Socialism for the rich now includes oil companies in the UK, which are shirking the responsibility to clean up and shut down oil drilling platforms in the North Sea.

Big companies have a history of using bankruptcy to evade responsibilities, even pension obligations. Rather than trust a company to come up with money later to carry out its responsibilities, we should make it put the money in escrow in advance when it incurs the obligation, on a schedule that collects the money while the project is profitable.