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Overnight Open Thread

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Obdicut (Now with 2% less brain)3/05/2010 10:04:25 am PST

re: #818 lawhawk

which are treated as a corporeal person under the law.

Actually, they’re treated as somewhat corporeal persons, and somewhat not corporeal persons. And since they are not, in fact, corporeal persons, we should be very glad they’re not actually treated fully as corporeal persons.

Corporations have certain advantages that corporeal persons don’t— they can live forever, they can also die and resurrect themselves and have this benefit their shareholders. Moreover, they can own other corporations, other corporeal bodies, and filter legal ramifications through those shell companies.

The legal system recognizes the difference between corporations and real people already, the discussion is how we deal with those differences while still preserving th inherent rights to property and assembly enacted through corporations.