It's something that I often mention, one of the reasons why all of these organizations can go so big is that they have the protection of the government.
If you or I killed someone by negligently making a mistake, we could be held personally responsible. Spend $900 on incorporation and suddenly you can negligently poison people all day and unless they can pierce the corporate veil the only thing they can take from you is the corporation at worst.
Eventually, without the protections of government capitalist enterprises become far too large to not collapse under their own weight. It's that protection that is the reason everything can be centralized.
So my extremist idea is to abolish the corporation. If you want to run a business, you better take personal responsibility for whatever happens.
If you or I killed someone by negligently making a mistake, we could be held personally responsible. Spend $900 on incorporation and suddenly you can negligently poison people all day and unless they can pierce the corporate veil the only thing they can take from you is the corporation at worst.
Eventually, without the protections of government capitalist enterprises become far too large to not collapse under their own weight. It's that protection that is the reason everything can be centralized.
So my extremist idea is to abolish the corporation. If you want to run a business, you better take personal responsibility for whatever happens.
One huge counterargument is that it would be successful at doing the thing we'd be aiming for. If you make it so businesses are smaller then you can't get super megacorps completing megaprojects that take billions of dollars to do, since any shareholder in an endeavor may find themselves on the hook for whatever the entire enterprise does.
As a direct result of making enterprises smaller (perhaps even to the extent of just people working together without any sort of organization around them), for example you wouldn't necessarily have giant factories pumping out mass amounts of merchandise because the process of making that factory could have considerably higher risks associated with it, and you might not have giant megamines that take billions of dollars of infrastructure to build.
As a direct result of making enterprises smaller (perhaps even to the extent of just people working together without any sort of organization around them), for example you wouldn't necessarily have giant factories pumping out mass amounts of merchandise because the process of making that factory could have considerably higher risks associated with it, and you might not have giant megamines that take billions of dollars of infrastructure to build.
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