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by jacquesm 3644 days ago
> capital punishment for companies

That's the second time today I see this, is this some kind of meme?

2 comments

Yes, but it's been around for years.

If corporations are persons, and they can commit felonies, why not give them punishments that are analogous to what you'd give a person who committed a felony?

> If corporations are persons, and they can commit felonies, why not give them punishments that are analogous to what you'd give a person who committed a felony?

Because corporate personhood is a legal fiction, and a corporate death penalty doesn't really hurt the people who a corporation stands in for very much, and hurts lots of other people a lot.

a corporate death penalty doesn't really hurt the people who a corporation stands in for very much

I know, that's why I included prison.

Corporate death would just be another form of bankruptcy, which hurts shareholders and employees but wouldn't harm anyone else. Actually since this would be a rare form of bankruptcy with plenty of assets, it could be set up to pay restitution to various corporate victims as well.
I wasn't aware of its prevalence, but hey. Great minds yadda yadda.