Corporations and governments are both capable of screwing you over in different ways and often overlap. Corporations made the arms that shot the students of Kent State University and the government failed to protect people poisoned by pollution of Superfund sites. Hold them both accountable or they will be used by nefarious entities in the other as enablers for a workaround.

That said persistently refusing like many conscientious objectors will land you in jail though. It isn't a ridiculous argument but the literal truth. It also isn't a very effective tactic of protest but more a matter of fanaticism of principle.