I think we should also introduce death penalty for companies. Did a company commit a serious enough crime ? Then we just kill it. Is does not deserve to exist anymore.
You end up making a huge amount of people jobless, including the C suite, and investors moneyless.
It’ll be a nice reminder for everybody, and everybody will be very picky about which company they work for / invest in. Maybe leading to more transparency in companies so that they can prove that they don’t commit fraud / crimes.
Too many companies have so much money/power that their crimes have much worse consequences than making people jobless.
This this this this this. Corporations are people when their “speech” needs to be protected via campaign bribery, but not when they kill people in the name of profit. Fuck. That. Shit.
If you kill the company you do punish those people by killing their main revenue/asset. The good thing is that you also punish the investors who will lose all their money. This will dissuade anybody to invest into a company if there is a possibility that the company is fraudulent. This could even push more transparency in the companies to attract investors.
I think we should also introduce death penalty for companies. Did a company commit a serious enough crime ? Then we just kill it. Is does not deserve to exist anymore.
Agreed, though then you could end up making a huge amount of people jobless for the actions if a tiny few people.
Better just jail the seniors at the top, it’ll be a nice reminder for the replacement C suite
You end up making a huge amount of people jobless, including the C suite, and investors moneyless.
It’ll be a nice reminder for everybody, and everybody will be very picky about which company they work for / invest in. Maybe leading to more transparency in companies so that they can prove that they don’t commit fraud / crimes.
Too many companies have so much money/power that their crimes have much worse consequences than making people jobless.
This this this this this. Corporations are people when their “speech” needs to be protected via campaign bribery, but not when they kill people in the name of profit. Fuck. That. Shit.
Better yet make it a public entity or employee owned
Why punish the company when it was the people inside the company that did the wrong thing? Punish the people and let another batch fix it.
If you kill the company you do punish those people by killing their main revenue/asset. The good thing is that you also punish the investors who will lose all their money. This will dissuade anybody to invest into a company if there is a possibility that the company is fraudulent. This could even push more transparency in the companies to attract investors.