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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: KLP who wrote (91268)	4/8/2003 5:08:25 PM
From: Sun Tzu	Respond to of 281500

My personal view on corporate policy is twofold. Firstly, I am against the use of taxation as means of directing economic activity. Anyone who thinks this is a socialist agenda should think again. I am preaching a pure capitalism in this regard. My second view on corporations is to stop treating them as people. Far from wanting to ban them, I don't think we should even tax them. In return to not taxing them, they give up pretending to be people and get to be recognized as a bunch of by-laws that they are. In other words, they do not get to influence the political or judicial process. When I sue the company, the CEO will not get to use shareholders' money to pay for his mistakes. I think neither of these are anti-capitalistic or can be qualified as suggesting that corporations should disappear. Sun Tzu