β² 876 βΌ "Its fine, it's fine" (lemmy.world) submitted 3 months ago by thisecommercelife@lemmy.world to c/comicstrips@lemmy.world 43 comments fedilink hide all child comments
[β] 9point6@lemmy.world 56 points 3 months ago (3 children) GDPR sets the example: 20 million euros Or 4% of your revenue Whichever is higher permalink fedilink source hideshow 6 child comments replies: [β] SalamenceFury@piefed.social 22 points 3 months ago (1 child) 4%? Nah, set it to 20% at the bare minimum. First one who gets hit with one fifth of their revenue getting yoinked away by the government would get everyone else in line. permalink fedilink source parent hideshow 2 child comments replies: [β] lime@feddit.nu 10 points 3 months ago (3 children) 4% of your revenue is a lot for a low-margin business, which is most of them. google's margin is like 40% though. permalink fedilink source parent hideshow 6 child comments replies: [β] Iunnrais@piefed.social 10 points 3 months ago (2 children) Then set the percentage based on the margin? Something that would genuinely hurt without simply dismantling the business, so thereβs still something left to correct itself? permalink fedilink source parent hideshow 4 child comments replies: [β] 9point6@lemmy.world 13 points 3 months ago* Creative accounting would just make the margin zero for the purposes of the calculation. It's a lot harder to magic away total revenue Also the purpose of the fine is not intended to be a slap on the wrist, it's intended to be a strong deterrent to ensure companies do everything they can to ensure the law is followed. Most companies won't take the risk of skipping compliance on something that could wipe the business out permalink fedilink source parent [β] jtrek@startrek.website 6 points 3 months ago (2 children) Why don't we want to dismantle the business? permalink fedilink source parent hideshow 4 child comments replies: [β] Sharkticon@lemmy.zip 1 point 3 months ago (1 child) It's always fun when you run into a neoliberal in the wild. They can condone a lot of things like mass incarceration, crippling poverty, corrupt Justice systems, and of course genocide. Hurting a business though? That they can't imagine. permalink fedilink source parent hideshow 2 child comments replies: [β] StupidBrotherInLaw@lemmy.world -1 points 3 months ago Now this, THIS is absurd hyperbole. When you have to make massive assumptions about someone to make your point, you don't have a point - you're just making shit up. permalink fedilink source parent [β] Iunnrais@piefed.social 1 point 3 months ago Businesses are capable of providing useful things to the world. Itβs a good thing to enable companies to improve the world while disabling their ability to harm it. permalink fedilink source parent [β] Tetragrade@leminal.space 6 points 3 months ago* (1 child) How about 20%, or issue the equivalent value in shares and hand them to to the state. Shareholders' choice. Fuck up repeatedly and the state uses their control to replace senior management. permalink fedilink source parent hideshow 2 child comments replies: [β] lime@feddit.nu 2 points 3 months ago that's not very neoliberal of you permalink fedilink source parent [β] almost1337@lemmy.zip 6 points 3 months ago Hm, sounds like 20% would make for a good deterrent, then. permalink fedilink source parent [β] MonkderVierte@lemmy.zip 5 points 3 months ago Or 100% of money made in abusive position? permalink fedilink source parent [β] atopi@piefed.blahaj.zone 0 points 3 months ago wouldnt that mean smaller companies that hurt way less people would suffer more from the fine than bigger companies? permalink fedilink source parent
[β] SalamenceFury@piefed.social 22 points 3 months ago (1 child) 4%? Nah, set it to 20% at the bare minimum. First one who gets hit with one fifth of their revenue getting yoinked away by the government would get everyone else in line. permalink fedilink source parent hideshow 2 child comments replies: [β] lime@feddit.nu 10 points 3 months ago (3 children) 4% of your revenue is a lot for a low-margin business, which is most of them. google's margin is like 40% though. permalink fedilink source parent hideshow 6 child comments replies: [β] Iunnrais@piefed.social 10 points 3 months ago (2 children) Then set the percentage based on the margin? Something that would genuinely hurt without simply dismantling the business, so thereβs still something left to correct itself? permalink fedilink source parent hideshow 4 child comments replies: [β] 9point6@lemmy.world 13 points 3 months ago* Creative accounting would just make the margin zero for the purposes of the calculation. It's a lot harder to magic away total revenue Also the purpose of the fine is not intended to be a slap on the wrist, it's intended to be a strong deterrent to ensure companies do everything they can to ensure the law is followed. Most companies won't take the risk of skipping compliance