Or of hanging an air freshener on your rearview mirror: https://edition.cnn.com/2021/04/12/us/police-shooting-air-fr...
I don't know, but the US penal system needs a revamp anyhow.
When some character fudges a spreadsheet or sets up a viscous cycle in business, it is more abstract. We’ve all done it to some degree (received an undeserved discount, more change than owed, etc), and the black and white “wrongness” varies.
Another consideration is that the punishment for white collar crime is very severe in terms of loss of agency and autonomy. Once you’re convicted of a felony, you’re kryptonite — you’re trading your comfy middle class existence for something riskier and worse. Typical suburban punter is losing most of your friends and probably your home and spouse. The kids lose their nice school or get stuck in a grubby apartment. White collar criminals have more to lose, so the punishment standard is different.
> "I Worked It Out. You Have Killed Two Point Three Three Eight People," said the golem calmly.
> "I have never laid a finger on anyone in my life, Mr Pump. I may be–– all the things you know I am, but I am not a killer! I have never so much as drawn a sword!"
> "No, You Have Not. But You Have Stolen, Embezzled, Defrauded And Swindled Without Discrimination, Mr Lipvig. You Have Ruined Businesses And Destroyed Jobs. When Banks Fail, It Is Seldom Bankers Who Starve. Your Actions Have Taken Money From Those Who Had Little Enough To Begin With. In A Myriad Small Ways You Have Hastened The Deaths Of Many. You Do Not Know Them. You Did Not See Them Bleed. But You Snatched Bread From Their Mouths And Tore Clothes From Their Backs. For Sport, Mr Lipvig. For Sport. For The Joy Of The Game.”
White-collar crime has effects. Every time people are encouraged to clock out, then clean up their station, that's 15 minutes of wage theft. Heck, sometimes this becomes so common that the criminals work to make it legal. Every time that Amazon has their mandatory daily exit screening, that's 30-60 minutes of time that should be on the clock, but is completely unpaid, legal and SCOTUS-approved, and wildly unethical.
The parent comment quoted saying they were loading their ads before ads from competitor networks. Noone said anything about Jan 6, or anything touching on the event.
You are obviously trying to shift the conversation away from how Google controls AMP and apparently used it to gain an advantage in the ad market (basically an antitrust issue) to a partisan political conversation.
On the other hand, Wall Street put many people's loved ones in clear danger, leaving them in the street, without jobs and without health insurance in 2008 and none of them went to jail.
Yeah, no, you really couldn't. It sounds like you've never been the victim of direct, physical violence, and the psychological effects it causes.
If it's not going to be imprisonment, then the fines need to be much quicker, and much higher; enough to threaten a corparation's viability. For some perspective the largest fine/court settlement in the past few years is VW US's, which was 37 billion, and vs. a tech firm the 2012 FTC settlement with facebook at 5 billion. EU's largest antitrust fine ever (vs. google in 2017) was just 2.4 billion. Those kind of costs are so low that they're unlikely to be preemptively discouraging, especially given how rare they are; alphabet's revenue in 2020 was 180 billion, and it's market cap is a little less than 10 times that.
Of course absurd fines that are rarely imposed are more like a reverse lottery than anything else; not exactly ideal either, really.
Which is why in new legislation, fines are proportional - GDPR has fines at max 4% of global yearly revenue or 100 million euros, whichever is higher.
Then of course there's the fact that the GDPR - possibly due to a bit of regulatory capture - very strongly encourages venue shopping, and with resources like that, bending a small venue (like Ireland) to your will even slightly is conceivably feasible, and valuable. Personally, I'm not too impressed by the implementation of the GDPR, even if the fact that it's finally on the agenda is a good thing. It may even exacerbate misuse of personal data, because the burdens it imposes are much harder to bear for small parties than for large ones; and that's a competitive moat that encourages centralization of private data, and that encourages shifting the balance of power toward the corporation away from the individual (who says no to google's privacy policy?), and the combination of "willing" users, a lax privacy policy, and huge centralization encourages misuse. Proportionally your local sports-club is likely more impacted than Google, which is absurd.
In other words, laughably low.
> or 100 million euros
Unless you're a small business, in which case they'll happily bury you.
And if you claim that the workers don't deserve it, well, then exactly who DOES deserve it?
Really the possibilities of solution to some of these issues are endless, limited only by our creativity. We're just stuck as a society with what we already have and there is huge push back against anything out of the ordinary or creative or different when it comes to government and our governance models.
The idea that white collar crimes don't damage people's lives is easily debunked: https://www.hsph.harvard.edu/news/press-releases/economic-do...