Tag Archives: big corporate

Limited liability as a socialist phenomenon

Although limited liability is at the heart of capitalism, it is a socialist phenomenon.  And, ironically, this socialist mechanism is at the root of many of the ills of capitalism.  So weirdly, the socialists only have themselves to blame for … Continue reading

Share
Posted in Environment, society, politics and economics, Scepticism and denial | Tagged , , , , , | Leave a comment