daylight Time, hal@finney.org
writes:
> > Hal wrote:
> > > Corporations are a matter of people getting together cooperatively to
> > > organize their efforts. How can it be evil for a group of people to
> > > voluntarily organize, and to offer jobs to others? Every aspect of
> > > the process, from the formation of the corporation, to the job offer,
> > > to the acceptance, is voluntary and agreed to by all concerned.
> > ...
>
> James Wetterau points out,
> > Actually, corporations receive limitations on their liability.
>
> Yes, of course this is right, I was ignoring this aspect in my brief
> description because the original concern seemed to relate to other
> aspects of corporations than liability limitation. Their size, their
> political influence, their heirarchical structure and ability to fire
> people at will, all were named as threats, and it was to this that I
> wanted to respond.
>
> Hal
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