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100%. Why are we OK with smart people ripping anyone off? Just because investors have excess wealth it’s OK to steal from them?
by rubyfan 5y ago
100%.
Why are we OK with smart people ripping anyone off? Just because investors have excess wealth it’s OK to steal from them?
- cblconfederate 5y agowithout trying to be extra provocative, but we are A-OK with rich people ripping people off by exploiting their weaknesses, addictions or lack of oversight, so the reverse is not much different. Capitalism has a place for borderline, gray, unethical-but-legal 'frauds'
- cycrutchfield 5y agoThis is clearly a strawman, so good job not being “extra provocative”. Please drop the Robin Hood complex and try to have an intellectually honest conversation.
- Frost1x 5y agoI think thee assumption is that the investors have likely stolen from people, through perfectly legal yet ethically dubious means many consider theft but isn't defined in law as theft (deceit, disproportionate reward of effort, etc.). Often the type of theft uses indirection or is difficult to quantify. You tend not to get investment level rich/wealthy without playing in the ethical grey areas, skirting laws, and/or taking calculated risks of breaking laws to capture more than you actually directly produce. Not always the case but it tends to be the case from many peoples' world views. As such, it's viewed more as a thief stealing from a thief, where most have little pitty for either thief.