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It's much worse in terms of $$$ compared to most muggings, why shouldn't it be a long term sentence? This is one of the major disconnects in modern society, st
by mattmanser 10y ago
It's much worse in terms of $$$ compared to most muggings, why shouldn't it be a long term sentence?
This is one of the major disconnects in modern society, stealing huge sums of money by rich middle aged white guys is a minor slap on the wrists but stealing a few dollars by young, black guys is let's send them to the slammer and throw away the key.
It's so blatant and ingrained in the system that you can't even see it.
- woah 10y agoThe difference is the use of violence to threaten someone's life, as opposed to moving some numbers on a screen.
- vacri 10y agoHowever, plenty of white-collar crime has physical effects. More than a few embezzled retirement funds have led to suicides, for example. How do you tell someone that a store clerk robbed at knifepoint is much worse than having their retirement nest-egg evaporate because of someone they haven't even met? Serious white-collar crime should be pursued and punished much more than it currently is.
- EpicEng 10y agoI would happily get smacked around if you promised to 'move around' some significant numbers into my banking account.
- kinghajj 10y agoAn obvious difference between IP theft and muggings, however, is that the later also entails threats of violence (and sometimes even assault & battery). That's why robbery is generally considered more heinous than burglary, where the victims are typically not present or asleep. I'd agree though that some sort of dollar figure should be attached to the psychological trauma of being mugged, so that great-enough white-collar crimes can also lead to imprisonment.
- deleted 10y ago[deleted]
- hyperbovine 10y agoI'll bet if you asked most people what they would prefer less, getting beat up or losing $500 million, the would answer the latter.
- dzhiurgis 10y agoWhich distributed among all Google shareholders is $100 each?
- apoorvkumar 10y agoSure. Basically the guy wronged 5 million people, $100 each. Makes it a significantly greater crime than a comparable mugging of a single victim.
- dragonwriter 10y agoWell, no. Distributed among all Alphabet shareholders it is, from the most recent numbers I've seen, about $85 million each from Larry Page and Sergey Brin, and smaller amounts from everyone else.
- deleted 10y ago[deleted]
- tomc1985 10y agoAlso, in a mugging, the mugged is deprived of whatever was stolen. With IP theft the victim still has use of their IP
- CydeWeys 10y agoThere's a difference between illegally downloading a movie instead of paying for it, and stealing technology and using it to bring a competitor to market. The latter is actually taking market share away from the organization it was stolen from, so they are deprived of something tangible.