Corrections and clarifications: John Rust is the former chair of the board of Rose Acre Farms, Inc. His brother and CEO of the company, Marcus Rust, took over the role of board chair in September.
A verdict in a federal lawsuit over price-fixing by some of the country’s largest egg companies has bled into Indiana’s 2024 U.S. Senate race.
Doubt it. There will always be a new slew of psychopaths to fill in. Plus punishment has never been a good deterrent. Even less so for these types if people.
You really want to stop it you need to start holding shareholders accountable. They’re the source of the problem.
Punishment is a deterrent when people know there’s a good chance of getting caught. What isn’t a deterrent is very harsh penalties for crimes people expect to get away with.
Not according to basically every study done ever. People don’t think they’re going to be caught. In fact it rarely even comes into their thinking. Plain and simple. More so than that I guarantee you the kind of people that become CEOs certainly never think they’re going to be caught. These people think they’re above the laws and rules already. 100% guarantee you the threat of punishment would not stop a CEO from committing a single crime.
Do you avoid parking illegally? Do you drive at some approximation of the speed limit when you know you could safely go much faster? Do you always pay for things at stores run by big greedy corporations? Do you pay your taxes?
I do all of those things. Not a single freaking one because I’m worried about punishment. I think it’s odd to suggest that the only reason you do what’s right is because you’re scared of punishment I find that a very disturbing mindset.
You’re essentially making that old Christian argument right here. That people that don’t follow the Bible and Christianity can’t have any morals. They say that if you’re not scared of damnation what would stop you from raping people or murdering people. Which is always been a horrifying thing to hear because it suggests these people would love to be raping and murdering people if it wasn’t for a shadowy sky figure saying no. That’s the argument you have aligned yourself with. Now if you have no problem with that fine, but I would hope any rational person would see the problem with that argument.
It’s not the same argument because I’m not saying I’d do things I consider unethical. I’m saying I’d do a lot of things that are illegal but not unethical if I wasn’t worried about getting caught.
And that’s a you problem.