I tried reading this in incognito and on outline and neither worked. Oh well.
fyi, Chrome 76 in beta with undetectable incognito mode. https://twitter.com/paul_irish/status/1138471166115368960
Walmart Pleads Guilty After a Decade of Bribes
21–30 of 214 posts
Re: Walmart Pleads Guilty After a Decade of Bribes
#22> Walmart was able to negotiate a lower fine after President Trump, who had previously criticized the Foreign Corrupt Practices Act, took office. Can anyone explain a reason why someone who isn't a cad might not agree with the FCPA (ie. for reasons that aren't "money good, ethics bad")? This isn't a dig at Trump. I just don't understand the law well enough to know how angry I should be.
In theory it could unfairly handicap American companies relative to foreign companies. This doesn’t seem to have happened much in practice though so I support the FCPA. Corruption is a big scourge in many countries and it is a really good thing American money is prohibited from exacerbating the issue.
> In theory it could unfairly handicap American companies relative to foreign companies.
This really sounds a lot to me like "money good, ethics bad".
Re: Walmart Pleads Guilty After a Decade of Bribes
#23Earlier quoted context omitted.
In theory it could unfairly handicap American companies relative to foreign companies. This doesn’t seem to have happened much in practice though so I support the FCPA. Corruption is a big scourge in many countries and it is a really good thing American money is prohibited from exacerbating the issue.
> In theory it could unfairly handicap American companies relative to foreign companies. This really sounds a lot to me like "money good, ethics bad".
That is basically a summation of “national interests” in the sense that politicians use it.
Re: Walmart Pleads Guilty After a Decade of Bribes
#24“Culture is the foundation of everything we do at Walmart. We define culture as our values in action..
Service to the customer
Respect for the individual
Strive for excellence
Act with integrity”
-Wal Mart’s horseshit values statement, the same as the value statement of every other corporation. Why does every company bother doing this again?
Re: Walmart Pleads Guilty After a Decade of Bribes
#25Just a fine of ~280 mil, no jail time for any responsible. If corporations are people, why can't we jail walmart?
I wouldn't want to jail Walmart. That doesn't benefit anyone, it's just punitive. Jail the executives responsible under the usual criminal law.
Re: Walmart Pleads Guilty After a Decade of Bribes
#26Earlier quoted context omitted.
How should one interpret it then?
From the Wikipedia page: "Although the decision does not address "corporate personhood," a long-established judicial and constitutional concept, much attention has focused on that issue."[0] "How should one interpret [the case] then?" Recognize that Citizen's United is _not_ about corporate personhood, and actually read what the case was about. The number of times I've heard people making snarky remarks about Citizen…
That's all well and good, but 'frequentnapper did not actually say anything about Citizens United in the first place.
If corporations are people, we should jail them. If corporations aren't people, why do they have legal rights independent of the individual, jailable people who constitute them?
Re: Walmart Pleads Guilty After a Decade of Bribes
#27Is 280M just a speeding ticket? I wonder if they are met ahead or behind because of the policy.
It's just a speeding ticket. They are ahead.
Re: Walmart Pleads Guilty After a Decade of Bribes
#28Just a fine of ~280 mil, no jail time for any responsible. If corporations are people, why can't we jail walmart?
Corporations aren't people. You're misrepresenting Citizens United
The gp comment doesn’t seem to mention citizens united ... why bring it up in response to a comment about corporate personhood? It is almost completely non sequitur
Re: Walmart Pleads Guilty After a Decade of Bribes
#29Just a fine of ~280 mil, no jail time for any responsible. If corporations are people, why can't we jail walmart?
Corporations aren't people. You're misrepresenting Citizens United
Citizen's United is not the only case relevant to the idea of corporate personhood. There's a whole history of corporations earning rights usually reserved for people.
You can read the wikipedia page for "corporate personhood" if you want to learn more about the history of it and specific cases and rights afforded to corporations.
Re: Walmart Pleads Guilty After a Decade of Bribes
#30> Walmart was able to negotiate a lower fine after President Trump, who had previously criticized the Foreign Corrupt Practices Act, took office. Can anyone explain a reason why someone who isn't a cad might not agree with the FCPA (ie. for reasons that aren't "money good, ethics bad")? This isn't a dig at Trump. I just don't understand the law well enough to know how angry I should be.
I will just play devil's advocate. Sometimes different cultures have very different ideas about what is an ethical way of doing things. If you're passing judgement on Walmart here, I think you're also passing judgement on Brazilian culture. Of course, you're welcome to do so, and I might even agree with you. But if you want to fine Walmart for doing things the "Brazilian way" while operating in Brazil, then I think i…
That assumes corruption exists in these countries because people are OK with it, but that doesn't square with everything I've read about corruption. It exists because corrupt systems are difficult to dismantle.
By analogy, imagine someone from outside the US making the argument that it's "just our culture" that makes it OK for a lobbyist to walk into a senator's office with a $20,000 check in hand ready to discuss policy. That's a situation almost nobody is happy with here - it's not a "cultural difference" but a difference in how power structures have been built up over time through a concerted effort by very small groups in a larger society.