Sam Bankman-Fried's professor mother penned 2013 essay shredding 'philosophy of personal responsibility'

Bankman-Fried's mom argued that 'the philosophy of personal responsibility has ruined criminal justice and economic policy'

The mother of Sam Bankman-Fried, the beleaguered founder and former CEO of the now-bankrupt crypto exchange FTX, is a Stanford Law professor who penned a 2013 essay arguing that it is time for Americans to ditch the "philosophy of personal responsibility."

Barbara Fried, who just resigned from the Democratic super PAC Mind the Gap as the board of directors chairperson, penned a 2013 essay in the Boston Review titled, "Beyond Blame," which argued in favor of harm-reduction policies like rehabilitation over incarceration.

"The philosophy of personal responsibility has ruined criminal justice and economic policy," Fried wrote at the time. "It’s time to move past blame."

"Public reactions to wrongdoing have been studied most extensively in the context of crime," she wrote. "Researchers have found that peoples’ evaluations of serious wrongfulness vary significantly across social conditions and individuals. Tellingly, the more information people have about the context of the crime, the person who committed it, and the circumstances he or she came from, the more nuanced are their views of moral responsibility."

Sam Bankman-Fried

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during the Institute of International Finance annual membership meeting in Washington, D.C., on Thursday, Oct. 13, 2022. (Photographer: Ting Shen/Bloomberg via Getty Images / Getty Images)

"The fact that we alter our judgments of blameworthiness as we acquire greater knowledge of the person and the context in which she acted should put to rest any thought that our blaming practices are naturally immutable, or even recalcitrant," she continued. 

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Fried argued that harm-reduction policies are "not to coddle criminals, or to deny their accountability or volitional capacities. It is to reduce future harm at a tolerable cost to all of us, wrongdoers included, by influencing wrongdoers’ future choices through rehabilitation, more carefully calibrated deterrence, and, when necessary, isolation from society."

Sam Bankman-Fried,

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, on Wednesday, Aug 17, 2022. (Jeenah Moon/Bloomberg via Getty Images / Getty Images)

Fried concluded that "we have gotten nothing from our 40-year blame fest except the guilty pleasure of reproaching others for acts that, but for the grace of God, or luck, or social or biological forces, we might well have committed ourselves."

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Fried’s essay was first reported on Twitter by author and former California gubernatorial candidate, Michael Shellenberger.

Stanford Law School and Fried did not immediately respond to Fox News Digital’s requests for comment.

FTX, once the world's third-largest exchange with a valuation near $32 billion, sent shockwaves through the crypto world on Friday when it announced that it was filing for bankruptcy, along with Alameda Research and other affiliated companies. Days earlier, industry rival Binance backed out of a deal to buy its troubled competitor after taking a look at the books and learning that FTX had "mishandled customer funds."

Sam Bankman-Fried, CEO of FTX US Derivatives, testifies on Capitol Hill in May 2022

From right, Terrence A. Duffy, CEO of the Chicago Mercantile Exchange, Sam Bankman-Fried, CEO of FTX US Derivatives, Christopher Edmonds, chief development officer of the Intercontinental Exchange, and Christopher Perkins, president of CoinFund, test (Tom Williams/CQ-Roll Call, Inc via Getty Images / Getty Images)

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Bankman-Fried, the firm's founder and CEO, announced his resignation when the bankruptcy papers were filed in Delaware on Friday.

Both the company and Bankman-Fried are under investigation in the U.S. and other countries for possible securities violations amid allegations that FTX used $10 billion of customer funds to prop up Alameda Research, its affiliated trading firm. 

Fox Business’ Megan Henney contributed to this report.