But in fact, for the benefit of real live human beings, some corporations ought to be executed.When it comes to the serious crimes that big corporations engage in – pollution, corruption, fraud, threatening the lives of real Americans – the death penalty is off the table.

My guess is that most of the occupiers at Wall Street would be in favor of the corporate death penalty.

Some – like Richard Grossman – would criminalize the corporate form.

But if you want to take the incremental approach, here’s my list of five candidates for the corporate death penalty.

Health insurance corporations. Most western industrialized countries – with the exception of the USA – already have this death penalty in place. In those countries, corporations are not allowed to sell primary private health insurance. Instead, there is a public single payer – everybody in, nobody out. Under this death penalty proposal corporations like Aetna, CIGNA, UnitedHealth, and Wellpoint would be put out of business. And with a public single payer to replace them, we’d save billions of dollars and the lives of more than 45,000 Americans who die every year from lack of health insurance.

Nuclear power corporations. Do we really need a Fukushima here in the United States? We do not. Without government loan guarantees and federal limits on nuclear liability, the industry would be put out of business. So, we could simply cut the federal subsidy and that would be the end of it. And we should. A wide range of safer, cleaner energy options is available to replace the energy currently being generated by unsafe nuclear power.

Giant Banks. Wells Fargo. Citibank. Bank of America. JP Morgan Chase. Morgan Stanley. Goldman Sachs. They should be executed – broken up and replaced by smaller banks. Break up the big banks. And impose a hard cap on their size. No bank should have assets of more than four percent of GDP. There is support across the political spectrum for this proposal. During the debate over financial reform, the measure garnered 33 votes in the Senate – it was called the Brown-Kaufman amendment.

Fracking corporations. Hydraulic fracturing – fracking – is wrecking havoc in the northeastern part of the United States. Any corporation engaged in fracking behavior that threatens drinking water supplies ought to be put out of business. Anti-fracking activists in New York have already drafted legislation that would criminalize fracking corporations.

Corporate criminal recidivists. Legislatures should adopt provisions to strip corporations of their charters for serious corporate violations or for recidivist behavior. Some states already have such provisions, although they are rarely invoked.

Some corporations have been put to death for wrongful behavior, but they have been mostly smaller companies.

In 1983, the Attorney General of Virginia asked the state’s corporation commission to dissolve a book company convicted of possessing obscene films.

But when it comes to the serious crimes that big corporations engage in – pollution, corruption, fraud, threatening the lives of real Americans – the death penalty is off the table.

If we are serious about corporate crime, the death penalty is a deterrent that will work.

the above COPIED from

http://www.commondreams.org/views/2011/10/20/five-candidates-corporate-d...

Comments

DdC's picture
DdC 1 year 7 weeks ago
#1

All Trump's Billionaires
http://endingcannabisprohibition.yuku.com/sreply/1157/All-Trumps-Billion...
A Chicken Coup: Chicken Hawks and Chicken Littles

zapdam.'s picture
zapdam. 1 year 7 weeks ago
#2

DdC ,like you posted, Drumpf fascists ,making Americans hate again.

Gibbon 1 year 7 weeks ago
#3

I'd like to Trust-Bust and Pull Charters every day for as long as it takes... I doubt there's any multi-national or multi-billion$ industry that doesn't deserve to be shut down or broken up for something bad they've done to People. Corporations are Frankenstein's Monsters. We invented them & now they terrorize us. Pull the plug on the whole damn corporate system. Public Interest or no incorporation -- proven annually and always subject to review.

Gibbon 1 year 7 weeks ago
#4

Humankind managed to survive for a fair while before anyone had a coin or a dollar bill. Why do we believe it's so essential to have companies and even money to "make the world go 'round"? I suspect things before corporations were invented (like the East India Company!) weren't so bad.

zapdam.'s picture
zapdam. 1 year 7 weeks ago
#5

In the approximate 200 years since present day capitalism we practice today was invented, our 4 billion year old planet has gone from a pristine blue sphere to an overheating radioactive, chemically laced sewer, Capitalism is unsustainable.

gumball's picture
gumball 1 year 7 weeks ago
#6
Quote zapdam.:

In the approximate 200 years since present day capitalism we practice today was invented, our 4 billion year old planet has gone from a pristine blue sphere to an overheating radioactive, chemically laced sewer, Capitalism is unsustainable.

