There might also be a mob-reaction against beeing gambled too much, resulting in conspiracy theorys and goverments built to execute those framed in those in conspiracies.
In other word, hacking your fellow mens livelihood might shorten your longterm survival.
If you are smart, you do not work hard.
Instead, it turns into a sort of competition, who has to work the least, to extract the most benefits and do the least amount of work. Hacking in that regard, is a competition of parasites.
My pet theory is, that having suffered for nearly 10.000 years under castes of priests and noble men unwilling to lift a finger, humanity has developed a near instinctive hatred for "parasitic" entitys, who ledge themselves to society extracting value without returning anything to society.
The moment, external circumstances in such a system create a down turn, the whole thing explodes, viciously attacking the non-contributors, trying to exterminate them and redistribute there ill gathered gains back to society.
Take a look at france during the revolution for example. Sometimes the parasites, manage to redirect the hatred towards internal or external outgroups, like the jews in germany during ww2, but in the end, the mobrule undoes most of the parasitic growth anyway by sheer brute force and endurance of turmoil.
In other word, hacking your fellow mens livelihood might shorten your longterm survival.