Not necessarily. If the blackmailer has any marketing skills he will charge according to the target's ability to pay. A wealthy person will be hurt by inflating the cost of silence. Qny good used car salesman knows that discerning the customer's income is the first step in determining price.
Who guards the guardians? Shall there be societies of meta-blackmailers, who blackmail the blackmailers? And meta-meta-blackmailers and so on, until all public discourse is well chilled and tinged in fear? God, who made the creation, surely cannot be denigrated as a fool when making statements about how to run it, such as calling for well defined systems of justice that can’t be bribed.
Wealthy people should only be allowed to cover up their LEGAL crimes ;)
“If the blackmailer has any marketing skills he will charge according to the target’s ability to pay. “
The target’s willingness to pay would weigh fairly heavily.
From a purely economic standpoint, it might be better to just kill the blackmailer.