How Capitalism Turns Nice People Into Psychopaths

georgephillip

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Dec 27, 2009
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"The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"
Screen%20Shot%202012-04-04%20at%209.27.34%20AM.png

"It's conventional wisdom in business circles today that corporate directors should 'maximize shareholder value.'

"Corporations supposedly exist to serve shareholders' interests, and not (or at least, not directly) those of executives, employees, customers, or the community.

"However, this shareholder-value dogma begs a fundamental question. What, exactly, do shareholders value?

"Most shareholder-value advocates assume that shareholders care only about their own wealth. But it is increasingly accepted that the homo economicus model of purely selfish behavior doesn't always apply.

"This possibility provides a challenge to the dominant business paradigm of 'maximizing shareholder value:' the concept of the prosocial shareholder."

How Investing Turns Nice People Into Psychopaths

Homo economicus behaves with 100% rationality and a 100% focus on money as the primary incentive.

Is it problematic that a purely rational, purely selfish person is a functional psychopath?

Might that explain the logical disconnect between infinite growth on a finite planet?
 
It's always been this way. It's just that under Obama nobody was making money, they were just trying to survive. Now that Trump has added 6 Trillion dollars to the value of our country since he took office, there is actual money to be made.
 
"The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"
Screen%20Shot%202012-04-04%20at%209.27.34%20AM.png

"It's conventional wisdom in business circles today that corporate directors should 'maximize shareholder value.'

"Corporations supposedly exist to serve shareholders' interests, and not (or at least, not directly) those of executives, employees, customers, or the community.

"However, this shareholder-value dogma begs a fundamental question. What, exactly, do shareholders value?

"Most shareholder-value advocates assume that shareholders care only about their own wealth. But it is increasingly accepted that the homo economicus model of purely selfish behavior doesn't always apply.

"This possibility provides a challenge to the dominant business paradigm of 'maximizing shareholder value:' the concept of the prosocial shareholder."

How Investing Turns Nice People Into Psychopaths

Homo economicus behaves with 100% rationality and a 100% focus on money as the primary incentive.

Is it problematic that a purely rational, purely selfish person is a functional psychopath?

Might that explain the logical disconnect between infinite growth on a finite planet?

dumbsjwdemocrat-brain.jpg
 
It's always been this way. It's just that under Obama nobody was making money, they were just trying to survive. Now that Trump has added 6 Trillion dollars to the value of our country since he took office, there is actual money to be made.

Have you seen a picture of the market since 2011, up and steady climb.

Now where has trump added 6 trillion dollars to the value of our country. Please provide a link.
 
It's always been this way. It's just that under Obama nobody was making money, they were just trying to survive. Now that Trump has added 6 Trillion dollars to the value of our country since he took office, there is actual money to be made.

Have you seen a picture of the market since 2011, up and steady climb.

Now where has trump added 6 trillion dollars to the value of our country. Please provide a link.
Since obama sent everything rock bottom with his energy policy, things couldn’t go lower so up was the alternative.
 
It's always been this way. It's just that under Obama nobody was making money, they were just trying to survive. Now that Trump has added 6 Trillion dollars to the value of our country since he took office, there is actual money to be made.

Have you seen a picture of the market since 2011, up and steady climb.

Now where has trump added 6 trillion dollars to the value of our country. Please provide a link.

You can look it up yourself. Google works for you too. But I'll do it this time only. I stand corrected. It's almost 7 trillion. I'm sorry. I'll try to be more accurate next time.

Can President Trump take all credit for $5.4 trillion in stock gains since election?

Stock market's value under Trump has grown by $6.9 trillion to $30.6 trillion
 
"The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"
Screen%20Shot%202012-04-04%20at%209.27.34%20AM.png

"It's conventional wisdom in business circles today that corporate directors should 'maximize shareholder value.'

"Corporations supposedly exist to serve shareholders' interests, and not (or at least, not directly) those of executives, employees, customers, or the community.

"However, this shareholder-value dogma begs a fundamental question. What, exactly, do shareholders value?

"Most shareholder-value advocates assume that shareholders care only about their own wealth. But it is increasingly accepted that the homo economicus model of purely selfish behavior doesn't always apply.

"This possibility provides a challenge to the dominant business paradigm of 'maximizing shareholder value:' the concept of the prosocial shareholder."

How Investing Turns Nice People Into Psychopaths

Homo economicus behaves with 100% rationality and a 100% focus on money as the primary incentive.

Is it problematic that a purely rational, purely selfish person is a functional psychopath?

