[lbo-talk] Exxon Valdez lessons for BP claimants

Michael Pollak mpollak at panix.com
Wed Jun 9 09:38:03 PDT 2010


On Wed, 9 Jun 2010, Wojtek S wrote:


> Jordan: "NEW DELHI - More than 25 years after a plume of fatal toxic gas
> from an American-owned chemical plant wafted over the slumbering city of
> Bhopal, eight former executives ..."
>
> [WS:] Does not it lead to the conclusion that corporations and their bosses
> are uebermenschen operating largely above the law to which ordinary mortals
> are subjected - a position that I argued some time ago on this forum, to
> which you replied that contract law can provide sufficient remedies? How do
> you think justice should be served in cases like Bhopal or Deepwater
> Horizon?

This is part of why Mexican peasants prefer government by La Familia. It solves this problem.

Brings to mind Ambrose Bierce's definition from his Devil's Dictionary:

Corporation, n. An ingenious device for obtaining individual profit without individual responsibility.

Michael



More information about the lbo-talk mailing list