Corporate personhood is getting a bad name.
After Citizens United v Federal Election Decision in 2010, protecting the First Amendment rights of corporations to spend money in elections, the nation has seen the development of a broad-gauged movement to overturn the decision by way of constitutional amendment. These proposals range from relatively limited and contained grants of Congressional authority to regulate campaign finance to broad attacks on what proponents call corporate “personhood.” This attack on corporate personhood is a mistake.
Corporate separateness — corporate “personhood” — is an important legal principle as a matter of corporate law. As a group … Read more