When the Private Sector Is the Enemy

Here's where semantic shenanigans come in. Strictly speaking, a "person" is not a human being. "Person" derives from "persona", the mask that stage actors used to use. They had a small megaphone-like protrusion at the mouth, the purpose of which was to help project the voice in an age before electrical amplification. A "persona" as applied to humans in later times was a direct analog of the stage persona. We refer to a man's persona, that which he projects to the outside world. We often refer to the false personas of scoundrels and criminals, adopted for the purposes of deceit. I guess in time, "person" came to connote an individual in the way we humans are wont to dow with words. Just look what the millennials did with "awesome", which gets my bitch-slapper twitching.

So strictly speaking, a corporation is very much a person; a mask; a phony. It is the human being that is not a person.



I strongly support certain protections for corporations, while opposing others. I believe certain classes of crimes should nullify certain of the otherwise proper protections the moment a valid prima facie case is made. Right to remain silent and not self-incriminate should go right out the window once the valid case is established for certain sorts of crime. The risks to a prosecutor for making a false case should be severe because the accused could be required to divulge trade secrets, for example. I hold Pfizer and Moderna and their rotten "vaccines" as prime examples of why one must be able to nullify corporate rights under certain circumstances. There seems to be a reasonable case to be made that those corporations were up to nothing good. Were I king, once the case were made, I would strip the corporation and all its employees of their rights to remain silent and not self-incriminate. There would be large punishments for refusing to cooperate with an investigation. I'm thiknking that I would treat such circumstances in ways similar to what I specify in my Amendment 28, with some emphasis on the fact that the queries put to those under investigation would have to be relevant to the alleged crimes in question, or new ones that arise in the course of valid investigation with violations of that rule by investigators being treated sternly. For example, if the company is being investigated for crimes against humanity, questions of the CEO's sexual orientation would be right out unless it can be demonstrated that it somehow bore upon the crimes in a relevant way. If it cannot, yet the question is posed, the CEO being required by Law to answer and do so candidly, the asker should be brought to bitter regret at having erred. One of the points there is to give plenty of incentive to investigators to do their jobs with great care, honesty, integrity, and honor.

What's the difference between a corporation and a group of owners?

If the government decides to force a corporation do do business a certain way, who do you think takes the loss? The "corporation" or the owners?

You think Biden had the authority to force corporations to mandate covid vaccinations?

Should the government reimburse corporations when it forces something that cause the business to lose money?
 
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I believe for the purpose of the OP article, it was a binary distinction, government or private (non-government).

As far as debate about technicalities, government, government contractor, government partner, NGO, multi-national body, private business, corporation, partnership, LLC, mafia king, tribal leader, it’s just an exercise in naming your oppressor...

 
What's the difference between a corporation and a group of owners?

A corporation is a legal fiction, a "person" that insofar as statutory "law" is concerned is an extant entity that is treated as a monobloc entity
but is in fact only a mask, a fiction, a fake we regard with a wink-wink nudge-nudge for the sake of streamlining "issues" that otherwise arise and make proceeding along certain lines of action difficult. A corporation also provides certain protections to those who are shareholders and/or employees of the corporation, so when your widget removes Janey Doe's private parts in a malfunction, the humans who work with, for, or who own the corporation may enjoy certain protections such as not losing their houses, all else equal.

A group of owners enjoy no such limited liability protections under equal circumstances, and may find that issues such as transfer of ownership may manifest those "issues" to which I refer just above.

If the government decides to force a corporation do do business a certain way, who do you think takes the loss? The "corporation" or the owners?

The question presupposes the loss, an assumption that rings hollow. But if we assume there is a "loss", the sort of which you neglected to define, it is impossible to tell in a general manner, prima facie. But in theory, I can imagine there may be some results that effect the corporation, yet not harm the shareholders. For speculative example, imagine that in entering into a formal contract with "government", they are no longer allowed to discriminate against some subpopulation. Name your favorite professional victim group. This may well effect corporate operations to a greater or lesser degree, but it might not cause shareholders to suffer an profit hit whatsoever, though on the other hand it might, depending on the business and the market they serve. On the other other hand, it is not beyond conceivable that the bottom line might even improve by enlarging their potential customer base.

You think Biden had the authority to force corporations to mandate covid vaccinations?

