How quickly would companies change their behaviors if fines were literally exponential?
Where fines are defined by a function fine=baseFine^#violations^ that should get to be meaningful fairly quickly.
How quickly would companies change their behaviors if fines were literally exponential?
Where fines are defined by a function fine=baseFine^#violations^ that should get to be meaningful fairly quickly.
Or at least based on some percentage of company's gross revenue or something that actually impacts their bottom line instead of just being a slap on the wrist cost of doing business.
Also doable, I just like the idea of being lenient for a first time mistake, but absolutely demolishing them if they don't fix their shit.
A $1,000 initial fine would suddenly be a $1,000,000 fine for the second infraction, $1billion third infraction, and by the fourth I dont think there are any companies in existence that could survive it.
Edit: Overzealous on math.
Nuuuuuu….. bbbbbbut the poor businesses! How will these little precious babies surrrrvivvvveeeeeee. We have to let them get away with whatever or else capitalism will faiiiiilllll!!!!!
That sounds like a whole lot of not my problem.
Sadly, with companies wrecking the environment, it’s all our problems. :(
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