Full Liability Operation: Difference between revisions
Jump to navigation
Jump to search
(Created page with "Limited liability is a legal fiction which limits personal responsibility in commerce. This idea, while apparently sound, is - from the perspective of abundance economics - a...") |
(No difference)
|
Revision as of 00:06, 5 May 2024
Limited liability is a legal fiction which limits personal responsibility in commerce. This idea, while apparently sound, is - from the perspective of abundance economics - a deeply flawed concept.
Full liability is a condition where any agent takes full responsibility for their actions. Ths would be the ideal state of human affairs. This sounds simplistic - and it is. Just like not killing, stealing, and lying. However, we should ask earnestly what infrastructure, institutions, and conditions in society promote full responsibility. Ie, full liability.