[orthecreedence]

"What good will it do society to punish people who do heinous things to others?" It acts as a great deterrent to keep other corporate stooges from entering into high-risk activities. In many cases I advocate for "restorative justice" as opposed to punishment, but in the case of faceless corporations we can crash their value to 0 and call it even.

We have a system of private ownership where the owners get to reap the rewards of others' labor, but when they do something wrong they pull the "but think of the employees" bullshit. No. Full ownership, full liability.

[scott_w]

Bankrupting J&J would achieve none of the things you say you want. It would just mean the first to sue gets everything and everyone else gets nothing. The assets get stripped and sold off to the next company who can just continue to do the same thing.

[littlestymaar]

> The assets get stripped and sold off to the next company who can just continue to do the same thing.

But the shareholders of J&J lose everything, making the ones of the next company think twice before doing the same… Whereas with the shell company bankruptcy, J&J shareholders losses are limited, and they still own and run the company that killed thousands of people.