Home / General / For Corporations, Sticks, Not Carrots

For Corporations, Sticks, Not Carrots

/
/
/
1547 Views

S1-Videos-Les-constructeurs-a-l-honneur-dans-le-palmares-2009-du-greenwashing-de-l-OIP-38738

Before this story gets totally forgotten, I want to revisit the Volkswagen issue. For it shows something that I point out repeatedly in Out of Sight (now available for a James Blaine campaign price of $18.84 if you have not purchased it) as well as Empire of Timber. Corporations simply cannot be trusted to self-regulate. It will never work because all the incentive is there for them to cheat. They want to profit and if the government isn’t watching, they will cut corners to do so. The auto industry has shown this for decades. Only sticks will work. You have to punish corporations–and specifically corporate executives with massive fines and jail time if you want corporations to obey the law and take safety and pollution seriously. One estimate has the Volkswagen emissions leading to approximately 106 deaths in the United States. VW will be punished for this, but if we want to stop other companies and other industries from similar evasion of regulations, we simply have to beef up our regulatory powers and funding for regulatory agencies significantly. Otherwise, other versions of this will happen again and again.

  • Facebook
  • Twitter
  • Linkedin
This div height required for enabling the sticky sidebar
Ad Clicks : Ad Views : Ad Clicks : Ad Views : Ad Clicks : Ad Views : Ad Clicks : Ad Views : Ad Clicks : Ad Views : Ad Clicks : Ad Views : Ad Clicks : Ad Views : Ad Clicks : Ad Views : Ad Clicks : Ad Views : Ad Clicks : Ad Views : Ad Clicks : Ad Views : Ad Clicks : Ad Views : Ad Clicks : Ad Views : Ad Clicks : Ad Views : Ad Clicks : Ad Views : Ad Clicks : Ad Views :