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by emodendroket
3435 days ago
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Do you ever read the newspaper? Do you remember Enron? Robosigning? Wells Fargo helping Mexican cartels launder money (https://www.theguardian.com/world/2011/apr/03/us-bank-mexico...)? Conflict minerals? Nestle and slave labor (https://www.theguardian.com/sustainable-business/2016/feb/01...)? There seems to be plenty of evidence that corporate malfeasance is a serious problem. And, yes, there are certainly lots of compliance programs out there, but I'd argue those have more to do with avoiding enforcement action than necessarily adhering to the law. I'd guess Wells Fargo (Wachovia at the time) had a compliance department while they were laundering money for drug cartels and yet it still happened. I find it eminently believable that many or even most US companies would comply with an illegal request from US intelligence agencies. |
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The image of the world as it’s shown in the media is extremely biased. Watch this: https://www.ted.com/talks/hans_and_ola_rosling_how_not_to_be... The video is about inequality and education, but the topic of corporate crime is skewed just as much.
There are 6 million companies operating in US, employing 115 million people. If the majority of them were breaking the law, you’d knew about that not just from the media but also from some of those 115 million people who happen to be your friends and family.
> I find it eminently believable that many or even most US companies would comply with an illegal request
I don’t find it believable because I don’t see motivation for such compliance.
In an authoritarian state, a government can abruptly take away your business (https://en.wikipedia.org/wiki/Euroset) and optionally throw you in jail for 10 years (https://en.wikipedia.org/wiki/Yukos) if you don’t comply, and you can’t do anything against it. That’s a strong motivation to comply. I don’t see such motivation for western companies.