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Time To End The Shutdown?
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<blockquote data-quote="zubenelgenubi" data-source="post: 4524714" data-attributes="member: 63706"><p>I don't consider corporations to be people, so, no. In general, the people who form corporations would be capitalists. But you can have corporations established for charitable purposes, which I don't think would meet the criteria for being capitalistic. </p><p></p><p>Our economy is capitalistic, and I had to think about this for a while, but I can't really think of economic structures that aren't capitalistic to some extent, based on the definition I gave. I guess the real differences between economic structures is how free the market place is.</p><p></p><p>I have issues with corporate structure/culture. I feel that the laws surrounding the creation of corporations remove too much liability from the individual. In some ways that's good because it allows people to be more willing to take the risks necessary to accomplish the amazing things that we can accomplish. On the other hand, it's bad because it incentivizes taking bad risks, which end up costing everyone. But, maybe that's the price we pay, and we have to take the good with the bad. Hmmmm... I'm gonna have to think about this some more.</p><p></p><p>I guess the problem is the people who are ultimately responsible for decision making get a disproportionate benefit from corporate structure, while being shielded from the consequences when they fail, while everyone else suffers.</p></blockquote><p></p>
[QUOTE="zubenelgenubi, post: 4524714, member: 63706"] I don't consider corporations to be people, so, no. In general, the people who form corporations would be capitalists. But you can have corporations established for charitable purposes, which I don't think would meet the criteria for being capitalistic. Our economy is capitalistic, and I had to think about this for a while, but I can't really think of economic structures that aren't capitalistic to some extent, based on the definition I gave. I guess the real differences between economic structures is how free the market place is. I have issues with corporate structure/culture. I feel that the laws surrounding the creation of corporations remove too much liability from the individual. In some ways that's good because it allows people to be more willing to take the risks necessary to accomplish the amazing things that we can accomplish. On the other hand, it's bad because it incentivizes taking bad risks, which end up costing everyone. But, maybe that's the price we pay, and we have to take the good with the bad. Hmmmm... I'm gonna have to think about this some more. I guess the problem is the people who are ultimately responsible for decision making get a disproportionate benefit from corporate structure, while being shielded from the consequences when they fail, while everyone else suffers. [/QUOTE]
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