Consumers are the ones who give corporations their power! In America we have amended our laws to fit the wants and needs of our citizens. If people have a problem with corporations, then they need to become more conscious spenders. Also, how will investors be motivated to invest in corporations and new ideas if they are liable to lose everything they have worked their lives for because of one or two failed investments? If we were to strip power from corporations, then we would need to redefine the entire modern day capitalistic company so that it would still be able to meet the consumers wants and needs.
As long as all of the stockholders of that corporation have to pay for the crimes of that corporation. So if say a mining company is grossly negligent and 20 mines die, then if the corporation is found guilty of manslaughter then everyone who has a share in that company should be held accountable and take their share of the punishment. So, if you have a 2% stake in the company and there is a prison term of 1000 days, you would have to spend 20 days in jail.
Most people would think this is silly, but we can't treat corporations as people when it is convenient for them, and treat them as entities when it is inconvenient.
Corporations should be treated as people, because otherwise their free speech will be undermined. The corporation has to be able to be free to organization, to say what is in its best interest, and to lobby for its own good. If it is treated as an entity, the people who own shares lose out on protecting their interests.
Are corporations people? No. They're a collection of people, but not people. Would a rock band be treated as a person? The individual members may be people, but the group representing them, is not. Corporations, not being people, don't have constitutional rights. Furthermore, treating corporations like people allows them to funnel legal bribes to our elected officials. Because of the Supreme Court decision "Citizens United v. FEC, corporations are treated as legal persons, and can therefore funnel bribes in the form of campaign finance donations to our elected officials. Our democracy is at stake from corporate interests because of this
Corporations should be treated as entities. When they are treated as people, then they have exclusive rights to get always with a lot of bad businesses practices. The reason so many corporations are screwing people over like Wal-Mart, Target, and Best Buy, just to name a few, is because they are treated as individuals. The fact is, they are en entity and should abide by all the laws and regulations and more that individuals abide by.
I think that corporations should be treated as entities and not as people. Even though they are of course ran by people and employ a lot of people, the public should not view corporations as something like a local business because they are not. They are a business that are operated by various branches.
A corporation is not a person. It is a company, a business enterprise. Why would you treat a car company for example, as a person? It is a collection of people which run the business for profit. It is degrading to a person if a company is given the same rights as a real person.