White-collar enforcement is at an all time low: https://www.bloomberg.com/news/articles/2020-08-10/trump-ove...
Low regulations AND low government involvement.
So lots of people can build widgets. Companies that do a bad job find they have no customers.
New companies pop up, do a better job and things get cheaper and or better.
High regulations means that new companies need massive capital to enter the market. So much so that no one bothers.
When only 1 company builds a widget. Well odds are it’s going to be low quality and expensive.
Now this all has to balanced that you don’t massive unsafe planes flying around by companies that have no reputation to preserve.
Whoops, we took out the Golden Gate Bridge, again. We will go out of business and company mark 3 will try again
Huge natural barriers to competition.
This seems like a clear fact, and yet many will call you a conspiracy theorist for pointing out the obvious. It's probably a symptom of the tribalist aspect of red vs blue. People need to be de-programmed of the team sports to finally realize that their "side" is beholden to corporations and not the people. Only then will we see real action to criminalize white collar behavior.
The Boeing situation is a little different, of course, since it really did kill a bunch of people.
No one can prove a specific Boeing executive's actions caused people to die. There would have to be an email from the executive stating
"I think we should cut costs here and here and I acknowledge this may cause x% of passengers to die".
And they're not going to put something like this in an email either:
"Meet with the guy that used to work for us who now works at the FAA and get him to waive or lower so and so standards so this plane can fly and we'll owe him".
Lessen the punishment of street criminals.
I see your point and it's hard to imagine that a person stealing say, some food, because they're starving may do time in prison and yet the author of a multimillion shenanigan goes scot-free, yes that's not fair at all, but lowering the punishment for street crime will make us average people even more miserable. The only rational thing to do is start punishing white crime seriously so it is a huge deterrent. Currently white criminals who get convicted stay in prisons whose conditions are better than the situation of a lot of struggling full time working Americans. I find that appalling
None of this SF bull-crap where we basically don't punish the bike thieves, shoplifters and porch pirates but still find people hundreds of dollars for doing donuts in empty parking lots or not obtaining a permit before building a deck on their own house.
I'm fine with not doing squat to deter victimless crime but we can't allow the punishments for crime with a victim to be so low that it's more lucrative than a real job even after being caught many times.
The only solution to this is electing more people from diverse backgrounds (inc. class, race, gender, etc), but unfortunately money is extremely effective at winning democratic elections, and those who have it aren't from a diverse background.
It also has something to do with plausible deniability and inability to prove intent with white collar crimes.
How would you be able to prove someone intentionally mis-valued assets? Cut costs specifically to bolster one's own income and not benefit the other shareholders? Hired someone in exchange for a favor or possible future favor? Fired someone for stepping out of line?
Plausible deniability is also the reason for "productive" in person lunch meetings and golf outings. Not that there aren't other positive aspects of in person conversations, but lack of a permanent record is one of its aspects, and can easily be used to cause harm.
Meanwhile the country is literally controlled by the companies in question.