Corporate Personhood is Good

Matt Yglesias makes the case over at Vox.

In addition:  corporate personhood is the doctrine that prevents liability from a corporation to its individual owners.  So unless you think that the next time GM inevitably goes bankrupt, the retirement plans of millions of people should not just lose the value of their GM stock, they should also be forced to sell their stock in other, solvent, corporations in order to pay GM’s creditors, shut the hell up about corporate personhood.

Seriously, intelligent liberals should be embarrassed any time their fellow-travelers open their mouths about this subject.  It’s just embarrassing how utterly empty this particular cause is.  Nobody has anything relevant to say except that they have in their mind some kind of fuzzy idea that “corporations” are bad and “people” are good, so RAGE.


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