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To: Dominic Harr
A more doctrinaire interpretation of Adam Smith and Edmund Burke would help light the way to correcting this. Never in their wildest dreams did either man envisage today's lack of true accountibility. Chartered corporations may be one step toward regaining sanity - the current one size fits all incorporation process has sunken to the lowest common denominator (small businesses) and in the process opened the door to the collectivism you mentioned that we see with the big boys. The big boys can get away with murder because of the rules made for the little guy (e.g. made to encourage small business by protecting founders' personal assets). Once a corporation reaches a few hundred people or 10s of Millions in revenue it should be subject to much harsher scrutiny and the officers should be held accountable personally for decisions in all cases.

6 posted on 12/11/2003 11:11:37 AM PST by GOP_1900AD (Un-PC even to "Conservatives!" - Right makes right)
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To: belmont_mark
Once a corporation reaches a few hundred people or 10s of Millions in revenue it should be subject to much harsher scrutiny and the officers should be held accountable personally for decisions in all cases.

Agreed.

May I suggest also that perhaps simply doing away with the 'virtual person-hood' would be a good start? Just force *someone* or *someones* to actually be the owner of record of each business? And then hold them criminally responsible for criminal behavior by those businesses?

That, I feel, is the real cause of our problems. That makes a 'business' into a 'collective person', and is the fount of all these problems.

10 posted on 12/11/2003 9:41:16 PM PST by Dominic Harr
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To: belmont_mark
Corporations aren't chartered anymore? Isn't there a legal means to revoke a corporations status as a corportation? I think it would behoove the American people to learn how to do this.

We as citizens need to revoke any laws that allow governmental or taxpayer funding of any or all nonprofit corporations because they are a threat to the Republic and tax money should not be used for these types of entities. And remove nonprofit status from mega corporations like the Nature Conservancy because they are a threat to the Republic.
13 posted on 02/05/2004 11:53:07 AM PST by hedgetrimmer
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