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Did the company make more than $1.5M in additional revenue due to employing those 100+ kids (plus the others that are likely to have never been identified)?
by organsnyder 4y ago
Did the company make more than $1.5M in additional revenue due to employing those 100+ kids (plus the others that are likely to have never been identified)?
- alistairSH 4y agoGiven the fine is a fixed amount per violation, it's not unreasonable to assume the company's management did the math and found child labor + fine is more profitable than adult labor.
- sokoloff 4y agoPresumably variable gross profit is the measure to refer to/compare against, rather than revenue.
- mischanix 4y agoSo if I rob a bank for $2MM, but spend $1.95MM on contractors to do the job, I should only be fined $50k?
- n42 4y agono. but when you are calculating if the job is worth the risk, you would look at the $50k vs the jail time.
- sokoloff 4y agoIf you want to understand whether there are systemic forces at play which serve to reinforce an undesirable behavior, you should compare the fine to the expected profit not to the expected revenue.
- aaomidi 4y agoThe fines for doing this should not depend on company revenue or profit. It should be that every single exec in charge of that company is never allowed to have any decision making power again in any industry. After a substantial jail time. Every exec involved here should be personally liable too, and be forced to have their assets sold to cover a huge pay out to these kids. These kids should never have to work again a day in their lives. And if the assets aren't enough, then we should have tax payer money go and make things right for these kids.
- ggreer 4y agoTons of teens would happily lie about their age if it meant they never had to work again. Heck, many parents would encourage that behavior.
- courseofaction 4y agoThe companies would execute them on the spot if it was legal and profitable. I'm happy with a company being required to do due diligence on age. If they can't prove they're old enough to work, they can't work.
- diordiderot 4y agoWould there be any negative consequences to a law that said 'the CEO and chairman of the board of any company that violates child labour law should be imprisoned for 1 year'?
- mrguyorama 4y agoYes, fox news would spend the next ten years making as many people as possible think you are the literal devil.