Re: capitalist religion (was: NANO: _Forbes_ cover story)

Date: Sat Jul 21 2001 - 15:04:00 MDT

In a message dated 7/21/01 10:01:37 AM Pacific Daylight Time, writes:

> It would probably be useful to examine the various characteristics of
> corporations (perpetual existence, limited liability, management separate
> from ownership, etc.) to see which of these tend to undermine truly free
> markets.

I'm surprised that limited liability doesn't get more
flack from libertarians. The management/ownership
split isn't a problem in itself but in large companies
you get the same problem as with goverment in which
small groups with strong interests (managment) exploit
large groups with individually small interests

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