this post was submitted on 19 May 2024
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[–] KombatWombat@lemmy.world 3 points 5 months ago (2 children)

Corporate personhood is mostly for convenience. Otherwise a company would need an individual to buy and sell corporate property, and they would have to rearrange stuff like that whenever that person dies, retires, or does something else that restricts property use. And it means an individual wouldn't be able to be a tyrant for everyone else working at the company just because everything is in their name.

Importantly, it makes it much easier for customers to sue, since they only need to show the company wronged them in some way rather than an individual being personally responsible. Usually they would have no way of knowing who makes which decisions and has which responsibilities, and by suing the company as a whole. they don't have to. The same applies for governments, police departments, school boards, etc.

[–] AngryCommieKender@lemmy.world 1 points 5 months ago

Then why does Delaware keep giving them the right to vote?

[–] Excrubulent@slrpnk.net 1 points 5 months ago (1 children)

If it's just for convenience then why were they given the right to speech which also happens to be a right to financial participation in the electoral process? You don't need those things to run a business, but you absolutely can use them to accelerate the corruption of society.

[–] KombatWombat@lemmy.world 1 points 5 months ago (1 children)

For free speech, that would be similar. A company can have a social media account or make broadcasts or advertisements, and having to have an individual as a proxy would just be cumbersome. And yes, that includes things like lobbying. Otherwise, you could have a company pay for private individuals for the service of lobbying on their behalf and essentially have no cap or regulation. Formalizing what they are allowed to do also allows you to go after them for things they aren't, again without needing to prove individual culpability. And if we decide they have too much influence in politics, it gives us a lever to pull to reign them in.

[–] Excrubulent@slrpnk.net 1 points 5 months ago* (last edited 5 months ago)

Otherwise, you could have a company pay for private individuals for the service of lobbying on their behalf and essentially have no cap or regulation.

Or how about this: lobbying should be tightly regulated so that nobody has the amount of influence that corporations currently have.

And if we decide they have too much influence in politics, it gives us a lever to pull to reign them in.

That is never going to happen, because they have too much influence in politics.