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Meh, the point of a high penalty is to disincentivize behaviour, not to provide reparations. Ie. someone gets a DUI, we don't directly pay out the fee to anyon
by scottiebarnes 4y ago
Meh, the point of a high penalty is to disincentivize behaviour, not to provide reparations.
Ie. someone gets a DUI, we don't directly pay out the fee to anyone near by who may have been affected.
- blululu 4y agoWe typically do pay a fee directly to the person/people who were injured by their actions.
- deleted 4y ago[deleted]
- FartyMcFarter 4y ago"May have been" vs "actually was" affected are quite different from each other.
- scottiebarnes 4y agoTrue, portions of fees go to victims funds. However, in most cases, damages will need to be pursued civilly. My point was, the primary goal of expensive punishments are not to make victims whole.
- mupuff1234 4y agoBut the DUI penalty doesn't go to some private entity, eventually it goes back to the public. The Airbnb penalty goes to cushion Airbnb's pockets.
- ChrisLomont 4y ago>to cushion Airbnb's pockets i.e., to their stock price, i.e., to investors, i.e., to pension funds both private and public (pensions are by far the largest AirBnB shareholders), i.e., it likely benefits the majority of the public (the majority of US households have stock exposure, quite often large pension funds or index funds - AirBnB is part of the Nasdaq 100, for example).