Turn off your computer and go live in the middle of no where for a year. Then come back and tell us how great things were 2000 years ago. If you have survived.

zapdam.'s picture
zapdam. 1 year 7 weeks ago
#7

Gumbo , quote "Turn off your computer and go live in the middle of no where for a year. Then come back and tell us how great things were 2000 years ago. If you have survived."
Gumbo, that is the stupidest statement you ever posted and there have been many. Suggesting because of my opposition to capitalism that without it we'd all be primitive people living in caves again. That statement is so dumb, so typical of a right winger, I almost was not going to comment on it.
Gumbo it is a fact ,before the advent of present day capitalism, our 4 billion year old world was a pristine lovely blue sphere and in the last 200 years of the earth's existence, we have managed to degrade our planet to the point where science is warning us we are at the tipping point of runaway overheating ,that will ultimately kills most of what's living on here. To suggest that fact doesn't exist and it should be business as usual is infantile in its logic , with puts you right in sync with your bought and paid for Republican party and Donald Drumpf. Congratulations on your mind numbing stupidity.

gumball's picture
gumball 1 year 7 weeks ago
#8
Quote zapdam.:Gumbo , quote "Turn off your computer and go live in the middle of no where for a year. Then come back and tell us how great things were 2000 years ago. If you have survived." Gumbo, that is the stupidest statement you ever posted and there have been many. Suggesting because of my opposition to capitalism that without it we'd all be primitive people living in caves again. That statement is so dumb, so typical of a right winger, I almost was not going to comment on it. Gumbo it is a fact ,before the advent of present day capitalism, our 4 billion year old world was a pristine lovely blue sphere and in the last 200 years of the earth's existence, we have managed to degrade our planet to the point where science is warning us we are at the tipping point of runaway overheating ,that will ultimately kills most of what's living on here. To suggest that fact doesn't exist and it should be business as usual is infantile in its logic , with puts you right in sync with your bought and paid for Republican party and Donald Drumpf. Congratulations on your mind numbing stupidity.

It is in the last 200 years that the human condition dramatically improved. Did it not?

zapdam's picture
zapdam 1 year 7 weeks ago
#9

Quote gumbo "It is in the last 200 years that the human condition dramatically improved. Did it not?"
Gumbo at what cost to the planet and everything living on it. Half of all the species in the world have disappeared just in my lifetime and now scientists are warning us, the planet is in peril of overheating and burning up, killing everything on it. So what value will that 4x4 pickup and that quad or the 100 billion dollars the Koch brothers have , be worth on a dead or dying planet.

gumball's picture
gumball 1 year 7 weeks ago
#10
Quote zapdam:

Quote gumbo "It is in the last 200 years that the human condition dramatically improved. Did it not?"
Gumbo at what cost to the planet and everything living on it. Half of all the species in the world have disappeared just in my lifetime and now scientists are warning us, the planet is in peril of overheating and burning up, killing everything on it. So what value will that 4x4 pickup and that quad or the 100 billion dollars the Koch brothers have , be worth on a dead or dying planet.

Not much. Good luck trying to tell billions of people that they need to sacrifice to save the world though.

zapdam's picture
zapdam 1 year 7 weeks ago
#11

Quote Gumbo, "Not much. Good luck trying to tell billions of people that they need to sacrifice to save the world though."

Gumbo shut down the US and more than half of the worlds pollution, the worlds heat trapping CO2 pollution disappears almost overnight. China number one factory polluter creating toys for the gluttonous US consumer market and the United States are number one and two worlds worst polluters.

https://www.pri.org/stories/2014-01-14/dirty-deeds-worlds-biggest-pollut...

gumball's picture
gumball 1 year 6 weeks ago
#12
Quote zapdam:

Quote Gumbo, "Not much. Good luck trying to tell billions of people that they need to sacrifice to save the world though."

Gumbo shut down the US and more than half of the worlds pollution, the worlds heat trapping CO2 pollution disappears almost overnight. China number one factory polluter creating toys for the gluttonous US consumer market and the United States are number one and two worlds worst polluters.

https://www.pri.org/stories/2014-01-14/dirty-deeds-worlds-biggest-pollut...

So just shut down the two largest economies and everything will be fine.....

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