If you are looking for your next job, just consider that your future employers will read your blog and your comments here. Since you consider yourself as a CEO type, you are fine, then. However, when you want to raise money from VCs, the latter can also read your comments.
RICO statues are slapped against a specific set of people: Mafia. Without RICO, you can't just percolate up the culpability to the CEO without a solid proof. The issue here: laws, courts, how courts look at evidence. With RICO, the bar is lower.
In any large organization, there is a legal department, there is a chief legal office/General counsel. These guys train CEO enough how to pass down messages. When I was a salesman, my training team and my managers never told us to lie. However, the pressure tactics they use force sales people to lie. That's how things work.
Even if some assistant attorney/prosecutor wants to use RICO, he/she will be overruled in the same department.
The issue is who should one prove the culpability to? As long as the board of directors agree that CEO earned the credit for all things good, he/she will get a fat bonus. For culpability, it is the jury/judge, where things are quite strict; otherwise, it is very easy to convict.
That requires a change in criminal law, with an exception of RICO. However, the DOJ will not use RICO against the elite class, as ex-prosecutors end up working for the same elite through law firms.
If a business is a two person shop, it is very easy to prove the culpability of a CEO. However, in a large corporation, it is very hard to prove the culpability of a CEO, as too many people are involved. That's why you see small business owners are easier to prosecute than CEOs of larger corporations.
It is like consulting/offshoring business: one competent person, with 10 underlings who can add 80 billable hours a day. That's what happened to trades too: one really competent with many underlings.
I'd love to see the cost of living go down. Unemployment raises fast; the cost of living goes down very slow, and it will take a few generations. That's why the underclass will go through a lot of pain.
US workers are left with almost no systemic power to fight corporate exploitation, which creates a brutal race to the bottom. That's the structural context I was pointing out. But let’s be clear: turning that frustration into killing Chinese workers is never acceptable. The issue isn't the foreign workforce; it's a broken system that exploits everyone.
So, when foreigners want to come to the US to work, these foreigners find the working conditions (say, 996 of today) is better than working for the corporate and the government exploiters in their home countries.
Indian bureaucracy exists to enrich themselves for their next ten generations. The bureaucracy itself promotes, recruits incompetents. There is no way to reform such a bureaucracy.
The whole system needs to be dismantled while an alternative system gets built; given the nature of Indian politics (freebies/jobs/reservations to certain groups; monthly stipends to certain groups by borrowing money while at the same time looting public funds), it is impossible.