Abstract

The legal person has become an inert person indeed. While in the 19th century it was a fiery fighter for political and economic freedoms against government regulation, today it is no longer trusted with any role in major economic policy controversies. What can the legal person, of all persons, possibly contribute to current issues such as the industrial divide, the European choice between Americanization and Japanization of industrial organization, the strategies of new flexibility, and the management of uncertainty?' The search for the of the legal person, which has fascinated whole generations of lawyers, has now been tacitly abandoned due to an everyday familiarity with this legal entity. Today the legal person is having to pay the price of success: nobody is interested in its essence any longer, and, despite warnings to the contrary, it is no longer taken seriously, not even when the issue involved is the famous piercing of the corporate veil that so inflames the legal imagination.2 To be sure, there have been some recent attempts to rediscover the political dimensions of the legal person.3 In an impressive rein-

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