You make a good point, Q. The problem isn't that "only a corrupt system can produce such an outcome"...because a non-corrupt system can certainly come up with similar ideas to the present legal status of the corporation.

The problem is that a corrupt system finds very bad ways to misuse a concept such as the corporation.

And that is what has occurred.

A corrupt system can, in fact, ruin any humanly devised arrangement...whether it be the idea of monarchies, the idea of religion, the idea of political parties, the idea of representative democracy or the idea of legal entities termed "corporations".

When the general leadership of a nation fall under the influence of gross corruption (when they are bought out, in other words), then the system...whatever it is...WILL be corrupted.

It is the corruption itself that is the problem.