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this is a good joke but this also speaks to a truth about 2025 America: the growing, horrible sense among many people that running scams is the only path to basic financial stability this is, of course, utter poison for human society

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I mean, I’d totally do some scammy bullshit atp if it meant I could be financially stable, build wealth for retirement, and help my community. It feels like those things are so out of reach; I have a STEM degree and a related job but can’t afford a fucking car to replace the stolen one.

The evidence points to universal basic income reducing this kind of behavior. bsky.app/profile/scot...

Scott Santens@scottsantens.com

There's a lot of misinformation out there about the concept of universal basic income. If you want to be well-informed, follow me and learn about what we know from studies in this thread: bsky.app/profile/scot... Here's a UBI starter pack too: bsky.app/profile/scot... And here's a UBI 101 link:

All the markets (stock, housing, education, healthcare) are susceptible to scams and will definitely be hammered when they roll back regulations. All the new funny money and social media scams are what this generation knows and, you're right, they probably think it's all good as long as "I got mine"

It's what capitalism is reduced to when those with the greatest concentrations never earned a cent but succeeded on the scam of hype alone. So now it's all just crash and burn and trying to extract a profit from the chaos or another possible pandemic.

A good chunk of the economy feels like scams and we spend too much time dodging them to dodge them all I’m Mad at Google for deciding to put scam website that pay over the one I searched for. They do it Just waiting for you to have a bad day and be less focused and get caught and it sucks. Fu goog

If you go - right now - to the the CNBC business website, one of the Trending Topics is: "I have 5 income streams and make $1 million from Amazon: My No. 1 advice for starting a side hustle" *side hustle*

I’m also not saying that it is at all ACCURATE that people must run scams to enjoy financial stability - the problem is that a lot of people increasingly have come to believe this is so, for not totally un-understandable reasons

Why be legitimate when you can create a financial bubble using fraud that not only you don't go to jail for but you get richer while the taxpayers get poorer? Thanks Obama administration for destroying our faith in justice.

This is why it’s hard to explain the concept of “zero-sum” to a population that increasingly has little or no lived experience of the alternative.

They made so much easy money already that they feel entitled to lots more, even easier money, not this decade, not this year, but today, with absolutely no work. Sliding the buy sell button on the app is proof of their brilliance. And if it fails, others are to blame and must compensate.

and the worst part is that most people who push the idea of financial stability are the 'info-marketing' charlatans selling regurgitated mindset/motivation junk with a side of basic sales writing. many of those are either scammers-in-training or believe their own bs from just being lucky.

Oooh I have been thinking about this. Not just Trump but Theranos, Sam Bankman-Fried, Musk even before now, it’s like the American dream has shifted to be the greatest huckster.

The United States has been a nation of grifters for some time, and the current crop of tech bros has lead that charge.

It's this stage of capitalism in a nutshell. Under capitalism, ethics and empathy are weaknesses; by choosing not to hurt or scam people, you're leaving money on the table. Money that someone with fewer scruples will take and out-compete you.

And that cycle repeating over decades, while eroding government regulation that would otherwise limit that escalation, has led to people like Trump and Musk, two of the sleaziest conmen the world has ever seen, getting enormous wealth and power, while almost everyone else struggles just to get by.

So I can see why people might be tempted to abandon morals and turn to scamming, even if I obviously don't agree with it. Just like how I can see why the desperate might turn to crime or drug addiction to cope with capitalism.

There are also the smaller scams: extra money for the most basic comforts on airlines, the junk fees, the refusal to allow a real person - without a script - to help us on the phone. It all chips away at our humanity and trust.

Ill have a PhD in ecology soon and most of my job prospects were in govt or academia. My friend is a social worker helping the elderly and homeless but her nonprofit's funding just got slashed and she's burnt out. We joke about starting a side hustle selling sawdust supplements.

I remember distinctly the med school class where one of our professors said former colleagues had sold out to run antivax scams and made millions. He tried to counter them and got nothing. I hate feeling like I'm getting fleeced just because I'm trying to do a meaningful physician-scientist career.

Of course this is true in medicine generally. Pediatrics? Child neurology? Family medicine? Atrocious pay. Lower if you become a sub specialist and focus on rare diseases and sicker kids. Meanwhile your classmates who do dermatology make bank. It's not a scam of course (derm is important!)

You make less money in your career for getting the extra training as a physician-scientist. You would make more money with a better lifestyle making slide decks for McKinsey. While I'm making nothing my high school friends are in the high six figures. It's depressing.

I love my job. I wouldn't trade it for the world. But I still feel like watching senior pediatricians who do amazing work and impactful science .make less than 25 year olds who tell companies to do layoffs has made me feel like I'm being scammed because I care about people.

Trying to do things ethically, even in my hobbies that I'd like to make into a career *someday*, has felt like I'm deliberately hamstringing myself. I'm using my GI Bill to learn how to actually do qualitative research for my writing. I could be making money *now* just AI slopping on Substack.

Replying to myself because Faine reposted (I appreciate it!), but anyone liking this deserves to know that there was a point when it was super tempting. I've since returned to re-nurturing my graphic design "skills", video, and audio editing. It's work, but it's the only way I'll live with myself.

I figured that if I'm going to put this much effort into getting my facts straight, I shouldn't cut corners with my ethics in other places, especially if I start trying to make money off of anything. I did not always feel this way, and should definitely not be lauded for it.

I guess it kind of goes back to Faine's main point: when you grow up working class in the US, especially as a white cis male (and can internalize some sense of entitlement even if you don't mean to), you are bombarded with temptations to take shortcuts. "To get yours". It's hard for some to unlearn.

So many people in tech and the billionaire class and their sycophants value only money. They can't compute the "I will never get rich" part of that formulation. So they gleefully attack and destroy good people who just want to do meaningful work for a decent wage.

They even argue for and justify their obscene wealth by saying that nobody would ever do anything without that motivation... maybe the rest of us are a threat to that by our mere existence?

This has been my entire 25-year career. The upsides of government work are 1) it serves the greater good, and 2) it is stable. #2 is in flames, and the looters want to wreck #1.

Exactly. I experienced both first hand. So many people have the expectation that a stranger asking questions must be out to take them for a ride, so they aren't willing to take part in surveys for the federal government.

I mean, that's kind of hustle culture in a nut shell. All those MLMs are just scams with better marketing. Perhaps part of the problem is that scams are so entrenched in our culture and have been for a while, it's eroded our ethical consciousness when it comes to labor

Yup, been saying this for a while. The generation of 20-somethings grew up watching their GenX/Millennial parents get repeatedly betrayed by their employers, the reward for hard work/loyalty being pay cuts/layoffs and demonization in the press re “lazy workers”. Only a sucker keeps playing that game

I recall news stories about youths in Greenland having envious breakdowns and existential crises that led to suicide waves when they got MTV and the internet and saw how middle-class Americans and celebrities lived.

I don’t think the two are mutually exclusive. You don’t have this moment w/o influencers, but the influencer message doesn’t stick without at least some learned life experience that hard work & honesty doesn’t matter.

I had an opportunity to do an ICO back in the late 2010s but turned it down; I do a bunch of volunteer work for the love of the game. I feel my soul corroding but I can't give up, not right now. Maybe the future will still be better if I work for it.