Corporations are artificial creations of governments with no consciences, beliefs, feelings, thoughts or desires beyond maximizing shareholder profits.
The many special powers and privileges the government grants corporations, such as limited liability and perpetual lifespan, make limiting their political power essential.
Thus, corporations should be subject to democratic control and not enabled to control democracy. While our Constitution’s authors were alive, corporations were completely subordinate to democracy. They could not make any political contributions, and corporate lobbying was prohibited.
No human being’s First Amendment rights will be infringed by preventing corporations, especially transnational ones, from engaging in electoral advocacy because they aren’t themselves members of “we, the people,” by whom and for whom our Constitution was established.
Everyone, including corporate executives, remains free to spend unlimited amounts of his/her own money to advocate for or against a political candidate or party (only direct investments to a candidate’s campaign fund are limited by law).
Therefore, with the Supreme Court ruling in Citizens United creating corporate personhood and the resulting billions of undisclosed contributions buying political favors this election, nothing short of a constitutional amendment will stop the unbridled fire sale of our treasured republic.