If you add to this how The US is a corporation owned by the same rentier class, then you can see how it is all about control.
Too bad the middle class people like to feel they "own" things, or they could corprotize their lives too.
However, the future is going to be very different. Where ownership carries the burden of maintenance, including maintaining nature. And, without the maintenance, it will be considered that you do not own it.
So, a company is its people, the people are the company. Corporations being this fake person status will become verboten. But, hand in hand with this will be much more sane rules about recouping damages.