Started By
Message

re: Should corporations be legally considered individuals?

Posted on 6/22/18 at 11:09 am to
Posted by GoCrazyAuburn
Member since Feb 2010
41021 posts
Posted on 6/22/18 at 11:09 am to
quote:

The government. Which is our problem


Well, the people do, but that is my point. Nobody is holding them accountable like they are supposed to anymore besides themselves.

quote:

You can argue that 'we the people' should hold them accountable, but that isn't realistic until they have done such a bad job that we are starving and unable to enjoy life.



That's fine, but corporations having rights won't change that.
This post was edited on 6/22/18 at 11:11 am
Posted by HempHead
Big Sky Country
Member since Mar 2011
56694 posts
Posted on 6/22/18 at 11:11 am to
I am an anarcho-capitalist, the elimination of government sanctioned limited liability isn't exactly a new idea in that realm. It would certainly reduce the scale of businesses but that doesn't bother me at all.
Posted by Quidam65
Q Continuum
Member since Jun 2010
20515 posts
Posted on 6/22/18 at 11:13 am to
Easy solutions, both of which require amendments to the Constitution.

First, only natural persons can make political contributions. Limited to either citizens only or citizens and legal immigrants.

Second you can only contribute to a candidate (or to a campaign for or against an issue such as a bond package) in which you can actually vote.
Posted by CptRusty
Basket of Deplorables
Member since Aug 2011
11740 posts
Posted on 6/22/18 at 11:15 am to
quote:

It would certainly reduce the scale of businesses but that doesn't bother me at all.


I am struggling to imagine a single thing which would destroy the economy faster than removing limited liability protections for corporations. I suppose if that doesn't bother you at all, that's your business, but you may consider being a bit more transparent about your viewpoint. I might suggest the following:

"Limited liability is a farce, it should be removed post-haste. I realize this would wreck the economy irreparably, but I don't care because... anarcho-capitalism"

...something like that.
Posted by tigerdude3232
Member since Nov 2009
730 posts
Posted on 6/22/18 at 11:18 am to
quote:

quote:
To be fair the government didn't hold the corporations accountable for going bankrupt...they just gave them our money


And who holds the government accountable?


We should be able to, unfortunately everyone on here supports a guy who flat out stated you can't hold him accountable if he ever did do something wrong.
Posted by tigerdude3232
Member since Nov 2009
730 posts
Posted on 6/22/18 at 11:20 am to
quote:

So you’re saying that individual stockholders should be able to be sued for the actions of the company? Or is this in regards to taxation for the corporations?


no, not at all lol. I would not mind if these following rules applied to them though:
They weren't allowed to participate in the political process. They couldn't buy stock in other corporations. And if one of them acted improperly, the consequences were severe
Posted by GoCrazyAuburn
Member since Feb 2010
41021 posts
Posted on 6/22/18 at 11:21 am to
quote:

They weren't allowed to participate in the political process


Okay. Does this apply to all organizations?

quote:

They couldn't buy stock in other corporations.


Why?

quote:

And if one of them acted improperly, the consequences were severe


Specifics please.
Posted by tigerdude3232
Member since Nov 2009
730 posts
Posted on 6/22/18 at 11:21 am to
quote:

quote:
The government. Which is our problem


Well, the people do, but that is my point. Nobody is holding them accountable like they are supposed to anymore besides themselves.

quote:
You can argue that 'we the people' should hold them accountable, but that isn't realistic until they have done such a bad job that we are starving and unable to enjoy life.


That's fine, but corporations having rights won't change that.



If corporate leaders take control of the government, where are the lines drawn at that point?
Posted by HempHead
Big Sky Country
Member since Mar 2011
56694 posts
Posted on 6/22/18 at 11:22 am to
quote:

...something like that.



That is fair.
Posted by tigerdude3232
Member since Nov 2009
730 posts
Posted on 6/22/18 at 11:22 am to
quote:

Easy solutions, both of which require amendments to the Constitution.

First, only natural persons can make political contributions. Limited to either citizens only or citizens and legal immigrants.