Major non sequitur. Biden has no authority to order anyone to take a vaccine, so the example fails catastrophically, prima facie.

Should the government reimburse corporations when it forces something that cause the business to lose money?

Again the question presupposes an undemonstrated problem. Nonetheless, if again we use non-discrimination as the issue, if entering into a government contract would lead to losses, one would then have to do the loss/benefit analysis to determine whether the new restrictions would lead to net gains or losses and then choose in accord with those results either to move forward, or pass.

And let me make clear a point you appear to have missed: dancing with the devil would put you under the exact same restrictions that bind the devil himself in terms of what he may do, must do, and must not do. No discrimination, for example; no calling black people knygger, Jews kike, Italians wop; no feeling your female coworker's most bodacious knobs in the elevator, or anywhere else for that matter without her permission, and so on down the long list of behavioral requirements. There are no dicta to be obeyed that lie outside of those requirements or the stipulations found in the contract between the parties, so your questions stand on thin ice on that point as well.
 
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A corporation is a legal fiction, a "person" that insofar as statutory "law" is concerned is an extant entity that is treated as a monobloc entity
but is in fact only a mask, a fiction, a fake we regard with a wink-wink nudge-nudge for the sake of streamlining "issues" that otherwise arise and make proceeding along certain lines of action difficult. A corporation also provides certain protections to those who are shareholders and/or employees of the corporation, so when your widget removes Janey Doe's private parts in a malfunction, the humans who work with, for, or who own the corporation may enjoy certain protections such as not losing their houses, all else equal.

A group of owners enjoy no such limited liability protections under equal circumstances, and may find that issues such as transfer of ownership may manifest those "issues" to which I refer just above.


Are you against personal bankruptcy laws and LLCs? That would seem to be similar to the limited liability that corporations enjoy.

Is there a way to fix it so that a group of owners can trade shares of ownership and still retain their property rights?
 
Are you against personal bankruptcy laws and LLCs? That would seem to be similar to the limited liability that corporations enjoy.

Is there a way to fix it so that a group of owners can trade shares of ownership and still retain their property rights?

Treat corporations the way the were before the 14th amendment was misinterpreted?
 
Can you explain that and also answer the questions about personal bankruptcy and LLCs?

Did you read this link I gave you earlier? http://www.14th-amendment.com/Miscellaneous/Articles/Corporate_Personhood/Corporate_Personhood.pdf

That explains how corporations were seen prior to corporate person hood. U.S. corporations themselves didn't have "rights." They were chartered by the states and those same states could revoke said charter for whatever reason. Then overtime the corporations gained more and more power such that the states could not regulate them, but of course the Federal government could. So the rise of the almighty federal government, and the rise of the almighty corporations happened simultaneously with almost nobody noticing. Republicans tend to support corporate power. Democrats tend to support Federal government power. The little guy gets the shaft.

I don't understand your question about personal bankruptcy. Do I think it should be allowed? Of course. It's in the Bible. What I don't understand is what that has to do with corporations.

My stance on LLCs? I live in the current world and in a world were corporations exist people certainly have a right to form corporations. In my fantasy world guns wouldn't be a think and wars would still be fought with swords and bows and arrows. But that's not realistic. If the state went away there would still be gunpowder. It the state went away there would not still be corporations because corporations are, by definition, a creation of the state.

What does an LLC do for someone with regards to bankruptcy? Well an LLC can go bankrupt and even if it is owned by a single individual, that person's own credit score isn't affected by the bankruptcy. So Joe and Bill both start their own plumbing business. Both go belly up but Bill paid the $400 to form an LLC so not only does he get bankruptcy protection, as does Joe, but it's for the LLC which he can just dissolve if necessary. Is society really that better off because Bill is seen as a better credit risk just for filing a $400 fee on the front end? I dunno. What do you think?
 
I don't understand your question about personal bankruptcy. Do I think it should be allowed? Of course. It's in the Bible. What I don't understand is what that has to do with corporations.

My stance on LLCs? I live in the current world and in a world were corporations exist people certainly have a right to form corporations. In my fantasy world guns wouldn't be a think and wars would still be fought with swords and bows and arrows. But that's not realistic. If the state went away there would still be gunpowder. It the state went away there would not still be corporations because corporations are, by definition, a creation of the state.

