I love our system of federalism but the real political divide is city versus not-city people. As someone who has lived around these areas of California and Arkansas, I can say that people who live in rural California are close to people who live in rural Arkansas and people who live in Santa Monica are close to people who live in Fayetteville, AR. But our system just gives everyone in California a permanent Democratic lock on power and gives everyone in Arkansas a permanent Republican lock on power. I don't know whether this means power should be shifted down more locally than the state level, but it is a political mismatch for many people in both types of states.
Robert Anderson
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Professor of Law, University of Arkansas. Admiralty and Maritime Law, Corporate, and M&A. Real Christmas tree enthusiast.
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One of the things I like most about our current domestic animal setup is how the rooster sets off the dog's howling. It's quite the concert.
On my driveway! Don’t need to go anywhere to hunt. (I don’t hunt anyway.)
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I have a new draft paper on corporate control, "Consolidating Corporate Control," which argues that controlling shareholder status under the new Delaware Section 144 should require control that is consolidated, rather than contestable. It's still a very early-stage draft and a little rough around the edges (and the middle), but I'll share it with interested good faith readers. Just send me an email if you're interested!
Maybe instead they should create a new type of Chancery Court operated entirely by AI.
JUST IN: Delaware proposes creating a new type of company operated entirely by AI, with human owners shielded from liability for many of the AI's actions.View quoted post on X