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.”
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.
Recognize institutional differences.
Themes
Mood
Type
When to use this quote
- business regulation
- shareholder activism
- public policy debates
Key Concepts
Questions to Reflect On
- What are the consequences of treating corporations as people?
- How can law better reflect institutional reality?
Legal frameworks may still treat corporations as persons, creating contradictions.