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markovbot | 3 years ago

What would that entail? Do you think their investors, who have profited off the harm they've done, should face any repercussions?

discuss

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throwawaymaths|3 years ago

No need to do that. Just liquidate the company, and give nothing to the investors. The threat of corporate death penalty and a 0% yield on your investment (not a good track record) will help CEOs think twice before they do something stupid on behalf of their investors.

sib|3 years ago

That would be a -100% yield on investment, not 0%.

tomxor|3 years ago

They should never be allowed to own or invest any business again, in part of full, for the rest of their lives (including as an indirect beneficiary via family or friends). On top of a hefty personal monetary penalty... bring them back down to the level of us filthy peasants so they can reap what they sow.

This would help dissuade people from using companies as proxies to do evil things for profit without consequence. Since it puts you at high personal risk of burning your one lifetime chance at entrepreneurship.

Or maybe fix capitalism somehow i duno (yes this is hard).

vondur|3 years ago

If the company is shut down, then they lose any investment that they've made in the company. Most investors have little knowledge of the day to day operations of a company.

tomxor|3 years ago

> Most investors have little knowledge of the day to day operations of a company.

That's part of the problem.

matheusmoreira|3 years ago

Roll back the game. Identify when the crime took place. Every transaction after that point is invalid. All profits made must be paid back. The corporation may resume its operations under new leadership after the rollback is complete.

If that's too hard then just wipe out the company. They're not humans, they don't have rights, they don't feel pain.

markovbot|3 years ago

So the people who funded the crime should just go free?

sib|3 years ago

Well... losing their entire investment would certainly be a repercussion.