What does an LLC do for someone with regards to bankruptcy? Well an LLC can go bankrupt and even if it is owned by a single individual, that person's own credit score isn't affected by the bankruptcy. So Joe and Bill both start their own plumbing business. Both go belly up but Bill paid the $400 to form an LLC so not only does he get bankruptcy protection, as does Joe, but it's for the LLC which he can just dissolve if necessary. Is society really that better off because Bill is seen as a better credit risk just for filing a $400 fee on the front end? I dunno. What do you think?

I'd like to focus on personal bankruptcy and LLCs because I think the logic is similar to big corporations. I haven't really thought this thru all the way but the idea that the government can initiate force on a business doesn't seem right to me.

So my question is, Should the government be permitted to initiate force on Bill's business but not on Joe's? In exchange for Bill's lesser liability?

Suppose Bill invests his life savings of a million dollars into his LLC plumbing business. Then the government forces Bill to service customers who have bad credit and his business goes under so he loses a million dollars. That doesn't seem right to me but I'm still working it out.

Here's one thought. When you trade freely with other people there's no need for government interference until there's a disagreement. I'm not an anarchist and I believe this is a proper role of government. So once there's a disagreement there's no "pure, non-force" way to resolve the dispute. So I'm thinking that bankruptcy laws and LLCs are all part of the dispute resolution process that government created.

LLCs and even bankruptcy laws bother me in a way because they seem contrived by government. But the idea that government can basically steal a business owner's property also bothers me.
 
I'd like to focus on personal bankruptcy and LLCs because I think the logic is similar to big corporations. I haven't really thought this thru all the way but the idea that the government can initiate force on a business doesn't seem right to me.

So my question is, Should the government be permitted to initiate force on Bill's business but not on Joe's? In exchange for Bill's lesser liability?

Why are you okay with the government initiating force on Bill's creditors in a way that it does not initiate force on Joe's? Joe's creditors can say through the credit rating agencies "Don't lend money to Joe because he's a bad credit risk" but Bill's creditors are not allowed to do that because of a government initiation of force against them.

And in the context of this thread, the government got it bed with Bill, told Bill which customers to discriminate against (YouTube, Twitter and Facebook deplatforming people at the request of government agents such as Dr. Anthony Fauci), and then Bill wants to cry when others use government to push back? Really?

Suppose Bill invests his life savings of a million dollars into his LLC plumbing business. Then the government forces Bill to service customers who have bad credit and his business goes under so he loses a million dollars. That doesn't seem right to me but I'm still working it out.

Except....that doesn't happen. What does happen is where a railroad corporation talks the government into doing a "controlled release" of toxic chemicals poisoning an entire town and then offers the townspeople $5 a piece in compensation. That just happened in Ohio. To white people. I emphasize race in this instance simply to point out that the corporatist state is an equal opportunity abuser of the little guy. For every hypothetical you can come up with about the "poor corporations" there are a zillion actual examples of corporate fascists screwing over everyone else. But let's go with your hypothetical anyway. Bill doesn't have to form an LLC! It's just Bill. If Bill thinks that the regulations that come with being a corporation are too onerous, Bill doesn't have to incorporate. He's worried about getting sued for bad plumbing work? He can buy insurance to cover that. He's worried about getting in over his head in debt? He can live within his means. Much of the "benefit" a sole proprietor gets from being a corporation (LLC or S-Corp) could either be dealt with using good business practices and/or scrapping the current tax system for something that's truly fair. I should be having to think about which business structure lets me have the most deductions or pay myself in a way to avoid self employment taxes because that shouldn't be a thing.

Here's one thought. When you trade freely with other people there's no need for government interference until there's a disagreement. I'm not an anarchist and I believe this is a proper role of government. So once there's a disagreement there's no "pure, non-force" way to resolve the dispute. So I'm thinking that bankruptcy laws and LLCs are all part of the dispute resolution process that government created.

Bankruptcy laws existed all the way back to the time of Moses. LLCs did not exist until 1977. The Federal Income Tax is older than the LLC. And no. Government didn't create bankruptcy laws. God did. And if you don't believe in God, "natural law" did. It's obvious that at some point it makes more sense to write off debt. I wrote off debt to a friend of mine in high school that continually borrowed money from me without ever paying me back and I eventually quit loaning him money. Call that allowing him to file bankruptcy and personally giving him a bad credit score. If someone asked if he was worth the risk of lending him money I would have told that person "absolutely not." No government needed. On the other hand for him to have a special piece of paper that said I couldn't tell other people that he had borrowed money from me and not paid me back because he hadn't actually borrowed the money but he had only acted as an agent for that special piece of paper requires either government or collective insanity or both. Same holds true if he and a group of his friends were all the owners of the special piece of paper whether he asked me for the money for the paper or his friends all asked collectively for the money.

