Are Fines Enough When Harm is Done?

We are an opinionated bunch here at the Business Channel so this month we’ve got some debates going on between blogs known as the Odd Blog Couple. Liz at Business and Blogging and I are tackling the question of how to handle companies which engage in potentially harmful behaviors.
Companies which engage in potentially harmful behaviors with results such as environmental dangers or distribution of unsafe products often simply pay a fine as damages and move on. Should the punishment for these behaviors include a public mea culpa?
My understanding of the term mea culpa is to take responsibility, to say it …read more