From an utilitarian perspective, and looking at the big picture, it’s still better for society if they lose their money to a con artist that just wants to get rich than if they give it to a con artist that wants to crown himself as king of an absolute monarchy.
From an utilitarian perspective, and looking at the big picture, it’s still better for society if they lose their money to a con artist that just wants to get rich than if they give it to a con artist that wants to crown himself as king of an absolute monarchy.
But he also reinforces them and develops a large financial incentive to support such wannabe monarchs
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