[CowboyJay]

"The bounds of acceptable actions are defined by law, not by conscience."

Hence the necessity for business regulation in the era of corporatism. An individual doing harm to society will eventually be processed out by being driven out or imprisoned. Corporations are powerful enough to insulate themselves against such action.

"You are also destroying a perfectly good political term ("collectivist") by misusing it like an impressionist uses mauve paint."

Nope. Shareholders are engaging in collectivism. The collective entity becomes master rather than servant. Very similar in dynamic to statist political systems.

[Toddsterpatriot]

An individual doing harm to society will eventually be processed out by being driven out or imprisoned. Corporations are powerful enough to insulate themselves against such action.

Exactly. Just look at Arthur Anderson. They were able to insulate themselves......