A profit-driven entity destined to ultimately consist of lawyers and other such experts in combination with the minimum number of other people required to justify the ownership of the largest number of things possible. These will then be used to a) extort the largest amount of money possible. b) Convince the largest number of people possible that owned items are worth paying for.
In US law, a corporation is a person. This is so that the fourteenth amendment applies, making it impossible to take property back from a corporation, i.e. making nationalisation of private industry unconstitutional, and restriction of companies (often richer than state legislatures, and with better lawyers) much much harder.
For more information, watch The Corporation.
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