Why do we care so much about this specific form of people wasting their money? What’s wrong with letting people go broke the way they choose?
Why do we care so much about this specific form of people wasting their money? What’s wrong with letting people go broke the way they choose?
The good itself is produced by employees, has material inputs from suppliers, contributes to the economy in other ways.
I would say the problem isn't that it's a "waste", it's that the way it is sold is practically fraud. If the game was presented authentically as "pay $100 to click a button 100 times and watch some animations" then I don't really think it would be very addicting.
Why do you think people only care about this specific form? It's definitely one of the most discussed forms but I'd think that's mainly because it's a relatively novel medium.
I feel much the same way about betting shops, luxury brands, etc. as I do these "games". Luxury brands are often particularly detestable. It has become almost impossible to determine whether you're paying for a good quality product or just burning money. Even when of good quality, brands often go far beyond what could be considered moral. Hermes springs to mind in particular, convincing people to debase themselves in the hopes of being offered the chance to purchase an overpriced bag.