This is sadly entirely accurate, and the whole problem...

(Edit: Original is here. Go follow the artist. https://mastodon.social/@workchronicles/112417993863156684)

@Crell It’s a crime if you’re poor. It’s a fine if you’re rich.
@ramsey @Crell Gov: crime all you want, but if we catch you, we'll take a small cut
@Crell This is why you need progressive fines, fines that aren't just based on the severity of the infraction but also the income of the culprit. It's still "legal for a fee" but the fee is properly punitive regardless of who's committing it.

@StarkRG Also, proportional to the estimated profit made from the crime.

"Oh, you made $1 billion from breaking this law? The fine starts at $1.2 billion and goes up from there."

"Oh, a fine that big will destroy the company? Well maybe you shouldn't have done the crime then."

"Oh, you're worried about the employees? OK, we'll exchange $5 million in fines for 1 year prison time for the exec suite."

@Crell @StarkRG Some of our telecom operators have been fined by our consumer protection agencies. The fines were in the thousands range. Less than the CEO's bonuses.
@Crell @StarkRG
That’s great, but their stock price would crash (if it’s public) and those enforcing the fines would probably lose money too, so they would never do it. Capitalism!

@StarkRG @Crell

This is how parking fines and speeding tickets work in Finland. :D

@StarkRG @Crell the EU applies proportional fines with these digital platform regulations and I love that
@Crell The fines haven't kept up with the scope of the markets and thus they are more like a 'cost of doing business' rather than a deterrent. Unless your poor, of course, then its still feels like a fine.
@Crell and you only have to pay when the underfunded regulatory agency gets around to investigating you!
@smn @Crell Otherwise, the money in the budget earmarked for fines stays in the investment accounts and keeps growing.
@Crell
'My Lord, is that... Legal?'
'I will make it legal.'

@Crell

Biiiiiig Pirates of Silicon Valley vibes & Business Strategies in practice in this panel Larry, fr, 💯, 🤏🕶️

@Crell I've met people who say essentially the same for things like speeding tickets.
@Crell A lot of companies have line items in their yearly budgets for paying fines. At the two companies I worked at it was about 15%.
@Crell
it's the same flaw as punishment generally, it changes nothing about what happens, gives nothing but revenge, it doesn't even a little bit stop people burning the world down first
@Crell German pubs post smoking ban circa 2013 onwards.
@Crell ridiculous to see big companies getting fined less then their daily electricity bill for something horrendous
@Crell That's desperately true.
db

@Crell

Silicon Valley, in a nutshell.

@Crell If you like their work, @workchronicles is in the fediverse :D
@Crell If the fine is less than the profit margin, it's not illegal.
@Crell This is what Defence Housing Australia, a Government Business Enterprise, is doing at the very controversial Lee Point development where a critical wildlife corridor consisting of old growth tropical savanna forest and with a few nationally endangered species. Given the controversy you would think that a Federal agency would make sure that every box regarding approvals and permit conditions are ticked especially as a significant part of the community oppose this. Nope. They purposefully employ contractors that break every rule in the book. Work health nightmare, no fauna spotters and bulldozed areas outside their permit potentially damaging sacred sites. But the weak legislation makes all that worthwhile as the fines are not proportionate. #saveleepoint
@Crell Republican Cost of Doing Business.
@Crell not only that but even "what are the odds we'll just get a warning"

@Crell @danluu has written an interesting comment on this topic at https://danluu.com/cpu-bugs/#fn:S .

(I found the comment interesting, but haven't checked whether it's factually correct. The mentioned "Becker-ian policy" appears to refer to https://en.wikipedia.org/wiki/Gary_Becker#Crime_and_punishment).

We saw some really bad Intel CPU bugs in 2015 and we should expect to see more in the future

@Crell The pictured persons seem to forget reputation, credibility and trust being a very real FAFO thing.
@kmetz If only that actually had an impact on large corporations...

@Crell It‘s a constant „never enough“, I guess.

Do you buy cars from Enron?