Hard disagree on that one. Businesses calculate risk exposure and feign concern when forced (if ever) to pay fines after a lengthy legal battle in which the government goes up against extremely well-paid private lawyers that are financed from the profits of illegal activity. Compliance with the law is just a cost at this point.
And flippin' nobody goes to jail for white collar crime anymore.
Do you want to spend the rest of your afternoon reading about cases where businesses didn't get punished for not running according to the law? Even in the cases where they are punished, it's often well within the cost of doing business.
> Sometimes that doesn't happen with the govt
For example: right now. We have a buddy of the President deciding to lay off thousands of employees without any respect for the legal procedures for doing so.
Many of the largest businesses nowadays are run in the most immoral, cutthroat and corrupt way possible with armies of lawyers who’s job is to stall the process and find loop holes in the existing laws so they can keep operating with impunity.
Absolutely, and that's just in a well-functioning justice system. Run that cycle through a few times, and the government finally realizes that fighting losing battles in court is a waste of money, and gets extremely conservative about who they do choose to prosecute, opting only to prosecute when they are sure of a quick and decisive convinction--that further entrenches powerful players who are effectively immune from prosecution just because the government balks at the effort.
In a corrupt system, it gets even worse; businesses pay off government officials directly or indirectly, businesses hire lobbyists to write legislation that entrenches their positions, protects them from competition, and worse, actively stifles competition.
Every system tends toward corruption, regardless of the -ism, and regardless if it is privately or publicly run. The antidote is accountability. Unfortunately the American system has fallen into such bitter polarization that no political leaders are ever held accountable. So we get corruption, and it's compounding massively now.