Comment: 'Limited Liability' is the undue power of the corporation.

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'Limited Liability' is the undue power of the corporation.

If an unincorporated business pollutes your land, you can sue both the business and the business owners-- the finances of the company and the individuals who made the decision are accessible to pay your damages. However, if a corporation pollutes your land, you cannot sue the executives of that corporation, you can only sue the business. The finances of the executive are shielded from damages resulting from their decisions. Therefore a corporate executive has more rights than an ordinary businessman. How does the corporate executive gain immunity from lawsuits by people who arent customers of the company? the government grants this immunity at everyone elses expense. http://en.wikipedia.org/wiki/Piercing_the_corporate_veil
perhaps a good alternative is:
http://en.wikipedia.org/wiki/Unlimited_liability_corporation