No, they loved having government having complete authority over corporations, just as the author is proposing.
And that is the way it should be.
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. --That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed,
Only individuals have God-given inalienable rights. And it is through our representative Government that We the People grant permission for the formation of corporations. In doing so, we extend the privilege of limited personal liability to individual investors with the expectation that the promotion of commerce will benefit the general welfare.
--That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.When corporate power corruptly influences Government such that policy no longer reflects nor benefits We the People, we have the inalienable right to exert our sovereignty as a free People.
"Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration."
~Abraham Lincoln's First Annual Message to Congress, December 3, 1861.
The large transnational corporations are in violation of these principles which define the relationship between business interests and our citizenry. They corruptly influence government policy for their own benefit, and to the detriment of our general welfare and national security. It is our sovereign right as citizens to impose whatever means are necessary to alter this situation and defend our individual liberties.