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It's because we have set up a society that rewards deception and exploitation of laws and regulations and has little consequences the higher up the chain of pow
by rcarr 3y ago
It's because we have set up a society that rewards deception and exploitation of laws and regulations and has little consequences the higher up the chain of power you go. CEOs literally bankrupt a company, leave with massive bonuses and then walk into a chairman job. Venture capitalists take over companies, extract all the assets and then leave them dead. People do things that are plainly against the spirit of the law, then get off scot free in court because technically they're still within the letter of the law.
The law needs to be extended to include the intent and reasoning behind the creation of the law and then when people are on trial and evaluated in contentious circumstances, the intention of the law is taken into account when passing judgement. You can't create a law that covers all contentious circumstances, it's equivalent to writing code and endlessly adding if statements to the function or using a switch statement with no end. It's ends up being bad, hard to read code which creates more bureaucracy for people trying to both understand it or exploit it, which is why the legal system is so bloated.
The alternative is to have the written law (function), the intent of the law (ticket requirements), and then you can evaluate:
- did the person break the law? yes, strong punishment.
- did the person break the spirit of the law? yes, give punishment. governments free to amend law if deemed necessary to deter future offenders.
- did the person break the law or the spirit of the law? no, no punishment. then at next policy review governments can look to adjust and rewrite if unintended consequences are happening.
There are no consequences for these people any more, it has been clear as day since the financial crisis. Now on top of that add a move away from religion as a collective morality system and a move away from centralised media to niche media and the collective consciousness and social contract is eroded in favour of the Nietzchian ubermensch who defines his own morality which of course might end up being whatever fits his own self-interest at the detriment of others. Which is pretty much hard coded in to capitalism because a company's only responsibility is to it's shareholders.
The solution to the capitalism problem, is handing everyone on their 18th birthday, x amount of shares in an index fund of the national stock market with the proviso that they cannot be sold outright for cash, only exchanged for other shares. Dividends can be paid to the person so they see the benefits of stock ownership but they are free to move their stocks into whatever companies they wish, thus they are allowed to move their stock into companies that align with their own personal moral values. If they're an environmentalist and it turns out the company has been a heavy polluter they're free to move their stock. If the company moves all their manufacturing out of the country, they're free to move their stock. This way EVERYONE is a shareholder and everyone has power, rather than just the wealthy with capital to invest. And no-one can exploit the system by just cashing out their stocks.