3 ms·
> Big companies can't cut corners in quite the same way as tiny shops, Big companies have their own distinct ways, true. They have massive resources to deploy
by WarOnPrivacy 3y ago
> Big companies can't cut corners in quite the same way as tiny shops,
Big companies have their own distinct ways, true. They have massive resources to deploy against regulation and oversight. By forestalling accountability or insuring it results in disproportionately small fines, they can insure non-compliance is strongly profitable. This satisfies the interests that matter most to a public corp, execs and investors.
> Big companies can't ... directly violate health&safety regulations, creating health risk for customers, without fear of consequences.
This is a bold declaration.
- thanksgiving 3y agoAt least I would not knowingly commit crimes so the private equity makes some tens of thousands of dollars and I get a “meets expectations” and 2% annual raise at best if doing so could put me at risk of going to prison.
- WarOnPrivacy 3y ago> if doing so could put me at risk of going to prison The percentage of execs who are convicted - or even tried (for crimes that would gain most of us a harsh penalty) is so low it's striking when it happens. When you have corporate-sized resources (that can outweigh the even the government's) to prevent accountability, those odds tend to be strongly in your favor.