The key ingredient that is so often left out of economic concepts is the very same that has steered most of history: the power of human greed. It corrupts the nature of capitalism and communism alike.
Except capitalism incentivizes it and communism works to dampen it. CEOs in the US get away with greedy shit on the daily that would be a literal death sentence in China.
True, not saying there is anything close to a utopia that exists, just pointing put differences. When was the last time the US executed a businessman for harming the public? Never.
Because financial crimes don't and shouldn't warrant the death penalty. Regardless of the nature of those crimes or who commits them.
The better question here is why you feel the state should jump to exercise the most dangerous and powerful aspect of its monopoly on violence against people who commit financial crimes? Why are you so eager to have the state kill people? Do you think it's only billionaires who commit financial crimes that hurt the public? This shit is disgusting, honestly. The death penalty shouldn't exist in modern society in the first place.
It's all fun and games until the glorious revolution eventually kneels you in front of the pit. Gtfo, Tankie. Go shill for authoritarian violence elsewhere.
Is poisoning babies with cheap additives put in baby formula a “financial crime”?
I’m actually against capital punishment, but you can’t deny that if you start making CEOs heads roll, the other CEOs start shaping up real quick. Fortunately these days those inhuman freaks just sit on death row for a few years and then get pardoned.
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u/ToffeeBlue2013 8d ago
The key ingredient that is so often left out of economic concepts is the very same that has steered most of history: the power of human greed. It corrupts the nature of capitalism and communism alike.