Forum Post: Put a leash on Corporations. Help them modify their behavior.

As the saying goes:

"With Great Power comes Great Responsibility"

1 points by ZenDog (4699) 3 hours ago

The solution is really quite simple. You and I are required to carry car insurance, so that in the event of an accident compensation is available, regardless of liability.

There is no such system for large companies that pose risks to the communities where they operate.

We are not social engineers of course. Most of us live our lives, trying to get by, feed and house ourselves and provide for the kids. Most of us don't even think about these kinds of issues until we must, as a result of harm done, to ourselves or our neighbors.

Some of the people affected by this particular disaster lost everything - and probably have seen no compensation of any kind beyond immediate disaster assistance provided by organizations like the Red Cross.

That is inherently unfair. And to top it off - they must have access to expensive attorneys if they are to see even a dime.

Were the decision makers behind this shit hole taken from their homes in the middle of the night, and lynched, I can assure you, several things would happen:

those responsible would be prosecuted to the fullest extent of the law

social engineers of all kinds would come together, to design a system that creates an appearance of fairness, and it would most likely be a form of privatized insurance whose costs are passed on directly to the consumer; thus providing a new mechanism of profit for those social engineers, as well as the armies of attorneys who would litigate matters of liability just as they do now.

a more equitable solution would of course be a national system of liability insurance, much like the FDIC.

And it all begins with investing the social engineers, personally, in the maintenance of systems that produce fairness in the social setting.

Many of them are repelicans, who will not spend one dime unless they must.

↥like ↧dislike reply permalink [-] 1 points by DKAtoday (1667) from Coon Rapids, MN 11 minutes ago

One thing.

I agree corporations need to be held accountable for the damage they do.

I also agree that they should have to have some sort of liability coverage for the damage that they do.

But I believe that it needs to be set-up in a way where the cost is not passed on to the consumer.

I believe it should also be set-up so that it does not screw the employees.

All costs should be carried by the owners, board of directors and the executive officers.

When they are slapped with a bill for damages the corporations fees for services or price for product should be frozen, so that they can not pass the cost on to their customer. Their employee base should be frozen as well so that the employees do not get laid off to pay for costs.

If their insurance coverage is not enough to cover the damages, then the owner's, board of directors, and executive officers assets should be attached/sold/confiscated to cover what is missing, again freezing their income with the same restrictions as above to protect the employee's and customers.

Make them take serious consideration for their actions and seriously accountable for mistakes/damages.

The Insurance Providers must be restricted from spreading cost outside of the corporate insurance coverage, they can not be allowed to recoop expenses from other insurance sources.