"Corporate Personhood" allows the corporate entity to be a responsibility sink for the owners. They alternative is that people can sue the owners/officers directly for the "actions" of the corporation.
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