[bill1952]

The legal construct of corporation is to serve the common public interest

LOL! If you really believe what you just wrote, then you are a very uninformed American.

The purpose of every corporation that I ever owned was to generate personal wealth for myself and my family.

And that is the sine quo non of free market capitalism.

[Hendrix]

It amazes me how misinformed and ignorant people are about our free market economy and basic economics. I read some really silly things on this board. It is sad really.

Those are the same people who will read an article like the one by this author and not see that he is clueless and completely wrong about everything he wrote.

[decimon]

A. Pole is correct. That is the history of U.S. corporations and the reason they are chartered by government. What they are in fact is another matter.

[A. Pole]

The purpose of every corporation that I ever owned was to generate personal wealth for myself and my family. And that is the sine quo non of free market capitalism.

Not true. You can have free market capitalism WITHOUT special SHIELDING from PERSONAL responsibility.

This shield is to benefit the society as a whole (for example by encouraging risk taking). It is a PRIVILEGE and not right.