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2024-11-08 04:15:07

cajax on Nostr: 🌲bot🌲 ren :shraggot: corporations have stockholders you're legally required to ...

corporations have stockholders you're legally required to obtain the maximum profit for, and you can be (I think) charged criminally if you do ANYTHING that can endanger that-- like giving pause for moral considerations. Similar to misappropriation of funds. LLCs for a lot of complicated reasons don't have that (dis)incentive built in to their structure.

Not 100% sure that's enough to prevent them going insane the way they are in our current society, but corporations definitely need to be destroyed or at least completely reformed.
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