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Re: Ambrose Bierce on Corporations
From: David Farber <dave () farber net>
Date: Wed, 25 Mar 2009 05:59:41 -0400



Begin forwarded message:

From: "Jim O'Donnell" <eugippius () gmail com>
Date: March 24, 2009 8:27:41 AM EDT
To: dave () farber net
Cc: ip <ip () v2 listbox com>
Subject: Re: [IP] Re: Ambrose Bierce on Corporations

Of course, if you didn't have corporations, then people who wanted to
create large-scale research and teaching organizations would have to
agree to back any financial losses those institutions faced with their
personal resources.  And a fellow who invented a new energy-efficient
engine would be personally liable for the lawsuits of the big
corporations trying to stifle his little startup.  The ingenuity might
be a little more functional than Mr. Bierce wanted to say.

Jim O'Donnell

From: Paul Saffo <paul () saffo com>
Date: March 22, 2009 3:13:27 PM EDT
To: dave () farber net
Subject: Ambrose Bierce on Corporations

From the Devil's Dictionary:

CORPORATION, n.  An ingenious device for obtaining individual profit
without individual responsibility.

(or, as Pogo reminded us long ago, "We have met the enemy and he is
us..."

-p







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