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I think its not disputed that almost everyone here believes in unanimous consent rather than majority rule, at least with regard to "public" institutions. So how can this logic be applied to corporations, where many decisions are made by (super)majority vote? As a shareholder, is it fair that...
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By 'golden parachutes' I mean the fact that some CEO's get huge compensation packages even if they run a company into the ground. Stefan Molyneux has a video where he argues that golden parachutes are due to the introduction of income taxes on pay over $1 million, the requirement of CEO compensation...
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I was having a discussion with a liberal friend of mine the other day, and I was speaking about the efficiencies of the free market versus the state. I interchangeably used the terms companies, businesses and corporations. He felt that corporations were often very inefficient. But, he made it clear that...
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In reality, there are many different things that determine the size of a firm, but it ultimately comes down to what size is optimum for profitability. If the individual or group of individuals running a firm believe that they will increase their profits by expanding the size of their business, then they...
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1) I don't care to share an opinion on IP. 2) I enjoyed looking through all the responses to this as I have been thinking about it myself. First, limited liability, which is at the heart of the corporate structure, is an indirect subsidy in that it subsidizes risk. Thus by having this, our current...
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Is stock ownership (i.e., equity shares) compatible with free market libertarianism? For background, see " Entrepreneurs, the Firm, and the Knowledge Problem ". I'm working on some broader ideas of organization, economy, etc., and I'm interested in arguments in support of, and objecting...
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I was having an arguement with this person saying that people have a misconception about inflation because they think that inflation will rob him of his purchasing power of his hard earned money. So that when the prices rises, your dollar will buy fewer goods so it might seem that it lowers living standards...
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Since the only stocks that are traded on the stock market are those of corporations and under anarcho-capitalism a corporation would not exist how would a stock market work under those circumstances? Would there or could there even be a stock market?