Yikes.
Doing good does not absolve you of having done evil.
Zuck has utterly failed in preventing facebook from doing clear, preventable, harm.
I don’t get to walk free, no matter how many homeless people I feed, if I kill one.
The same should go for corporations. If they do evil, once, they should done. Not fined. There is no math which makes the bad that facebook does, necessary to achieve the good it does.
The same should go for corporations. If they do evil, once, they should done.
You kinda just gutted 99% of corporations. And done overall nothing for society because they already all reopened under different names.
Why are you assuming the legal framework for ending corporations couldn’t have mechanisms to prevent that?
For example, offending corporations could be broken up, and have their assets sold to their competitors. The resulting money used as severance for the employees, who didn’t necessarily do anything wrong.
A company can’t just “start back up” if you take all their capital. And no-one would re-invest in people known for taking legal risks that might make that investment go “poof”.
And 99% of corporations wouldn’t be evil if it wasn’t fucking legal, and basically required to compete!
I don’t think it’s even legal to give away a company’s assets without their consent, be they criminal or not.
And anyway, that’s easy to get around that too. Full of companies that already “”“go bankrupt”“” to avoid paying their due and then reopen with money magically appearing from “somewhere”. In the end to me it just seems the more rules/laws you add, the more the average person will suffer because of it while not really causing any for assholes.
That’s why limited liability is bullshit. You make the decisions, you go to prison for the crimes that come of them.
It’s kind of a gray area though. Do you just jail the CEO if a company does evil? What if it was someone else inside the company and the CEO didn’t know? And conversely, what if the CEO knew and is trying to pass off like they didn’t, how do you prove it? It turns into slippery slopes pretty fast.
My personal solution would be just to actually scale up the fines. If someone gets fined for something they profited from, it’s extremely stupid for the fine to be less than their profit. You’re basically telling them to do it again.