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Politics : View from the Center and Left

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To: thames_sider who wrote (94517)	11/7/2008 10:13:49 AM
From: Sam	Read Replies (1) of 541477

So would you favour letting all three US car companies - GM, Ford and Chrysler - go bankrupt? Probably this would also bring down their main suppliers Delphi and Visteon, plus maybe a good few smaller firms. Not to mention the ripple effect in the communities that they are in. Rather than letting them go bankrupt as a lesson to other companies, it would be better to take the top 5 or 10 people in their managements of the past 30 years or so, plus members of their Boards, and throw them all into a high security prison, allowing their families to keep only a token amount of money. That is the way to get the attention of CEOs and Boards everywhere. This isn't an original suggestion. Machiavelli suggested long ago in the Discorsi (Bk 3, chap 1) that a salutary custom would be take a few of the "leading" citizens of any polity every 10 years or so and kill them to serve as an example to the others. That would be the only way to keep them honest.

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