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by idiotsecant 961 days ago
Yes, that would definitely translate into abundance for all and not an extra 2% return to the owners.
1 comments

Learn what deadweight loss is. These costs are born by everyone, what percent of the cost is born by which parties is determined by the competitiveness of markets. Normal, law abiding, people are absolutely bearing the cost of bad actors.

We bear the cost in the form of needing to pay for police, surveillance cameras, security guards, security software, the justice system, lawyers, and jail cells. The money lost from each stolen good is spread across all other goods in the form of price increases, etc.