At one of Thom's old sites, and don't ask why he had a site called http://www.knightstemplar.com, he talked about how we lost much control over the corporate form. Where once
Corporations were chartered for a single purpose, had to also serve the public good, and had fixed/limited life spans.
Corporations lobbied states to change corporate charter laws to eliminate “public good” provisions from charters, to allow multiple purposes, and to exist forever.
This transformation made the corporate form amoral.
We The People have given corporations numerous freebies which permit them to thrive and to accumulate wealth and power... something discussed here http://www.thomhartmann.com/forum/2014/07/can-capitalism-thrive-without-free-goodies-government
What should We The People require in return for this gift? Changing corporate charters to include a public good... and provisions to protect stakeholder rights... (labor and host communities not just shareholders rights) sounds reasonable. Keeping them out of the political system is also vital. Otherwise our little Frankensteins will continue to use that wealth and power to eventually bend us and our system to their will. And yet despite the threats corporations (and great wealth) pose to democracy... it's a issue that's completely absent from political debate. And that is an example of a key difference between the Right and liberals in the US. The Right has a vision, a long term strategy, and they've aggressively been pushing the envelope for the past 40 years. US liberals have no vision of what they want the US to be in 20-40-60 years, and therefore no strategy to get there. So a strategic attack on the corporate form is simply impermissible thought... just as is reforming the US to finally make it democratic.