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russ_watters said:The only part of the Constitution that lists things the government can't do is the bill of rights. The rest of the constitution is a structural document, outlining the structure, functionality, and duties (powers) of the government.
Anyway, yeah, the Constitution doesn't specifically discuss regulating corporations and none of the founding fathers ever mentioned it AFAIK. The US was originally based on a highly free version of capitalism, with the intention to have very little regulation. That wasn't much of an issue back then, as the industrial revolution hadn't happened yet and there was little need to heavily regulate corporations.
To expand on that thought...local newspapers (when reporting on local news) tend to function in the way the founders envisioned. However, national/international TV/cable news (plus the internet) and their thirst for ratings to derive advertising funds were not considered.