I agree with that, and I think the way you limit the power of business is to start eliminating the regulations that make them more than just the people who own it. No special protections, no special rules that apply just to businesses, if you're a company it's just a convenience to keep the resources of the owner who is ultimately the conduit through which the company's existence flows, and to whom consequences for the company's actions will flow back.
The problem right now is that the ecosystem is set up to favor ultramassive legal constructs. Relying on an imperfect human method to directly intervene I think is doomed to fail, which is why I'd prefer coming up with a method that puts increasing pressure on businesses as they grow so they will be naturally inclined to reach an equilibrium in the market rather than trying to become the one business to rule them all.
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