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Stuart Brasted's avatar

https://broligarchy.substack.com/p/meet-the-real-ai-rogue-agent-lord?img=https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F2c74cfb6-863b-4bb2-aaeb-7170831a19fd_2240x896.png&open=false

Carole Cadwalladr and her cohorts keep on exposing the depth of corruption at the top. The fact that tech behemoths treat fines and court settlements simply as the cost of doing business underscores the ineffectiveness of legal redress. Corporations are treated as having the same rights as individuals, yet when they are capable of irrevocable harm, they should forgo their rights to liberty in the same way that an individual may face prison. Equivalence would be achieved if in the event of criminal negligence, corporations could be forced to cede their equity rights to the state. CEOs and boards would then be accountable for the risks that their corporations pose if they knew that their entire assets could be forfeited in the event of foreseeable harm to the community ( as in China). Capital would then be answerable to the community. There are precedents. When fraud is committed, a court appointed administrator may step in to see that compliance measures are carried out, directors get disqualified or companies wound up. Surely that threshold has already been breached with scandals in the tech space that have been exposed.

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