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by Tangaroa
5261 days ago
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The idea of corporations being people goes back to Rome when someone decided that the laws regarding disputes between persons could be applied to an organization as well. Corpus == body, the body of people being treated as a person in considering the accusation. That said, governments have always been able to regulate what corporations can do until the Citizens United decision of 2010. Corporations used to be chartered by the government to meet a specific objective and were only allowed to spend money towards that objective; government regulatory policy was deny-by-default. Aaron Burr's Manhattan Company in 1799 was the first modern corporation in the US that was allowed to spend its money freely. |
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