On Tue, 3 Feb 2009, Charles Reiss wrote:
>>    d.  Key Power:  *Any* shareholder (member or non member) may act
>>        on behalf of the corporation with the support of [shareholders
>>        adding up to a majority]  Corporations CANNOT and SHALL NOT
>>        forbid non-members from so acting or supporting said actions.
>>        Shareholders are encouraged to use corps for their own benefit
>>        (i.e. the AFO).
>
> Given this, I'd encourage allowing 0-party contracts and encouraging
> corporations to be contracts of this sort.

Well, if they're 0-party contracts, we're basically making them player 
entities with tradable controls, and there's no reason to make them 
contracts at all, we could just make a new type of entity.
 
I was thinking myself that requiring members offers a double-dynamic 
of allowing the members of the corporations somewhat responsible to 
shareholders; e.g. contracts that are more likely to add value to the
game would have a stronger share price (benefiting the members that
start with a controlling stake).  But maybe this is dreaming and we 
should just make some straight-out zombies.  What do you think?

-Goethe



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