Otter@lemmy.ca to World News@lemmy.worldEnglish · 5 months agoBoeing pleads guilty to a criminal fraud charge · BBC News - Worldwww.bbc.comexternal-linkmessage-square32fedilinkarrow-up1370arrow-down11cross-posted to: economics@lemmy.world
arrow-up1369arrow-down1external-linkBoeing pleads guilty to a criminal fraud charge · BBC News - Worldwww.bbc.comOtter@lemmy.ca to World News@lemmy.worldEnglish · 5 months agomessage-square32fedilinkcross-posted to: economics@lemmy.world
minus-squareModva@lemmy.worldlinkfedilinkEnglisharrow-up45arrow-down1·5 months agoGo after the individuals responsible, the company leadership created a culture which maximizes profits over safety. By simply fining them we are saying that the cost of human lives can be factored into the cost of business.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up11·5 months agoThey’re obeying the shareholders. So long as the corporate veil persists, they’ll keep finding fall guys who will take the risk. Yes I am aware of why the corporate veil exists, and it’s a bad reason.
minus-squareJoshuaFalken@lemmy.worldlinkfedilinkEnglisharrow-up4arrow-down1·5 months agoSo long as executives have a fiduciary responsibility to generate returns for the shareholders, they can dust their hands of making decisions that kill customers so long as a profit is made.
Go after the individuals responsible, the company leadership created a culture which maximizes profits over safety.
By simply fining them we are saying that the cost of human lives can be factored into the cost of business.
They’re obeying the shareholders. So long as the corporate veil persists, they’ll keep finding fall guys who will take the risk.
Yes I am aware of why the corporate veil exists, and it’s a bad reason.
So long as executives have a fiduciary responsibility to generate returns for the shareholders, they can dust their hands of making decisions that kill customers so long as a profit is made.