The shareholders who contribute nothing of value and yet still require more and more wealth be extracted from retailers? Yeah, we’re definitely all paying more because of those thieves.
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, jail cells. The money lost from each stolen good is spread across all other goods in the form of price increases, etcetera.
> shareholders who contribute nothing of value
They are shareholders because someone presumably at some point contributed something to society which resulted in them earning money to invest.
> someone presumably at some point contributed something to society
Even if that is true, which it’s not: in a shockingly high number of cases it is actually harming society that got people money. Even if it is true in a specific case - this premise implies that someone at one point contributing something to society entitles them to drain money from everybody else forever.
We all understand how we bear the cost of theft, but i don’t believe that theft is caused by bad people - it’s an inherent byproduct of a system that REQUIRES poverty to function.
Worst justification ever. Is this satire? History is full of legal things that were theft. Take your pick: the british crown taking land from whomeever. Slavery, chattel and indentured. Redlining. The potato famine.
Stealing from those who can afford it, in order to meet your basic needs (housing, food, etc) is not wrong. While taking the fruits of other’s labour because you have money, when you know the result is others not being able to afford their basic needs, is wrong.
We bear the cost in the form of needing to pay for police, surveillance cameras, security guards, security software, the justice system, lawyers, jail cells. The money lost from each stolen good is spread across all other goods in the form of price increases, etcetera.
> shareholders who contribute nothing of value
They are shareholders because someone presumably at some point contributed something to society which resulted in them earning money to invest.