and one of the best possible consequences, in my opinion, if this ever passed.

You'd need to refine the language a bit, but the propsed Article 4 covers the point that corporations, like other "non-people entities," would still have rights. They just wouldn't automatically inherit every single right that people have. Which, if you could ever make it happen, would be a very, very good thing.

For example, it is stupid to accord the right of free speech to corporations. Individuals working for the corporation should have as much right to free speech as everyone else, but the corporation itself is an abstract legal fiction, and as such it ought to have no right to free speech, especially if that speech can be shown to be harming actual, real persons. (I'm thinking here of, say, advertising to young children.) More generally, whenever the rights of a corporation conflict with those of a real person, the rights of the real person ought to take absolute, unquestioned precedence.

It'll never happen, of course. Too much money against it.