The externalities for street crime are huge. A home is burglarized for $1000 and the whole neighborhood will experience much lower quality of life after the crime.
The externalities for white-collar crime are enormous. Wage theft against workers reduces their wages and creates a culture where unpaid work is expected, along with many other exploitations; and, their lower wages often result in people struggling to survive.
I would much rather live in a safe area with unpaid overtime. I like my job. Worse for people who don't. I do think we should go much harder on white-collar crime, without relativizing street crime.
Have you considered that those white collar crimes may help create an environment where people are more likely to commit those other crimes? Not paid enough? Steal! Overworked and no more joy in life? Go get an addiction and that vice results in harming others, and so on.
