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That is somewhat of my point; the market actually dictates this abusive behaviour and endorses it. All that matters is profit at all costs. Even if hit with fi
by foolrush 8y ago
That is somewhat of my point; the market actually dictates this abusive behaviour and endorses it.
All that matters is profit at all costs. Even if hit with fines, the entity can likely carry on existing because profit permits survival. Regulation needs to require prison for the white collars involved.
If we stop to think about what people are serving time in prison for at this moment, and comparative impact, it is shameful. The people who willingly perpetuated this in the name of profit will continue to have the right to vote, while someone in prison for marijuana may not.
- ekianjo 8y ago> Regulation needs to require prison for the white collars involved. You are completely missing the point. Here regulators were aware and judged it was fine to continue selling the product.
- foolrush 8y agoWe can debate that we both are or aren’t, given it is a cyclical relationship of chicken egg. The regulators are, in the USA, frequently installed lobbyists with profit-at-all-costs ideologies in place. It is clear that the USA’s concept of “oversight” is complicit in this. Hard to shift those underlying ideologies.
- ekianjo 8y ago> The regulators are, in the USA, frequently installed lobbyists with profit-at-all-costs ideologies in place Then what is the alternative you suggest if you do not even trust the concept of having regulators?