To be fair that's all based on morality which is subject to vastly differing viewpoints depending on circumstance, time period, etc.

I think most of the people here would say that's a bad deal - but I don't think there's any way to say definitively that such is the case.

It's possible a more open society with less secrets is a better society - but I don't know that, and I don't know that the opposite is true.