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Too difficult: you need to prove they knew and took a series of actions to get there, but it's very hard to do, and they usually have fall guys all the way to p
by BiteCode_dev 4y ago
Too difficult: you need to prove they knew and took a series of actions to get there, but it's very hard to do, and they usually have fall guys all the way to protect themselves. It's also easier than ever to destroy evidence.
The cost of going after those companies is ridiculous already, once they are proven guilty, it would be simpler if we could punish the company as a person, than to find a real person to punish. After all, companies are very happy to be persons for other legal purposes.
- capableweb 4y ago> Too difficult: you need to prove they knew and took a series of actions to get there, but it's very hard to do, and they usually have fall guys all the way to protect themselves. It's also easier than ever to destroy evidence. Make it illegal not to have a "custody trace" of how a decision came to be. Even if the CEO came up with it in the shower, for the thing to be implemented, it has to come across a lot of individuals. Make them having to keep all of that data around, and required to disclose how something came to be in case it's revealed as unlawful.
- feanaro 4y agoYeah, that surely wouldn't grind everything to a halt and effectively make the existence of non-megacorporations impossible. No, what should instead be done is prevent the existence of these megacorporations which have disproportionate influence on humanity in the first place. Prevent them to form and chop up the existing ones aggressively into smaller ones.
- lioeters 4y agoI've long suspected that these "megacorporations" are nurtured for national security reasons, to consolidate and project power. The disproportionate influence is by design, a feature not a flaw. Especially since those who make the rules are owned by such powers themselves, including those responsible for intelligence (corporate spying, undermining workers unions) and regulation (not preventing Metalphabetamazons from dominating a wide range of industries).
- yamtaddle 4y agoThis has at times been explicit policy. It's a big part of how Japan (re-)joined the developed world so fast after WWII—they gave a few megacorporations a captive home market to keep them healthy & safe, used incentives to get them to pool R&D money and share the output, then set them loose on foreign markets.
- skywal_l 4y agoMaybe but when you are CEO, the fact of "not knowing" should not protect you from consequences. If not jail, at least being banned from being a corporate officer in any capacity and relinquish your stocks/benefits/whatever so at least you remove the profit motive of fraud.