The corporate idea is to remove accountability from the person owning incorporation. It is a legal manuever to deflect responsibility. Most of the worst fears of the founders along the lines of mega-corporations/compaies have been realized.
Corporations should not exist and are a longterm danger to the Nation's economic health and it's security. They should be outlawed.
Corporations also have eternal life. Better think twice about abolishing what is responsible for 80% of the economy.