Despite the growing poverty around the world, we still have a bi-partisan support (including from our president) for the very so-called "free trade" policies that have bred substandard wages.

Integrity can't be "written in" to organizational behavior, especially for companies who have unprincipled people working there to begin with. But still, we are mired in regulations.

BP executives and managers have been screwing up for years when it comes to worker safety, and the recent deaths of 11 workers on the Deepwater Horizon is only a continuation of a sad history for the company.

We live in a society where there is little to no accountability for individual decisions that are made in a group enterprise.

Corporations now enjoy powers and privileges historically reserved for monarchs, and, like monarchs, the people who run them are largely insulated from the consequences of their actions.

For decades we have engaged in a type of capitalism that is simply unsustainable, an approach to industry that is not only bad in some ethical sense, but also fundamentally impractical in a business sense.

We can't assume that companies like BP and Halliburton will spend the time and money to ensure environmental safety, just like we have learned the hard way that Wall Street will not safeguard our life savings.

Here's my modest proposal: corporate big shots should create a self-policing body with real teeth. After all, many professions have organizations that hold their members accountable.