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Reply to "Are we going to bail out our kids who now seem to think gambling is investment?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It’s the same story for all of the base vices: gambling, alcohol, drugs, p0rn, even devices and junk food. Yes anyone can become addicted and ruin their life, but it predominantly impacts the low IQ, mentally ill, victims of childhood abuse, and impulsive/low impulse control. Liberal/liberatarian social policy benefits cognitive elites on average.[/quote] And what sort of moral legislating would you propose society implement to counter these vices? I’m curious.[/quote] ChatGPT can help you avoid embarrassing yourself. Windfall Taxation on purveyors, advertising restrictions, limits on amount spent via mutual advance agreement with cooldown periods, mandatory disclosures and acknowledgement of risks in plain language, are a good start. These are all things that exist in some form in existing laws.[/quote]
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