In my Economy Lab column for the October 2nd edition of the Globe and Mail’s ROB I vent my ire on VW for their cheating scandal over diesel engines. After all I own (and love) one of these things! I am up in arms at having been duped by my car company (-;
Seriously, we cannot have major companies selling their wares under false pretences and breaking the law to boot. VW’s hardly alone in such bad behaviour, and unlike the antics of, say, GM, which cost lives, VW’s infraction truly is small beer. But we clearly haven’t yet got the oversight and policing mechanisms to control bad behaviour by coporate titans. At least part of the solution is not to stop at fining the companies, but to make it clear that guilty individuals will be sought out and punished.
