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Accountability sinks

(aworkinglibrary.com)
493 points l0b0 | 1 comments | | HN request time: 0.205s | 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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1. izacus ◴[] No.41894483[source]
Just to be clear, LLC is supposed to be about limited financial liability, not criminal liability. But we seem to have forgotten that on the way.