I sort of like this line of reasoning. Though in penal contexts I'm against the death penalty and favour a rehabilitation based approach. So maybe if the government seized control the corporation for a time, to rehabilitate it?
I wouldn't. It may be simplistic but I think that the judiciary applying firm measures designed to protect the public and the biosphere, is the best approach.
I tend to agree. But I could see scenarios where "corporate jail" might be an option in extreme circumstances. I.e where the corp is too integral to the public to leave to whatever power games result from shaking up the company theough fines and sending executives to jail(which we should do far more of by the way...).
It also depends though. Which government? I would have far lower credence in trusting the US government with this compared to some European governments that came out of a healthier democracy than the US. But that also goes for the regulations necessary for your less radical approach.
> So maybe if the government seized control the corporation for a time, to rehabilitate it?
I could see that working in some areas, like military suppliers. Most of the time though it'd be bad to give the government any opportunity to generate profit from law enforcement actions. It could incentivize terrible behavior.