Re: Free-Market Economics

Eric Watt Forste (
Sat, 12 Jul 1997 14:13:51 -0700

Ken Lanterman writes:
> A true anarcho-libertarian society wouldn't have corporations,
> since they are products of the state, chartered and protected
> by them.

Hmm... limited-liability issues to one side (I don't know about you,
but it's easy for me to imagine corporations being replaced by unlimited
liability general partnerships like Lloyd's), where do you draw the
line between sewing circles and go clubs, on the one hand, and
corporations on the other?

It seems to me that a corporation is just a contractual agreement by
which a group of shareholders can own property jointly and make joint
contracts with other people. Is it joint ownership of property or
joint contracting that you disapprove of? If not that, then what?

Eric Watt Forste ++ ++ expectation foils perception -pcd