It also allows them to be sued. I suppose we could have other mechanisms to sue companies but this is what we’ve come up with.
And now you get to "nobody at all" when effectively nothing happens to the leaders the instant the need to bear accountability
> plus this firewall makes it so people will be more willing to build businesses.
Doubt.
"We can direct the corporation we own to dump raw sewage into rivers but you can't hold us accountable personally for that decision" is an absolutely messed way to run things
"Corporate personhood" is a legal concept where how person-like a corporation is can be defined in whichever way is convenient to how we want the law to operate.