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Because the entire purpose of corporations is limited liability. So people can commit crimes or just do terrible things without having to face consequences beca

Because the entire purpose of corporations is limited liability. So people can commit crimes or just do terrible things without having to face consequences because 'the corporation did it'.

widjit 5y ago
I would like to see corporations that commit manslaughter dissolved. Threat to human life should be an existential risk.
- Eddy_Viscosity2 5y ago
  There are cases where corporations should be given the 'death penalty' (disolve the corporation), but these should be rare. But in all cases where crimes happen, it is because actual human beings committed them, knew about them, and/or aided in them. Those people should be punished: financially (fines), professionally (fired and barred from working in that field or role, particularly CEOs and other leaders), and criminally (jail) in proportion to the crime they participated in. This isn't complicated nor is it even controversial. Problem is that corporations have so much power that they can subvert the system to be sure none of the above ever happen.
- missedthecue 5y ago
  If a CSX freight train hits a car on the tracks, killing the driver, the entire company and the tens of thousands of people who get their paycheck there should all cease? That seems like a massive waste of everything.
  - jokethrowaway 5y ago
    I wouldn't say so. This sounds like an accident and I don't think there was intent. If there was intent I would also say it's intent on the part of the driver (pending a mental health examination) and not on part of the company. If the company instructed the driver to hit a car on the tracks they would be a criminal organisation and they should cease to exist. In the case of GSK they committed fraud by lying to their customers. It's not intentionally killing someone but it's definitely endangering lives and it should cost more than 3B
  - MisterBastahrd 5y ago
    There's a difference between human error and a criminal campaign to defraud people. GSK should not exist anymore in its current form. It should have been chopped into bits and sold for spare parts.
    - missedthecue 5y ago
      But the parent comment said manslaughter. Killing another human in a traffic accident is manslaughter.
belter 5y ago
The limited liability of corporations is not on crime, only on financials claims corresponding to the assets of the company, so that the personal assets of a company owner are not on the line for creditors claims. :-) Otherwise, managers of a company, could do criminal activities like for example commercialize medical products for one purpose, but that were not medically approved for what they are being sold for and face no time in jail, just financial penalties...No...hold on..wait a minute!!

Because the entire purpose of corporations is limited liability. So people can commit crimes or just do terrible things without having to face consequences because 'the corporation did it'.

widjit 5y ago

I would like to see corporations that commit manslaughter dissolved. Threat to human life should be an existential risk.

Eddy_Viscosity2 5y ago
There are cases where corporations should be given the 'death penalty' (disolve the corporation), but these should be rare. But in all cases where crimes happen, it is because actual human beings committed them, knew about them, and/or aided in them. Those people should be punished: financially (fines), professionally (fired and barred from working in that field or role, particularly CEOs and other leaders), and criminally (jail) in proportion to the crime they participated in. This isn't complicated nor is it even controversial. Problem is that corporations have so much power that they can subvert the system to be sure none of the above ever happen.
missedthecue 5y ago
If a CSX freight train hits a car on the tracks, killing the driver, the entire company and the tens of thousands of people who get their paycheck there should all cease? That seems like a massive waste of everything.
- jokethrowaway 5y ago
  I wouldn't say so. This sounds like an accident and I don't think there was intent. If there was intent I would also say it's intent on the part of the driver (pending a mental health examination) and not on part of the company. If the company instructed the driver to hit a car on the tracks they would be a criminal organisation and they should cease to exist. In the case of GSK they committed fraud by lying to their customers. It's not intentionally killing someone but it's definitely endangering lives and it should cost more than 3B
- MisterBastahrd 5y ago
  There's a difference between human error and a criminal campaign to defraud people. GSK should not exist anymore in its current form. It should have been chopped into bits and sold for spare parts.
  - missedthecue 5y ago
    But the parent comment said manslaughter. Killing another human in a traffic accident is manslaughter.

belter 5y ago

The limited liability of corporations is not on crime, only on financials claims corresponding to the assets of the company, so that the personal assets of a company owner are not on the line for creditors claims. :-) Otherwise, managers of a company, could do criminal activities like for example commercialize medical products for one purpose, but that were not medically approved for what they are being sold for and face no time in jail, just financial penalties...No...hold on..wait a minute!!