Comment: Localism's last lesson of history is about "corporate persons"

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Localism's last lesson of history is about "corporate persons"

"But why is a corporation formed? A corporation is formed so that individuals can act together, greatly increasing their power, in a way that legally limits the liability for any negative outcomes of their behavior. Both these consequences of incorporation, increased power and reduced accountability for their actions, will tend to make them more prone to corruption and more dangerous than a single individual would be on his or her own. The whole idea of the government artificially limiting the liability for one’s joint actions creates a moral hazard." - from "Localism, A Philosophy of Government http://www.barnesandnoble.com/w/localism-a-philosophy-of-gov...

Localism is for people who can still sleep at night even though somebody they don't know in a city they have never been is doing things differently. ("Localism, A Philosophy of Government" on Amazon for Kindle or Barnes and Noble ebook websites)