LLCs and even bankruptcy laws bother me in a way because they seem contrived by government. But the idea that government can basically steal a business owner's property also bothers me.

So you have NEVER in your life loaned money to someone and decided at some point to quit asking for it back? If so you are a blessed man. But I'm sure you know someone that has done that even if they were too embarrassed to tell you about it.
 
Are you against personal bankruptcy laws and LLCs?

What has bankruptcy to do with the topic at hand? No I have no problem with such laws. Sometimes business deals go south and people get into trouble, often through no fault of their own. Feces happen at times, and there should be ways of settling the various problems that arise when criminal chicanery is not evident. Using bankruptcy to evade obligations you had no intentions of meeting from the get-go... that's a whole different kettle of fish. Administering a bankruptcy requires some serious capacities due to the tricky nature of the event, not to mention the rotten nature of some people.

LLCs are effectively no different from C-corps or sub-S corps, save in the ways taxes are managed.

That would seem to be similar to the limited liability that corporations enjoy.

What is similar?

Is there a way to fix it so that a group of owners can trade shares of ownership and still retain their property rights?

Sorry, you have lost me. What it is we are fixing?
 
What has bankruptcy to do with the topic at hand? No I have no problem with such laws. Sometimes business deals go south and people get into trouble, often through no fault of their own. Feces happen at times, and there should be ways of settling the various problems that arise when criminal chicanery is not evident. Using bankruptcy to evade obligations you had no intentions of meeting from the get-go... that's a whole different kettle of fish. Administering a bankruptcy requires some serious capacities due to the tricky nature of the event, not to mention the rotten nature of some people.

Personal bankruptcy laws limit your liability and I thought that was your issue with corporations.

I think you can derive corporate liability protection from personal liability protection. If one person invests a million dollars in a business and that business goes bankrupt he loses 100% of his investment but not his own personal stuff, just like with personal bankruptcy. If you split that business into a million shares and a million people own one share, each one of them would lose 100% of their investment, which would be one dollar, but they would keep their personal stuff.

I think "corporate personhood" is a strawman. I think the correct way of thinking about a corporation is that it's property owned by shareholders. The "corporation" doesn't have property rights but the owners do. It's like a farm. A farm is property owned by the farmer. A corporation is property owned by the shareholders. Using your logic a farm is thing that doesn't have rights therefore the government should be able to force the farm to run a certain way. But that violates the rights of the farmer.

If corporations are so bad then why are the countries that treat their corporations the best, generally the best places to live?

The other guy keeps bringing up damaging your credit rating. That's irrelevant. That's between you and whoever is thinking about loaning you money. The government shouldn't be involved.
 
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If one person invests a million dollars in a business and that business goes bankrupt he loses 100% of his investment but not his own personal stuff, just like with personal bankruptcy.

Unless the business is run in the form of a corporation, LLC, or limited partnership the business owner's personal assets (other than whatever exemptions the law provides) are subject to the creditors of the business. That's the main reason people use entities like corporations instead of doing business as a sole proprietorship.
 
Personal bankruptcy laws limit your liability and I thought that was your issue with corporations.

:rolleyes: I already explained it to you. I'll explain it to you again. With personal bankruptcy there is still a negative consequence. You're credit rating is damaged. With corporate bankruptcy, if you dissolve the corporation you can just pretend it didn't happen. Read what I said through several times and THINK about it before you attempt to respond again. Please.
 
Personal bankruptcy laws limit your liability and I thought that was your issue with corporations.

No. What I've been positing is that if you formally entangle yourelf with "government", you effectively become part and parcel of that vile entity and must therefore toe the same lines as may be codified by statute or even Law. If "government" cannot discriminate, then neither can you. And to be clear, I have no problem with discrimination by private parties. If you have an ice cream parlor and don't want to serve white males, then put up your sign and let the chips fall where they may. The market will respond as it will and either you will remain in business or you will not. That's all part of the freedom thing, but it's the side of freedom the squeams don't want to accept because it offends their delicate sensibilities.

