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On the contrary, the history of the last 20 years of capitalism has been that of nobody in charge going to jail no matter what they do. 2008 meltdown, billions
by andrepd 1y ago
On the contrary, the history of the last 20 years of capitalism has been that of nobody in charge going to jail no matter what they do. 2008 meltdown, billions of people suffered but not one administrator, trader, or CEO went to jail. Big companies from oil to tech also routinely get caught in fraud or anticompetitive behaviour and—again—nobody gets jailed, the company merely gets fined a fraction of what they earned due to their behaviour, which obviously is no deterrent.