what happens when a corporation causes harm? a slap on the wrist? a tiny fine, a fraction of the profit from their exploitation? What happens when they deceive the population?
How does this sound. Should a corporation be found guilty of gross negligence, deception, or fraud, all stock, ownership and rights are moved to the non-management employees, to create a co-op or employee owned organization. Should this new organization continue such behavior, then the company is shuttered, and all assets go to the public trust.
Yes, many details to work out, but it seems to me that investors will be wary of putting their money in jeopardy with a company that has shady business practices. The Co-Op model would preserve employment, while not rewarding management for their negative behavior.
Just a thought, feel like discussing? Isn't that one of the purposes of this particular medium?