This article applies Ayn Rand's insights in metaphysics and epistemology to the question What is a corporation? Historically, there have been three main answers: the fictional entity theory, the aggregate theory, and the real entity theory. Drawing principally upon Rand's discussion of the nature of entities in her epistemology workshops, this article proposes a fourth possibility. The preceding theories assume that if a corporation is an entity it must exist as a separate entity. The theory defended in this article challenges this assumption, and considers the implications for the moral and political status of corporations.

You do not currently have access to this content.