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> shareholders, who aren't responsible because they only have indirect control over the corporation That's crime-laundering. Whether it should be punished by
by rectang 6y ago
> shareholders, who aren't responsible because they only have indirect control over the corporation
That's crime-laundering. Whether it should be punished by criminal prosecution is dubious, but whether it should be punished by investors losing money is not. Otherwise the system manifests a perverse incentive to invest in corporations which commit crimes.
Then again, facilitating criminality by the investor class is the whole point, isn't it?