As I've been watch Spartacus this really hit a cord with me and basically how even what may seem like, to some, limited justice, it is still evidence of progress.
Things take time which is hard to deal with considering other things in our lives move faster than ever. I did ask a friend once that if the FCC getting rid of net neutrality requires Google or SpaceX to launch a better way to connect to the internet does that further justify capitalism? I.E. Do failures of capitalism not exists over a long enough time horizon?
*This was just a thought not something I subscribe to.
I agree. Eventually, the market should figure out that excessive goals lead to bad actors reducing long term value. So losing money on investments is as good of a feedback mechanism as any I can think of.
They are paying huge fines, 27 billion set aside, which is providing a large shareholder "haircut."
Punishing those responsible individuals is the only way to change future behavior of individuals that will eventually hold such positions.
Also, you're completely ignoring how many people these corporations employ that had nothing to do with this. What do you propose for those laid off after a "haircut?"
Individual bad actors or a cohort of bad actors often are what make these companies bad in the first place so punishment for them along with financial penalty in the form of fines is pretty close hitting everyone who should get hit as is.
Things take time which is hard to deal with considering other things in our lives move faster than ever. I did ask a friend once that if the FCC getting rid of net neutrality requires Google or SpaceX to launch a better way to connect to the internet does that further justify capitalism? I.E. Do failures of capitalism not exists over a long enough time horizon?
*This was just a thought not something I subscribe to.