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To: 1rudeboy
I gathered that the creative definition of collectivism means "a group of people with a shared interest.

It would seem from this thread that the shared interest you identify is believed to always be nefarious in nature and that people will always choose the unethical alternative if given the freedom to do so.

I thought that collectivism as an ideal was dead. What did I know. Here's the old definition: The principles or system of ownership and control of the means of production and distribution by the people collectively, usually under the supervision of a government. Duty to the state?

Anything related to an organization that issues stock to raise capital" is mine, but I can't really put my finger on it

I'd add: In most cases its liability is limited to the assets it possesses and creditors may not seize property of persons associated with the corporation as stockholders or otherwise. Legal personality gives the corporation many of the capacities of a natural person; e.g., it can hold property and can even commit crimes (for which it may be fined and its directors imprisoned).

I think this has something to with ensuring we don't become averse to risk. But what do I know? I'm still trying to figure out how it is I'm a global socialist and a collectivist. Very confusing.

160 posted on 03/22/2006 9:24:21 PM PST by Mase
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To: Mase
I think Toddsterpatriot brought-up an excellent point. Are we to hold Enron employees (say, the receptionists) liable for the criminal activity of their bosses? They were foolish enough to participate in the ESOP, after all.
179 posted on 03/23/2006 5:25:03 AM PST by 1rudeboy
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