Second you can only contribute to a candidate (or to a campaign for or against an issue such as a bond package) in which you can actually vote


This is actually a good idea, I'm game for it
Posted by GoCrazyAuburn
Member since Feb 2010
41021 posts
Posted on 6/22/18 at 11:23 am to
quote:

If corporate leaders take control of the government, where are the lines drawn at that point?


In some type of coup or something? What are you talking about?
Posted by tigerdude3232
Member since Nov 2009
730 posts
Posted on 6/22/18 at 11:26 am to
quote:

quote:
They weren't allowed to participate in the political process


Okay. Does this apply to all organizations?


talking corporations, not organizations...that's a different topic

quote:

quote:
They couldn't buy stock in other corporations.


Why?


So we don't end up with a corporate conglomerate that owns everything through infinite corporations that individually are protected from each other.....

quote:

quote: And if one of them acted improperly, the consequences were severe Specifics please.


I'll have to look for examples
Posted by Oilfieldbiology
Member since Nov 2016
42246 posts
Posted on 6/22/18 at 11:28 am to
LLC is essential because we have ambulance chasing lawyers who laugh at individual responsibility
Posted by Oilfieldbiology
Member since Nov 2016
42246 posts
Posted on 6/22/18 at 11:30 am to
quote:

Most people in power are business men, not politicians.


No most are lawyers who get into business after being career politicians.
Posted by GoCrazyAuburn
Member since Feb 2010
41021 posts
Posted on 6/22/18 at 11:31 am to
quote:

talking corporations, not organizations...that's a different topic



No, no, they are very much related. You are then arguing for taking away the rights of one type of group to participate in the political process but allowing another. It is all or nothing.

quote:

So we don't end up with a corporate conglomerate that owns everything through infinite corporations that individually are protected from each other.....



So, you don't like efficient ways of raising capital? You don't like investing in small businesses? If you're like Hemp, and are fine with wrecking the economy, that is perfectly fine, just be upfront about it. (Not calling you out Hemp, I understand your point of view)

This post was edited on 6/22/18 at 11:33 am
Posted by tigerdude3232
Member since Nov 2009
730 posts
Posted on 6/22/18 at 11:32 am to
quote:

quote:
If corporate leaders take control of the government, where are the lines drawn at that point?


In some type of coup or something? What are you talking about?


Look at the people in our government right now. How many of them were ex CEO's or corporate leaders. It's already happened my man.
Posted by GoCrazyAuburn
Member since Feb 2010
41021 posts
Posted on 6/22/18 at 11:33 am to
quote:

Look at the people in our government right now. How many of them were ex CEO's or corporate leaders. It's already happened my man.



Okay, so what type of people need to be in our government?


ETA: And most are still career politicians. 1/5th of congress worked in education actually.
This post was edited on 6/22/18 at 11:37 am
Posted by TBoy
Kalamazoo
Member since Dec 2007
28529 posts
Posted on 6/22/18 at 11:34 am to
They should have some features of artificial personhood, but should not be considered persons.

To what I think is the point, a corporation cannot have religious views. I'm no expert on the subject, but I have never heard anything at Mass which suggests that a corporation can get to heaven or hell.
Posted by tigerdude3232
Member since Nov 2009
730 posts
Posted on 6/22/18 at 11:38 am to
quote:

quote:
Most people in power are business men, not politicians.


No most are lawyers who get into business after being career politicians.


Are you sure? These don't fit that:
Mike Pompeo
Steven Mnuchin
Wilbur Ross
Alexander Acosta
Alex Azar


I'd like to know if i really must list 80% of our politicians for you to open your eyes.
Posted by GoCrazyAuburn
Member since Feb 2010
41021 posts
Posted on 6/22/18 at 11:39 am to
quote:

Are you sure? These don't fit that:
Mike Pompeo
Steven Mnuchin
Wilbur Ross
Alexander Acosta
Alex Azar


I'd like to know if i really must list 80% of our politicians for you to open your eyes.


Are you sure about that? 115th congress House / Senate:

Public Service/Politics 194 44
Business 179 29
Law 168 50
Education 79 20


ETA: Some submitted multiple careers
This post was edited on 6/22/18 at 11:42 am
first pageprev pagePage 2 of 3Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram