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Reply #131: You're missing the point. [View All]

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Aleric Donating Member (278 posts) Send PM | Profile | Ignore Thu Nov-17-11 12:57 PM
Response to Reply #109
131. You're missing the point.
What makes a corporation different from a person (or people) is the "corporate liability shield". With that shield, people can take actions as their corporations and not be held liable for their actions.

A sole proprietorship is not a corporation. The owner is personally liable for any and all actions taken by that company. All assets are owned by the human behind it. The human is liable for all debts and criminal actions.
A partnership is not a corporation. All partners share liability for actions of the company. They share in ownership of assets and liability for debts.

A corporation or Limited Liability Corporation on the other hand, shields the owner from liability. The company, not the person owns the assets. If the company goes bankrupt, the owner is shielded from those debts. He only loses his actual investment. If the company engages in criminal activity, the owner can be shielded from that, too. This is why companies like Enron and Fox get away with what they get away with.

A Union IS a corporation, albeit a non-profit corporation. (Perhaps a cooperative corporation). As such, it should not have more rights than the people who make it up. If a single person is allowed to donate $2200, then 100 people, together, should not be allowed to spend more than $2200x100 = $220,000. And all that money should be recorded. Humans should be able to shield massive donations behind a chain of corporate facades as they do now.

So, yes, undoing corporate personhood is still a good thing.
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