I think you can derive corporate liability protection from personal liability protection.

Only partially and that lies, so far as I can tell without drilling down on it, in financial considerations.

There are aspects of liability that go well beyond the money. Consider Norfolk Southern and their disastrous decision to set alight 500 tons of vinyl chloride. Those people should already have been in cells since the day after the event. They should be charged. They should be convicted. They should be sentenced to life in solitary confinement and given a .357 revolver with a single round and good instruction on how to most effectively end their felonious existences.

Certain brands of limited liability are valid. Others, not so much so.

If one person invests a million dollars in a business and that business goes bankrupt he loses 100% of his investment but not his own personal stuff, just like with personal bankruptcy. If you split that business into a million shares and a million people own one share, each one of them would lose 100% of their investment, which would be one dollar, but they would keep their personal stuff.

We agree, so long as the condition of no criminality is a fact. In the case of fraud and other felonies, the area quickly goes very grey.

I think "corporate personhood" is a strawman.

I assure you that it is not, and it is obviously so when you understand what, precisely, is a "person". We have unwisely conflated personhood with humanity, and this is a fine example of why farting around with language, with words and their meanings, is a very bad idea... And yet, we appear incapable of avoiding it, which would seem to mean that there be an entire body of study ready for the studying: bringing certain ancient documents to proper understanding in the context of mangled current colloquial language relative to those documents. As I have stated many times before, language is the single most important thing in our lives. Nothing else even compares. It is quite literally EVERYTHING. Everything we know, live, do, judge, and so on down the long list of human activities. Yet we treat it so shabbily and with such casual dismissal. Thsi has gotten us into more trouble and all other causes combined, and by several orders of magnitude. It is a disaster of unmeasured proportions and it will likely be our undoing.

I think the correct way of thinking about a corporation is that it's property owned by shareholders. The "corporation" doesn't have property rights but the owners do.

This is mistaken. Corporations have formal rights and must have them. The question is what are those rights, and that is where we run off the rails. They do not possess human rights in a plenary sense. Their rights are in some cases very similar. Rights to property, for example. But do they have the right to petition "government" for redress? I'm thinking yes, but only in very limited ways. For one thing, they do not have the right to contribute to political causes of any sort. This, of course, begs questions of what are "political causes", for one thing, as well as a few other issues that can get thorny. Contributions to political campaigns for office, that is rather better defined and I would get rid of that yesterday. They should have no right to lobby at all. If they have a beef with "government", let them take it up in the courts and let the issues be settled in accord with proper procedures, including absolute public transparency. So much as the mention by a corporate officer (board member) to any government official regarding such beefs should place every human being at the risk of a life sentence. After sending the first couple to a supermax for this would straighten the troops up very quickly.

It's like a farm. A farm is property owned by the farmer. A corporation is property owned by the shareholders. Using your logic a farm is thing that doesn't have rights therefore the government should be able to force the farm to run a certain way. But that violates the rights of the farmer.

Non sequitur. These are not at all the same things. A farm is defined by the actual ground, a materially extant entity in sé. A corporation is not defined by anything other than an idea. It is a set. It is a group defined by the algebra of the corporate charter. Look up group theory if you do not understand this, but I will warn you that it is dangerously abstruse math that will make your head hurt a lot. It made mine migraine a lot. That algebra will define the group, whether loosely or tightly, depending on its wording, which in turn depends on the nature of the corporation and perhaps the skill of the corporate architects to put their wills into written form.

The physical assets of the corporation are the set- or group members that are included in the definition at any given time. An auto manufacturer might have forges, foundries, machine shops, upholstery shops, coach-assembly lines, and so forth. Those are not the corporation, but properties belonging thereto. The shareholders are owners, but in a sense they are indirectly so. They own the CORPORATION, but not necessarily the physical assets. If I hold $50K worth of Ford stock, I cannot just waltz into the Dearborn plant (assuming it still even exists, does it???) and walk out with one of their Hardinge HLV lathes to use for a week because "I own it". So ownership in this sense has some twists because ownership is shared. This is different from the circumstance where I open a job shop, buy an HLV and use it on my free time to make things for my wife at home. And even then I am limited in what I can do, particularly if I place that lathe on the corporate assets lists, in which case it becomes NOT mine in the usual sense, but the corporation's and it thereby subject to seizure in the event of bankruptcy or an adverse court decision.

