On Chess and having sensible rules to play be
- Charles Fraud
- Apr 18
- 1 min read
The principles of chess apply to life. Chess's rules are simple, so virtually anyone can understand and play (being good is another thing altogether and relative to the competition, unless you're THAT good - usually I am not). The rules of the game are important. They cannot be discarded without risking spoiling the authenticity of the competition.
For instance, if someone breaks the rules by moving in an invalid manner... the game could be completely compromised. Or, the game could play on and nobody will be the wiser and all consider it to be a fairly played game. In society, as in chess, if someone intentionally moves "erroneously" and then strategically refuses to admit any "error" occurred, this is manifestly unfair. In chess, the players start with equal footing. In the investment world, a completely different reality exists where the advantage goes to the game host. So, gaining any additional advantage gained through unjustified means is simply repulsive.
Concealing the proof of fraud, conspiring with supposed competitors, and using the legitimate corporate legal muscle to aggressively deny that any error occurred, well that is deserving of a punishment severe enough to ensure that others won't be motivated to carry out the same types of scheme. Fines should be measured in the hundreds of millions or even billions, otherwise the financial incentive to deny and conceal known wrongdoing. (In 2004, the penalty for corporations violating the Sherman Antitrust Act was raised to $100 Million. Maybe its time to update that to account for inflation and consolidation of entire industries into mega-corporations).
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