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Except that it patently does. Often. Corporations are fined, barred from various activities, have assets seized and members of them get sent to jail for crimina
by simonh 4y ago
Except that it patently does. Often. Corporations are fined, barred from various activities, have assets seized and members of them get sent to jail for criminal activity.
- PaulDavisThe1st 4y agoSmall correction: typically it is not the members of a corporation who serve jail time associated with the corporation's criminal activity, but employees. To the extent that these two groups do sometimes overlap due to stock-based compensation schemes, your point is true. However, the corollary, which is that we generally do NOT hold the members of a corporation guilty for the acts of a corporation, remains the somewhat more potent observation.
- simonh 4y agoWe don’t hold them responsible for the actions of the corporation. We hold them responsible for their actions. For example the VW exec jailed over the diesel emissions scandal, and the former CEO has been charged with giving false testimony.