Saying corporations are evil is kind of like saying knives are evil. Corporations are tools and like any other tool can be used for better or for ill and that will mainly be determined by the incentives governments give them. Pfizer and Moderna were given indemnity for their modRNA therapies and allowed to make the fraudulent claim that they prevent COVID19 disease on the package insert. This is Pharma fraud that the government enabled and took away the average person's ability to fight back by not only granting them indemnity but also coercing citizens to take their products and censoring anyone pointing out flaws in their products. Pfizer should have been judicially dissolved and their executives thrown in prison for the amount of fraud they committed before COVID. Big Pharma price gouges Americans on their medicines because the government enables by allowing evergreening that delays generic competition and banning cheaper imports. Just like natural people corporations will abuse whatever advantages government gives them.
RE: Corporations Are Evil
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Corporations Are Evil
I can sorta agree, but the way a corporation works, the way it was first set up, it can only be evil, or at best, neutral.
It is not a tool that can be used for good.
I am unsure how we could make them good. The limited liability and non-corporealness means that you can never hold the corporation liable.
And since they are designed to externalize costs, you cannot compete with them once they exist. You are either as evil as your competitors, or you cease to exist.
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I am unsure how we could make them good. The limited liability and non-corporealness means that you can never hold the corporation liable.
Bring back the corporate death penalty and actually enforce it. Have a three strikes law for corporate crime; after three criminal cases the corporation gets dissolved, all of the assets are seized and the executives are thrown in prison. Other foreseeable improvements: give corporate charters an expiration date. After a quarter century they need to file a new charter if they want to continue business with the add legal privileges. This will bring more scrutiny to the entire process. Don't give them indemnity for any of their products especially when they make fraudulent claims about them. Don't give them eminent domain power; overturn Kelo v City of New London. Abolish evergreening; let patents expire when they do without secondary application bullshit. Patents shouldn't last more than a decade much less multiple decades as they do now.
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