View Poll Results: Do you believe in corporate personhood?

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  • Yes

    3 8.82%
  • No

    26 76.47%
  • Other (Please explain)

    5 14.71%
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Thread: Corporate Personhood

  1. #81
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    Re: Corporate Personhood

    Quote Originally Posted by What if...? View Post
    A corporation can't have intent.
    Why not? The board of directors can. Let's say they intend to invest $1 bln in some new technology. Are they going to ask you for your concent?
    It's not verry different from running a country - you hand the rule to the elected and they make the decisions, not you personaly.

  2. #82
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    Re: Corporate Personhood

    Corporate personhood is wrong and is a primary factor in the current economic, political, social and moral decay of our modern society. I am aware of the benefits such as the liability shield but we all know that the powers of personhood have been taken far, far beyond that.

    Our legal system is inventive and so are the people behind it. We could remove corporate personhood and come up with an alternative that honors liability but without giving companies the power to form divisive, political and economic factions in our civilization.

    I agree with Ikari. Corporate personhood was invented to shield the aristocracy.

  3. #83
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    Re: Corporate Personhood

    Quote Originally Posted by MaggieD View Post
    Every criminal act is a civil tort.
    I think you're mistaken about this. Victimless crimes do not typically give rise to tort claims.

  4. #84
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    Re: Corporate Personhood

    Quote Originally Posted by Guy Incognito View Post
    I think you're mistaken about this. Victimless crimes do not typically give rise to tort claims.
    I certainly could be. I'm not an attorney. Can you give me an example of a victimless crime? I went looking...

    Riding a motorcycle or bicycle without a helmet
    BASE jumping from city buildings
    Individual purchase and consumption of recreational drugs
    Driving a motor vehicle without a seatbelt
    Prostitution and/or soliciting for prostitution
    Public nudity and fornication
    The consumption of pornography (not involving children or coercion)
    Dang. I'm wrong. Again.

    (Who eats pornography?)
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

  5. #85
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    Re: Corporate Personhood

    Quote Originally Posted by MaggieD View Post
    Can you give me an example of a victimless crime?
    Punching someone in the dark.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  6. #86
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    Re: Corporate Personhood

    Quote Originally Posted by Kandahar View Post
    So you think that someone who bought one share of Enron stock for $50 and then forgot about it should have lost their life savings? What if they bought an index fund which happened to invest in Enron, unbeknownst to them?
    I think if anyone knew up front that they would be liable for actions carried out by their company, we would have a whole lot less unethical situations that arose with ENRON and Wall Street.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

  7. #87
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    Re: Corporate Personhood

    Quote Originally Posted by MaggieD View Post
    Dang. I'm wrong. Again.
    It takes a big person to admit ones mistakes. Not that I would know, 'cuz I'm never wrong

    Quote Originally Posted by MaggieD View Post
    (Who eats pornography?)
    Erotic bakeries, maybe?
    Last edited by Guy Incognito; 03-30-11 at 05:00 PM.

  8. #88
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    Re: Corporate Personhood

    Quote Originally Posted by Catawba View Post
    I think if anyone knew up front that they would be liable for actions carried out by their company, we would have a whole lot less unethical situations that arose with ENRON and Wall Street.
    Why? The small-time investors who invested in Enron didn't have anything to do with the corruption; they suffered as much as anyone. And the people who actually WERE responsible for the corruption aren't going to be deterred by that. They already faced criminal prosecution and civil suits for their actions; why would they care if the investors were also held liable for it?

    This would mean that no one would buy individual stocks, no one would invest in index or sector funds, and the whole idea of businesses raising money by selling equity through stock would disappear. Then they'd run to the banks for loans, and drive the interest rates sky-high.
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  9. #89
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    Re: Corporate Personhood

    Quote Originally Posted by Kandahar View Post
    Why? The small-time investors who invested in Enron didn't have anything to do with the corruption; they suffered as much as anyone. And the people who actually WERE responsible for the corruption aren't going to be deterred by that. They already faced criminal prosecution and civil suits for their actions; why would they care if the investors were also held liable for it?

    This would mean that no one would buy individual stocks, no one would invest in index or sector funds, and the whole idea of businesses raising money by selling equity through stock would disappear. Then they'd run to the banks for loans, and drive the interest rates sky-high.
    People would invest. The stock holders, the sorta of standard folk, are already punished when their company does poorly. They are assessed the penalty according to their proportion of stock. If the stock values dive, they're out money. The people who escape any sort of negative consequence are the ones who cause it, the CEOs and Board of Directors, the Old Boy's Club. They see none of the fallout, in fact they often times use government to break contracts such as pensions so that they (the CEO's and pals) can get millions and millions of dollars as they drive a company into the ground. While there certinaly is argument for something similar to corporate personhood in so much as to make contracts easier and legal; the degree to which we have taken it is harmful. It's nothing more than a shield for the aristocrats and government buddies to hide behind to escape repercussions from their actions. In the end, if they break something real good, we'll even use government to take all our money and give it to them. And the SCOTUS recently got this completely ass backwards when they gave more personhood to coporations than they give to individuals.

    Corporate personhood as we know it now must go.
    You know the time is right to take control, we gotta take offense against the status quo

    Quote Originally Posted by A. de Tocqueville
    "I should have loved freedom, I believe, at all times, but in the time in which we live I am ready to worship it."

  10. #90
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    Re: Corporate Personhood

    Corporate personhood? What the hell is that.....................

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