Latest comic on a Delaware town's bill that would allow LLCs and other corporations to vote in local elections:

#democracy #voting #plutocracy

@jensorensen the ancient City of London Corporation (referring to the municipal corporation, like a city council), in England, did and does that. Resident corps can appoint people to vote in the corp's name.

It is cursed

@ellenor2000 @jensorensen Does there yet happen to be someone representing a few hundred different corps they registered themselves?
@lispi314 @ellenor2000 @jensorensen Yet? No. Also a few hundred doesn't seem like enough. I'd say register at least two or three thousand to properly make a difference.
@StarkRG @ellenor2000 @jensorensen Well, my assumption was someone clever-enough to think it up but not rich enough to actually exploit it effectively
@lispi314 @ellenor2000 @jensorensen Eh, it's not actually that expensive. Looks like less than $100 to incorporate. $200,000 might seem like a lot at first, but keep in mind that you're basically buying an entire town.
@StarkRG @ellenor2000 @jensorensen Huh, that is unusually cheap a registration.
@lispi314 @ellenor2000 @jensorensen I'd have expected the LLC fees to be quite a bit higher than standard corporate fees.
@StarkRG @lispi314 @jensorensen ⚡ In the US an LLC is basically a lite corporation.
@ellenor2000 @lispi314 @jensorensen Huh, I thought it provided more protections, hence "limited liability".
@StarkRG @lispi314 @jensorensen ⚡ Both a corporation and an LLC have limited liability. The LLC has simpler reporting requirements.
@ellenor2000 @lispi314 @jensorensen Right, I get that, I just assumed that something which specifically mentioned being "limited liability" would have more limited liability than the thing which didn't. Seems rather silly to call it that if it isn't.