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Topic: Corporate entities should have a forced maximum lifespan (Read 2278 times)

sr. member
Activity: 420
Merit: 250
Exactly. The companies that are not able to meet the needs of their customers while keeping costs below revenues will eventually die off. Companies that are able to evolve and adapt to changing markets will prosper. It is Darwinism at it's finest.

Makes sense. We can see a company as a species. Although individual members of the species have rather short life spans the species in its totality can potentially live very old.
If you were to look at it this way then you could say that the owner of a business (shareholders) are the individual members of the species, and the actual business is the actual species. When the shareholders sell their stake (their shares) they "die" and a new shareholder is "born"
full member
Activity: 238
Merit: 100
I see corporate entities as an organism, they will all inevitably die if they do not change and evolve, because the enviroment they operate in changes. If the corporate entity survives half a century, it must have evolved several times through several business cycles. So, it is already a different organism, the old entity is in fact dead and consumed by the new entity.
This is a good analogy. Any company that is not able to embrace chance based on the changing marketplace will eventually fail and it's assets will be taken over (purchased) by some stronger entity.

What the OP is advocating for is the stronger entities to be forced to be killed after x number of years and the assets be "donated" to the weaker companies. This would clearly be a great destruction of wealth and a bad idea
member
Activity: 70
Merit: 10
I agree, these monolopies rig the game.
legendary
Activity: 2114
Merit: 1015
Exactly. The companies that are not able to meet the needs of their customers while keeping costs below revenues will eventually die off. Companies that are able to evolve and adapt to changing markets will prosper. It is Darwinism at it's finest.

Makes sense. We can see a company as a species. Although individual members of the species have rather short life spans the species in its totality can potentially live very old.
sr. member
Activity: 420
Merit: 250
To the guys calling me an idiot: you have fallen into the trap of seeing just what you want to see.

To others: nice discussion and I thank you for participation. Many interesting thoughts have been generated as a result of my original post and I am now convinced that while the idea suits well for science fiction stories it has no place in the capitalistic world.

I would also like to emphasize that what I brought up is actually already present in a form of CEO mortality. For example, Apple sort of died with Jobs.

Actually have to point this out?

If a company, which relies on free and voluntary interactions between customers and company, has been around for 100 years it must be because the customers value the company because the company pleases them. Thus you are stating that you should destroy something which is pleasing the community to make way for something that isn't pleasing the community (because new business can not compete without resources it can not get without coercive redistribution)?

This is one of the least thought through argument I have ever seen, not even counting the avocation of the use of force to steal another's property!
Exactly. The companies that are not able to meet the needs of their customers while keeping costs below revenues will eventually die off. Companies that are able to evolve and adapt to changing markets will prosper. It is Darwinism at it's finest.
legendary
Activity: 2114
Merit: 1015
I agree, fuck all these monopolies man.

Quite true, we don't have capitalism --- we have monopolism.

Quote from: John D. Rockefeller
Competition is sin.
sauce: http://criminalbankingmonopoly.wordpress.com/
member
Activity: 70
Merit: 10
I agree, fuck all these monopolies man.
legendary
Activity: 1078
Merit: 1003
The natural lifespan of a business is in its ability to meet the consumer's desires for as long as those needs exist; Coca-Cola, for example, is still around because people are still buying Coca-Cola products.  Businesses are not like people, they don't die when they get old, they die when they stop being useful.

To forcibly end a business because it has been around for a while just creates a giant vacuum in which people will demand said business be reinstituted so they can continue buying the products they wanted.  There is no law which has ever curbed man's desire; you make anything illegal, man willingly becomes criminal to continue getting the item he desires.

The only thing such an action will accomplish is making a lot of people lose work and costing all related businesses a good deal of money to replace the lost business, e.g. replacing all soda machines in every restaurant and venue in regards to Coca-Cola.

If you have an issue with corporations, why not advocate their special governmental rights be removed?  A corporation, after all, can only exist through politics:

Quote
cor·po·ra·tion
n.
1. A body that is granted a charter recognizing it as a separate legal entity having its own rights, privileges, and liabilities distinct from those of its members.

Quote
char·ter
n.
1. A document issued by a sovereign, legislature, or other authority, creating a public or private corporation, such as a city, college, or bank, and defining its privileges and purposes.

This would certainly even the playing field and, with much fairer competition, other businesses can now compete much harder than before and, if a once corporation cannot compete, it'll die on its own.  This way, we don't have that massive production gap between having a business and not having a business, and there won't be a sudden loss of jobs as per your idea.
legendary
Activity: 2114
Merit: 1015
Perhaps you should of written in the title that this is in fact the masturbatory fantasy

So you took the bait, big deal. I won't remember your account name anyway in the future when your credibility as a righteous participant in a discussion might really matter.  Kiss
full member
Activity: 210
Merit: 100
Actually have to point this out?

If a company, which relies on free and voluntary interactions between customers and company, has been around for 100 years it must be because the customers value the company because the company pleases them. Thus you are stating that you should destroy something which is pleasing the community to make way for something that isn't pleasing the community (because new business can not compete without resources it can not get without coercive redistribution)?

This is one of the least thought through argument I have ever seen, not even counting the avocation of the use of force to steal another's property!

You clearly have missed the point here. I am not trying to propagate the system that I came up with. I don't even like it myself so why are you trying to debate me and portray me stupid? Cheesy I am not your opponent, I agree with you but you seem to be so shallow minded that you think people never fantasize. You have to admit that playing the Devil's Advocate can turn out to be very useful sometimes because it makes people think from a new angle --- a more unorthodox angle. This is how innovation is born --- by thinking outside the box, by fantasizing.

