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View Diary: If corporations have the same rights as people, shouldn't they put do death when they kill people? (36 comments)

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  •  You are suggesting that (2+ / 0-)
    Recommended by:
    gchaucer2, HoundDog

    a Company that employs hundreds of thousands of people be obliterated. That seems like overkill. I don't even like the death penalty for individuals anyway. The remedy in the past has been that juries massively punish Corporations for malfeasance and governments fine them plenty. That seems reasonable as long as the fines and damages are proportionate. In the case of criminal activity by executives, they should be prosecuted under criminal statutes and I think that's where the problem lies currently. We just don't criminally prosecute enough of the SOB's.

    Voting is the means by which the public is distracted from the realities of power and its exercise.

    by Anne Elk on Wed Apr 09, 2014 at 03:59:29 PM PDT

    •  In my post, GM is offered as an example of this (0+ / 0-)

      issue in the forth paragraph. After we went to all the trouble to save it for jobs and the ripple impact on our economy, so as I say there, the punishment there should be to zero out shareholder equity, and replacing the very top management, keeping the jobs, and auctioning the stock to new owners, putting the precedes in a national  trust fund for victims of corporate malfeasance, as not all can pay for their damages.  

      "Seriously, Folks, WTH?" - ("What the Heck? "h/t Joan McCarter, Seriously, Florida. WTF?)

      by HoundDog on Wed Apr 09, 2014 at 06:38:11 PM PDT

      [ Parent ]

    •  Not nearly enough (0+ / 0-)

      they need to be punished severely enough to deter further crimes of the same nature in the future, which rarely happens.  

      "killing" a corporation would not put it out of business, most could easily be reopened under new ownership and new management.

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