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- From: tmhoff@oogoody.Corp.Sun.COM (Todd Hoff)
- Newsgroups: sci.econ
- Subject: Re: Corporations (was Re: Libertarians liv
- Message-ID: <l956dbINN214@jethro.Corp.Sun.COM>
- Date: 19 Aug 92 18:57:47 GMT
- References: <183122@pyramid.pyramid.com>
- Reply-To: tmhoff@oogoody.Corp.Sun.COM
- Organization: Sun Microsystems, Inc.
- Lines: 15
- NNTP-Posting-Host: oogoody.corp.sun.com
-
- >
- > But, the easiest way to imagine the consequences of incorporation is
- > to create a thought-experiment where it doesn't exist. Let the model
- > come to steady state. What do you think you'd find?
- >
-
- Nothing. In an interactive dynamical system a steady state does not exist.
- The system moves from one metastable state to the next.
-
- In general I think libertarians who support corporations are trying play both sides
- of the freedom from coercion idea. Corporations are not people, they cannot have
- rights unless the state uses force to create these rights out of thin air.
- You can argue corporations are good from a business standpoint, but
- corporations certainly are not derived from first principles.
-
-