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KOL211 | Corporations and the Corporate Form

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Kinsella on Liberty Podcast, Episode 211.

My interview on the Wake Up Call podcast, Episode 44: Corporations and the Corporate Form.

From the shownotes page:

Episode Summary

Stephan Kinsella joins Adam Camac and Daniel Laguros to discuss corporations and the corporate form, common objections, and state interventions in the area.

 

Related Articles
1. In Defense of the Corporation by Stephan Kinsella (October 27, 2005)
2. Corporate Personhood, Limited Liability, and Double Taxation by Stephan Kinsella (October 18, 2011)

Books Mentioned
1. Against Intellectual Property by Stephan Kinsella
2. In Defense of the Corporation by Robert Hessen

Related Interview
1. KOL170: Tom Woods Show: Are Corporations Unlibertarian? (January 24, 2015)

Previous Appearance
24. The Nature of Property and Problems with Intellectual Property Laws with Stephan Kinsella (Wednesday, March 30, 2016)

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{ 2 comments… add one }
  • Tim Steinkamp May 19, 2018, 9:13 pm

    I listened to the presentation and would like to give three remarks. I was a bar owner that started as a sole proprietor and converted to an S Corp. I ended up closing my Corp after being sued for a slow paycheck and the suing firm won but got nothing.

    I believe in corporations for specific large projects like railroads, autos, etc. but like Trusts they can be designed, manipulated and operated in nefarious ways. The everyday sole proprietor should not have to hire an attorney and accountant to constantly evaluate if a different organizational style is best for his situation.

    In Wyoming and I’m sure most other states a corporation does not have to appear in court or even go to jail and be booked until after the trial is done. They can have an attorney do everything whereas a sole proprietor can be locked up, post bail and sit at the defense table in front of the jury. That is complete discrimination to me.

    A human changes with age. A man is not the same at 25 compared to 65, especially if he has a kid. The corporation as you said, never dies and that is an important issue. Instead of a business leader being allowed to talk about the better good he is kicked out and younger men get to gamble with the company assets. At least we all now know that the only purpose of a corporation is to make money for the people involved in the corporation, period.

    Just three points you might consider in your talk.

  • Tim Steinkamp May 19, 2018, 9:15 pm

    I listened to the presentation and would like to give three remarks. I was a bar owner that started as a sole proprietor and converted to an S Corp. I ended up closing my Corp after being sued for a slow paycheck and the suing firm won but got nothing.

    I believe in corporations for specific large projects like railroads, autos, etc. but like Trusts they can be designed, manipulated and operated in nefarious ways. The everyday sole proprietor should not have to hire an attorney and accountant to constantly evaluate if a different organizational style is best for his situation.

    In Wyoming and I’m sure most other states a corporation does not have to appear in court or even go to jail and be booked until after the trial is done. They can have an attorney do everything whereas a sole proprietor can be locked up, post bail and sit at the defense table in front of the jury. That is complete discrimination to me.

    A human changes with age. A man is not the same at 25 compared to 65, especially if he has a kid. The corporation as you said, never dies and that is an important issue. Instead of a business leader being allowed to talk about the better good he is kicked out and younger men get to gamble with the company assets. At least we all now know that the only purpose of a corporation is to make money for the people involved in the corporation, period.

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