Are you suggesting that 3M should continue to operate as if they didn't poison the world? I'm fine with them being bankrupted by the lawsuits. Let it be a warning for the next company.
Are you suggesting that 3M should continue to operate as if they didn't poison the world? I'm fine with them being bankrupted by the lawsuits. Let it be a warning for the next company.
1. If the damage done is so severe that it's impossible or impractical to reverse, then even in the case of recovering 100% of the profits ever generated, it still won't be enough to fix the damage. A larger long term environmental cost for the many has been traded for a far far smaller short term financial reward for the few.
2. As the sibling commenter pointed out, companies can be used as a financial liability shield, just pay yourself an absurd salary, keep liquid funds and reinvestment low (especially when the game is up), and all that's left is a functioning but otherwise empty husk.