It's extremely unfortunate that a lot of our society has bundled together the ideas of "Unethical" and "Profitable" so much that people are attracted to evil industries taking advantage of the poor, because they think it will get them a lot of money.
Can't wait until this shit is pushed onto a bunch of zoomers who are looking for the next way to get rich without doing any actual work.
I think there exists a group of people who are actually attracted to doing things that are unethical because the association in a lot of business that unethical = profitable can create some really strong priors. Like, if something is unethical, it will make some people more interested than if it was ethical, because they've associated unethical business with incredible profits.
I don't understand this perspective. Debt isn't just something we made up to punish the little guy. I like being able to borrow money and go into debt if I wanted to. It's not something I want to have to do, but it's an option I want to have available to me. Creditors would find it harder to get paid back without debt collectors, and so would be less willing to lend in their absence. Therefore, debt collectors directly benefit all creditors, especially ones with less collateral, by lowering their interest rates.
Can't wait until this shit is pushed onto a bunch of zoomers who are looking for the next way to get rich without doing any actual work.