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Semi-related question... Do you know who came up with an idea of allowing companies to own other companies (and when)?


Probably at the same time corporations were granted legal personhood.

http://en.wikipedia.org/wiki/Corporate_personhood


In most free countries, things are allowed by default. If you want to restrict something, then the onus is on you to pass a law.


So if I want my chair to own a website and collect revenue from ads it can? And I won't be taxed a penny since it's not me who earns this money?




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