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Comment Re: Yes (Score 1) 196

Honestly, the employers were the first to start racing for the bottom there. For years they have relied on employees having an outdated sense of loyalty to the company that hasn't reciprocated in decades.

Much of the criticism of GenZ in the workplace is really just them giving to the employer what the employer offers them. Perhaps it's time for government to re-take its essential role in leveling the playing field so new players can enter the market and push the dinosaurs into their richly deserved tar pits.

Comment Re: Yes (Score 1) 196

Id doesn't NECESSARILY debase the social fabric. But if it does things like buying crooked inspectors to overlook sub-standard materials, buying off a zoning board to basically take over a residential area (*cough* datacenters *cough*), pays sub-standard wages under the table to people who 'need' to keep a low profile, and then when something goes wrong, scampers off leaving an impoverished shell behind to go bankrupt so the public has to pay for the clean-up, yes it debases the social fabric.

Comment Re:Yes (Score 1) 196

By separating the decision making from the execution, the corporation is the perfect psychopath. The structure not only allows all parties to rationalize their own guilt away, it also protects those who make unconscionable decisions from the legal consequences of their actions. That combination can only ever produce a monster. The LAST thing we need running them is someone educated to break the rules (law) when 'necessary'.

Even from the very beginnings of Capitalism, Smith admonished that corporate charters must be handed out exceedingly sparingly and they must be held strictly to their charters. Also note that all corporate charters are in legal theory supposed to be for the public good. Not just as a nice idea but as one of the mandates. A company acting against the public interest is supposed to be dissolved for violating it's charter. Clearly we have failed in that. Let's not double down on the failure by educating people in the image of the incorporated monster and putting them in charge.

There may be some use to something like the LLC, but there seems to be little economic use for corporate personhood. The only public value of a corporation (if/when it has any) is economic.

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