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Assertion Quote by Don Tapscott

“The blanket assertion that corporations are people obfuscates the complex issues at play in the changing business world. Corporation are institutions. People are people.” quote by Don Tapscott
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“The blanket assertion that corporations are people obfuscates the complex issues at play in the changing business world. Corporation are institutions. People are people.”

Don Tapscott

About This Quote

Source Book: "The Blockchain Revolution", 2016

Equating corporations with individuals oversimplifies their role; corporations are institutions, not persons, affecting policy and ethics.

In simple terms: Corporations aren't people; they are institutions.

Key Takeaway

Recognize institutional differences.

Themes

law economics ethics

Mood

analytical critical

Type

policy philosophical

When to use this quote

  • business regulation
  • shareholder activism
  • public policy debates

Key Concepts

corporate personhood institutional theory

Questions to Reflect On

  • What are the consequences of treating corporations as people?
  • How can law better reflect institutional reality?
A Different Perspective

Legal frameworks may still treat corporations as persons, creating contradictions.

3.8 out of 5 (3 ratings)

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