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by tweak2live 5224 days ago
None, whatsoever. But what alternative do the "best and the brightest" have? After all, in order to keep being "the best and the brightest" they do need to pay rent (and have an occasional steak dinner).

What value is there in educating if one can simply purchase social capital when one needs it?

Exhibit A: http://www.facebook.com/BPTeamUSA

Exhibit B: http://www.altria.com/en/cms/Responsibility/investing-in-com...

2 comments

> "After all, in order to keep being "the best and the brightest" they do need to pay rent (and have an occasional steak dinner)."

Plenty of people pay rent and eat well and aren't complicit in scams and get-rich-quick schemes. Plenty of people have jobs that pay well and don't pander to the lowest common denominator and reinforce ignorance...

If you think I'm advocating pandering to the lowest common denominator and reinforcing ignorance, you are mistaken.

I am pointing out the fact that within a system of social organization which allows "material capital" to be easily convertible to "social capital" this type of behavior will always exist. Moreover, in most cases it will be a superior social/business strategy.

Consider a hypothetical example. Evil Company X can do a "socially harmful" thing Y and make Z dollars or a "socially beneficial" thing W and make V dollars. Well, if Z - [the cost of whitewashing] > V, why not do it?

Furthermore, should the CEO of ECX opt to do V and forego greater profits, investors of X would be well-justified to vote for his removal at the subsequent board meeting. After all, the CEO was not representing THEIR best interests...

Interesting question: for younger folks who weren't aware of the Altria name change, does anyone think Altria is not a criminal enterprise?
What does criminal enterprise even mean?

Mostly everyone is a criminal, if you've gotten a city parking ticket you're a criminal.

If you've let your meter run out but didn't get caught it's still criminal. Didn't wear your seatbelt? Criminal.

Were you having a bad day but when you talked to the city clerk you told them it was going well? You're a criminal.

Altria sells a product that is harmful to people's health while providing other benefits, like most other products including car manufactures, coffee shops, etc.

Does Altria break a criminal statute? It's pretty much inevitable that they do.

Would I characterize them as a criminal enterprise? No.

Some people are far more concerned about living life than prolonging death. If you don't like cigarettes don't smoke.