Limited liability is an extension of the function of insurer of last resort to investments, so that individuals can take risks limited to the invested capital unless they engage in fraud. The problem with corporations is that the state has usurped our ability to sue them for impositions of costs on the various commons. This is a simple fix to rule of law.
Theme: Institution
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Limited Liability Is Fine. It”s Loss of Standing in The Commons that Is the Problem
Limited liability is an extension of the function of insurer of last resort to investments, so that individuals can take risks limited to the invested capital unless they engage in fraud. The problem with corporations is that the state has usurped our ability to sue them for impositions of costs on the various commons. This is a simple fix to rule of law.
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Switzerland = Templars
—“Friendly reminder that the Swiss Confederacy was founded on August 1st 1291, just two months after the fall of the last Templar stronghold of Acres in the last crusade in the Holy Land… Coincidence? I think not.”—Alexander Nikolaos Arvanitis
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Switzerland = Templars
—“Friendly reminder that the Swiss Confederacy was founded on August 1st 1291, just two months after the fall of the last Templar stronghold of Acres in the last crusade in the Holy Land… Coincidence? I think not.”—Alexander Nikolaos Arvanitis
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Everything which makes man not-animal (language, society, institutions.etc) are
—Everything which makes man not-animal (language, society, institutions.etc) are proxies for violence. Once this pill had been swallowed, a whole universe of concepts fall into place and a few critical lies are seen as obviously false.”— Bill Joslin
(elegant)
Source date (UTC): 2018-06-17 14:32:00 UTC
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“Some of the most obvious ways to ensure opacity of competition rules are religi
—“Some of the most obvious ways to ensure opacity of competition rules are religion, moral, Keynesianism, and legal monopolies. (Production of public goods, a very obnoxious way of slavery for costumers aka people)”—José Francisco Mayora
Source date (UTC): 2018-06-17 14:27:03 UTC
Original post: https://twitter.com/i/web/status/1008355347516526592
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“Why cant we all be shareholders? Who are we serving?”— Tom James Bingo. Consi
—“Why cant we all be shareholders? Who are we serving?”— Tom James
Bingo. Consider yourself fully enlightened. There is only us and them until there is US ALONE.
Source date (UTC): 2018-06-16 22:30:12 UTC
Original post: https://twitter.com/i/web/status/1008114545947299840
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LIMITED LIABILITY IS FINE. IT”S LOSS OF STANDING IN THE COMMONS THAT IS THE PROB
LIMITED LIABILITY IS FINE. IT”S LOSS OF STANDING IN THE COMMONS THAT IS THE PROBLEM
Limited liability is an extension of the function of insurer of last resort to investments, so that individuals can take risks limited to the invested capital unless they engage in fraud. The problem with corporations is that the state has usurped our ability to sue them for impositions of costs on the various commons. This is a simple fix to rule of law.
Source date (UTC): 2018-06-16 18:27:00 UTC
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THE MARKET IS A CONSEQUENCE OF SOVEREIGNTY, RECIPROCITY, TRUTH, DUTY, AND THE IN
THE MARKET IS A CONSEQUENCE OF SOVEREIGNTY, RECIPROCITY, TRUTH, DUTY, AND THE INDEPENDENT JUDICIARY COMMON OF THE COMMON (Tort) LAW.
We create a market by creating sovereignty. we expand the market by incremental suppression of impositions of costs upon the investments made by others. We create private, corporate, and common assets. And we suppress impositions against them. The central problem of sovereignty is reduction of the lower classes that cannot survive in the CURRENT market order. In other words, we must genetically improve our distributions as we improve our productivity.
Source date (UTC): 2018-06-16 18:26:00 UTC
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An Alternative Economic Order …
Athens (and Rome for that matter) was policed by young aristocratic males as part of their duty of service. Aristocrats had to rotate offices. Nobility performed ceremonies. Men earned the franchise (right to own land) through military service. Men who owned land were required to provide military service. When I was in Ukraine, during the revolution, groups of 100 young men would form a line and travel the streets. I never felt safer in my life unless I was hunting with other men with rifles. While the de-facto need for military service (preservation of the commons) requires a broader (or at least different) range of skills, the construction of infrastructure (engineers), and the increase in beauty (aesthetics, decoration, maintenance) is just as necessary a function for a polity. There is no reason we cannot shift from all this rent seeking, to employment of men in the service of the commons in exchange for the franchise. We would produce more socialized, stronger, healthier boys and men. Since the primary desire of the aristocracy from the rest is to behave in construction, preservation, and improvement of the commons – including their behavior, there is no reason why we cannot implement shareholder returns to citizens the same way we do so to common shareholders in corporations. This would radically restructure compensation since if we did so, people could just about survive on those dividends, and then work wages could free-float, and be used for entertainment not survival. As such the construction of commons can be produced at far lower costs – rivaling the rest of the world’s infrastructure costs – by the virtue of shifting the compensation methods from high rent to no rent.