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The only excuses for bad corporate behavior are bad corporate laws and weak enforcement.
by standardUser 9mo ago
The only excuses for bad corporate behavior are bad corporate laws and weak enforcement.
- lenerdenator 9mo agoThat's often because of regulatory capture.
- yndoendo 9mo agoHow do you get proper laws passed when the politicians are bought and paid for by the same corporations? In the USA ... a company can declare bankruptcy and shed the debt / liabilities while a person cannot shed most debt after declaring bankruptcy. [0] [1] USA politicians favor companies over the people. I personal support new corporate laws similar to California's three strikes law. Instead of allow companies to budget for fines the CEO and Executives go to jail with the corporation being broken up after habitually breaking same the laws. [0] https://hls.harvard.edu/today/expert-explains-how-companies-are-using-a-controversial-bankruptcy-maneuver-to-handle-mass-tort-claims/ https://hls.harvard.edu/today/expert-explains-how-companies-... [1] https://thenewpress.org/books/unjust-debts/ https://thenewpress.org/books/unjust-debts/