Document Type
Article
Publication Date
2-18-2019
Abstract
In the singular search for profits, some corporations inadvertently kill humans. If this routinely occurs throughout an industry, it may no longer serve a net positive social purpose for society and should be eliminated. This article provides a path to an objective quantifiable metric for determining when an entire industry warrants the corporate death penalty. First, a theoretical foundation is developed with minimum assumptions necessary to provide evidence for corporate public purposes. This is formed into an objective quantifiable metric with publicly-available data and applied to two case studies in the U.S.: the tobacco and coal mining industries. The results show the American tobacco industry kills 4 times more people per year than it employs, and the American coal-mining industry kills more than one American every year for every coal miner employed. The results clearly warrant industry-wide corporate death penalties for both industries in America. Future work is discussed to ensure industries only exist to benefit humanity in all the societies in which they operate.
Publication Title
Social Sciences
Recommended Citation
Pearce, J. M.
(2019).
Towards quantifiable metrics warranting industry-wide corporate death penalties.
Social Sciences,
8(2).
http://doi.org/10.3390/socsci8020062
Retrieved from: https://digitalcommons.mtu.edu/materials_fp/197
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Version
Publisher's PDF
Included in
Applied Ethics Commons, Business Law, Public Responsibility, and Ethics Commons, Industrial and Organizational Psychology Commons, Social Welfare Commons
Publisher's Statement
© 2019 by the author. Licensee MDPI, Basel, Switzerland. Article deposited here in compliance with publisher policies. Publisher's version of record: https://doi.org/10.3390/socsci8020062