[cryptica]

I keep having to repeat this.

The problem is systemic. The legal concepts of 'Corporate personhood' and 'Limited liability' don't make sense. Just think about what those terms mean.

Of course you cannot expect accountability in the long run.

Is a corporation really a legal person? Can it go to jail as a person might? Does it need a visa to operate in a country as a person might? Will a corporation die as a person will? Sounds like it's getting all the benefits of personhood and none of the drawbacks... Our legal system literally gives more rights to non-sentient entities than it does to us humans! No wonder things are getting out of hand!

What does 'Limited liability' mean? Who has to deal with the repercussions for the excess liability which may exceed beyond the limit?

It's deep corruption, codified into law. Of course these corporations will get worse. They will get satanically worse. Just watch what happens internally; a decade from now, the current CEOs will look morally responsible by comparison. It's a systemic issue. Total violation of the social contract at a deep human level.

Why don't we say weapons are legal persons and provide limited liability protection to the person wielding it? Then criminals could kill people and the court could pass judgement that the gun must serve 20 years in its holster while the criminal walks free... That's about as fair as what we have now. If you conceive of a corporation as a weapon. There is nothing in the law to explicitly prevent this exact scenario. The corporation could theoretically use up CEOs as a gun might use up bullets... The investors would bear no liability.

There are many people in this depraved world of ours who would be willing to be a corporate bullet. People will go to jail to provide for their family. With corporations sucking the wealth out of society, it will create new levels of desperation, this will surely happen.

[pluralmonad]

Limiting human liability through coercion has always been the problem. I signed no contract with any LLC founder to limit their personally liability. Yet somehow some bureaucrat hundreds of miles away signed for me and now none of us can hold people accountable for their actions without armed men preventing it. Just look at what companies like Dupont, Monsanto, Bayer have done to entire towns. Limited liability is the problem. Uncle Sam is the worst uncle.