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#companies#sense#power#delegate#voc#eic#bodies#corporate#old#medieval

Discussion (3 Comments)Read Original on HackerNews

scotty79about 1 hour ago
> No, not the VoC or the EIC, which were “companies” in the sense of bodies corporate, the old medieval sense of the word: power was delegated to them, and they ruled on behalf of the states that chartered them.

How's that different from modern companies where governments delegate some power of telling people what they should be doing? Delegate some levels of enforcement, some amount of sovereignty? This smells of no true Scotsman.

scotty79about 2 hours ago
> "... because corporations are evil."

Worse, they are heartless machines.