Corporations are persons, so they have character. We vote for president based on character, so we should vote against corporations based on character. If we don't like a corporation, because it pays its CEO too much, for example, the electorate should choose to put it out of business. But you don't trust the electorate, so we are doomed.
"Corporations are not persons, they are an instrument for avoiding risk, like insurance."
If an individual tried to do what corporations get away with, they would not be allowed to use money. I'm saying if a corporation has externalities or products we don't like, the only recourse is to vote it out of business. We can't trust representatives to micro manage which companies get to exist, so we need to vote the most notorious out of business on a regular schedule. Then, much like persons would, corporations would take responsibility to preserve their existence.
"That's not how voting, money or businesses work. I think you might be asking for better regulation of corporations, but it is obvious that you're confused."
Yes, I'm confused by economic conservatives. Why are you that way? Regulation, nationalization, and restrictions are fine, but to make corporations responsible, we have to eliminate some stocks, not just restrict some flows.
"I would regulate corporations by making them illegal, which most people wouldn't consider conservative economically. Maybe try to understand the meanings of the buzzwords you are tossing about, preferably before you offend someone less forgiving than myself."
Yes, make one of them illegal, but why use the regulate buzzword? Be forgiving of yourself, accept that reality changes, and allow one of your sacred cow corporations to be sacrificed. It has to be an executive order or initiative, not a law, because laws apply to all corporations equally, which means they don't put any of them out of business. Once voters realize how beneficial to the economy eliminating an irresponsible company is, we will have to put it up to the voters directly with online voting or something.
