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POPSCorporate Personhood he courts destroyed the semblance of equal protection under law because there is no way even an individual billionaire can approximate the raw power of these large corporations with their privileged immunities, and their control over technology, capital and labor. Right now it is the reverse. The sovereignty of the people is subordinated to the sovereignty of the giant multinational corporations. Corporations were chartered in the early nineteenth century by state governments to be our servants, not our masters.