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Thankfully we have legal structures that allow individuals to run companies without being personally liable. Can't imagine running a company without it these da
by Drblessing 4y ago
Thankfully we have legal structures that allow individuals to run companies without being personally liable. Can't imagine running a company without it these days. Every CEO would get sued incessantly, and then instead of focusing on providing goods and services like food and medicine, they would be focused on frivolous lawsuits.
Should we hold government officials in contempt of society when they build roads that people die on?
Should we hold generals as murderers when a mission fails?
- JohnTHaller 4y agoIf a CEO knows for a fact that their product is harmful/deadly to its customers and outright lies about it for personal and company gain (aka fraud), should they shoulder any responsibility?
- unmole 4y agoDo today's customers think cigarettes are good for their health?
- choko 4y agoNope. I smoked for a few years (quit) knowing full-well the risks. These risks have been well known for at least 30 years now.
- Drblessing 4y agoYes, you're right. The system we have now is too sensitive to the other side of this coin - too many laws and regulations. Is it better to save 1000 lives by regulating something than saving 10000 lives over the long run with new technology? It's much harder to quantify the negative impacts of regulations in terms of medicines never developed, healthcare never delivered, food innovation never discovered, etc.