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I don't think that the people responsible for dealing with the mess left from bankruptcy are large IT organizations, they probably barely have the money to tra
by BlueTemplar 2y ago
I don't think that the people responsible for dealing with the mess left from bankruptcy are large IT organizations, they probably barely have the money to transport the waste to the nearest trash dump, unsorted, and forget about "recycling" now that poor countries are less willing to take the e-waste.
Companies leaving their waste as someone else's problem to deal with is a common occurrence (heck, even before they go bankrupt), and in many cases they would never have existed in the first place if they had to pay for all of it, for instance :
https://www.desmog.com/2019/12/20/fracking-oil-gas-bankruptcies-cleanup-costs-regulators/ https://www.desmog.com/2019/12/20/fracking-oil-gas-bankruptc...
(Note also that there are funds set aside for cleanup, but they are typically woefully insufficient.)
How to prevent companies that are a net negative for society from existing remains an unsolved problem.
(Aside of course from disallowing companies altogether, I wonder when is the point that the limited liability company as a concept is a net negative to society ? Could it be in the past already ? Of course comes the question of whether any alternative can have a positive contribution, in a context of overshoot...)