(Source: The Heritage Foundation) Americans rightly cherish freedom of association as the necessary condition of a civil society that is not absorbed by the state. Legal protections for corporations recognize that associations are a natural part of human life. The good of individuals is dependent upon "the ties that bind us," and legal protections for corporations are deeply embedded in Anglo-American jurisprudence partly for that reason. Today, many are skeptical that corporations should be afforded legal rights, because they see examples of irresponsible behavior vindicated in courts in situations where the corporate form appears to be a sham. Yet these real examples of bad...
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