this post was submitted on 05 Mar 2024
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Mandatory jail sentences would be ideal.
Just to play Devils advokat here: Wouldn't that just completely discourage anyone from taking up a new CEO or similar role since you are now liable for some illegal activities that might have happened without your knowledge and long time ago.
You would at least need very good evidence beyond reasonable doubt that the person in question actively put into motion the illegal activity and knew that it was illegal.
Placing blame on a single individual might feel satisfying but does not nessesarly punish the correct responsible. When cooperations get as large as Nvidia, Intel etc. it functions in my opinion like one giant complex organism and legal issues like these are often systemic and involves hundreds of people who took decisions.
I think massive and progressive fines are in fact a good tool because it punishes the "organism" that is truly to blame and not an individual who might be to blame.
Disincentivizing people taking up massive responsibilities that affect the wellbeing of more than a hundred people, sometimes billions, is absolutely the best way to insure that only selfless and competent people take the position.
Fuck em, CEOs are a waste of space, just make everything a cooperative or something.
I think it is naive to think that only selfless and competent people will take the role then. If properly competent you'd see the massive risk of jail and be highly discouraged to take the position. Noone in their right mind would risk jailtime for a job position.
On the other hand, billionaires, risktakers and gamblers would be more than willing to take such a role for the power it gives. They don't really care since billionaires manage their risks with all the money they have, and risktakers and gamblers simply just dont care about it untill it hits them.
So it solves nothing
If selfish or incompetent people take the role they go to jail, if highly ethical people take the role they don't go to jail. Generally how laws are supposed to be written.
You act like Ethics are somehow subjective.
Well sometimes it is.. very much subjective... That's why different countries have different laws. Each country have subjective views on what should be punished or not and how much punishment is right. If Ethics is always objective and like a maths equation that can be solved we should all just have the same laws because it's objective.
Found the CEO.
Lol... You are not even trying to argue your case. Why are you getting personal? No need to be like that.
I think the communications failed around the time you started arguing against ethics themselves, with an added appeal to authority fallacy.