When a dealer that’s more predatory and businesslike than the norm—one who doesn’t live with his mother—goes down, the Feds confiscate his assets (before sending him to jail for graduate work in gang studies and homosexual rape).
But compared to corporations, dealers are penny ante.
So, last I checked, corporations were legal persons—with rights of free speech, and everything.
But who said corporations got to live forever?
Suppose a corporation ends up murdering people. Why shouldn’t the corporation become legally defunct, and its assets confiscated by the government, just like the dealer’s would be?
Yeah, yeah, the shareholders. Last I checked, the shareholders were supposed to be the owners of the corporatoins—so they’re responsible for what it does, right? So, if they have information that they hold stock in a murderous corporation, they should sell it, right?
Seems to me like this puts all the incentives where they ought to be. The executives have a new spur not to do bad, illegal stuff like murdering people, and the shareholders have every incentive to exercise due diligence. And neither party wants to lose their assets to the government.
I’d start out with the health insurance companies, because they really are murdering people by determining treatment instead of doctors, and denying people care.










Front page
lb, you can't diss our owners
It just won’t fly. It’s not like CIA doesn’t already monitor this site - you don’t need to bring down the corps on us, too.
Jeebus, lb, get a grip.
Jake
people come first? hahahahaha, don't make me laugh
profit comes first, and then only when it comes to the hands of Our Betters. this has always been true, and to imagine that it shouldn’t or will not be true is treasonous, islamofascist, unreasonable, silly, dirty and hippie, ridiculous, stupid, not realpolitik, uncivil…have i left anything out?
get a grip, lb. clearly, you’re not “serious” and shouldn’t be taken seriously by serious people. sleep, consume, reproduce, and above all, stop thinking. you’ll upset people.
Corporate death penalty
I’ve been saying this for years. Couple of big Corps liquidated, you will see real good citizens—the corps and their shareholders who will flee at the slightest whiff of criminal greed.
Try them and then hang them.
Quo Warranto
There is a death penalty for corporations: it’s called a quo warranto action and the attornies general of most if not all states can bring this action to dissolve a corporation that is incorporated in that state. There was a campaign a few years back to get Cal’s AG, Bill Lockyer, to do just this to UNOCAL. Quo warranto actions should be encouraged. Why not?
Seems like the impeachment apparatus at the state level...
… has a new task in front of it. Quo warranto… Interesting…
No authoritarians were tortured in the writing of this post.