The Sooner We Realize Corporations are the Real Enemy of Freedom, the Better We'll Be in the Long Run

submitted by mongre from self.conspiracy

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[–]Artistic-Mastodon-25 9 insightful - 2 fun9 insightful - 1 fun10 insightful - 2 fun -  (1 child)

The corporate form is just a tool to shield an individual from the liability incurred by the business. It's what makes complex economic activity possible. You dont want to lose your house just because your business incurs liability by opening itself to the public.

Your concern is not with corporations. Your concern is with the consolidation of power in a small cadre of elites. William Domhoff referred to this cadre as the Power Elite.

We're all "shareholders". Where do you think your pension, 401k, etc is located?

[–]PresentableSonInLaw 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Yep, centralization of power is the enemy of individual freedom.