Yesterday’s NY Times reports that eight former executives of Union Carbide India Limited (a subsidiary of the American chemical company Union Carbide) were convicted of negligence as a result of their failure to stop the explosion at the Union Carbide India factory which killed more than 2500 people in 1984. The NY Times reports that the executives were sentenced to “two years in prison and fined 100,000 rupees, or $2,100”. The Bhopal disaster is rightly considered one of the most serious industrial accidents in modern times and is often used as an example of ‘the race to the bottom’ whereby…