Grift: Difference between revisions
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* [https://en.wikipedia.org/wiki/Insider_trading Insider Trading]. | * [https://en.wikipedia.org/wiki/Insider_trading Insider Trading]. | ||
* Using political outrage to sell guns, flags, [https://www.npr.org/2022/09/07/1121447226/steve-bannon-fraud-charges fake border walls], [https://en.wikipedia.org/wiki/Mike_Lindell pillows], supplements, gold coins, etc. | * Using political outrage to sell guns, flags, [https://www.npr.org/2022/09/07/1121447226/steve-bannon-fraud-charges fake border walls], [https://en.wikipedia.org/wiki/Mike_Lindell pillows], supplements, gold coins, etc. | ||
Since the [[legal]] and regulatory systems cannot always intervene to prevent this type of behavior, [[capitalist]] [[culture]] needs to make them [[taboo]]. | |||
Revision as of 10:52, 27 December 2023
See Scams
Grift is used in favor of scam because it also includes legal but ethically questionable business models that permeate modern capitalism. Examples include:
- Pseudoscientific medicines, supplements and fad diets.
- Pyramid schemes and multi-level marketing.
- Corporate Rent-seeking.
- Timeshares.
- Telemarketing to the elderly (or anyone).
- Insider Trading.
- Using political outrage to sell guns, flags, fake border walls, pillows, supplements, gold coins, etc.
Since the legal and regulatory systems cannot always intervene to prevent this type of behavior, capitalist culture needs to make them taboo.