Re:Pristine Canadian river has legal personhood, new approac...
by samatman on Thursday February 08, 2024 @05:02PM
(#39308378)
Once you remove corporate personhood from corporations, there's nothing left. They can't sue, enter into contracts, be sued, or own things, making them unable to serve their intended purpose.
Ah, but you'll say, the law should recognize a distinction between humans and corporations! It does. Corporate personhood is nothing more than a way of talking about the rights, privileges, and obligations, which corporations share with humans. When push comes to shove, the fiction is dispensed with, this is called "piercing the corporate veil"[0], terminology which shows that this is understood to be reasoning by analogy.
Ah, but you'll say, the law should recognize a distinction between humans and corporations! It does. Corporate personhood is nothing more than a way of talking about the rights, privileges, and obligations, which corporations share with humans. When push comes to shove, the fiction is dispensed with, this is called "piercing the corporate veil"[0], terminology which shows that this is understood to be reasoning by analogy.
[0]: https://en.wikipedia.org/wiki/Piercing_the_corporate_veil