corporations
Latest comic on the looting of Red Lobster by private equity
#economy #business #corporations #PrivateEquity #RedLobster #cartoon #comic
People don't understand what corporations are
A corp is a legal contract They are entirely creations of govt. Corps exist for the good of the public. WHY ELSE would a democracy allow them?
Corps are not sentient entities. They do not "do" anything. Executives do.
Shareholders do not "own" a corp, they have a claim on its assets in a bankruptcy. (Often after lenders.)
You can't punish a corp. A fine only takes shareholder money. PUNISH EXECUTIVES for corp harms!