That's actually a simple one.
Back in 1886 the Supreme Court decision in[FONT=arial,helvetica][SIZE=-1]
Santa Clara County v. Southern Pacific Railroad Company[/SIZE][/FONT] (sorta, kinda) that corporations were persons under the Fourteenth Amendment with rights and independent existence like a real human being. As originally constituted corporate charters were issued by States and could be revoked if they no longer served the public good. They were viewed with suspicion by most people, and there's a library full of precedents where they were dissolved when they were considered destructive. It was only later that we fell under the bizarre notion that just their existence was a positive good and the working out of some sort of Natural Law.
So I'd reform that and make it easier to rein them in or get rid of them. I'd break some of the wall that keeps their officers safe from what the corporation does and hold them financially and legally accountable for crimes they commit from behind the veil. And I'd apply the same standards to them that are applied to flesh-and-blood human beings. If you live in a "Three Strikes" jurisdiction and a corporate entity commits three felonies over the course of its existence it gets the equivalent of a death sentence. Its charter is revoked. The assets are auctioned off by Marshals or the County Sheriff on the next business day and divided between creditors and shareholders, and it ceases to exist. If malfeasance or negligence cause human death the Board of Directors gets the penalties for manslaughter. If it was in connection with a crime they hang.
If I could reform a second thing I'd institute the
Carthage Draft.
Here's how it would work...
Back in the day the City-State of Carthage practiced human sacrifice. Of children. But it wasn't quite like a lot of their neighbors. In times of severe trouble every aristocratic, noble and wealthy family had to pony up a child to be burned to death in public. Nobody got out of it. Everyone with serious money or power had to pay in the same terrible coin.
I'd update that for today.
If there's a war, police action, GWOT, "global projection of force" or any of the other euphemisms the Carthage Draft goes into effect immediately. Every member of Congress, every Senator, every Cabinet Secretary or Executive Branch officer above a certain rank, the Vice President, the President and what the hell let's toss in the Boards of the Down Jones Industrials and the Fortune 1000 contributes. They contribute one of their children. If they don't have children a grandchild, sibling, spouse, niece or nephew will do. The closer the blood relation the better.
That lucky young person is in the Army or the Marines for the duration. There are no deferments for any reason. They don't get to be in the Air National Guard or safely back in Washington. They become Cavalry Scouts, Forward Radio Operators, Riflemen or any of the other two or three statistically most dangerous MOSs. They're in from the day hostilities begin to the day the last serviceman or woman is withdrawn and must be in active combat units in hostilities. If they die or are disabled the family ponies up another.