7 ms·
I agree that gambling is indeed bad, but gambling is not some sort of outgrowth of capitalism. You do not need captialism to gamble and one does not beget the o
by ManFromUranus 8y ago
I agree that gambling is indeed bad, but gambling is not some sort of outgrowth of capitalism. You do not need captialism to gamble and one does not beget the other. The "game" makers are simply bad people exploiting others. These bad people would simply be bad in a different way in a socialist country.
- Retric 8y agoFair point. However, there are a bunch of complex laws in the US around gambling and gambling as a business is often banned where doing the same things as individuals is more often legal. Old but interesting: http://fortune.com/2011/02/15/was-my-sports-bet-legal/ http://fortune.com/2011/02/15/was-my-sports-bet-legal/ Which I think get's into the same incentives as these games. If the house get's a cut of from poker players without risks they have reason to promote addiction. On the other hand friends playing for bubble gum can enjoy betting without meaningful downsides. I don't think their are clear cut answers, but special regulations for companies due to the nature of capitalism has precedent in the US.
- ManFromUranus 8y agoI think that the danger is: you make a law to protect idiots from their own stupidity and end up breaking normal business activity somehow, or creating a regulatory environment that's a pain in the ass for entrepreneurs and whatnot.
- musage 8y ago> protect idiots from their own stupidity It's not idiocy, it's vulnerability, and it's not the magic result of "their stupidity", but of exploitation. Why should people who are either so useless they have to prey on others, or so fucked in the head that they do it even though they could do something useful, be protected?