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Economy

Warpy

(111,261 posts)

15. I can't think of any corporation that has had its charter revoked by the state

Reply to Xipe Totec (Reply #11)

Wed Sep 16, 2020, 10:30 PM

Sep 2020

no matter how predatory that corporation's business practices have been

Case in point: the "non profit" NRA has been caught laundering Russian mob money into GOP campaign contributions. While there is some lawsuit action going on in NY, where it was chartered, I haven't heard a peep about revoking its charter.

If corporations are legal persons, they need to be subject to the death penalty since there is no ass to kick or to jail.

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Highlight:

The 'free market' manifesto that broke America and led to Trumpism [View all] Warpy Sep 2020 OP

K&R for visibility. nt tblue37 Sep 2020 #1

Trump is a christofascist, corporate greed predates Friedman's essay. Thomas Hurt Sep 2020 #2

A corollary to this is detailed in Nancy McLean's book, "Democracy in Chains." alwaysinasnit Sep 2020 #3

K&R Share the hell out of this. IADEMO2004 Sep 2020 #4

Uncle Milty was like the 2naSalit Sep 2020 #5

In 1980 I was thinking about gong back to school and getting an MBA kimbutgar Sep 2020 #6

I always thought Friedman won that Nobel for the density of his prose Warpy Sep 2020 #7

Friedman, may have overlooked physics and more StClone Sep 2020 #8

Excellent post and thank you for it. yonder Sep 2020 #9

Kick lunasun Sep 2020 #10

One thing that's often overlooked, is that corporations have to be incorporated Xipe Totec Sep 2020 #11

I can't think of any corporation that has had its charter revoked by the state Warpy Sep 2020 #15

Friedman economics are utter BS. Lonestarblue Sep 2020 #12

Milton Friedman Was A Paid Shill DAngelo136 Sep 2020 #13

Its good to see others recognize what a PIG Friedman was... doctorzuma Sep 2020 #14

I hate capitalism I_UndergroundPanther Sep 2020 #16

Capitalism can be a good servant but it's a rotten master. Warpy Sep 2020 #17