Re: Ambrose Bierce on Corporations

[David Farber <dave () farber net>]

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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