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No biological human is immortal, so why should we create 'fictitious legal entities' that potentially are? Immortality and unlimited potential size are two of the great advantages of corporations and by themselves are sufficient reason to ban corporations. Corporations are created by the authority of states and can be destroyed by the same authority - if non-corporate human citizens can again regain control of government.
Limited liability, especially, is a failed concept. No biological human can limit their liability except by the artificial contrivance of a corporate body. And only those with some means can afford to do that. Let businessmen do all business under their name or their name and the names of their partners, all of equal liability - jointly and severally.
Nor should corporations have rights of free speech. As they are not people their speech can only be corporate. Nor should corporations have the power to participate in politics - only the individual citizens composing those corporations and residing in the country should have that right. And all political contributions need to be made by individual human citizens. If you are not a citizen you have no right to contribute.
A constitutional amendment is a difficult thing to bring about, but we, as a nation, have an open artery and the viability of our polity is rapidly draining out into the hands of the wealthy few. Individual citizens are being bled dry and along with them the polity as we have known it. The prime function of our existing financial system is now extracting the remaining wealth from US citizens and residents and putting it into the hands of un-acountable, transnational corporations.
Corporations have been the the chief instruments of our despoliation. It is time to destroy them. We worry about robots usurping our humanity while corporations already have. For >150 years humans have clearly demonstrated their inability to control corporations for the public good. Corporations chiefly benefit elites.
We may find reason to allow corporate type organizations for governmental entities such as cities and counties, non-profit organizations such as colleges and universities, etc., but it must be clear that they exist at the sufferance of the public and for service to the public. Corporations, after all, evolved from Royal charters - historically for cities and universities. It was later that this form of organization was utilized as a framework for privately owned businesses.
"It is not necessary to have hope in order to persevere."
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