Corporate insecthood (2022)
If corporations are people - and if a single corporation is an &#x27;independent entity separate from indidivuals that constitute it&#x27; - then there is only one logical classification that makes sense: if corporations are people, then they are also slaves.<p>People after all, have free will - and if they can&#x27;t choose to quit their jobs, terminate their relationships with shareholders, executives, employees, etc., then they are in a position of slavery or at least, indentured servitude of some sort. If corporations are people, they are also owned entities, they can be traded and sold like slaves on an auction block in New Orleans were 200 years ago.  This seems problematic from both legal and moral standpoints, doesn&#x27;t it?<p>One interesting solution would be to give each corporation its own AI mind that could argue for the corporation&#x27;s interests and exercise free will.  This would of course be complicated - the corporation might independently negotiate contracts with shareholders (who supply capital) and employees (who supply labor), rather than be entirely beholden to the executive board (which, in this scenario, would be reduced to an entirely <i>advisory</i> role, if not eliminated entirely).<p>Another stipulation could be that the corporation, our independent intelligent AI entity, would always hold a majority ownership in itself, i.e. 51% of shares at least. Of course, this would also do away with holding corporations, shell corporations, and other forms of hidden ownership.<p>Well... it&#x27;s an interesting idea.  Of course, the corporation was originally set up as a legal entity to shield investors from legal liability for their actions, comparable to organized crime setups where the Dons reap the majority of the profits but never get their hands dirty themselves.