on something that could wipe the business out permalink fedilink source parent [β] jtrek@startrek.website 6 points 3 months ago (2 children) Why don't we want to dismantle the business? permalink fedilink source parent hideshow 4 child comments replies: [β] Sharkticon@lemmy.zip 1 point 3 months ago (1 child) It's always fun when you run into a neoliberal in the wild. They can condone a lot of things like mass incarceration, crippling poverty, corrupt Justice systems, and of course genocide. Hurting a business though? That they can't imagine. permalink fedilink source parent hideshow 2 child comments replies: [β] StupidBrotherInLaw@lemmy.world -1 points 3 months ago Now this, THIS is absurd hyperbole. When you have to make massive assumptions about someone to make your point, you don't have a point - you're just making shit up. permalink fedilink source parent [β] Iunnrais@piefed.social 1 point 3 months ago Businesses are capable of providing useful things to the world. Itβs a good thing to enable companies to improve the world while disabling their ability to harm it. permalink fedilink source parent [β] Tetragrade@leminal.space 6 points 3 months ago* (1 child) How about 20%, or issue the equivalent value in shares and hand them to to the state. Shareholders' choice. Fuck up repeatedly and the state uses their control to replace senior management. permalink fedilink source parent hideshow 2 child comments replies: [β] lime@feddit.nu 2 points 3 months ago that's not very neoliberal of you permalink fedilink source parent [β] almost1337@lemmy.zip 6 points 3 months ago Hm, sounds like 20% would make for a good deterrent, then. permalink fedilink source parent
[β] lime@feddit.nu 10 points 3 months ago (3 children) 4% of your revenue is a lot for a low-margin business, which is most of them. google's margin is like 40% though. permalink fedilink source parent hideshow 6 child comments replies: [β] Iunnrais@piefed.social 10 points 3 months ago (2 children) Then set the percentage based on the margin? Something that would genuinely hurt without simply dismantling the business, so thereβs still something left to correct itself? permalink fedilink source parent hideshow 4 child comments replies: [β] 9point6@lemmy.world 13 points 3 months ago* Creative accounting would just make the margin zero for the purposes of the calculation. It's a lot harder to magic away total revenue Also the purpose of the fine is not intended to be a slap on the wrist, it's intended to be a strong deterrent to ensure companies do everything they can to ensure the law is followed. Most companies won't take the risk of skipping compliance on something that could wipe the business out permalink fedilink source parent [β] jtrek@startrek.website 6 points 3 months ago (2 children) Why don't we want to dismantle the business? permalink fedilink source parent hideshow 4 child comments replies: [β] Sharkticon@lemmy.zip 1 point 3 months ago (1 child) It's always fun when you run into a neoliberal in the wild. They can condone a lot of things like mass incarceration, crippling poverty, corrupt Justice systems, and of course genocide. Hurting a business though? That they can't imagine. permalink fedilink source parent hideshow 2 child comments replies: [β] StupidBrotherInLaw@lemmy.world -1 points 3 months ago Now this, THIS is absurd hyperbole. When you have to make massive assumptions about someone to make your point, you don't have a point - you're just making shit up. permalink fedilink source parent [β] Iunnrais@piefed.social 1 point 3 months ago Businesses are capable of providing useful things to the world. Itβs a good thing to enable companies to improve the world while disabling their ability to harm it. permalink fedilink source parent [β] Tetragrade@leminal.space 6 points 3 months ago* (1 child) How about 20%, or issue the equivalent value in shares and hand them to to the state. Shareholders' choice. Fuck up repeatedly and the state uses their control to replace senior management. permalink fedilink source parent hideshow 2 child comments replies: [β] lime@feddit.nu 2 points 3 months ago that's not very neoliberal of you permalink fedilink source parent [β] almost1337@lemmy.zip 6 points 3 months ago Hm, sounds like 20% would make for a good deterrent, then. permalink fedilink source parent
