Agreed.
May I suggest also that perhaps simply doing away with the 'virtual person-hood' would be a good start? Just force *someone* or *someones* to actually be the owner of record of each business? And then hold them criminally responsible for criminal behavior by those businesses?
That, I feel, is the real cause of our problems. That makes a 'business' into a 'collective person', and is the fount of all these problems.
I agree. We also have this new paradigm in business that says, "We need to show profit at the end of every month." When did this change. It used to be that quarterly profits were the benchmark. Now, everyone wants to see profit almost on a daily basis and they will do anything to achieve this.
People no longer invest in companies for the long term. It's "Make me money now or I'm out." that is also ruining the way businesses are operating.