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The thing to look for would be the way that making long firm fraud easy to prosecute would lead to companies being accountable for things they don’t want to be
by philosopher1234 2y ago
The thing to look for would be the way that making long firm fraud easy to prosecute would lead to companies being accountable for things they don’t want to be accountable for.
- gruez 2y agoLike what? Moreover, what does this hold for public policy? Should we bring back debtor's prisons? That would be the obvious solution to long firm fraud.
- philosopher1234 2y agoI’m not an expert, but the way you wrote your comment seemed to be discounting this possibility for no discernible reason
- gruez 2y agoDebtor's prisons were widely considered to be cruel, which is why they were abolished basically everywhere in the developed world.
- philosopher1234 2y agoOk? I’m not arguing about debtors prisons? I’m not sure why you’ve focused on it
- gruez 2y ago>I’m not arguing about debtors prisons? I’m not sure why you’ve focused on it Because that's seemingly what you were asking about? If not clarify what you originally meant rather than beating around the bush then being surprised when people aren't focusing on the things you want. >>>Like what? Moreover, what does this hold for public policy? Should we bring back debtor's prisons? That would be the obvious solution to long firm fraud. >>I’m not an expert, but the way you wrote your comment seemed to be discounting this possibility for no discernible reason >Debtor's prisons were widely considered to be cruel, which is why they were abolished basically everywhere in the developed world.
- philosopher1234 2y agoMy point is just this: it seems like there are a million reasons that all of the following could be true: * policy is majorly influenced, to the point of near dictatorship, by shareholder profits * thus, crimes perpetuated in the name of these profits are vague, hard to define, hard to prosecute * some white collar crime, that shareholders despise, remains difficult to prosecute despite being aligned with the interests of this dominating power