Specifically in the USA, but feel free to share your status quo. We live in the internet age, doesn’t that cut overhead with filing and make things cheaper?
Specifically in the USA, but feel free to share your status quo. We live in the internet age, doesn’t that cut overhead with filing and make things cheaper?
This point can’t be understated. A main feature of a developed economy is a strong legal system, meant to handle business and property disputes. A strong legal system protects investments.
For example, Iran is a country with a ridiculous amount of natural resources, yet their primary exports are nuts and rugs. This is becuase they don’t have a great legal system (and also they have the dubious honour of being the most sanctioned country in the world). Their government does what they want, when they want. If that means they jail you and seize all your assets on some made up grounds, then that’s what happens. The legal systems in developed nations is designed to prevent this from happening. That’s why it exists.
So what you’re saying is … legal systems are designed to protect the rich.
Yes but with arguments to back up my point so I don’t just sound like an angry teenager on reddit.
Ah, somehow it came off like you were saying the general population was the intended recipient of such benefits
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That’s why you don’t create a legal system where “the government can just up and seize your assets without justification”. You create a system where it is clearly defined when it becomes acceptable to socialize a company, and what forms of organization and management it is going to take, and what compensation is the entrepreneur entitled to in exchange.
The right wing fears governments and the left wing fears corporations but really it’s ALL metahuman entities that are suspect and should be regarded as predatory until they can show otherwise.