Comments by "L.W. Paradis" (@l.w.paradis2108) on "The Invention of Individual Responsibility" video.

The very concept of the corporation is to limit the legal liability for its principals and agents. The worst that can happen to CEOs if a well blows in the Gulf, an airplane door falls off, or a tanker takes out a bridge is that they will lose their position. They will not lose a penny of prior compensation or of vested stocks, vested pensions, or other benefits. They cannot be sued. How is that "taking personal responsibility?" The whole point is not to; the corporation can be sued, not its C suite.
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@damianbylightning6823 Actually, I remember when unemployed people could go to a state office and speak with a real, live, human social worker who helped them find a job. My aunt, who was a physicist, needed to do that after a period of ill health. They could also have someone review what benefits they could legally draw until they found work. Yes it certainly was helpful to have human contact.
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 @TheNightWatcher1385 Those poor bankers, resisting $10 and $20 million per year bonuses all the way, kicking and screaming, and the government making them take them. Tsk.
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 @Gandalf_the_quantum_G So tell me . . . How did the pandemic happen? It resulted in the greatest upward transfer of wealth in history.
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 @straightfacts5352 Who got the $10 million+ bonuses to bundle these mortgages and sell them as A+ rated or better, to pension funds no less?
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@NombusoThabethe-m3i I don't understand your question. It does pay taxes, and it can be sued. Its C suite is shielded from having to take personal responsibility. Its the CEO who doesn't put his personal wealth on the line.
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 @NombusoThabethe-m3i What a shame so much of this has been . . . . . . . Yes, gone. The c-word, ending in -or.
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@frankthetank130 No he was not. He was related to a bunch of presidents, through his mother, and went to private schools.
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 @jimkane9832 It certainly is not.
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