Why are corporate fines for shady or illegal business practices so often less than the amount they made by doing those illegal practices? At that point, don’t the fines just become a cost of doing business?
Specifically thinking about Perdue Pharma. PBS article says they made $35billion pushing opioids, but the current court case is only seeking $6billion on fines. Ignoring the Sackler’s immunity request, this is still a net win.
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Corporate fines = cost of doing business.
The rich guys who run the corporations are the guys paying the politicians. Rules and laws are not created to have equality among people the are designed to keep poor people poor and keep rich people rich.
The only reason corporations get fined at all is just to create a false sense of governance.
THE GOVERMENT WANTS TO MAKE IT SEEM LIKE THEY ARE REGULATING THE BANKS AND THE CORPORATIONS BUT IN REALITY THE BANKS AND CORPORATIONS ARE REGULATING THE GOVERNMENT.
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