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Corporations have charters, and historically a lot of jurisdictions placed a whole lot of limitations on corporate charters, ranging from time limiting them, to holding the corporations to their charter - that is, limiting them to do what they were chartered to do. It has not always been a given that you would just get a charter, because a corporate charter imbues a corporation with rights that affects society that only exists by society deciding to honour them.

So this idea of making demands of corporations to have charters that maintains some balance of public benefit is not at all new (that is not to say that a corporation that primarily focuses on making profit does not provide some benefit, but it's not some sort of automatic given that is enough).

There's a whole movement around the idea of pushing governments to revoke corporate charters that do not benefit the public beyond the immediate economic effects (effectively dismantling the corporations in question). You don't need to agree with them, but it's worth realising that the history of the modern, purely profit-seeking corporation with expansive rights is not a very long one, and not at all the only model of how to deal with corporations.




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