this post was submitted on 06 Nov 2023
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[–] m_r_butts@kbin.social 187 points 1 year ago (4 children)

I'd like to see a law where this immediately dissolves the company.

[–] kool_newt@lemm.ee 83 points 1 year ago (3 children)

Yep, there needs to be real consequences. In addition, no member of that board or executive team should be able to act in those positions in any company for like 5 yrs.

[–] lightnsfw@reddthat.com 68 points 1 year ago (1 children)
[–] ProdigiousWumpus@kbin.social 31 points 1 year ago (1 children)

That would be a very effective way to keep them out of those positions.

[–] jaybone@lemmy.world 6 points 1 year ago

Can you not be on a company board from prison?

[–] Fades@lemmy.world 15 points 1 year ago* (last edited 1 year ago)

The rich and powerful don’t live by the same set of laws, so there won’t be. Best they can do is a slap on the wrist with no further impact.

Amazon has remained untouched from their price fixing, AmazonBasic product rip offs, union busting, poor worker conditions, etc.

This too shall pass uneventfully

[–] jaspersgroove@lemm.ee 12 points 1 year ago (1 children)

Corporation - n.

An ingenious method for securing individual profit without individual responsibility.

  • Ambrose Bierce, The Devil’s Dictionary
[–] kool_newt@lemm.ee 1 points 1 year ago

Damn you for being exactly right!

[–] EnderMB@lemmy.world 35 points 1 year ago* (last edited 1 year ago) (1 children)

Honestly, I don't think the company needs to be dissolved, but I think that accountability for the law should exist at director level and up. For a company the size of Amazon, that's probably around 100 people that should face the consequences - and that's only the retail org.

The best description of Amazon is that it is a management company. It's not a retailer, or a tech company. It's output is its management process, and it's this that it uses to build products in different markets.

So, remove the source of those processes. Let people move up to higher roles, and let someone not breaking the law take the senior positions.

[–] Wermhatswormhat@lemmy.world 12 points 1 year ago (1 children)

Yeah but then how would I be able to get that napkin holder that I ordered in my underwear delivered tomorrow! You don’t understand how much I need this thing right now even though I can’t be bothered to get dressed and drive my ass to the store.

[–] cmbabul@lemmy.world 9 points 1 year ago

How about if the company is so large and sewn into the fabric of the modern world then instead of dissolving the company it instantly becomes a public utility, turn the shares into treasury bonds, and jail the executives?