An example of the repellent nature of limited liability companies [artificial beings] mining humanity for value

August 2, 2016 § Leave a comment

Nowhere in this is mentioned the likely Chinese government role which, I would guess, and its a guess, was to protect workers. The attitude here is how to gouge as much value from workers while returning as little back to them for their work. All the while limited liability companies receive and enormous subsidy in “limits to the liability” of the owners. This subsidy is never ever ever mentioned. The corporate structure [which relieves owners of personal responsibility/liability past their initial investment but doesn’t prevent enormous gains of value with the value coming from workers, not the investment] allows these monsters to predate on humanity while not actually “producing” anything.

http://www.chinalawblog.com/2016/08/uber-couldnt-make-it-alone-in-china-why-do-you-think-you-can.html

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You are currently reading An example of the repellent nature of limited liability companies [artificial beings] mining humanity for value at Wednesday in the Age of Reason-Munchausen (1988).

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