Yeah perhaps I should say I was thinking more about the limited liability form that got established sometime in the 1800s across a variety of western countries. The government orgs are a thing too, of course, but things that are that closely tied to government tend to have their own access to enforcement.
It's more that at one point during the industrial revolution, it became common that someone would make a private venture, incorporate it, and from there the law granted a number of modern considerations that we still live with. I'm thinking of limited liability and its effect on bankruptcy.
It's more that at one point during the industrial revolution, it became common that someone would make a private venture, incorporate it, and from there the law granted a number of modern considerations that we still live with. I'm thinking of limited liability and its effect on bankruptcy.