[β] Iunnrais@piefed.social 10 points 3 months ago (2 children) Then set the percentage based on the margin? Something that would genuinely hurt without simply dismantling the business, so thereβs still something left to correct itself? permalink fedilink source parent hideshow 4 child comments replies: [β] 9point6@lemmy.world 13 points 3 months ago* Creative accounting would just make the margin zero for the purposes of the calculation. It's a lot harder to magic away total revenue Also the purpose of the fine is not intended to be a slap on the wrist, it's intended to be a strong deterrent to ensure companies do everything they can to ensure the law is followed. Most companies won't take the risk of skipping compliance on something that could wipe the business out permalink fedilink source parent [β] jtrek@startrek.website 6 points 3 months ago (2 children) Why don't we want to dismantle the business? permalink fedilink source parent hideshow 4 child comments replies: [β] Sharkticon@lemmy.zip 1 point 3 months ago (1 child) It's always fun when you run into a neoliberal in the wild. They can condone a lot of things like mass incarceration, crippling poverty, corrupt Justice systems, and of course genocide. Hurting a business though? That they can't imagine. permalink fedilink source parent hideshow 2 child comments replies: [β] StupidBrotherInLaw@lemmy.world -1 points 3 months ago Now this, THIS is absurd hyperbole. When you have to make massive assumptions about someone to make your point, you don't have a point - you're just making shit up. permalink fedilink source parent [β] Iunnrais@piefed.social 1 point 3 months ago Businesses are capable of providing useful things to the world. Itβs a good thing to enable companies to improve the world while disabling their ability to harm it. permalink fedilink source parent
[β] 9point6@lemmy.world 13 points 3 months ago* Creative accounting would just make the margin zero for the purposes of the calculation. It's a lot harder to magic away total revenue Also the purpose of the fine is not intended to be a slap on the wrist, it's intended to be a strong deterrent to ensure companies do everything they can to ensure the law is followed. Most companies won't take the risk of skipping compliance on something that could wipe the business out permalink fedilink source parent
[β] jtrek@startrek.website 6 points 3 months ago (2 children) Why don't we want to dismantle the business? permalink fedilink source parent hideshow 4 child comments replies: [β] Sharkticon@lemmy.zip 1 point 3 months ago (1 child) It's always fun when you run into a neoliberal in the wild. They can condone a lot of things like mass incarceration, crippling poverty, corrupt Justice systems, and of course genocide. Hurting a business though? That they can't imagine. permalink fedilink source parent hideshow 2 child comments replies: [β] StupidBrotherInLaw@lemmy.world -1 points 3 months ago Now this, THIS is absurd hyperbole. When you have to make massive assumptions about someone to make your point, you don't have a point - you're just making shit up. permalink fedilink source parent [β] Iunnrais@piefed.social 1 point 3 months ago Businesses are capable of providing useful things to the world. Itβs a good thing to enable companies to improve the world while disabling their ability to harm it. permalink fedilink source parent
[β] Sharkticon@lemmy.zip 1 point 3 months ago (1 child) It's always fun when you run into a neoliberal in the wild. They can condone a lot of things like mass incarceration, crippling poverty, corrupt Justice systems, and of course genocide. Hurting a business though? That they can't imagine. permalink fedilink source parent hideshow 2 child comments replies: [β] StupidBrotherInLaw@lemmy.world -1 points 3 months ago Now this, THIS is absurd hyperbole. When you have to make massive assumptions about someone to make your point, you don't have a point - you're just making shit up. permalink fedilink source parent
[β] StupidBrotherInLaw@lemmy.world -1 points 3 months ago Now this, THIS is absurd hyperbole. When you have to make massive assumptions about someone to make your point, you don't have a point - you're just making shit up. permalink fedilink source parent
[β] Iunnrais@piefed.social 1 point 3 months ago Businesses are capable of providing useful things to the world. Itβs a good thing to enable companies to improve the world while disabling their ability to harm it. permalink fedilink source parent
[β] Tetragrade@leminal.space 6 points 3 months ago* (1 child) How about 20%, or issue the equivalent value in shares and hand them to to the state. Shareholders' choice. Fuck up repeatedly and the state uses their control to replace senior management. permalink fedilink source parent hideshow 2 child comments replies: [β] lime@feddit.nu 2 points 3 months ago that's not very neoliberal of you permalink fedilink source parent
[β] lime@feddit.nu 2 points 3 months ago that's not very neoliberal of you permalink fedilink source parent
[β] almost1337@lemmy.zip 6 points 3 months ago Hm, sounds like 20% would make for a good deterrent, then. permalink fedilink source parent
[β] MonkderVierte@lemmy.zip 5 points 3 months ago Or 100% of money made in abusive position? permalink fedilink source parent
[β] atopi@piefed.blahaj.zone 0 points 3 months ago wouldnt that mean smaller companies that hurt way less people would suffer more from the fine than bigger companies? permalink fedilink source parent
