this post was submitted on 10 Aug 2023
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Asklemmy

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[–] [email protected] 16 points 1 year ago (1 children)

Lottery's the expected value is always lower than the prize of a ticket. And even if you win it is on the back of other poor desparete people who lost. An then there is the fact winning often leads to a lot of other problems.

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[–] [email protected] 16 points 1 year ago

Battle Passes

But in history it took forever for people in Holland to realize that Tulips are not worth entire plots of land

[–] [email protected] 15 points 1 year ago (6 children)

Phoebus Cartel, essentially the few oligopolistic light bulb companies got together and colluded and intentionally reduced the lifespan of light bulbs.

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[–] Piecemakers3Dprints 13 points 1 year ago (4 children)

Religion. The absolute first.

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[–] [email protected] 13 points 1 year ago

Neoliberalism!

The second is financialization.

Both are huge scams still running.

[–] earthseedle 13 points 1 year ago* (last edited 1 year ago)

The Bernie Madoff investment scandal. Started in the 1970’s and continued into the 2000’s. It eventually dissolved in 2008 during the financial crisis. There’s a really great documentary on Netflix about it.

[–] [email protected] 12 points 1 year ago (6 children)
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[–] _I_ 10 points 1 year ago

The one I'm running right now, and you don't have a clue, Kevin!

[–] [email protected] 10 points 1 year ago (4 children)

1950 to present antipsychotics whose severe side effects are written off as crazy talk.

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[–] [email protected] 9 points 1 year ago

FΓ³sil fuels

[–] [email protected] 9 points 1 year ago
[–] [email protected] 9 points 1 year ago

Are we allowed to mention capitalism and brexit?

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