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All you're doing would be to kill companies above a certain size as literally every company makes mistakes and thus no one would have any interest in going to j
by richwater 2y ago
All you're doing would be to kill companies above a certain size as literally every company makes mistakes and thus no one would have any interest in going to jail. A fantastic way to ruin the economy frankly.
- thmsths 2y agoI am not advocating for a zero tolerance approach. In the example I mentioned, the navy, there are plenty of times when the inquiry into a disaster absolved the captain of the blame. All I am saying is that CEOs should be held to the same standards we hold licensed professions such as lawyers, doctors, engineers or pilots. Aka if something goes wrong we will scrutinize their behavior in the lead up and then determine if they took reasonable steps to prevent the issue. In that framework a CEO putting "safety first" will not have to worry in case a black swan events happen, it's the CEO who decided to do some "cost optimization" that will have to answer if the company routinely kills or injures people.