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- cross-posted to:
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I’ve long thought it absurd that you can go to jail for pissing in your neighbor’s well, but if you build a factory that dumps piss in everyone’s wells that’s just business.
so we will see the executives of oil companies being imprisoned?
#doubt
The 10 year jail time is just for when you throw your cigarett butt on the ground, CEOs will pay max 3%, and because it was the first 5 times they get 2.5% less.
And in the end, the ceo promises (WITH CROSSED FINGERS!) he will never do it again, and just plants some trees.
OK, would you take $50 million in profit in exchange for 10 years in prison? I bet a lot would.
What if guilty corporations faced nationalization? Fines & promises to never do it again aren’t adequate. Face real threat (losing control) for doing awful things.
A good step in the right direction.