If one would be to chronicle the history of illegal or unfair use of economic practices, one would probably need to fill ten tomes of at least a thousand pages each. From rich to poor, almost everybody has, at least once, suffered due to our misshapen financial system.
There are many reasons for this, such as perfectly healthy and natural human greed. The problem is that greed and other evolutionary adaptations have been allowed to spiral out of control by a broken educational system. Insufficient education allows profit-seeking entities to exploit evolutionary weaknesses. They profit by making individuals invest into items and activities of no real value (no increase in happiness and no profit for the individuals or their families).
What I advocate is ethical everything. The implementation of such a system concerns the fusion between an ever-evolving ethical framework and a super-fragmented decentralized financial system. Let’s see what these terms mean.