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To: decimon

"You sure? Corporations, as constituted, are a creation of government."

You may want to lay off the crack pipe. You obviously don't know what you are talking about. What does the fact that corporations are a creation of government have to do with the fact that we have a free market economy? A corporation is a legal entity, so it is created by government and gets a liability shield and separate identity from its owners, but that has nothing to do with free market economics.


36 posted on 01/24/2007 2:35:35 PM PST by Hendrix
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To: Hendrix
You may want to lay off the crack pipe.

You're a genius.

A corporation is a legal entity, so it is created by government and gets a liability shield and separate identity from its owners, but that has nothing to do with free market economics.

Nothing to do with free-market economics. Got it.

42 posted on 01/24/2007 2:41:59 PM PST by decimon
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To: Hendrix
A corporation is a legal entity, so it is created by government and gets a liability shield and separate identity from its owners, but that has nothing to do with free market economics.

Should the owners be shielded from liability? How one and the same person can have two "separate identities"? Can you have free market without personal responsibility?

The legal construct of corporation is to serve the common public interest. If this plain truth is forgotten it will lead to the erosion, reduction and abolishment of this construct.

48 posted on 01/24/2007 2:45:29 PM PST by A. Pole (G.K. Chesterton: "Too much capitalism means not too many capitalists, but too few.")
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