If corporations are so bad then why are the countries that treat their corporations the best, generally the best places to live?

Ask that of the lefties who curse corporations every which way. They seem to think they have all the answers.

Corporations are only as good or bad as the people associated with them, whether those of the corporations themselves or the "governments" that oversee them. Ours is very, VERY bad. Corporations are allowed to get away with literal murder, and I submit that the NS train disaster in East Palestine will prove out to have been murder because those people will be dropping like flies in the coming years. Vinyl chloride is a very bad hombre see this.. IMO, releasing 500 ton of Vx would have been more merciful.

Don't forget that a "corporation" is literally nothing. It is vapors in the minds of human beings. It is an idea. It is a script, much as is the case with "government", where a theoretical structure is defined with roles and rules, the actual script, and roles are defined - the players, or actors/characters of the script. Remove the human beings and the corporation mysteriously vanishes into thin air, just as with "government". And that is the reason I always repeat the caution of not mistaking a map for the terrain it represents, except a map has reality, whereas a corporation has only that of its people.
 
:rolleyes: I already explained it to you. I'll explain it to you again. With personal bankruptcy there is still a negative consequence. You're credit rating is damaged. With corporate bankruptcy, if you dissolve the corporation you can just pretend it didn't happen. Read what I said through several times and THINK about it before you attempt to respond again. Please.

You're the one that needs to read:

"The other guy keeps bringing up damaging your credit rating. That's irrelevant. That's between you and whoever is thinking about loaning you money. The government shouldn't be involved."
 
No. What I've been positing is that if you formally entangle yourelf with "government", you effectively become part and parcel of that vile entity and must therefore toe the same lines as may be codified by statute or even Law. If "government" cannot discriminate, then neither can you. And to be clear, I have no problem with discrimination by private parties. If you have an ice cream parlor and don't want to serve white males, then put up your sign and let the chips fall where they may. The market will respond as it will and either you will remain in business or you will not. That's all part of the freedom thing, but it's the side of freedom the squeams don't want to accept because it offends their delicate sensibilities.



Only partially and that lies, so far as I can tell without drilling down on it, in financial considerations.

There are aspects of liability that go well beyond the money. Consider Norfolk Southern and their disastrous decision to set alight 500 tons of vinyl chloride. Those people should already have been in cells since the day after the event. They should be charged. They should be convicted. They should be sentenced to life in solitary confinement and given a .357 revolver with a single round and good instruction on how to most effectively end their felonious existences.

Certain brands of limited liability are valid. Others, not so much so.



We agree, so long as the condition of no criminality is a fact. In the case of fraud and other felonies, the area quickly goes very grey.



I assure you that it is not, and it is obviously so when you understand what, precisely, is a "person". We have unwisely conflated personhood with humanity, and this is a fine example of why farting around with language, with words and their meanings, is a very bad idea... And yet, we appear incapable of avoiding it, which would seem to mean that there be an entire body of study ready for the studying: bringing certain ancient documents to proper understanding in the context of mangled current colloquial language relative to those documents. As I have stated many times before, language is the single most important thing in our lives. Nothing else even compares. It is quite literally EVERYTHING. Everything we know, live, do, judge, and so on down the long list of human activities. Yet we treat it so shabbily and with such casual dismissal. Thsi has gotten us into more trouble and all other causes combined, and by several orders of magnitude. It is a disaster of unmeasured proportions and it will likely be our undoing.



This is mistaken. Corporations have formal rights and must have them. The question is what are those rights, and that is where we run off the rails. They do not possess human rights in a plenary sense. Their rights are in some cases very similar. Rights to property, for example. But do they have the right to petition "government" for redress? I'm thinking yes, but only in very limited ways. For one thing, they do not have the right to contribute to political causes of any sort. This, of course, begs questions of what are "political causes", for one thing, as well as a few other issues that can get thorny. Contributions to political campaigns for office, that is rather better defined and I would get rid of that yesterday. They should have no right to lobby at all. If they have a beef with "government", let them take it up in the courts and let the issues be settled in accord with proper procedures, including absolute public transparency. So much as the mention by a corporate officer (board member) to any government official regarding such beefs should place every human being at the risk of a life sentence. After sending the first couple to a supermax for this would straighten the troops up very quickly.



