▲ | nobody9999 3 days ago | |||||||
>I do agree with you that corporate accountability is often quite poor, but I think the notion that every serious incident should conclude with someone going to prison is simply wrong. If someone puts a shopping cart filled with lead-acid batteries on the train tracks causing a derailment and toxic chemicals spill all over the area, poisoning and endangering the people nearby, the person responsible should not go to prison? Or if someone takes an action knowing that it could crash an airliner with hundreds of people aboard, they should not be imprisoned? By that logic, if I beat you over the head with a tire iron, I should just walk away. Possibly paying an inconsequential fine? What's that? The individuals involved in poisoning hundreds/thousands or killing hundreds of airline passengers or beating you to death should be prosecuted and made accountable for their actions? If that's the case, why should folks who knowingly take steps that create the same results not be treated exactly the same way? Because they were "just following orders" from management? Because their only responsibility is to maximize shareholder value? Having a limited liability corporation is a privilege, not a right. As such, whether it be knowingly risking the lives and/or environments of others or making the cost/benefit analysis that paying fines/settlements will cost less than operating safely and putting others at risk is acceptable is behavior that should not be acceptable in a civilized society. As I mentioned in another comment, businesses are strongly motivated by the incentives in their marketplace. If we make knowingly and/or negligently putting others at risk of harm both a death sentence for the corporation and criminal liability for those responsible (which includes management, the board and shareholders), we create the appropriate incentives for corporations to do the right thing. As it stands now, willful, knowing negligence will usually only result in fines/lawsuits that are a pittance and not much of a drag on earnings. Those are not the right incentives. | ||||||||
▲ | myrmidon 3 days ago | parent [-] | |||||||
> Or if someone takes an action knowing that it could crash an airliner with hundreds of people aboard, they should not be imprisoned? If the risk is not excessive, my answer would be no. If the behavior is only realistically punishable when it actually results in an accident, then the answer would also be no. I think that neither air travel nor chemical plants pose an excessively elevated risk to human lives right now, thus increasing punishments for infractions would be disproportionate, nto very helpful and potentially even detrimental for safety long-term. Your analogy (beating someone with a tire iron) also clearly features intent; this is not typical for accidents and makes punishments less justifiable and much less useful. If you actually want to make a strong case for increasing (shareholder) liability, it needs to be clear that those additional punishments and enforcement overhead would actually save lifes, and that very critical point is absolutely not obviouis to me right now. | ||||||||
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