Interesting article. He neglects to point out how tax policy encourages individuals to work for corporations (i.e. the health care deduction which individuals can't take).
Painting corporations as the root of all evil is something I see on the left-wing whacko sites, though. I find myself rejecting his arguments on that basis alone. Maybe that isn't fair, but my gut says if the left is for it then it doesn't make sense.
He leaves out Hudson Bay Company, but that's to be expected.
The whole essay is based on a fear of large entities, whether they be governments or private companies. And then he goes out of his way to offer tenuous links between the two. Very simply put, how a large corporation behaves depends on the government. And how the government behaves -- in a democratic society --depends on the people. That is to say, the people get both the government and the corporations of their choosing.
VDay is a Libertarian; for him to make this argument is unusual, to say the least. That's why I paid attention to it.
Only problem: I don't know where he's going with this. Simply to state that 'the game is rigged'--well, it ain't necessarily so.
But he is right when he states that corporations are not necessary for Capitalism to exist. The larger question is whether Capitalism is ideal, and the answer is no.
Time to ask the invisible question. None of these economic triple geniuses have ever seen it, let alone answer it.
How is it possible that the arguably greatest generation, postwar, managed to survive (never mind thrive) without medicare and universal health care, the EPA and dozens of government supported NGOs?