3 ms·
How can the company commit crimes without its decision-makers committing crimes? This double-standard we have is ridiculous. Every 1% increase in stock price is
by feoren 2y ago
How can the company commit crimes without its decision-makers committing crimes? This double-standard we have is ridiculous. Every 1% increase in stock price is always attributed entirely to the wunderkind CEO and he therefore deserves tens of millions in bonuses every year, but a criminally negligent company kills people and suddenly the CEO has nothing to do with it? They are acting as the chief executive of the criminal corporation. Those fuckers should be thrown in jail. "Oh but then our favorite Harvard MBA Graduate with a transcript full of Gentleman's Cs who's the grandson of the previous billionaire CEO wouldn't want to be CEO!! Who would want the job!?" -- fucking GOOD. They get paid 300 times more than line workers, and we're worried about how the job might not be cushy enough to attract our favorite nepo-babies? Maybe the most lucrative jobs in the entire world should only be attractive to people who are actually competent at making sure the company is operating well and not literally murdering innocent people!?
- dragonwriter 2y ago> How can the company commit crimes without its decision-makers committing crimes? Very easily. Companies as aggregates of people beyond just the decision makers can both do actions and have knowledge that the decisionmakers do not, and knowledge and action tend to be important in the definition of crimes.
- chii 2y agoBut not in statutory crimes. Such as statutory rape - you not knowing doesn't absolve you, as the legislation mandates that it is on you to check (within reasonable bounds).
- consumer451 2y agoThere is a saying "high risk, high reward." This makes sense. The problem with modern C-suite culture is that it's no risk, all reward. This does not make sense, and seems unsustainable in the long term.