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> concealing data and facing minimal consequences. Yes, the delay in punishment is a huge problem. 3M is facing fines easily pushing them into bankruptcy... so
by tomxor 3y ago
> concealing data and facing minimal consequences.
Yes, the delay in punishment is a huge problem. 3M is facing fines easily pushing them into bankruptcy... so even when the punishment is severe enough, it's too late, huge damage has already been done.
The problem is that even this is not a disincentive, whether or not they know it, executives use these artificial constructs "companies" as vehicles to extract money, the smart ones play hot potato to prevent personal liability once they see what's ahead, instead of blow the whistle - it's immoral, I don't know how to fix it. Perhaps the only way is education, even MBAs need to be made to appreciate the value of environment and the potential ecological and biological consequences of their negligence - I think most of them probably down play it even in their own mind, as a kind of "gotta break some eggs to make an omlet" mentality, that there is always an environmental cost, but lacking the historical knowledge and imagination of how such costs can vary qualitatively and quantitatively with orders of magnitude in separation.
- Clent 3y agoUntil one can lose their MBA for an ethical violation, nothing will change. I trust a lawyer more than a CEO because a lawyer has ethical obligations.
- autoexec 3y agoAnd even lawyers get away with far far more than they should without losing their license to practice. It seems like accountability is at an all time low everywhere and we're all paying the price.