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by potatolicious 5228 days ago
> "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...

1 comments

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...