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Corporations often suck. But this is largely due to the incentives of having to buy off the leach class to avoid being legislated out of business. Since man is a evil greedy race we will always have bad companies but in a rigged system they are worse.
I'm with ya. Freedom means you have markets, companies, and financial systems. It's dumb to think they will stay the same in a post bitcoin world but also dumb to not see the value.
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Exactly! I was reading Saifs book and what keeps America from being full blown communist is the stock market and the deep capital markets.
The price signals and weak enforcement has turned markets into a casino. The fact ford is still in business with its debt load is ridiculous. So many other zombie companies that get the nod to access public markets is also a major problem.
This is why I push back against hard core maxis like Darthcoin. His hate for companies is misplaced!
Plus people have no idea the incredible risk these companies take and how they are constantly getting sued.