"Corporation: An ingenious device for obtaining profit without individual responsibility"

In this quote, Ambrose Bierce provides a thought-provoking point of view on corporations. He specifies a corporation as an ingenious device that enables people to attain profit without being held personally responsible. Bierce touches upon the idea that corporations tend to separate the actions and repercussions of people from the entity itself, enabling individuals within the corporation to extract monetary gain while evading private liability. This declaration indicates criticism towards the system that can sometimes protect people from accountability, suggesting that the structure of a corporation can be exploited for personal financial advantages, producing a detach between earnings and the repercussions that might develop from its pursuit.