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A contradiction in free-marketist logic:
- The state monopoly on force is an affront to Liberty.
- Any use of force by the state is antithetical to Liberty.
- The only valid commerce is free association among individuals.
- State chartered corporations provide a limitation on individual liability, backed by the state's monopoly on force.
- This limitation on liability allows individuals who acquire a state incorporation to avoid their debts to other free individuals.
- Therefore, corporations are antithetical to Liberty.
- The only forms of commerce consistent with Liberty are sole-proprietors and general partnerships, in which the individual owners carry the full responsibility for their financial liabilities.