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Yikes.
this post was submitted on 03 Jul 2023
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It's not just changing the law of a country though, I'm pretty sure some degree of private property is in the Human Rights and would require changing international law. Not to mention it would open a whole another can of worms.
And by the way, I wasn't talking about re-investment, more like those CEOs funneling all of their money into some backwards fund or hiding it with fake IDs, You can't accurately seize assets if those "assets" can be hidden or saved somewhere else. They just pass off as bankrupt, lose their debt and get buck in business with the same money they had before.
Are you seriously trying to argue that corporations should be allowed to get away with harming humans, because human rights? We're not discussing the current system, were discussing what would be the most fair. Is this really the take you want to go with?
Some places execute criminal people, why should criminal organisations be any different? With those, there doesn't even have to be any actual killing involved. But you think its untenable because it would harm the people who own it, and benefited from the crime?
The only reason hiding personal wealth in that way is possible, is because government lets it happen, mostly because the people making the laws, do it too.
That should obviously stop.