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Quote2 years 3 months ago

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Corporations were formed primarily to protect the rich, their investors, and their money. For example, before a ship sailed for the new world, the rich formed a corporation. If the ship was lost and sailors died, the rich were not responsible for the loss of life. All the rich lost was their money.

Today, it is more of the same. If a CEO runs the company onto the rocks, loads the company with excessive debt, pays the executives millions in salaries and bonuses, or steals the employees' retirement funds, the employees lose everything, but the rich are often protected from the losses and liabilities—even the crimes.

— Robert Kiyosaki; Rich Dad's Conspiracy of The Rich view

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