When hearing stories about swindlers and marks, Americans have a peculiar tendency to be angry at the mark instead of the swindler. The mark is almost as guilty as the swindler for being so gullible. If there weren’t so many dumb marks, swindlers would all be out of business.
This odd belief has created a rather interesting way of looking at business transactions. The basic assumption in business is that the other guy is somehow trying to screw you and you need to be extremely vigilant in order to avoid being taken. People expect salesman to overpromise, overcharge, and avoid talking about problems with the product. Since swindling is a part of the salesperson job description, people aren’t much bothered when they learn that the salesperson they are dealing with is a swindler.
Swindling is part of the American DNA. Swindlers began arriving on these shores pretty much the start. I remember Sister Mira telling the story of the Dutch buying Manhattan from the Indians. It amused her to no end how stupid the Indians were when they sold the island for $24. How could they sell such prime real estate for such a low price? Couldn’t they see that New York would soon become one of the most important cities in the world? The Dutch, on the other hand, were smart businesspeople. Doing what businesspeople do screwing over people to get a better price. The Dutch were smart, the Indians weren’t. There was no shame in underpaying the Indians.
Of course, Manhattan was not the great city it became when the Dutch settled, so the $24 might have been a fair price at the time. That, however, isn’t the story the Sister Mira was telling. She was telling a story about how the Dutch outsmarted the Indians and it was perfectly acceptable business practices to do so. Yes, children, at a Catholic school no less, learning that it is perfectly all right to screw people over in a business transaction. Being fair is not a part of capitalism. If the Indians wanted a fair price it was their responsibility to bone up on Manhattan land values and not for the Dutch to offer a fair price. Deception is just a part of business.
When I moved to California, I learned that my car would not meet California pollution standards. It was an older car. I decided it would be easier to buy a new one in California and sell my old car in Kansas rather than driving an old car half way across the country and upgrading. Since I never sold a car before, I asked for advice from a guy who I knew had experience in buying and selling car. He immediately offered to buy my car, giving me the impression, that, oh shucks, I know you are in hurry to leave, I don’t need the damn thing but let me just take this off your hands so you can leave without worrying about selling your car. I took him up on the deal. Once the title and the check changed hands, he couldn’t wait to tell me how he just screwed me over. The car was worth at least a thousand dollars more than he paid.
I should have known, right? Absolutely I should have known that was why I asked him in the first place. I wasn’t trying to sell him the car, I was trying to learn how. Instead of telling me how, he, knowing I didn’t know what I was doing, offered to buy the car. Then, after the sale, he gives me the lesson that I wanted in the first place. He took advantage of me and felt absolutely no guilt about it. To add salt to the wound, nobody felt the least bit sorry for me. I should have known better.
These stories litter the American Business history. Antique dealers going to garage sales and finding a treasure. They buy the treasure for a song and then earn a fortune on the resell. The antique dealer is admired for his business savvy while the seller is a chump. If the seller doesn’t know what he has that is his own damn fault. The seller got the price he was asking for. There are no moral qualms about it that is just the way Capitalism operates.
Getting a fair price is different from getting a good price. One is laying all your cards on the table and the other is just deceiving someone. Shamelessly deceiving at that. This is particularly annoying when many pro-Capitalist apologists try to argue that Capitalism is the only moral system. I am uncertain what lesson Sister Mira was trying to impart to her class. What I learned, though, was that you don’t have to be fair when working in business. Do whatever you need to do to get the deal done. Be the swindler and not the mark. How this jibes with making me a good Catholic, which I mistakenly believed was Sister Mira’s primary responsibility, is beyond me.