Nah. With rules like this, no one could ever do anything. I mean the pizza shop on the corner couldn’t operate. Who would risk their home (if they’re lucky enough to have one) just to not make any money running a restaurant?
Directors et cetera can be held accountable for criminal negligence with the current rules, it’s just that they rarely are, because we have a “captured state” - a government and judicial arm that’s terrified of upsetting the corporations that get them elected.
The solution IMO is disallowing corporate campaign donations, and capping personal donations. Also harsher penalties for the corporations themselves, rather than just “cost of doing business” penalties.
There’s risk in any business. Being smart and working hard isn’t enough. Sometimes you just at get unlucky.
I know fediverse users hate corporations, and there’s a lot to hate, but the idea of individuals protecting themselves from those risks is a critical element of a modern economy.
Nah. With rules like this, no one could ever do anything. I mean the pizza shop on the corner couldn’t operate. Who would risk their home (if they’re lucky enough to have one) just to not make any money running a restaurant?
Directors et cetera can be held accountable for criminal negligence with the current rules, it’s just that they rarely are, because we have a “captured state” - a government and judicial arm that’s terrified of upsetting the corporations that get them elected.
The solution IMO is disallowing corporate campaign donations, and capping personal donations. Also harsher penalties for the corporations themselves, rather than just “cost of doing business” penalties.
funny thing is about this comment is something like 50% of resturaunts go bust within the first couple years, yet new people keep opening them.
I thought I kind of implied that?
There’s risk in any business. Being smart and working hard isn’t enough. Sometimes you just at get unlucky.
I know fediverse users hate corporations, and there’s a lot to hate, but the idea of individuals protecting themselves from those risks is a critical element of a modern economy.