??? i’ve heard stephan molyneux and i believe roderick long say that corporations arent compatible with a free market because they are state granted privileges. can anyone point me any literature that refutes this premise?

Well, it seems to be a semantic issue. What they excactly mean by corporations? How a corporation differ from a big company?

http://www.walterblock.com/wp-content/uploads/publications/block-huebert_defending-corporations-2009.pdf http://blog.mises.org/9084/corporations-and-limited-liability-for-torts/ http://blog.mises.org/4269/in-defense-of-the-corporation/ http://blog.mises.org/9070/left-libertarians-on-corporations-…

I think it’s best to say that corporations would have to be different in a libertarian order, but of course something similar could exist.

There was a speech by Peter Klein at MU2010 called “The Corporation And The Free Market”. If I remember correctly, he explains that corporations and Limited Liability arose from Common Law (although I might be wrong on that, I haven’t listened to the speech since last year): http://mises.org/media/…

The organizational structure is the same as a democratic state. Board of directors = parliament. Shareholders = citizens.

Funny, that’s a really bad analogy that Hessen specifically dislikes. The organizational structure is, in fact, nothing like a democratic state because it has profit/loss and private equity. There is not even a trivial resemblence, because the way actual boards and shareholder voting rights work ha…

I wouldn’t call bondholders “within” a corporation. As far as I know, you can freely trade citizenship.

Corporations as we know it today, would not exist in a free market. The corporate entity is a state designated privelege, with its perks: Corporate personhood Corporate personhood or juridical personality is the legal notion that a juridical person such as a corporation, separately fro…

Corporate personhood is weird and unecessary, but it is hardly a ‘privilege’ and has nothing to do with the corporate form which long predates the Anglo-American interpolation of that onto corporations. Corporations are in fact a network of contracts, and that is how they operate, and all this ‘corp…

can someone put me to good writings refuting the 'corporations cant exist in a free market' argument?

Economics Economics Questions

Autodidact February 20, 2011, 3:10pm 5

Read my post here.

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Corporations Economics Questions	14	4142	September 2, 2011
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Corporations on the Free Market General	4	2230	January 15, 2013
Corporations Economics Questions	9	2080	September 10, 2010
Corporate personhood revisited Political Theory	35	6970	September 6, 2008

can someone put me to good writings refuting the 'corporations cant exist in a free market' argument?

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