I know that this comes up frequently, but I can’t remember what the consensus was. I guess there isn’t anything coercive about limiting liability, but I have heard people make the claim that corporations wouldn’t exist on a free market. Thoughts?

I say limited liability would be okay for investors and people lending to the corporation (because basically they lend or invest realizing that the corporation has limited liability) However for tort laws where the corporation does something that hurts someone I don’t think limited liability is okay…

Would you transact with anybody knowing that he has limited liability??? I think not.

Would corporations or limited liability companies exist in a stateless society?

Economics Economics Questions

Nielsio May 14, 2010, 2:11pm 2

Here you go:

https://forum.freecapitalists.org/t/corporations-in-a-stateless-society/11552/2

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Would corporations or limited liability companies exist in a stateless society?

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