John Riccitiello, CEO of Unity, the company whose 3D game engine had recently seen backlash from developers over proposed fee structures, will retire as CEO, president, and board chairman at the company, according to a press release issued late on a Monday afternoon, one many observe as a holiday.

    • 【J】【u】【s】【t】【Z】@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      1 year ago

      The legal fiction known as incorporation or corporate personhood did not exist until the 1400s, and for the first couple of hundred years was used only for churches to acquire assets and land.

      I think what you're thinking of might be conglomeration, where one company buys every business in its supply and distribution chains. Such as when the Tonight Show and The Late Show are owned by the same people that make nuclear reactors.

      • vacuumflower@lemmy.sdf.org
        link
        fedilink
        English
        arrow-up
        1
        ·
        1 year ago

        That's not what I'm talking about, I meant, say, helping those similar to you with the implicit idea that they'd help you too, and that being a common rule in a certain subset of the society, thus working.

        Can't remember now why I chose that word, "corporatism". (Not important for the subject, but Knights Templar or any trading family or clan that would exist before 1400s can still be called corporations, same for religious sects.)