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This should absolutely happen. And it’s not just because corporations bad. It’s because it would fix the process of risk analysis and decision making.
It’s one thing to have an accident or run into unintended consequences of business decisions. Maybe some of those could carry the death penalty in extreme cases of negligence, but probably not the vast majority.
But if the company spent decades lying and conspiring in order to make some money while destroying lives and killing people left and right? The government should seize all shares of the company (yes even the ones in our 401ks) overnight and detain the officers and directors of the company for the criminal investigation.