Earlier quoted context omitted.
Yeah, side note we need corporate death penalty
Isn't that what happened to SVB?
No, SVB failed as a result of a bank run. What OP is suggesting is more akin to Arthur Andersen after Enron.
Judge finds Google destroyed evidence and repeatedly lied to the court [pdf]
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Re: Judge finds Google destroyed evidence and repeatedly lied to the court [pdf]
#32if it were possible to do so (if they were a human) they would be put in jail
but that would mean nobody can use google anymore cuz they're in jail
Re: Judge finds Google destroyed evidence and repeatedly lied to the court [pdf]
#33Earlier quoted context omitted.
It is Google and inside Google some specific individuals. Corporations are part of the society and their capital is its representation. Corporations have to be liable and whoever takes benefits has to take this.
Yeah, side note we need corporate death penalty
Antitrust is akin to this, with corporations being split into much smaller and way less powerful entities - it happened to AT&T, and Microsoft was close to getting sentenced as well in 1990s.
Re: Judge finds Google destroyed evidence and repeatedly lied to the court [pdf]
#34Earlier quoted context omitted.
It is Google and inside Google some specific individuals. Corporations are part of the society and their capital is its representation. Corporations have to be liable and whoever takes benefits has to take this.
Yeah, side note we need corporate death penalty
Individuals need to be punished if they do something evil.
It's too easy to hide behind your corporation/business when your company ends up doing some serious environmental disaster.
Re: Judge finds Google destroyed evidence and repeatedly lied to the court [pdf]
#35It's worth it b/c corporations only get penalized with measly fines
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Governments should be in the habit of shutting down any and all enterprises at a drop of a hat. Any infraction should result in immediate termination + mass arrests as you correctly point out. Countries that have taken this approach (i.e. Cuba, Zimbabwe) have shown great success and flourishing, thriving economies.
Re: Judge finds Google destroyed evidence and repeatedly lied to the court [pdf]
#36It's worth it b/c corporations only get penalized with measly fines
I’ve often thought that when a company, especially one as big as Alphabet/Google, gets fined, it’s simply seen as an operating cost and not as a motivator to do better.
Clearly fines aren't sufficiently high. I think we need to scale them with revenue. Like towards 25-50%. Maybe with some payment plan if needed taking money from employer/executive bonuses, stock buybacks and dividends until it is paid with full interest.
Re: Judge finds Google destroyed evidence and repeatedly lied to the court [pdf]
#37It's not "Google" (corporations don't exist in the physical world, so they can't act in it), it was specific people at Google who destroyed evidence or lied to court.
But when things go right, Google reaps most of the benefits, individuals just get a small piece of the pie. But when things go wrong, you want to blame the individuals instead of the group?
What does it mean when "Google reaps most of the benefits"? How does that manifest if not as individual gain?
Re: Judge finds Google destroyed evidence and repeatedly lied to the court [pdf]
#38"Organize the world’s information and make it universally accessible and useful"... Except when it makes us look bad.
with all this multiverse stuff... I suppose only whomever is part of google's universe can access it now. the rest are now in the "multiverse".
Re: Judge finds Google destroyed evidence and repeatedly lied to the court [pdf]
#39Earlier quoted context omitted.
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Governments should be in the habit of shutting down any and all enterprises at a drop of a hat. Any infraction should result in immediate termination + mass arrests as you correctly point out. Countries that have taken this approach (i.e. Cuba, Zimbabwe) have shown great success and flourishing, thriving economies.
Other reasonable option could be to remove the limited liability of corporations and just throw all shareholders to couple years of slave labour. At least in countries like USA where slavery is fully legal and costitutional.