If a man loses his money through unwise market speculation or by playing the horses, he has been punished in a manner which we may call passive. By this I mean that another person has not taken special, socially overt steps to harm the “offender.” This phenomenon has not received the attention it deserves

If a man loses his money through unwise market speculation or by playing the horses, he has been punished in a manner which we may call passive. By this I mean that another person has not taken special, socially overt steps to harm the “offender.” This phenomenon has not received the attention it deserves (Thomas Szasz, Law, Liberty and Psychiatry)