Otter@lemmy.ca to World News@lemmy.worldEnglish · 6 months agoBoeing pleads guilty to a criminal fraud charge · BBC News - Worldwww.bbc.comexternal-linkmessage-square32fedilinkarrow-up1373arrow-down11
arrow-up1372arrow-down1external-linkBoeing pleads guilty to a criminal fraud charge · BBC News - Worldwww.bbc.comOtter@lemmy.ca to World News@lemmy.worldEnglish · 6 months agomessage-square32fedilink
minus-squareModva@lemmy.worldlinkfedilinkEnglisharrow-up46arrow-down1·6 months agoGo after the individuals responsible, the company leadership created a culture which maximizes profits over safety. By simply fining them we are saying that the cost of human lives can be factored into the cost of business.
minus-squareJoshuaFalken@lemmy.worldlinkfedilinkEnglisharrow-up4arrow-down1·6 months agoSo long as executives have a fiduciary responsibility to generate returns for the shareholders, they can dust their hands of making decisions that kill customers so long as a profit is made.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up11·6 months agoThey’re obeying the shareholders. So long as the corporate veil persists, they’ll keep finding fall guys who will take the risk. Yes I am aware of why the corporate veil exists, and it’s a bad reason.
Go after the individuals responsible, the company leadership created a culture which maximizes profits over safety.
By simply fining them we are saying that the cost of human lives can be factored into the cost of business.
So long as executives have a fiduciary responsibility to generate returns for the shareholders, they can dust their hands of making decisions that kill customers so long as a profit is made.
They’re obeying the shareholders. So long as the corporate veil persists, they’ll keep finding fall guys who will take the risk.
Yes I am aware of why the corporate veil exists, and it’s a bad reason.