Hacker News new | past | comments | ask | show | jobs | submit login

In turn, I think that the reason that we have to make tons of laws is that we have setup a society where corporations answer only to their shareholders. If corps are expected to do anything to make money as long as it isn't technically illegal, then it follows that we would be forced to make more and more laws to constrain them.



Don't corporations also answer to employees? Employees will quit if they're dissatisfied enough, or just never apply in the first place.

Don't corporations also answer to customers? Customers will stop buying from a corporation if prices are too high or service is too poor.

The people who really need protection are the third parties who can get stuck with externalities from activities they had nothing to do with.




Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: