Comment

Comment by photochemsyn

Corporate personhood is unconstitutional, the rights of human beings don't apply to imaginary legal constructions designed to protect the holders of capital from having any criminal or civil responsibility for the actions of the corporations that they ultimately control.

It's a system in which major shareholders benefit from the criminal and reckless behavior of executives (who get large bonuses for taking the risk, although as the 2008-2009 subprime mortgage fraud episode demonstrated, even they don't face much real risk for engaging in criminal activities on behalf of their shareholders).

At the very least, if corporations are people, they should be subjected to the death penalty for engaging in egregious misconduct - state seizure of all corporate assets with no compensation to shareholders followed by restructuring makes sense in such cases, e.g. Boeing, Purdue Pharma, etc.

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