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I didn’t agree that loan sharks are immoral. Even a loan shark makes his borrowers strictly better off by giving them an option they otherwise wouldn’t have.
by beervirus 6y ago
I didn’t agree that loan sharks are immoral. Even a loan shark makes his borrowers strictly better off by giving them an option they otherwise wouldn’t have.
- apta 6y agoA loan shark makes his money literally by feeding off the poor, I don't see how that is not immoral. The moment a proper support system is in place, they'll disappear.
- beervirus 6y agoThat’s hardly his fault. And if the loan shark weren’t there providing his service, his clients would be strictly worse off. He’s not forcing them to borrow money—he’s offering, and they’re free to say no.