Since capital punishment is not generally a management option these days, I have converted such references to being fired, instead.

Alternately, I have sometimes contextualized “life” in the modern colloquial sense, as in “get a life!”.

At the risk of stating the obvious: note that, in the original context of the Dao De Jing, capital punishment was very much a management option. So much so that an entire chapter (#74) was basically a reminder than any threat, even the threat of death, loses power if it is overused.