New Poll Finds Voters Widely Support Cracking Down on Corporate Crime

On Friday, polling agency and assume tank Knowledge for Progress and the Heart for Financial and Coverage Analysis’s Revolving Door Venture launched new polling which finds that voters throughout the political spectrum broadly help crackdowns on company crime. 

Within the accompanying “Voters Need To Crack Down On Company Crime”  memo, the 2 organizations name on President Biden to take government motion towards company crime, citing additional polling exhibiting People agree {that a} lack of company accountability is dangerous for employees and American democracy. 

Among the many polls’ key findings:

• 70% of voters agree that the felony justice system is rigged in direction of the rich and well-connected. 
• 83% agree that company evasion of accountability harms belief in American establishments and the rule of regulation.
• 77% of voters consider that company CEOs ought to face private legal responsibility, together with jail time, for the crimes their firm commits.

As well as, a transparent majority of voters — together with 74% of Democrats and 55% of Independents — consider that federal laws are important to defending employees, offering a essential window of alternative for the  Biden administration to take cost on enacting new employee protections. 

The memo advises that clamping down on company crime isn’t simply sensible politics for Biden: it’s essential to attaining justice for marginalized folks. “Each time a corporate polluter is given a move for its offenses, one other will likely be enabled to hurt the health of children in marginalized communities,” notes Aidan Smith, the lead writer of the report. “Each time an employer avoids punishment for stealing employees wages’, others will likely be empowered to rob employees of the fruits of their labor. And, because the world discovered within the years following 2008, failing to punish financial criminals solely encourages Wall Avenue to gamble our collective future away.”

The memo is the second installment of the collaborative Company Crackdown Venture, following the discharge of the Protecting Workers From Corporate Crime report in November.