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by ocdtrekkie
1588 days ago
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Possibly, but if we're going to punish corporations, why not put capital punishment on the table? At what scale of massive recurring societal harm (Google, Facebook, etc.) should we confiscate all assets, disband the company, and auction off everything. |
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> At what scale of massive recurring societal harm (Google, Facebook, etc.) should we confiscate all assets [...] and auction off anything.
At the point where criminal fines and civil damages and penalties exceed the value of assets of the firm.
> disband the company
This is less clear. A difference between a juridical and a natural person is that you can't simply swap out the decision-making apparatus of a natural person. You can, if need be, to a juridical person like a corporation, so its not clear what purpose disbanding the firm (whether assets not needed to be obligations are returned or seized—the former being more analogous to the death penalty) serves.