I've pondered it before: should businesses have a limited life span anyway

The reader who looks at these posts regularly knows that I have more than once though the idea that since "the firm" is recognized as a "person" (corporate body) by the law, it should have a natural life that ends naturally just like a real person. It's a bit of strange, philosophical noodling, admittedly. But, here is an example in Air Canada, Red ink set to flow as Air Canada prepares to unveil 2003 results, that shows it is in critical care -- perennially on life support like an old and battered mugging victim ["Victim?" Wouldn't you say more like a psychopath with self-destructive tendencies? ed.] -- and should be euthenized rather than allowed to sap away the family's wealth day by costly day.

So, when exactly does the doctor or the health care trustee with power of attorney finally pull the plug?

Let's face it: there are alternatives for both domestic and international air travel in Canada. Air Canada once had a valuable purpose for the national economy and social development; that is passed. It is a remnant of another time carrying a flag and little else.

Posted by Grayson at March 31, 2004 07:55 AM