What is the Corporate Death Penalty?

It's Time to Bring Back the Corporate Death Penalty

When big companies engage in criminal harm to the public, they deserve serious punishment

The Corporate Death Penalty Is Not New

While the human death penalty has largely disappeared in the world and is fading in the U.S. (a good thing), the corporate death penalty needs a revival.

The corporate death penalty, widespread in the 19th century, is a political and economic Darwinian process that weeds bad actors out of the business ecosystem to make room for good players.

The process of revoking corporate charters goes back to the very first years of the United States. After all, the only reasons states allow ("charter") corporations (normal business corporations can only be chartered by a state, not the federal government) is to serve the public interest.

https://www.commondreams.org/views/2019/01/08/its-time-bring-back-corporate-death-penalty