Extracting Wealth Unfairly
There are all kinds of ways of extracting wealth unfairly from others. They include:
- threat of violence (mugging, extortion).
- con games, making promises of large rewards without delivering.
- adulteration. Providing watered down or defective goods.
- price fixing.
- monopoly. Eliminating other providers of a good or service then jacking the price way up.
When it comes to enforcement, nearly all the effort is placed on burglary. Corporate and ecclesiastical crimes are almost never prosecuted. This is odd given corporations take billions with their schemes and most burglars don’t even reach middle class incomes. Our notions of theft, roughly speaking, make it ok for the rich to steal from the poor but not the reverse. Eventually, this framework will be considered part of the upper class’ shameful exploitation of the rest, quite at odds with our current view where the middle and lower classes feel honour-bound to co-operate in unfair transfer of wealth from poor to rich.~ Roedy (1948-02-04 age:69)