Were it to become of use, say to extort concessions from MNCs, individual states in which they are incorporated would be the likeliest place to look for political leverage.
This leverage might be discovered and exploited somewhere at some time by "cash strapped states".
If I were a cash strapped state, I would extort the heck out of those MNCS incorporated in my state, or else, by state legislation, terminate the corporate charter.
A first step might be to legally prevent corporations from transferring their corporate charter to another state. Prevent corporate forum shopping. Delaware was always a big corporate charter draw.
I believe that large corporations need generally to be unwound, especially the largest ones with global reach.
They no longer serve the general welfare here, to say the least.
Another scenario: cash strapped states go out of business as political entities, devolve back into "free cities" and ungoverned frontier areas; and corporations cease to be legal persons at that point.
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