Re: MD MOQ and The Moral Society

From: Mark Steven Heyman (markheyman@infoproconsulting.com)
Date: Thu Jul 21 2005 - 03:07:22 BST

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    arlo:
    > Perhaps "enslave" was a poor word choice on my part. I was, again,
    > talking about the "invisible coercive" force rather than visible,
    > physical slavery. But I would also add such things as price-fixing,
    > monopolies, market control, and debacles like Enron where the
    > corporate power structure directly robbed the savings of the
    > workers.

    platt 7-20-05:
    Well, as I look around town I don't see much price-fixing,
    monopolies, or market control going on. Maybe I'm just blind.

    msh 7-20-05:
    Not blind, just not looking. Below my sig block are a few of the top
    100 corporate criminals of the 1990s. These are companies who pled
    guilty or no contest to criminal antitrust activity, so we're not
    even talking about civil suits. And keep in mind that for every
    criminal convicted, thousands of crimes go undetected, so it's safe
    to assume that the criminal activity below is just the tip of the
    proverbial iceberg. In fact, as long as a corporation's actuarial
    accountants can demonstrate that profits made from criminal behavior
    are greater than anticipated fines, there is little reason to believe
    that such behavior will not be repeated. Indeed, many of the
    companies listed in the full report, linked below, are proven repeat
    offenders. This is why, in a moral society, assuming corporations
    are even part of that society, public supervision and regulation of
    corporate behavior will be essential.

    Best,
    Mark Steven Heyman (msh)

    -- 
    InfoPro Consulting - The Professional Information Processors
    Custom Software Solutions for Windows, PDAs, and the Web Since 1983
    Web Site: http://www.infoproconsulting.com
    "Capitalism is the extraordinary belief that the nastiest of men for 
    the nastiest of motives will somehow work for the benefit of all."
    --John Maynard Keynes
    http://www.globalpolicy.org/socecon/tncs/top100criminals.htm    
    Archer Daniels Midland 
    Type of Crime: Antitrust
    Criminal Fine: $100 million
    Sears Bankruptcy Recovery Management Services
    Type of Crime: Fraud
    Criminal Fine: $60 million
    Pfizer Inc.
    Type of Crime: Antitrust
    Criminal Fine: $20 million
    Northrop
    Type of Crime: False statements
    Criminal Fine: $17 million
    Eastman Chemical Company
    Type of Crime: Antitrust
    Criminal Fine: $11 million
    General Electric 
    Type of Crime: Fraud
    Criminal Fine: $9.5 million
    Blue Cross Blue Shield of Illinois
    Type of Crime: Fraud
    Criminal Fine: $4 million
    Borden Inc.
    Type of Crime: Antitrust
    Criminal Fine: $4 million
    Tyson Foods Inc.
    Type of Crime: Public corruption
    Criminal Fine: $4 million
    Mitsubishi Corporation, Mitsubishi International Corporation
    Type of Crime: Antitrust
    Criminal Fine: $1.8 million
    Blue Shield of California
    Type of Crime: Fraud
    Criminal Fine: $1.5 million
    Hyundai Motor Company
    Type of Crime: Campaign finance
    Criminal Fine: $600,000
    Samsung America Inc.
    Type of Crime: Campaign finance
    Criminal Fine: $150,000
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