Boeing execs should be held criminally accountable for their leadership that has resulted in this mess.
People should be in prison.
People should be in prison.
The latter, I hope were better than that. And to prohibit the possible offenders here, no need to jail them. Just forbid them from serving in capacity that can cause such harm: bar them from serving in executive or decision making role.
Number 4 obviously doesn't apply in the US justice system, but number 3, deterrence, is imho the major argument for putting executives or employees in prison. The threat of punishment can be a strong motivator, especially in corporate settings. But it only works if punishments are actually delivered after someone crosses the line
Which would seem to suggest that stuffing even more people into prisons may not help much; what we really need is to dial back some of the gutting of regulatory bodies that's made it so easy for corrupt behavior to flourish in the first place. Sunlight continues to be the best disinfectant.
And you can kind of see it on an international scale? The "better regulation" approach is favored by places like EU countries, while the "throw the leaders in jail" approach is more favored by places like Russia and China that don't exactly seem to be ideal role models for how to keep corporate corruption in check.
Imagine something similar to Chapter 11 in which they are temporarily protected from their creditors, but at the same time cannot function.
The concept of corporate personhood is laughable when the most powerful method of coercion that the state has to ensure all people obey the law is completely inoperative for corporate people.
Why can't I just reincorporate myself as a Delaware C Corp, shoot up a school, and then pay a fine and walk away?
https://www.foxbusiness.com/fox-news-crime/mcdonalds-employe...
> Joshua Daryl McGregor, 34, was working at the restaurant on 2701 Montgomery Ave. in April 2023 when he became frustrated that the store was too busy
> McGregor lit a piece of cardboard on fire and threw it into the dumpster outside the restaurant that was already full of cardboard and other flammable materials. He ensured the fire ignited before going back inside the restaurant, according to the press release.
> He also filmed the fire with his cell phone and posted the video on social media
> The fire became so intense that customers in the drive-through lane needed to back out of the parking lot
> Savannah Fire Department worked to put out the fire
Compare, for example, to hitting a cyclist with a car causing spinal injuries and brain damage and then fleeing the scene. He got charged with a misdemeanor and 90 days jail time which he didn't even serve because it was a suspended sentence.
What's the difference between these two cases where both seem to have wildly disproportionate sentences given the details of the crime? One was a minimum-wage macdonalds employee and the other was an investment banker.
https://abcnews.go.com/Business/martin-erzinger-morgan-stanl...
A small example: most battery-powered hand tools (drills and co) use 18-21V lithium batteries, with the same connectors for all manufacturers, as a result you can buy some tools from one brand, some from others and swap batteries issueless. We do the very opposite, not only some vendors even insert a small "intelligence" in batteries to impede the use with tools not identify as belonging from the same registered buyer, formally "to avoid stealing" etc. Car parts are the same.
A working industrial system need open standards for interoperability and competition, need a universal school systems where most R&D are public and the private sector pick ideas from them. So marketed ideas are good for users, not for some vendors against their customers. We have had essentially that in the past, when all westerns economies was working well. We have abandoned that to fully go financial. Current state of thing where an entry level BEV from China cost ~9000€ in Thailand and the very ~40.000€ in the EU. We still have some high-tech dominance, but not for long and not without automotive and mid-tech mass industries in general. We can only recover ANNIHILATING private-public partnerships, putting back well funded public research based on research and development goals not short-term profits, stating clear to the private sector: you can loose talents for the public or starting to follow the new-old system.
This should been able to fix in a decade or so, if the WWWIII get postponed. In a shorter timeframe I doubt anything better than the current disaster could be done.