They talk about broken promises and misrepresentation of what they would do after the merger. Corporations aren’t people and don’t have morals to stop them from breaking promises or just flat out lying. The only way they will do anything is if it makes them money or they are forced (regulated)
Corporations aren’t people and don’t have morals to stop them from breaking promises or just flat out lying
I think this is pure bullshit. In the end corporation are guided by people, who make decision and have a clear chain of command. When a corporation promise something, there are people behind that signed off the promise.
And you can punish a corporation by simply punishing the people who sign off what the corporatoion does, at any level. I mean, it is good to be the CEO and get the big bucks, fine, but if the corporation you are CEO of does something wrong it is your responsability to fix it and take the punishment for it.
I agree with you, but the organizations clearly have no morals. If you want to infer that means the boardroom occupants are a bunch of ghouls then sure. But we haven’t meaningfully held an executive to account for a corporation’s actions for a long time. The end effect is a sociopathic pursuit of money.
But we haven’t meaningfully held an executive to account for a corporation’s actions for a long time.
That’s exactly the problem but it not the same than saying “Corporations aren’t people and don’t have morals”.
Where’s the morality then? What have they done for their employees and customers that wasn’t forced by law?
Nothing. Which is what is showing that companies could be punished for not following the laws.
There aren’t laws saying the company had to tell the truth, so if they lie, what’s the punishment?
Edit: also, wouldn’t the power to punish them have to come from some sort of law or regulation? 🤔
There aren’t laws saying the company had to tell the truth, so if they lie, what’s the punishment?
Try to sign a contract (as company) lying about your obligations as see how it work.
What is missing is the will to punish them.