German court sends VW execs to prison over Dieselgate scandal

Re:German court sends VW execs to prison over Dieselgate sca... by squigz on Monday May 26, 2025 @01:33PM (#44099597)

I'm sorry, but I don't quite understand your point? Does it being a small % of the GDP matter to those stolen from? Does it mean we shouldn't attempt to remedy it?

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Re:German court sends VW execs to prison over Dieselgate sca... by throwpoaster on Monday May 26, 2025 @01:54PM (#44099814)

We should care about it 0.002% as much as we care about other economic problems.

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Re:German court sends VW execs to prison over Dieselgate sca... by ToValueFunfetti on Monday May 26, 2025 @03:31PM (#44100800)

Not quite- from a strictly financial perspective, it means we should care 0.002% as much as we care about an intervention that doubles the GDP or eliminates 100% it. Neither exists, so we're better off comparing to other theft- this is about 15% of numbers for retail shrink, 50% of reported personal theft, so this suggests we should care proportionally.

But I don't know about the strict financial analysis. I'm pretty sure it would tell us to have negative care about a serial killer that targets the homeless.

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