Meowth wrote:
Aestu wrote:
Yuratuhl wrote:
I will never understand this trust in the private sector.
The same reason the lotto is more popular than blackjack.
But I can win LOADSAMONEY
Meowth (of all people) got the point I was making.
The lotto (or slots, or other RNG based forms of gambling) are more popular than blackjack and other purely skill/probability-based forms of gambling because everyone, in principle, has a chance to be a winnar.
Never mind, of course, that the odds in lotto and slots are horribly skewed against the player. That the pot is only a tiny fraction of the sum of all bets. It is somehow appealing to think that one can be a winnar and take home millions simply by anteing up.
Now, games like blackjack or poker - the game offers the player a fighting chance, and capitalizing on that fighting chance is a much more realistic possibility than striking the lotto jackpot.
But that fighting chance requires two things - it requires intellectual effort, and it requires an acknowledgement of one's own limitations. That kind of courage is beyond most people. So instead they just put down a few bucks on the lotto so they can hold onto that hope that they, too, can strike it rich.
So to answer your question, Tuhl, faith in the free market works the same way.
People who have no chance champion the cause of those rigging the tables because, like the guy chucking away $10 a week on lotto when he'd be better off buying penny stocks or junk bonds, what they're buying into is the mythos of success. That they, too, can be a winnar.
Now you could tell that to the guy buying the lotto ticket - that purely on the basis of probability, his chances of striking a jackpot would be better buying a random penny stock each week in the hope that one might be the next big thing. No matter how you throw it at him, though, he'll keep buying his lotto tickets. It's not a rational thought process.
And by the same token, for people buying into the mythos of lasseiz-faire, no reasoning will overcome the mythos that makes it appealing. It lets them dream that they can be important.
...tabbing back into Fallout: New Vegas...