7 ms·

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

throwawaymaths 4y 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 4y ago
  That would be a -100% yield on investment, not 0%.
  - throwawaymaths 4y ago
    Thank you, you are correct
tomxor 4y 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 4y 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 4y ago
  > Most investors have little knowledge of the day to day operations of a company. That's part of the problem.
  - markovbot 4y ago
    I bet it would change if we started locking them up :)
matheusmoreira 4y 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 4y ago
  So the people who funded the crime should just go free?
  - adgjlsfhk1 4y ago
    well they probably get fired and sued by the stockholders.
sib 4y ago
Well... losing their entire investment would certainly be a repercussion.

throwawaymaths 4y 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 4y ago
That would be a -100% yield on investment, not 0%.
- throwawaymaths 4y ago
  Thank you, you are correct

tomxor 4y 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 4y 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 4y ago
> Most investors have little knowledge of the day to day operations of a company. That's part of the problem.
- markovbot 4y ago
  I bet it would change if we started locking them up :)

matheusmoreira 4y 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 4y ago
So the people who funded the crime should just go free?
- adgjlsfhk1 4y ago
  well they probably get fired and sued by the stockholders.

sib 4y ago

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