Corporate VS. Individual Responsibility

Susan Gustafson Business Ethics Professor Mark Matthews, Ph.D. March 12, 2004 bodied Crime--Who Should Be Held Responsible? Corporate vs. Individual Responsibility visit has shewn, that so far under the best of forms [of government] those with power have, in time, and by dumb operations, perverted it into tyranny. --Thomas Jefferson Rampant integrated crime has forced us to question, erstwhile again, whom society should hold accountable for damaging corporate decisions. When corporations pop off the law, should we hold them trusty as entities themselves, or should we hold a more inclusive view and hold individual agents responsible? Dark cable decisions are being brought to light by mart watchdogs much(prenominal) as Russell Mokhiber. He published a embrace on the top 100 Corporate Criminals of the Decade for the 1990s. In his enjoin Mokhiber stresses the high represent of corporate crime. Multiple hundreds of billions of dollars a year are stolen from ho near Amer icans at the hands of corporate criminals. These crimes embroil defilement and occupational diseases as well as those crimes much(prenominal) as price-fixing and fraud. While the Justice Department publishes an annual handle titled Crime in the United States, Mokhiber has found the argumentation to be noninclusive of corporate crime. Crimes such as price-fixing, corporate fraud, contamination and public corruption are not documented.

The list entirely reports street crimes committed in the United States annually. This is troubling as the cost of all street crime annually amounts to a mere $3.8 billion dollars whereas corporate crime is estimated to com! e at a cost of hundreds of billions of dollars annually. Here is a quote from Mokhibers report, The nest egg and loan fraud--which former Attorney General golosh Thornburg called the biggest exsanguinous collar swindle in history--cost us anywhere from $300 billion to $500 billion alone.1 This high cost of corporate malfeasance has engaged the... If you want to take up a across-the-board essay, order it on our website: OrderCustomPaper.com

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