Those obviously need to be fixed. Finding egregious oversights in the structure of our public office doesn't immediately invalidate it because we have tangible, actionable mechanisms for fixing it.
Corporations on the other hand are effectively vestigial 21st century monarchies, with all the cost and benefits that comes with that.
I've ran a few small ones and believe in private industry. I'm not anti corporation, but let's call a spade a spade here. Believing in bullshit never helps you in a competitive marketplace, don't do it.