"Corporations selling your ass down the road for a dollar"

At 13:56 -0400 2/10/98, Michael Sims wrote:
Yep, I'll probably write about this. There are three, maybe four, other Net-related hearings today, which I won't be able to go to, unfortunately.
I'm sure Michael was upset and not typing clearly. He knows as well as anyone that libertarians are not pro-business; they're pro-individual rights. Libertarians spend quite a bit of time complaining about the Republican habit of funding corporate subsidies. The pursuit of profit in the free market is not to be discouraged -- without it, we wouldn't have the Internet we have today. Rather, we should be suspicious of the intersection between the government and the market in Congress and in federal agencies. I've written elsewhere about the dangers of industry sellouts on civil liberties -- sellouts and compromises which are of course opposed by libertarians. The libertarian Cato Institute opposes the McCain bill at issue in this hearing. -Declan

At 07:10 AM 2/12/98 -0400, Michael Sims wrote:
Except, of course, that *businesses* count as individuals in a libertarian world.
No, its that the owner of a business doesn't lose his rights by virtue of running a business. Yes, the corporation, that creation wholly of
government, becomes a sort of super-individual - and of course all individuals are equal, but some are just a bit more equal.
No, the people running any size corp. have the same rights as everyone else, to non-interference, etc.
Actually, libs have nothing for or against corps. ---only govt interfering with them. I'm not sure where you got your ideas about liberty, or what anti-corporate libs you hang out with, but your model of libertarianism is off. If the natural (efficient) size of a company is big, so be it. As long as you don't defraud or use force, you have the right to grow unimpeded by govt to any size that the market selects. No interference, no subsidies, same thing. ------------------------------------------------------------ David Honig Orbit Technology honig@otc.net Intaanetto Jigyoubu Lewinsky for President '2012

At 07:10 AM 2/12/98 -0400, Michael Sims wrote:
Except that one does not need government to form a limited liability entity. It was never necessary. These days in particular with secret voting protocols and anonymous communications, it would be trivial to have a limited liability entity whose owners had no personal liability for organizational debts because they are unknown and unknowable. Yet they can control the entity without losing their anonymity. This was always possible. Now it is easy. In French corporations were originally called (pardon my spelling) "société anonime". Certainly as a cypherpunk, you believe in anonymous organizations.
When I see a libertarian calling for an elimination of all forms of corporations
Certainly anarcho libertarians have always opposed government "incorporation" since they opposed government.
What about Trusts, Companies of Adventurers, lots of other things...
One can't impose responsibility on all. Thus, I may be too poor to pay if you sue me. So don't deal with me. If you don't want to deal with an anonymous business entity, don't. DCF

At 07:10 AM 2/12/98 -0400, Michael Sims wrote:
I've been saying that for a long time. I'm not 100% certain I wish to eliminate entirely the corporation, but the idea of an 'artificial person' as an entity to take the blame for crimes committed by real people is highly dubious to me. If Monty Burns says, "Let's dump the toxic waste in the school ground, who cares if some kids die!", then it should be he who faces criminal charges -- not his corporation which gets fined. A corporation, like any collective entity, is at best a convenience -- a way to deal with large numbers of individuals by providing a central identifying tag. This way, "Motorola Chips" can sell to "Apple Computer", and the deal remains valid even if the chip-seller at Motorola and the chip-buyer at Apple quit their jobs, because the contract was not between those two individuals, but between the companies they represented. But just as there is in truth no 'society', no 'race', no 'people', there is also, in truth, no corporation -- it must all come down to individual acts and individual responsibilities.
Not with the power of government behind them. That's like saying there's nothing wrong with Joe's Deli asking Vinnie The Torch to pay a little 'visit' to Max's Deli across the street. You eliminate/marginalize competition by convincing consumers to purchase your products over theirs. Not by having the government regulate them out of business. What you're looking at is corporate socialism -- the current perversion of the 'free market' that America is living under.
participants (4)
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David Honig
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Declan McCullagh
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Duncan Frissell
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Lizard