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Laelth

(32,017 posts)

33. Back in the day ...

Reply to SheltieLover (Reply #22)

Fri Apr 10, 2020, 09:19 AM

Apr 2020

... when the English common law first ALLOWED corporate entities under Queen Elizabeth I, they were royal charters that the monarch would grant ONLY IF that company or corporation served the public interest. These days it’s merely assumed that making profit, however you can, serves the public interest. It’s not true, of course, but that IS the guiding principle of the law in regards to corporate entities these days.

-Laelth

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Count me skeptical, but Mark Cuban says [View all] HAB911 Apr 2020 OP

I've had this discussion with colleagues. DEbluedude Apr 2020 #1

What he meant to say is that it SHOULD change Solomon Apr 2020 #2

Most corporate bosses and short-sighted a-holes looking no far forward than... brush Apr 2020 #31

That might be his vision mercuryblues Apr 2020 #3

is that based on the 1918 pandemic being followed by, uh, the roaring '20s? unblock Apr 2020 #4

Bullshit. They'll air a bunch of ads about how much they care . . . hatrack Apr 2020 #5

I am getting so sick of those "We're here for you" Boomerproud Apr 2020 #7

If there's one truly nimble American industry left, it's the bullshit industry . . . hatrack Apr 2020 #10

Agreed Windy City Charlie Apr 2020 #11

"Well we're here to take your money" durablend Apr 2020 #36

Basically... ConnorMarc Apr 2020 #21

He's right, but it will only last until companies are under pressure to lower costs again. Renew Deal Apr 2020 #6

LMAOOOOOOOOOOOO WhiskeyGrinder Apr 2020 #8

I share my skepticism- bigly Crabby Appleton Apr 2020 #9

Not until all of those share holders safeinOhio Apr 2020 #12

The law would have to change. Laelth Apr 2020 #13

Dems must get rid of corporate personhood SheltieLover Apr 2020 #14

I would like to see that happen. Laelth Apr 2020 #19

That is repulsive! SheltieLover Apr 2020 #22

Back in the day ... Laelth Apr 2020 #33

That's not true. The board is elected Phoenix61 Apr 2020 #15

Both statements you made in the previous post are true. Laelth Apr 2020 #16

Capitalistic woo...nt Wounded Bear Apr 2020 #17

NPR On Point's podcast had a deeper discussion MissB Apr 2020 #18

Thanks - Delphinus Apr 2020 #34

not a chance in hell. if that were true unemployment wouldn't be exploding right now Takket Apr 2020 #20

I see the opposite happening. Less compassionate capitalism, if that's possible, will be the new TeamPooka Apr 2020 #23

Yeah, right... JCMach1 Apr 2020 #24

There's literally zero chance this happens. HarlanPepper Apr 2020 #25

not as long as republicans still exist Skittles Apr 2020 #26

Action speaks louder than words Tribetime Apr 2020 #27

'Can't be just about shareholders' - or executives with stock options! empedocles Apr 2020 #28

Capitalism never becomes compassionate unless forced. Caliman73 Apr 2020 #29

+1 Laelth Apr 2020 #35

It happened after the plague CanonRay Apr 2020 #30

What a crock! Baked Potato Apr 2020 #32