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In a society of high trust, fraud can be an easy way to steal resources. If too many people do it, trust breaks down and everyone is worse off. Building a socie
by njarboe 9y ago
In a society of high trust, fraud can be an easy way to steal resources. If too many people do it, trust breaks down and everyone is worse off. Building a society where outside the family/tribe trust is the default position is hard, but the West has gone some distance in solving it. Unfortunately we seem to be regressing a bit of late.
- Retric 9y agoIt's very common for people selling food at farmers markets to farm some, but not all of the food they are selling. If nothing else some years some crops will fail. Remember, specialization increases efficiency. As long as what was sold is the same thing as what's being described aka Local / Organic / whatever I don't see this as fraud.
- goialoq 9y agoAdvertising replaces trust. This is how the modern economy works -- people buy the lies.