Earlier quoted context omitted.
All employees would include execs obviously. I admit it's unorthodox and might feel a little unfair, but I imagine for these big tech companies that are so often guilty of just ignoring the law and paying fines to make their problems "go away," having the employees be furious at the bosses would be a far, far more effective punishment. In terms of dollars, I don't think it would take much to make the point. Suppose y…
But what does fining the low level employees accomplish? They can't really change the direction of the company in many cases.
That’s the thing I think most people don’t understand about large companies. Money is just a number, they’re playing a game with it. If the company pays a huge fine, all those folks are still rich and nothing bad happens to them, they just have a few different numbers on their spreadsheet. That’s why they don’t care. It’s not like a normal person getting fined, who then loses the opportunity to use their money for things that matter to them.
If we want to hold corporations accountable, we have to issue punishments to corporations that actually hurt their leaders.