Warren: Next Administration Should Probe, Maybe Jail Wall Street Bankers … In trying to reopen the investigation, she's telegraphing her new Senate tactics—and sending a message to Hillary Clinton. -Bloomberg

Warren wants to jail Wall Street bankers but she should apply her energy and eloquence to getting rid of the monopoly Fed and judicial decisions that prop up corporate America.

Without the abusive and deadly power of multinationals, the corporate catastrophes that Warren regularly cites would disappear, probably more quickly than one might expect. The current ruinously corrupt system is propped up by state force and state wealth.

As a firebrand of the left, concerned about people's welfare and resources, she should surely see that the US's impoverishment comes from endless over-printing of money and the consolidation of titanic multinationals that would not exist without Supreme Court decisions creating them.

Modern corporate abuses are especially evident in the monopolies they create, the entrepreneurial vitality they eradicate, the poor salaries they pay and the abusive government policies they support. Oftentimes, the oppression created by the government-corporate complex can turn deadly.

The East India company is a good example of how corporate giganticism leads to catastrophic abuse. It was a private enterprise authorized by the state that even had its own army. In other words it was a fascist entity that derived its efficiency from the marketplace and its power from the Crown.

The Great Bengal Famine of 1770 was a famine in India that reportedly starved to death some 10 million people. The East India Company is widely held responsible for it – that's just one example of how the East India Company wielded power.

Thomas Jefferson and other US founders were so concerned about corporate tyranny that they gave authority over corporations to the states. And until the Civil War, corporations were rarely formed and hardly ever of a significant size.

But today's corporations have the same kinds of personalities and freedoms as the East India Company that so abused the world and scarred the generations of Jefferson's time.

Today, it is not so different in terms of the hybrid power that corporations possess. The huge size of corporations comes from corporate person-hood, intellectual property rights and monopoly fiat money from central banks.

These "rights" are enforced by the Supreme Court and other courts around the  world. But there is no reason to attribute personalities to inanimate objects. There is no reason for society to enforce intellectual property rights. If people want to retain "rights" to their "property" they should do so on their own without government taxpayers doing it for them.

Certainly, monopoly central banks should not exist, nor should a priority of place belong to multinationals that are supported by monopoly central banks in bad times and the recipient of an overabundance of currency in the good times.