A legal scholar and nationalist Andrew Fraser tried to answer this problem in his book The WASP Question by suggesting returning the corporation back to the legal status of “body politic” instead of as “instrument of capital accumulation” with limited liability. And that, in a body with thousands of shareholder, there should be a “senate” of super-shareholders who will assume liability in exchange for greater control of a corporation to ensure its profitability or civil purpose is carried out, taking power back from the experts.
James Lindsay had a great episode on New Discourses where he discussed the fragility of the Schwabian Stakeholder Capitalist model, I think things will eventually play out in our favour.
The system seems excessively centralizing, it's a house of cards.
A legal scholar and nationalist Andrew Fraser tried to answer this problem in his book The WASP Question by suggesting returning the corporation back to the legal status of “body politic” instead of as “instrument of capital accumulation” with limited liability. And that, in a body with thousands of shareholder, there should be a “senate” of super-shareholders who will assume liability in exchange for greater control of a corporation to ensure its profitability or civil purpose is carried out, taking power back from the experts.
James Lindsay had a great episode on New Discourses where he discussed the fragility of the Schwabian Stakeholder Capitalist model, I think things will eventually play out in our favour.
The system seems excessively centralizing, it's a house of cards.
I don't know what that word means but abso fucking lutely