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Which makes it a clear business decision. Is a company derelict in its fiduciary duties if it doesn't buy them?
by quantified 2y ago
Which makes it a clear business decision. Is a company derelict in its fiduciary duties if it doesn't buy them?
- mullingitover 2y agoYes, when corruption is legal everyone is forced into it. This is sort of my point. In the US we have the Foreign Corrupt Practices Act which forbids US companies from engaging in corruption in foreign countries even if it's common in those countries. There used to be something similar within the US for elections, but the Supreme Court overturned this in the Citizens United decision. The wickedness in that decision is that there's no way out of it other than taking a generation to methodically stack the court (which is how that decision was made possible in the first place) or pass an amendment. Both of those strategies are prevented by the corrupt politics that the decision enabled.