Kansas Ends Bad Economic News by Not Reporting It

[Revoltingest]

I like this post. But you left small business of the list. They are also untrustworthy, just less capable of causing the end of civilization.

As a representative of small business (really small), I
believe that including me covered that demographic.

I can prove that I'm trustworthy though.
Send me $100,000, & I guarantee that
I'll return it to you.

 

[lewisnotmiller]

My experience dealing with small business is a LOT more positive than gigantic corporate bureaucracies.

Awww...as a former small business owner, I'm a little disappointed my brethren couldn't man up and act like unfeeling fascists..

 

[Revoltingest]

My experience dealing with small business is a LOT more positive than gigantic corporate bureaucracies.

I prefer small business too.
But some gigantic ones really step up & make me like them.....
etrailer, Amazon, Zoro

And some annoy me....
ebay, GE

 

[buddhist]

I like this post. But you left small business of the list. They are also untrustworthy, just less capable of causing the end of civilization.

All businesses/corporations - small or large, are untrustworthy and cause the decay of civilization.

 

[sun rise]

All businesses/corporations - small or large, are untrustworthy and cause the decay of civilization.

Maybe I should tell my massage therapist who runs that business that she's untrustworthy and causing the decay of civilization. Or perhaps my dentist who employs a few people in his practice?

 

[buddhist]

Maybe I should tell my massage therapist who runs that business that she's untrustworthy and causing the decay of civilization. Or perhaps my dentist who employs a few people in his practice?

I'd have no problems if they were operating as sole proprietors, but I'm guessing they incorporated? If the latter is true, then my answer to your question is "Yes", on both counts.

 

[lewisnotmiller]

All businesses/corporations - small or large, are untrustworthy and cause the decay of civilization.

I generally find 'all' statements about people to be over-generalizations at best.

 

[Revoltingest]

All businesses/corporations - small or large, are untrustworthy and cause the decay of civilization.

Civilizations seem prone to decay even when there are no corporations or businesses.
But I prefer that my decay include business.

 

[buddhist]

I generally find 'all' statements about people to be over-generalizations at best.

IMO not in this particular case. Haven't you ever asked yourself, why people incorporate, instead of forming sole proprietorships?

 

[buddhist]

Civilizations seem prone to decay even when there are no corporations or businesses.
But I prefer that my decay include business.

I'm OK with sole-proprietor businesses.

 

[Revoltingest]

I'm OK with sole-proprietor businesses.

Aye, it's the most fun form of decay!

 

[lewisnotmiller]

IMO not in this particular case. Haven't you ever asked yourself, why people incorporate, instead of forming sole proprietorships?

Sure. I was a small business owner.
So...wait...you think generalizations are generally overstated, APART from in this case????

 

[Revoltingest]

IMO not in this particular case. Haven't you ever asked yourself, why people incorporate, instead of forming sole proprietorships?

There are good reasons....
- Better tax treatment in some business scenarios, eg, capital retention
- Insulation from legal liabilities, allowing investors to finance riskier ventures.
- Public funding
- More likely to survive exit of the prime mover

 

[buddhist]

Sure. I was a small business owner.
So...wait...you think generalizations are generally overstated, APART from in this case????

Yes, this case is quite specific.

 

[buddhist]

There are good reasons....
- Better tax treatment in some business scenarios, eg, capital retention
- Insulation from legal liabilities, allowing investors to finance riskier ventures.
- Public funding
- More likely to survive exit of the prime mover

Do you see any negatives in all of the above?

 

[Revoltingest]

Do you see any negatives in all of the above?

All have possible negative & positive outcomes.
But they're still good reasons to form corporations.

 

[buddhist]

All have possible negative & positive outcomes.
But they're still good reasons to form corporations.

People form corporations because they're afraid of directly reaping the consequences if they do something wrong (aka "insulation from liabilities"), and they get advantages over other people (aka "better tax treatment"). Both are inherently destructive to society.

People need to reap the consequences of their actions, and to not have advantages over others.

 

[Acim]

I can prove that I'm trustworthy though.
Send me $100,000, & I guarantee that
I'll return it to you.

Check is in the mail!

Actually, if you can just send $100K to me today, then when you get mine, we'll be even. Thanks!

 

[Revoltingest]

People form corporations because they're afraid of directly reaping the consequences if they do something wrong (aka "insulation from liabilities"), and they get advantages over other people (aka "better tax treatment"). Both are inherently destructive to society.

People need to reap the consequences of their actions, and to not have advantages over others.

They don't always get better tax treatment.
Often, this different treatment is to encourage reinvestment of profits.
Avoiding liability can be done for ill, but it can also serve good.
Corporations can be sanctioned for wrongful behavior without
making every stockholder liable for things beyond their control.

You say these are destructive things, but I find they make sense for
an economy. Where do you see a better system without corporations?

 

[Revoltingest]

Check is in the mail!

Actually, if you can just send $100K to me today, then when you get mine, we'll be even. Thanks!

I am trustworthy, but your are not.
(Shifty eyes.)