“But taking advantage of stupid people? Isn’t that a foundation of capitalism?”
I thought it was to provide a good, or service, that someone desires. Capitalism without morals isn’t really any better than Communism, because that’s where unjust societies head.
In the land of rainbows and unicorns your ideals exit. In reality the market will try to sell you the cheapest piece of crap with a higher profit margin than not.
Examples?
Ford Pinto
Chevy Vega
Pontiac Aztek
John Deere lawnmowers sold by Big Box stores
“Homeowner” grade chainsaws sold under brand name
Anything sold at Harbor Freight (yeah, its chicom but no one who shops there cares)