news
Summary
-
A theorem of justice states that where desert is greatest punishment will be least. Though white collar and corporate criminals deserve greater punishment than street offenders, pursuing a policy of retributive punishment will do more harm than good because: (1) corporations will litigate sanctions endlessly, and (2) to prevent greater harm in future, corporations must have incentives to report harmful activities. Strict punishment will remove the incentive to self-report. Punishment should be used as a mechanism of last resort when there is no more constructive way of solving a social problem.
