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[–] acWeynotAn4 ago  (edited ago)

The existence of the "corporation" status was created to give protections to businesses from harming common people.

As a matter of fact the "corporate" status was created to stop imprisoning people for well meant but failed business endeavors. Because, you see, it is a game. If you want to win as an investor, be prepared to lose as an investor. You can't have all benefits without risks.

EPA

As in Environmental Protection Agency?

Do you know how polluted the environment was at the end of 20th century?

people who own and run a business are PERSONALLY liable for what that business does

They are if what they do is a criminal act.

You sound like a fucking retard, I am sorry, but that is a fact.

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[–] murraryrothbard ago 

Yeah because without the EPA how would we ever have cleaned things up? Give me a fucking break. You have a very selective idea of what is criminal. If my company pollutes a stream or river that runs onto your land that is a criminal act and I should be held liable. Death from a thousand needle pricks, everyone who has had property damage can sue. If you know this is what will happen to you, that you'll loose car/house/bank accounts you will be damn careful you don't pollute. If you know it's just your business that will suffer you can always get another job and take all your assets and move. Being personally liable for what we do is something most of us live with every day...but I guess that is "retarded" to you.