Biden Brain Trust: Forget the Billionaires, Guillotine the Corporations

Democratic presidential candidate Joe Biden speaks during a drive-in campaign event in Dallas, Pa., October 24, 2020. (Kevin Lamarque/Reuters)
In the wake of Biden's victory, left-wing lawmakers could push a disastrous corporate-licensing requirement.

NRPLUS MEMBER ARTICLE B uried beneath the laundry pile of new left-wing regulations the Biden administration hopes to push is a previously obscure idea whose time may, regrettably, have come: the federal corporate charter. For decades, anti-capitalist legal theorists have advocated national licensing requirements for corporations — charters that government officials could revoke for alleged misbehavior. We may soon see what that idea looks like in practice.

With President-elect Biden moving quickly to staff his new administration, many observers are wondering how radical his appointees are going to be. We may not see Senators Elizabeth Warren (D., Ma.) and Bernie Sanders (I, Vt.) in the

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