Non sequitur. These are not at all the same things. A farm is defined by the actual ground, a materially extant entity in sé. A corporation is not defined by anything other than an idea. It is a set. It is a group defined by the algebra of the corporate charter. Look up group theory if you do not understand this, but I will warn you that it is dangerously abstruse math that will make your head hurt a lot. It made mine migraine a lot. That algebra will define the group, whether loosely or tightly, depending on its wording, which in turn depends on the nature of the corporation and perhaps the skill of the corporate architects to put their wills into written form.

The physical assets of the corporation are the set- or group members that are included in the definition at any given time. An auto manufacturer might have forges, foundries, machine shops, upholstery shops, coach-assembly lines, and so forth. Those are not the corporation, but properties belonging thereto. The shareholders are owners, but in a sense they are indirectly so. They own the CORPORATION, but not necessarily the physical assets. If I hold $50K worth of Ford stock, I cannot just waltz into the Dearborn plant (assuming it still even exists, does it???) and walk out with one of their Hardinge HLV lathes to use for a week because "I own it". So ownership in this sense has some twists because ownership is shared. This is different from the circumstance where I open a job shop, buy an HLV and use it on my free time to make things for my wife at home. And even then I am limited in what I can do, particularly if I place that lathe on the corporate assets lists, in which case it becomes NOT mine in the usual sense, but the corporation's and it thereby subject to seizure in the event of bankruptcy or an adverse court decision.



Ask that of the lefties who curse corporations every which way. They seem to think they have all the answers.

Corporations are only as good or bad as the people associated with them, whether those of the corporations themselves or the "governments" that oversee them. Ours is very, VERY bad. Corporations are allowed to get away with literal murder, and I submit that the NS train disaster in East Palestine will prove out to have been murder because those people will be dropping like flies in the coming years. Vinyl chloride is a very bad hombre see this.. IMO, releasing 500 ton of Vx would have been more merciful.

Don't forget that a "corporation" is literally nothing. It is vapors in the minds of human beings. It is an idea. It is a script, much as is the case with "government", where a theoretical structure is defined with roles and rules, the actual script, and roles are defined - the players, or actors/characters of the script. Remove the human beings and the corporation mysteriously vanishes into thin air, just as with "government". And that is the reason I always repeat the caution of not mistaking a map for the terrain it represents, except a map has reality, whereas a corporation has only that of its people.

Your posts are way too long. You must've been a cobol programmer.
 
Your posts are way too long. You must've been a cobol programmer.

If you don't like the answers, don't ask the questions. Giving a half-baked response is worth less than giving none.

And so we here see an example of the soundbite generation, incapable or unwilling to suffer through a mostly sufficient outlay of information. Watch a youtube video if this displeases you so much. :)
 
If you don't like the answers, don't ask the questions. Giving a half-baked response is worth less than giving none.

And so we here see an example of the soundbite generation, incapable or unwilling to suffer through a mostly sufficient outlay of information. Watch a youtube video if this displeases you so much. :)

Now there's an impressive ego.
 
You're the one that needs to read:

"The other guy keeps bringing up damaging your credit rating. That's irrelevant. That's between you and whoever is thinking about loaning you money. The government shouldn't be involved."

:rolleyes:

Now there's an impressive ego.

Pot meet kettle on your ego point. At this point I don't think you're even trying to have a serious disucssion about the issue. Bottom line is that bankruptcy doesn't require the creation of a fictiious entity by a government. It doesn't even require a government.
 
Now there's an impressive ego.

Not quite sure the tone in which you make this statement. But if my gut impression is right, then I am once again perplexed by it. You asked a question on a matter that is not quite simple, having manifold aspects and approaches. As I mentioned and shall reiterate, half-assed responses are no better than none, and are often worse for reasons I surely hope I need not spell out. You didn't have to ask, nor did you have to read what I wrote despite the fact that I showed you the courtesy of at least trying to give you a decent answer that was not full of holes, vagaries, and other insufficiencies. But to complain about it? Why? I even responded to you with the smilies that I tend to avoid, in the spirit of not being mistaken in my tone to you. It seems I can do not good by you here. If you want soundbite-style answers, you need to go elsewhere because it is not my usual manner of addressing such issues. Sorry I've apparently offended you - it surely was not my intention.
 
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