Religion
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I am an atheist and I believe the world would be much better without religions. Having said that, I don't conisder it as a scam in itslef. Instead they must have been something evolved over the time due to our ignorance, fear and helplessness. The very same factors that still keep them going.
But hell yeah, people are exploited in the name of religion. I'm from India, one of the largest so called democracies, currently under the governance of a fascist hindutva party that thrives on polarizing people in the name of religion.
BTW I was actually looking for specific instances of scams carefully plotted by known people, companies or even countries instead of broad answers like religion.
Having said that, I don’t conisder it as a scam in itslef
I think the more correct thing to say is that Organized Religion is a scam. There's absolutely nothing wrong with being religious (provided you don't force those views on others), but organized religion always winds up rotten at the top - and it's not surprising. Organized religion is one of the most powerful tools for controlling people, even if it wasn't (though it might have been) intended to be that way at the beginning. A king/president/dictator can threaten the lives of their subjects, but only a holy man can threaten their immortal soul (from the perspective of the devotee anyways).
Religion is used as a scam by many people. It is also used in other ways by other people.
Homeopathy, acupuncture, ozone therapy... all "alternative medicines" basically.
Once I made a joke online about paying for homeopathy by dipping a dollar in a jar of water and giving them the jar, and like five people I know unfollowed me lol
Did you hear the one about the homeopathic who tried to commit suicide?
He took a 10X dilution of cyanide.
I have a pinched nerve. I went to many doctors, done many tests, went to months of PT and was still in pain. I went to my acupuncturist and she is able to release the muscles around the pinch enough that my right arm doesn’t feel constantly numb. I a man of science. I don’t believe in he Chi traveling my body etc but the physical result of the acuponcture cannot be denied.
I feel the same about chiropractic - many people call bullshit, but I’ll be damned if they don’t help me. Like you, I don’t believe “your spine is where all your problems originate” like some chiropractics try to peddle, but the dude pushes on my back and it pops and it feels better.
The issue with chiropractors is that they treat the symptom and not the cause. If your back is misaligned, it’s because your muscles are pulling on it the wrong way, the chiro will pull it back in place but now your muscles are still pulling the wrong way and they may have pulled on the muscle to make it move and may have injured it, now your muscle says hell no you don’t and starts pulling even more. It’s instant relief with little lasting result. which is a great business model, instant result and returning customers because the problem isn’t treated. It’s like going to the mechanic because your motor is out of oil but not trying to fix the leak so you come back every week to refill the oil.
See an osteopath instead, in the UK at least, they are trained and regulated unlike chiropractors who regularly kill or permanently disable people with unsafe and inappropriate "manipulations".
I love how ruthless the wikipedia pages on these topics are, by the way. Do check them out if you get the chance.
Ponzi schemes, especially the insurance companies. They really are a Ponzi scheme.
Think about it, they promise you things asking for money, then when you need their services they decide where you go, how much they will pay (leaving the rest for you to pay as a deductible), then they turn around and increase your costs for their services, that they fight tooth and nail not to pay anything.
I argue insurance in and of itself is no ponzi scheme. Working together is the basis of all civilisation. Trying to make a business out of a social service however ... that's rife for abuse, yes.
I work in the insurance industry and I 100% agree with this.
The only time it's wise to take out an insurance policy is when
A) It's legally required (though this is sometimes due to lobbying by the insurance companies themselves)
B) When you absolutely will not be able to actually pay for a potential, but necessary expense by yourself (cancer treatments and stuff like that)
So Health Insurance, Auto Insurance (even if your car is cheap and self-insurable, the car you hit may not be), Home-owners insurance and stuff like that are necessary and generally a good financial bet, even if they are crooked af.
Any "micro-insurances" though? All total scams. Travel insurance, phone insurance (or "Extended Warranties"), Apple Care, all that kind of shit is 100% going to cost you more money to have than it'll save you - unless you get really really lucky (or unlucky, depending on how you look at it). You'd be better off spending what you'd pay on those insurance premiums on a hand of blackjack, I'll bet the odds would be slightly more in your favor that way
That you can get rich if you work hard.
Additionally, that it's okay to work yourself until death, because when you die you'll actually live a new eternal life of permanent luxury.
A large portion of art/artifacts are forgeries. Everyone is alright with it because galleries and collectors want to brag about having some unique old art piece and forgers are very good at making pieces that would fool anyone who is just looking at it.
Toothpaste.
You only need to squeeze out an amount the size of a pea on to the bristles of your toothbrush.
The image of squeezing along the entire length of the brush bristles was concocted by an ad agency, a la Mad Men, to make consumers use their toothpaste faster, hence buy more product.
I've never used that much. I just assumed it was to look nice since a pea sized about would look silly in a picture. I think it I used that much my mouth would be so full of foam it would be uncomfortable
Lotteries. They're just tax for poor people.
Bitcoin
Nah not really
Tax-free charitable organizations
Luxury handbags that cost $60k. Not just a handbag, but to diversify your investment and launder money.
Neither are scams but the UK is fond of permanently doing temporary things. Income tax in the UK was first imposed as a temporary measure to fund the Napoleonic Wars but after Waterloo it was never repealed since it brought in so much. Same sort of deal for the 70 mph national speed limit, it was a temporary measure in the 1960s apparently in response to someone caning it down the motorway in an AC Cobra and as we know, there’s nothing more permanent than a temporary solution.
Theranos ‘company’.
Oh yes, I've heard about this. Thanks for reminding.
Adding more details for others:
Founded in 2003 by then 19-year-old Elizabeth Holmes, Theranos raised more than US$700 million from venture capitalists and private investors, resulting in a $10 billion valuation at its peak in 2013 and 2014. The company claimed that it had devised blood tests that required very small amounts of blood and that could be performed rapidly and accurately, all using compact automated devices which the company had developed. These claims were later proven to be false.
Bernie Madoff should have been caught years before he did.
There's zero chance the SEC wasn't fully aware of what he was doing, just like they're fully aware of what Ken Griffen is doing.
ESG and carbon offsets as an effective way of combating climate change
Neoliberalism!
The second is financialization.
Both are huge scams still running.
Proprietary software. Still going strong.
Phoebus Cartel, essentially the few oligopolistic light bulb companies got together and colluded and intentionally reduced the lifespan of light bulbs.
I’d like to point you to this excellent video by Technology Connections.
ITT: Things people personally think are scammy, but not actual legally-defined scams.
When a scam is good enough it gets put into law.
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.
Battle Passes
But in history it took forever for people in Holland to realize that Tulips are not worth entire plots of land
Bitcoin
This thread just opened my eyes. I really thought Lemmy being so young would mean the average users would be pretty saavy and intelligent. Nope, same idiots as Reddit and everywhere else.
You're free to have your own opinions. But please note that your tone is not helpful and you may be just doing what exactly you're speaking against. Let's keep the discussions civil and healthy instead of labelling people.
Cool cool what’s the right answer then?
Are we allowed to mention capitalism and brexit?
Compound interest