In my opinion, Lolorito is neither good nor bad. He's self-interested, first and foremost - everything he does is for his personal gain, be it short-term or long-term. This is why so many people dislike and are distrustful of him. The protagonists regularly risk life and limb for others; someone who cares first and foremost about his own well-being (wealth) and gain is a stark contrast.
Take, for example, lending the EATC office in Kugane to the Scions for their use during the Doman campaign. It's a nice gesture and his way of making up for the assassination plot going awry, right? Well, it is... but on further inspection it's also a means for Lolorito to benefit tremendously from our effort while risking next to nothing. With Doma freed, the Imperials' grip on trade and goods being shipped across the Ruby Sea is gone, letting him import exotic Doman goods and export Eorzean goods to Domans. It's also an attempt to make himself look better to the Scions, though they seem to know better than to trust just about anyone on the Syndicate. And for all this, he has no real skin in the game - Lolorito has nothing to lose by lending the EATC Kugane office to the Scions, since Hancock can continue business as usual even with them there. Nothing to lose, everything to gain.
The Goldsmithing school and Saltery follow similar paradigms; he is fronting no capital, but benefiting tremendously in the long run.
The friction between the Sultanate and the Syndicate is a conflict of power. The Syndicate is trying to erode the Sultanate's power, presumably so they can reap bigger profits (despite the name, "monetarist" is a misnomer when it comes to the Syndicate unless their stance on fiscal policy is expanded - they're much closer to plutocrats, or the belief that the rich / wealthy should hold great(er) political power); the Royalists believe the Sultanate should have more power (which is also a problem depending on the ruler - Nanamo's populism may be to the benefit of contemporary Ul'dahn commoners, but one only need look at Ala Mhigo's King Theodric to see why this is also a very flawed political system).
Godbert's example is how capitalism is supposed to work - someone taking a brilliant idea (Gold Saucer) and using it to not only enrich themselves but to provide for others (Gold Saucer gives him income while also providing Ul'dah's poor with gainful employment). The difference between what Godbert does and what Lolorito does is that Godbert takes great personal risks - the Gold Saucer doubtlessly cost millions if not billions of gil to build, which he (presumably) fronted himself, while Lolorito used the Sultanate and Scions to do the hard part for him while reaping the benefits.
In short, Lolorito is not a "bad guy" - just a self-interested scuz bucket you can trust to be a self-interested scuz bucket who profits from the hard work of others while risking next to nothing himself, which is why I (and I would venture to guess a lot of other people) don't like him. (At least he's predictable.)




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