A corporation is an artificial person. It is a creature of statute; and, unlike a natural person, a corporation can, potentially, exist indefinitely. Once formed, a corporation has all the rights and privileges of a natural person, except voting (which it does nevertheless with its checkbook), or appear in federal courts except by attorney; for, unlike a natural person, a corporation may only act through its officers, directors and agents. A corporation, like a natural person, may be licensed to do business in a state other than its domicile. Like a natural person, a corporation may be held accountable for it acts, and even convicted of crimes. Corporations have been around for some time. Our cities and many towns are municipal corporations through which local government is exercised.
The problem is not with corporations, but those who would abuse its franchise, and much that is wrong with our country is due to such misuse. The pernicious influence of corporate corruption is ubiquitous, even in the halls of Congress where their lobbyists peddle their influence. It is their doing that much of the tax code is so unfairly balanced to the point of subsidization of corporate business, and it is their agenda that sponsors much of the so-called "reform" legislation that has been recently enacted. It is like a cancer that has spread into every cell of our social structure and civic institutions to the detriment of individual rights and liberties.
Is there any remedy? The courthouse doors have been all but closed for individual legal redress; and there are even efforts being made to undermine the independence of the federal judiciary which threatens to subvert the constitutional checks and balances to the excesses of government. Therefore, it will have to be the responsibility of every citizen to be vigilant in overseeing their representatives and holding them accountable lest our democracy turn into a corporate tyranny.