Much ink has been spilled over the merits of Citizens United v. FEC – the Supreme Court’s recent opinion extending First Amendment protections to corporate (and labor union) political speech. Some herald the decision as a victory for liberty – others see the decision as a setback for democracy. Few, however, appear to be considering the importance of the decision from another angle: its effect on the very nature of corporations themselves. I suggest that in the long run, the impact of Citizens United could have positive effects not currently envisioned.
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