4 ms·
The execs get all the credit when it goes right, they should get all the blame when it goes wrong. Lock a couple of these people up, and suddenly they'll start
by Karunamon 11y ago
The execs get all the credit when it goes right, they should get all the blame when it goes wrong.
Lock a couple of these people up, and suddenly they'll start caring a lot more about the legality of what their underlings are doing...
- kbenson 11y agoYou can't just lock up the execs without evidence, that's unjust. You can't just investigate, the nature of large power structures is that some underling will take the fall. Breaking the rules for economic advantage should be met with new rules to force economic disadvantage. Put a 2% tax on total revenue for the next X years, possibly with the addition of a fee based on perceived past benefit. Honest players in the market will reap the lower cost of doing business, and better business practices will prevail.
- Karunamon 11y agoThe evidence is that X underling, which Y exec is directly responsible for the business conduct of, demonstrably broke the law in Z way. Vicarious liability I beleive is the term I'm looking for. Again - with taking the credit comes taking the responsibility. I'd like to see the law amended as such.