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Accountability sinks

(aworkinglibrary.com)
493 points l0b0 | 2 comments | | HN request time: 0.408s | source
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larsrc ◴[] No.41893900[source]
I've long thought that that is one of the main functions of corporations. There's a reason they're called limited liability. The fact that you can conjure up new companies at a whim makes it easy to shuffle responsibility into an obscure corner.

This is a strong reason that corporations should not be considered people. People are long-lived entities with accountability and you can't just create or destroy them at will.

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atoav ◴[] No.41893925[source]
The buck has to stop somewhere and a human has to be responsible for things.
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1. rwmj ◴[] No.41894005[source]
Oh sweet summer child. Companies are frequently structured and created in multiple jurisdictions to obscure beneficial ownership, responsibility, profits and taxes.
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2. atoav ◴[] No.41894152[source]
What I said is how it should be, not how it is.