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I am talking about abolishing both Corporate Personhood and Limited Liability. I am opposed, as you say, to the notion that a corporation is an abstract entity that is not the same as the resources of the investors who put money into it such that they cannot be sued personally for corporate actions. Such are also distortions of the Market which insulate the officers of the Corporations from the consequences of their actions. And it's hardly a quirk unique to America; read up on the Uniform Commercial Code, the universal and unaccountable system of international law, first developed for slave-trading, which currently governs all commercial activity worldwide. Then, for a real mindfuck, read the Bail Bondsmans Act, and its' definition of all crime, including rape and murder, as commercial in nature.
Eliminating Corporate Personhood would also eliminate the Trust, which is another market distortion which serves to insulate the powerful, by permitting them to be "poor" legally, while still having access to huge funding bases...which remain untouchable in lawsuits.
No, I am not talking about abolishing stocks or the sales thereof. A share of stock is simply a partial ownership of an organization; in this case, a commercial enterprise. Elimination of Corporate Personhood/Welfare, Trusts, and artificial Monopolies does not require the elimination of stock trading. You'd simply be buying stock in a company which was fully subject to Market forces, instead of one which was ( essentially ) protected from them. The current system screws the average investor just as badly as the average consumer or employee; the current investor can lose everything he has, while the Corporatist CEO ( whos assets are protected in a Trust and therefore untouchable ) can be, essentially, unaffected if a Corporation goes bad for a little while.
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