Corporate power lets private groups make binding decisions with continuing effect
Evidence
Of these perhaps the most important is the power to become a corporation. The power to form a corporation or other like entity is a power to constitute a group of natural persons as a unit for private decision-making, with a continuing capacity to make decisions for the members which will be accepted as binding by the whole society. — Henry M. Hart, Jr. and Albert M. Sacks, The Legal Process, 4445
Categorization
- DEFINE: Clarifies what incorporation really is — creating a durable private decision-making unit whose choices society treats as binding — rather than a mere business formality.
- XREF: connects to: Individuals routinely have law made for them without personal consent in our legal system. — Henry M. Hart, Jr. and Albert M. Sacks, The Legal Process: Basic Problems in…, 4407; Private law binding non-consenting parties is unobjectionable when the disadvantaged had no prior claim — Henry M. Hart, Jr. and Albert M. Sacks, The Legal Process: Basic Problems in…, 4414; Corporate privatization of water and seeds erodes local communities’ decision-making power — Rebecca A. Martusewicz, Jeff Edmundson, and John Lupinacci, EcoJustice Education: Toward Diverse,…, 223 (+2 more)