Thursday, December 01, 2011

Article: Corporate Psychopaths May Be Running (Ruining) Our Economy

This article is scary. It really is. It implies that corporate psychopaths may be responsible for bringing the world economy to its knees in the last recession. Just read the opening para:

"Given the state of the global economy, it might not surprise you to learn that psychopaths may be controlling the world. Not violent criminals, but corporate psychopaths who nonetheless have a genetically inherited biochemical condition that prevents them from feeling normal human empathy.

"Scientific research is revealing that 21st century financial institutions with a high rate of turnover and expanding global power have become highly attractive to psychopathic individuals to enrich themselves at the expense of others, and the companies they work for."

It goes on to state:

"Scientists believe about 1 per cent of the general population is psychopathic, meaning there are more than three million moral monsters among normal United States citizens. There is emerging evidence that this frequency increases within the upper management of modern corporations. This is not surprising since personal ruthlessness and fixation on personal power have become seen as strong assets to large publicly traded corporations (which some authors believe have also become psychopathic)."

If that was the case in the first recession then what's the prognosis in the present one? The prescient notion is that another dip in the economy is in offing, in the very near future. No wonder they are talking of occupying Wall Street.

I am @johnwriter on Twitter and John.Matthew on Facebook. I blog here.

No comments: