I’m not happy with a company causing provable harm with criminal negligence simply being deterred from doing it again. No, I want justice, I want them to be punished, because I want to see justice. I want all their profits taken away from them, and possibly even more.
I’m not even convinced this is actually a good deterrence. Companies have been criminally negligent since the birth of capitalism. They have caused immeasurable harm in multiple schemes in many ill guided attempts of making more and more money. These companies have gotten several fines, some CEOs have even been imprisoned, others have been forced into bankruptcy, and yet we see companies being criminally negligent, causing more harm, starting new malicious schemes, again and again. If these fines are supposed to be a deterrence, they are obviously not working.
I agree that we should find a better deterrence, but can we cool it with blaming “capitalism”? Is socialism some new drug that will suddenly eradicate selfishness? Has there ever been a documented case of a society that went socialist and no one did anything selfish? The problem isn’t the system, it’s the people.
There is no amount of “process improvement” that is gonna change basic human nature.
I never blamed capitalism for this. I merely stated that this happens under capitalism, and it keeps happening, even when the justice system is applied in an effort of deterrence.
Now I do believe that capitalism is a bad system that should be abolished. However I am aware that that isn’t going to happen any time soon. In the meantime I’ll settle for companies and CEOs being held responsible for the crimes they commit under the influence of the profit motive. I’d also be happy if we would do something to abolish the class of ultra-wealthy, or at the very least strip them off their influence over our democracy.
You are explicitly blaming capitalism for this, as you seem to imply some other system wouldn't allow for human greed and selfishness, but my point was that those are natural human traits and every single societal system ever conceived must deal with them. There is no system that can be created that will somehow magically remove those traits.
If you wanna abolish capitalism, what system do you think should take it's place that wouldn't have human selfishness?
Just to be clear:
> I merely stated that this happens under capitalism, and it keeps happening, even when the justice system is applied in an effort of deterrence.
is an explicit accusation against capitalism in exclusion of some other system.
As I said, above, humans have been negligent since time immemorial. People put in charge of companies in socialist systems are also criminally negligent, usually though there are even fewer consequences for them.
I’m not even convinced this is actually a good deterrence. Companies have been criminally negligent since the birth of capitalism. They have caused immeasurable harm in multiple schemes in many ill guided attempts of making more and more money. These companies have gotten several fines, some CEOs have even been imprisoned, others have been forced into bankruptcy, and yet we see companies being criminally negligent, causing more harm, starting new malicious schemes, again and again. If these fines are supposed to be a deterrence, they are obviously not working.