This is what they do, and this is how they make their money.
There are many corporations and they do a variety of tasks from making our clothes, food, computers, books, television, make television shows, make our cars, furniture, toys, medicine and stuff.
And while we may hate on corporations they have as many different motives as we do. Some want to make cool stuff, some don't want to be uber rich by and large, they want to survive. They are principally a mechanism for making money for the people who fill out the forms.
Yes government set up the legal concept of c-corps, s-corps, LLCs and the like, but its up to the individuals to fill out the paperwork. Which one you choose is usually how you can optimize your tax verses investment. But after that, your business is left to its own devices. It can fail or succeed. It depends on who is running it and why.
If you listen to some people it is the government who sets up the corporations. Yes, in the same way a last will and testament is set up by government but government generally leaves business alone.
Once corporations are set up, they engage in their business and seek to maximize market share. They will endeavor to keep and increase their market share, engineer the market to benefit their corporation and they will do it by whatever means necessary and available to them. They will seek out advantage, whether its by maximizing extra resources, rigging the system, anything to survive. Because it also includes engaging with government to ensure market share and thus survival.
The entity is intelligent enough to do whatever it takes, and in doing so can act like sociopaths.
And for this reason alone is why there will never be a free market.
The only barrier for corporations against a disempowered population, disempowered by television, the ultimate circus is government. Will government pro-actively act against the negative consequences of corporations? Not necessarily. Not until a significant portion of the population demand action will government enact some kind of control on corporations.
Of course the other way to seek out corporate advantage is to lobby for advantages from government, by getting legislation passed that would advantage your corporation.
Yes government may put barriers and legislation in place that make it difficult for your corporation, that usually comes about because people have protested and/or complained to government about it. Unregulated corporations do not behave well. They did not behave well in 2008. Why should removing government suddenly make them behave better?
During the industrial revolution, corporations did not care about how much pollution they produced. Not until government ordered them to clean up after themselves and even now corporations complain about having to clean up after themselves. Yet somehow if we don't have a government, corporations will suddenly start cleaning up after themselves, I do not think so.
Government is the only force powerful enough to stand up to the onslaught of corporations. We as individuals are not strong enough and this is why corporations have invested so much in weakening power of government by engaging in a propaganda war that has lasted for hundreds of years, starting with laissez-faire which ended in the French revolution.
Libertarians have steadfastly been propagating corporate propaganda with statements like 'government is much less efficient than corporations' with no proof and thus created the prison complex. No doubt was behind the Joe McCarthy communist witch-hunts in the 1950s that brought about the military industrial complex. Corporate propaganda also brought down the union movement. The real looser in corporatist propaganda is the average American.
What we find is when corporations are under regulated things like the outrageous costs of healthcare in the US. Where corporations lobbied govt to ensure that govt wouldn't use its bulk purchasing power allowing corporations to further loot the US govt and the US.
Someone I know keeps saying govt needs to end limited liability. I think this will change nothing, only make things worse. We can already sue a corporation and limited liability only comes into effect once the corporation is successfully sued to the point of ruin. If we aren't doing that now, why will is suddenly work if we remove limited liability?
People will always organize. We are tribal and you can see a corporation as a specific kind of tribe. Removing government will only make us more vulnerable to corporations.