Conspiracy Theory of Competition

The usual accepted social norm is to party, make a side (or complete) career out of chasing dumb girls thirsting and daydreaming for lonely men (or vice versa), go to school, get a job, get a lengthy loan on some X vehicle and Y home that everyone else has, and work only as a salaried or hourly employee until retirement- throwing spare pocket change only in the low interest Savings Account and/or paying down the low interest mortgage. Or for the latter, the other widely accepted alternative is to rent and live paycheque to paycheque forever.

Risk takers such as entrepreneurs, investors, traders, piece rate, commission-based, or other incentive-based income earners, the ambitious looking to move up their career ladder, and generally those who want to do something different, are shunned upon:

• They do not fit in typical social norms. Most people seek social acceptance, and want to only do what everyone is doing. Most are doing the first premise of this article; if Person A is doing X with his/her life, then Person B just assumes X is the best approach of life. If Person B does something different, then he/she does not fit in and hence becomes lonely.

 

• To better oneself is widely viewed to sin. Most are told just to be grateful, and to want more is to be a bad person. If Person A wants more than Person B, then people frown upon Person A for being greedy, and to make Person B look bad. To want to make money is to be evil. To want to look better than others is to sin. To become a landlord and shareholder is a move of greed and evil to profit off the hard working backs of the poor public.

 

• They screams risk to financial firms- not only the textbook definition of risk, but the risk of losing candidates for debt enslavement. Financial institutions give risk takers incredible misery in acquiring regular consumer debt, and venture and investment capital. They like the average salaried employee who makes little but sufficient money to service his/her debts almost indefinitely, enriching their shareholders. Risk takers have higher potential to escape the debt cycle and in the long term, often are not as profitable hence.

 

• They are a threat to decreasing financial firm revenue. Lenders want everyone just to mold into and maintain a homogeneous social fabric. They want to indebt and hence profit off the public indefinitely by brainwashing the public into debt-fueled consumption to fulfill unmet wants and needs shared by a common population. They also want to brainwash the public into believing high student debt leading to mediocre paying work is the only route to career success, not the likes of entrepreneurship, trades, and investing. “Keeping up with the Jones” is the ideal public mindset for banks and their shareholders. The more people that use debt to fit in and be like everyone else, the better.

 

• They threaten the profitability of employers and their shareholders. Employers and shareholders want bodies just sufficient enough to perform a given role, but never too good so that they outdo them, and/or leave. They want people just grateful to have a job, not those looking to move up the ladder. They want people to work more for less. A desperate, grateful worker willing to accept low wages but work hard indefinitely to produce high profit for the company over the long term, is often the ideal worker. They seek the highest production per dollar; marginal profit.

 

• The psychology of financial firms works against risk takers. Many bankers are just average post-secondary (if even) graduates who just wanted a salary job and average life. They are afraid of taking risk to make higher returns than their employment income, hence why they are stuck there. Many are just losers stuck at their mediocre jobs and are jealous of anyone doing better than them. They do not like those who potentially can exceed them on the social ladder. They also are narrow minded and molded into their financial logic based on their training, and believe their logic is always superior to one not in a financial firm. As consequence of above-average financial literacy, they also are educated on the dark side of the financial world (such as real estate and stock market “inevitable crash” theories) and believe they hold a Crystal Ball to the future. Often credit underwriters and others who hold the power to approve a customer act like your Mother, telling you what you should or should not do with your life.

 

• The public fears an emergence of a superior race. Most people do not want others to become better than them, in fear they will look worse and be exceeded on the social ladder. They do not want to lose job opportunities to people exceeding them in qualifications. They do not want someone else next to them looking better when trying to pick up/attract a woman/man at the bar. They do not want to be squeezed out of home ownership in a given  property class admist those who worked harder for more buying power. They do not want a greater social divide, and want everyone to be on the same level. They want everyone just to fit in; a homogeneous social fabric. Some want to just remain lazy and not need to work hard in life. Competition threatens that desire and forces them to work harder. They do not want their offspring to fall victim to intensified competition from a superior race in the future generation, for all of the above rationale.