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Dupont made more than $30 billion profit selling Teflon for almost 50 years, polluting the environment by dumping untreated toxic waste from the manufacturing p
by wombatmobile 6y ago
Dupont made more than $30 billion profit selling Teflon for almost 50 years, polluting the environment by dumping untreated toxic waste from the manufacturing process into virgin West Virginia landscapes the whole time.
In February 2017, DuPont settled over 3,550 lawsuits for $671 million.
Dark Waters Trailer
https://www.youtube.com/watch?v=RvAOuhyunhY https://www.youtube.com/watch?v=RvAOuhyunhY
- spaetzleesser 6y agoWe really have to stop letting wealthy people and corporations buy their way out of legal problems. Fines and settlements clearly don't stop bad behavior as banks and polluters have been showing repeatedly. The whole thing feels like a protection racket where it's ok to do illegal stuff as long as the government gets its cut. Either somebody has to go to jail or the fines have to be on a level that they lose all of their illicit profits and more. Not just a part as it is now.
- titzer 6y agoIMHO, If corporations are people, then corporations can go to jail.
- chrisweekly 6y ago^ THIS! So much this. Citizen's United is an abomination, but while it stands its tenets should at least be applied consistently. Also, there's a difference between capitalism and corporatism. I say that as the owner of a C-Corp.
- deleted 6y ago[deleted]
- deeeeplearning 6y agoNo we just need to completely get rid of all regulations and Corporations will totally stop doing nefarious things becuz of da market... They only do bad things now because those Commie Democrats put regulations on them. /s
- rhizome 6y ago"Disgorgement" is the word I think you're looking for.
- terr-dav 6y agoWe really shouldn’t let people become so wealthy that they can make public policy, whether it’s for profit or altruistic reasons.
- qppo 6y agoSeriously. This still leaves the door open for the next drug crisis to make a (literal) killing and get a slap on the wrist in ten years. What's next? I wouldn't be surprised if Pfizer started pushing Xanax and other benzodiazepines as a way to tie patients over while they wait the 2-6 weeks from talking to their PCP for a psychiatry referral and actually seeing a therapist.
- girvo 6y agoThe Benzo crisis is already here.
- titzer 6y agoThis is just the people who were caught. There are literally hundreds for more every case you ever hear about.
- tiffanyh 6y agoFB made $100s of billion off of selling users privacy and were only fined $5B. Lots more examples of other companies as well.
- marta_morena_28 6y agoYeah, that has just little to do with the topic at hand. When you have a Facebook account, you sign a deal "your life for free stuff". Most people chose the free stuff. The only reason they can bring a suit at all is because people can't be assumed to be as aware as Facebook would like to paint them. However, drug addiction is something entirely different. You don't expect people to override doctors decisions. Yeah you should question, but most people don't have the expertise to do so. The same is true with Facebook, however the premise is different, i.e. Facebook didn't sign the Hippocratic oath to only do good to people. So obviously people should be wary. And most of all, the harm done is virtual and not noticeable, to the individual that is.
- greatwave1 6y agoThe Sackler's settlement doesn't even scratch the top 10 of the largest corporate fines of the last two years, and is less than 1/20th of what Facebook paid for privacy violations in 2019. Source: https://www.quiverquant.com/sources/violations https://www.quiverquant.com/sources/violations