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Topic: Corporate entities should have a forced maximum lifespan - page 2. (Read 2259 times)

full member
Activity: 210
Merit: 100
From evolution it is known that individuals must die so that the species could evolve. This is why we are not immortal. It is important for the older generations to die because otherwise they hold the resources for themselves and it becomes extremely difficult for new generations to become successful.

Same logic should be applied to corporate entities such as Coca Cola and what not. They should forcefully be exterminated after 100 years of existence, all their assets being redistributed between new firms and startups. My corpse will some day rot and turn into soil so that new life can use it for building blocks. Coca Cola, McDonalds, Ford and other big and long lived corporations should be forced to die in a similar manner.

Any takers? Cheesy

Quote from: Max Planck
A new scientific truth does not triumph by convincing its opponents and making them see the light, but rather because its opponents eventually die, and a new generation grows up that is familiar with it.



Stupidest thing I've read in a while, you are an idiot, sort it out.

legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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.
1889? I didn't know they've been around for that long. It looks like they started out making playing cards, and then moved onto cab services and love hotels before settling on video games. A Nintendo love hotel would be interesting Grin

I have to admit if Nintendo made love Hotels I might be interested in seeing how they go with it
Can see a place where you can date or walk around with your favorite Nintendo characters
Well I guess that shows how a company needs to be dynamic (Can make a full service suite lol)
Nintendo transit to the love hotel on the way there playing card games then playing video games with your favorite nintendo mascots at the Love Hotel Tongue
newbie
Activity: 42
Merit: 0
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.
1889? I didn't know they've been around for that long. It looks like they started out making playing cards, and then moved onto cab services and love hotels before settling on video games. A Nintendo love hotel would be interesting Grin
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
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.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
Cooperate entities do have a lifespan. Most eventually died off in less than a century, and rarely do any survive more than 3-4 decades.

Yep except for companies like the Hudsons Bay most corporations go bankrupt after a persons lifespan has passed and the founder or his sons have passed away
http://en.wikipedia.org/wiki/List_of_oldest_companies

That said a few do stick around forever Kongo Gumi FTW!

The company fell on hard times and went into liquidation in January 2006.[1] Its assets were purchased by Takamatsu Corporation.[2][3] Before its liquidation, it had over 100 employees and annual revenue of ¥7.5 billion ($70 million) in 2005; it still specialized in building Buddhist temples. The last president was Masakazu Kongō, the 50th Kongō to lead the firm. As of December 2006, Kongō Gumi continues to operate as a wholly owned subsidiary of Takamatsu.

Started in 578 technically still around but eaten in 2006 ^_^
newbie
Activity: 42
Merit: 0
From evolution it is known that individuals must die so that the species could evolve. This is why we are not immortal. It is important for the older generations to die because otherwise they hold the resources for themselves and it becomes extremely difficult for new generations to become successful.

Same logic should be applied to corporate entities such as Coca Cola and what not. They should forcefully be exterminated after 100 years of existence, all their assets being redistributed between new firms and startups. My corpse will some day rot and turn into soil so that new life can use it for building blocks. Coca Cola, McDonalds, Ford and other big and long lived corporations should be forced to die in a similar manner.

Any takers? Cheesy

Quote from: Max Planck
A new scientific truth does not triumph by convincing its opponents and making them see the light, but rather because its opponents eventually die, and a new generation grows up that is familiar with it.


Give it time. Immortality is coming.
full member
Activity: 141
Merit: 100
Cooperate entities do have a lifespan. Most eventually died off in less than a century, and rarely do any survive more than 3-4 decades.
hero member
Activity: 588
Merit: 500
Big corporations do die. I once had a Pontiac car and a Compaq computer. Both are gone. I agree that some corporations are very good at perpetuating themselves, but times are changing, and I'll be happy to see BTC kill Western Union and Paypal.

Countries should die too. Yugoslavia died recently, I'd like to see all countries disappear.
Some companies will die off because they are unable to adapt to an evolving marketplace. Some will succeed because they can continue to innovate and lead in their respective industries. This does not mean that every company should be forced to die after a certain amount of time.
sr. member
Activity: 280
Merit: 250
time
McDonalds will be on Pluto by 2045.
sr. member
Activity: 374
Merit: 250
Does not matter they are owned and controlled by private investors...  90% of companies are public... owned by investors who do not have to inform anyone how much they own and of what..

