The perverse obscenity and
legal fiction that corporate entities are “persons” under the law with all the
rights and privileges of the US Constitution just
like human persons. Only unlike us mere mortals, they “live” indefinitely if not forever. And, they can buy and sell each and they can’
t be punished corporally or incarcerated as deterrence and punishment
like the rest of us living in the incarceration nation, itself another obscenity. Since the
Reagan Revolution and the greed fest and leverage bonanzas and stock market with its colossal derivatives and mortgage securities bubble, corporate governance with the tacit cooperation of the courts and the toothless federal enforcement agencies, maximizing profits and upholding the rational self interest of the shareholders has become the norm. Any duty to consider the communities, workers and the environment affected by the corporate has been evicerated or interpreted to benefit the corporate.