As crappy as it sounds.

    • givesomefucks@lemmy.world
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      7 hours ago

      Kind of?

      Like a thousand years ago in Italy the concept started.

      A guy with a bunch of money, would give a guy with no money and a boat the funds to buy cargo and ship it.

      If something bad happened the guy with the boat an no money was liable for the loss of cargo, and wouldn’t have the funds to pay, they’d just go bankrupt.

      If nothing bad happened, the guy with no money paid back the investor plus profits.

      Then it evolved into government enforced monopolies like “East India Trading Co”.

      Which are more like modern corps, but less like what you’re talking about but I’m pretty sure that’s what you meant and not the earlier Italian corporations?

      • Doomsider@lemmy.world
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        5 hours ago

        I think you are missing hundreds of years of progressive corporate lawyering to entrench their business model(s) into our society.

        Take the US for example. Originally corporations had to be for the public good, were time limited, and the owners were held directly financially accountable for their decisions.

        It took hundreds of years of court cases and lobbying to get to the point where we are now and it is absolutely insane. There is a reason the corporation has become the dominant form of our culture.