It should be public who owns what shares and how many.. Even more so for the holders of the central banks..

The odds are.. like 9/10 that several families own 80% of everything.
Generally speaking 80% of the wealth is controlled by 20% of the richest people. You are however correct to say that investors control companies and should not be punished just because a company has been around for a long time.

Being born into 10 Trillion dollars should not enable you to buy up 100 companies and earn massive money from all their work.
Being able to earn money off of the backs of other is what capitalism is about. If you do not invest in your workers and machines that your workers use then the workers and your suppliers will not be able to earn a living nor have any kind of standard of living. In return for this investment you should get some kind of return.
full member
Activity: 193
Merit: 117
HODL
It's an interesting thought exercise, but I think enforcing something like that is in the fantasy realm.  It seems similar to the concept of copyright, which we have been crapping on for a long time now. 
legendary
Activity: 4438
Merit: 3387
Problems with corporations won't be fixed by creating arbitrary laws and restrictions. The right way to fix a problem is to fix the problem. Laws like the one proposed here will only create more problems than they try to solve.
sr. member
Activity: 370
Merit: 250
This is an incredibly horrible idea
legendary
Activity: 1722
Merit: 1000
Does not matter they are owned and controlled by private investors...  90% of companies are public... owned by investors who do not have to inform anyone how much they own and of what..

It should be public who owns what shares and how many.. Even more so for the holders of the central banks..

The odds are.. like 9/10 that several families own 80% of everything.
Generally speaking 80% of the wealth is controlled by 20% of the richest people. You are however correct to say that investors control companies and should not be punished just because a company has been around for a long time.

Being born into 10 Trillion dollars should not enable you to buy up 100 companies and earn massive money from all their work.
full member
Activity: 151
Merit: 100
Does not matter they are owned and controlled by private investors...  90% of companies are public... owned by investors who do not have to inform anyone how much they own and of what..

It should be public who owns what shares and how many.. Even more so for the holders of the central banks..

The odds are.. like 9/10 that several families own 80% of everything.
Generally speaking 80% of the wealth is controlled by 20% of the richest people. You are however correct to say that investors control companies and should not be punished just because a company has been around for a long time.
newbie
Activity: 28
Merit: 0
Of course a couple families own everything, the system is rigged
legendary
Activity: 1722
Merit: 1000
Does not matter they are owned and controlled by private investors...  90% of companies are public... owned by investors who do not have to inform anyone how much they own and of what..

It should be public who owns what shares and how many.. Even more so for the holders of the central banks..

The odds are.. like 9/10 that several families own 80% of everything.
legendary
Activity: 2114
Merit: 1015
Big corporations do die. I once had a Pontiac car and a Compaq computer. Both are gone. I agree that some corporations are very good at perpetuating themselves, but times are changing, and I'll be happy to see BTC kill Western Union and Paypal.

Countries should die too. Yugoslavia died recently, I'd like to see all countries disappear.

That's a good one Cheesy of course countries should die too! That might be even more important than the corporations extermination.

But generally, I can now see why this forced extermination is not required --- people who run these businesses are not immortal. They will die, and this gives chance to newer generations. But of course, inheritance pretty much ruins it.


Some alien species consider soul as the true inheritance receiver. If an alien ruler dies, its soul is caught and put into one of its children. The child's soul is taken away and stored until the ruler gets another child which needs that soul.
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
Big corporations do die. I once had a Pontiac car and a Compaq computer. Both are gone. I agree that some corporations are very good at perpetuating themselves, but times are changing, and I'll be happy to see BTC kill Western Union and Paypal.

Countries should die too. Yugoslavia died recently, I'd like to see all countries disappear.
newbie
Activity: 52
Merit: 0
Really can not see how this would work to be honest or may be it's just me. I can not see how you can take a group of companies, exterminate them and create new and expect them to be a success.
This is true. The vast majority of businesses will fail within 5 years. If you make it so that companies cannot last more then 100 years then you will only discourage smart people from starting a business with the hopes of passing it along to their family for generations
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