Earlier quoted context omitted.
In California, thefts of under $950 are not felony crimes. And there's no more "three strikes". So you can steal packages for a living and, at worst, have to spend a week or two in jail over the course of a year. Not a bad living.
If I paid you $200, would you spend two weeks in jail? If getting that $200 meant risk to you (someone confronting you, someone else taking your money, risk of an officer giving you a beat down), would you still take it? It doesn't take a lot of risk to offset the "value" of stealing $950 labeled-worth goods (which will net you <$250 in cash).
Relative value of time and money might be different outside of this bubble.