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by koolba 1507 days ago
> When you ignore a red light, the fine is not calculated based on whether you had an accident or not. For a fine to be significant, it has to exceed the profit made from the crime, otherwise you'll keep running red lights until you actually crash or run someone over.

Sure but that would still be based on the profits of the scheme, not any other unrelated revenue. In your traffic light analogy it’d be like billing the ticket based upon how many miles per year you drive rather than the speed limit or how fast you were going.

1 comments

I can't remember which, but there are countries where traffic fines are scaled to your income, which would be a great way to fine companies.
If we're giving them the rights of people, then just fine them by time with the same effect as if they were a person.

Median wage is $12/hr and a company with $50bn/yr revenue does something that would normally be $120? $250 million.

Finland is most often given as an example of this.