Perhaps you should of written in the title that this is in fact the masturbatory fantasy
hero member
Activity: 672
Merit: 500
I see corporate entities as an organism, they will all inevitably die if they do not change and evolve, because the enviroment they operate in changes. If the corporate entity survives half a century, it must have evolved several times through several business cycles. So, it is already a different organism, the old entity is in fact dead and consumed by the new entity.
legendary
Activity: 1106
Merit: 1005
McDonalds will be on Pluto by 2045.

maybe it's less bad for aliens to eat.
legendary
Activity: 2114
Merit: 1015
To the guys calling me an idiot: you have fallen into the trap of seeing just what you want to see.

To others: nice discussion and I thank you for participation. Many interesting thoughts have been generated as a result of my original post and I am now convinced that while the idea suits well for science fiction stories it has no place in the capitalistic world.

I would also like to emphasize that what I brought up is actually already present in a form of CEO mortality. For example, Apple sort of died with Jobs.

AAPL capitalization when Jobs died (Oct 2011) was ~ $325B. AAPL capitalization today is over $600B. Yep, Apple sort of died.  Roll Eyes
 

Yes, Apple As We Knew It sort of died, happy?

By the way, you will die too. And guess what, even if the bitcoins you hold during the moment of your death double their value YOU STILL DIE. So don't give me the numbers, you are clearly missing the point, whether on purpose or due to stupidity is another question. If you die you are no longer able to stand for your views. Can Jobs do that from his grave? No. If anything, he will just flip his side in his grave if the new company leaders fuck something up. Cheesy
legendary
Activity: 2114
Merit: 1015
Actually have to point this out?

If a company, which relies on free and voluntary interactions between customers and company, has been around for 100 years it must be because the customers value the company because the company pleases them. Thus you are stating that you should destroy something which is pleasing the community to make way for something that isn't pleasing the community (because new business can not compete without resources it can not get without coercive redistribution)?

This is one of the least thought through argument I have ever seen, not even counting the avocation of the use of force to steal another's property!

You clearly have missed the point here. I am not trying to propagate the system that I came up with. I don't even like it myself so why are you trying to debate me and portray me stupid? Cheesy I am not your opponent, I agree with you but you seem to be so shallow minded that you think people never fantasize. You have to admit that playing the Devil's Advocate can turn out to be very useful sometimes because it makes people think from a new angle --- a more unorthodox angle. This is how innovation is born --- by thinking outside the box, by fantasizing.
newbie
Activity: 3
Merit: 0
To the guys calling me an idiot: you have fallen into the trap of seeing just what you want to see.

To others: nice discussion and I thank you for participation. Many interesting thoughts have been generated as a result of my original post and I am now convinced that while the idea suits well for science fiction stories it has no place in the capitalistic world.

I would also like to emphasize that what I brought up is actually already present in a form of CEO mortality. For example, Apple sort of died with Jobs.

AAPL capitalization when Jobs died (Oct 2011) was ~ $325B. AAPL capitalization today is over $600B. Yep, Apple sort of died.  Roll Eyes
 
full member
Activity: 210
Merit: 100
To the guys calling me an idiot: you have fallen into the trap of seeing just what you want to see.

To others: nice discussion and I thank you for participation. Many interesting thoughts have been generated as a result of my original post and I am now convinced that while the idea suits well for science fiction stories it has no place in the capitalistic world.

I would also like to emphasize that what I brought up is actually already present in a form of CEO mortality. For example, Apple sort of died with Jobs.

Actually have to point this out?

If a company, which relies on free and voluntary interactions between customers and company, has been around for 100 years it must be because the customers value the company because the company pleases them. Thus you are stating that you should destroy something which is pleasing the community to make way for something that isn't pleasing the community (because new business can not compete without resources it can not get without coercive redistribution)?

This is one of the least thought through argument I have ever seen, not even counting the avocation of the use of force to steal another's property!
legendary
Activity: 2114
Merit: 1015
To the guys calling me an idiot: you have fallen into the trap of seeing just what you want to see.

To others: nice discussion and I thank you for participation. Many interesting thoughts have been generated as a result of my original post and I am now convinced that while the idea suits well for science fiction stories it has no place in the capitalistic world.

I would also like to emphasize that what I brought up is actually already present in a form of CEO mortality. For example, Apple sort of died with Jobs.
full member
Activity: 238
Merit: 100
Nintendo started in September 23, 1889. They are older than Sony.

They will die when no one buys their product. Otherwise, if there are artificial ways to make entities die, then they will find artificial ways to extend their life. They can simply close one corporation and form another, while retaining the brand.
This makes sense to me. If a company knows that it will be "killed" at a certain time, then what is to prevent it from making shill companies that would assume the assets of the newly killed company? The answer is nothing. The only thing that would result in this is investors being hurt and manipulated
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
Not possible to make a company give up all they have worked for.  What if the company owner passes the power over to the child or some executive?  Why should they suffer because the company is successful?  This is the exact opposite of a free market and would likely stop innovation in may ways.
newbie
Activity: 22
Merit: 0
So all the employees lose their jobs? Become homeless in the streets? All that has been built is broken to pieces for the enjoyment of those who had nothing to do with building it?

At first I thought your post was a joke, then I sadly realized that idiot redistributionists like you actually exist.
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