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You can't "punish people by letting them hang their own rope" when they don't actually get hung, because they're still around afterwards but now a burden. They
by Trundle 9y ago
You can't "punish people by letting them hang their own rope" when they don't actually get hung, because they're still around afterwards but now a burden. They now have to rely (more) on the social safety net, or turn to crime, or just sit around all poor and broken being unpleasant to look at.
A society that has decided to take on, at least partially, the burden of individual failure is incentivised to try to prevent it.
If you were to propose some sort of "unaccredited investors get to invest in risky markets if they agree to be put on a boat and cast out to sea if they fail" then I could see myself accepting that.
- conanbatt 9y agoWe plunge deeper into the rabbit hole. If only a citizen could decide to renounce taxes for services the government provides but that he doesn't use! We are now all forced to contribute in name of helping the needy, but then we ask in return that they stay needy, and that attempts to rise above their station will be met with the reminder that it is the best for them and for everyone to remain ignorant of such matters. How caritative, how empathic and how benevolent are those that get their nobility validated with their bank account statement.