Might that explain the logical disconnect between infinite growth on a finite planet?
I didn’t expect you to have the intellect to understand.
 
"The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"
Screen%20Shot%202012-04-04%20at%209.27.34%20AM.png

"It's conventional wisdom in business circles today that corporate directors should 'maximize shareholder value.'

"Corporations supposedly exist to serve shareholders' interests, and not (or at least, not directly) those of executives, employees, customers, or the community.

"However, this shareholder-value dogma begs a fundamental question. What, exactly, do shareholders value?

"Most shareholder-value advocates assume that shareholders care only about their own wealth. But it is increasingly accepted that the homo economicus model of purely selfish behavior doesn't always apply.

"This possibility provides a challenge to the dominant business paradigm of 'maximizing shareholder value:' the concept of the prosocial shareholder."

How Investing Turns Nice People Into Psychopaths

Homo economicus behaves with 100% rationality and a 100% focus on money as the primary incentive.

Is it problematic that a purely rational, purely selfish person is a functional psychopath?

Might that explain the logical disconnect between infinite growth on a finite planet?

You aren’t getting any free shit, so suck it up buttercup
 
"The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"
Screen%20Shot%202012-04-04%20at%209.27.34%20AM.png

"It's conventional wisdom in business circles today that corporate directors should 'maximize shareholder value.'

"Corporations supposedly exist to serve shareholders' interests, and not (or at least, not directly) those of executives, employees, customers, or the community.

"However, this shareholder-value dogma begs a fundamental question. What, exactly, do shareholders value?

"Most shareholder-value advocates assume that shareholders care only about their own wealth. But it is increasingly accepted that the homo economicus model of purely selfish behavior doesn't always apply.

"This possibility provides a challenge to the dominant business paradigm of 'maximizing shareholder value:' the concept of the prosocial shareholder."

How Investing Turns Nice People Into Psychopaths

Homo economicus behaves with 100% rationality and a 100% focus on money as the primary incentive.

Is it problematic that a purely rational, purely selfish person is a functional psychopath?

Might that explain the logical disconnect between infinite growth on a finite planet?

View attachment 205001
How the Dominant Business Paradigm Turns Nice People into Psychopaths - Evonomics

"Given the evidence of pervasive prosociality, it’s easy to suspect most Union Carbide shareholders would have been willing to accept slightly lower dividends if this would have allowed Union Carbide to prevent the deadly explosion in Bhopal, India that killed 4,000 and severely injured thousands more."
Would you have been among those shareholders willing to accept slightly less money in exchange for saving 4000 lives?
 
"The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"
Screen%20Shot%202012-04-04%20at%209.27.34%20AM.png

"It's conventional wisdom in business circles today that corporate directors should 'maximize shareholder value.'

"Corporations supposedly exist to serve shareholders' interests, and not (or at least, not directly) those of executives, employees, customers, or the community.

"However, this shareholder-value dogma begs a fundamental question. What, exactly, do shareholders value?

"Most shareholder-value advocates assume that shareholders care only about their own wealth. But it is increasingly accepted that the homo economicus model of purely selfish behavior doesn't always apply.

"This possibility provides a challenge to the dominant business paradigm of 'maximizing shareholder value:' the concept of the prosocial shareholder."

How Investing Turns Nice People Into Psychopaths

Homo economicus behaves with 100% rationality and a 100% focus on money as the primary incentive.

Is it problematic that a purely rational, purely selfish person is a functional psychopath?

Might that explain the logical disconnect between infinite growth on a finite planet?
I didn’t expect you to have the intellect to understand.
Were you sufficiently intelligent to vote for Trump (or Clinton)?
 
"The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"
Screen%20Shot%202012-04-04%20at%209.27.34%20AM.png

"It's conventional wisdom in business circles today that corporate directors should 'maximize shareholder value.'

"Corporations supposedly exist to serve shareholders' interests, and not (or at least, not directly) those of executives, employees, customers, or the community.

"However, this shareholder-value dogma begs a fundamental question. What, exactly, do shareholders value?

"Most shareholder-value advocates assume that shareholders care only about their own wealth. But it is increasingly accepted that the homo economicus model of purely selfish behavior doesn't always apply.

"This possibility provides a challenge to the dominant business paradigm of 'maximizing shareholder value:' the concept of the prosocial shareholder."

How Investing Turns Nice People Into Psychopaths

Homo economicus behaves with 100% rationality and a 100% focus on money as the primary incentive.

Is it problematic that a purely rational, purely selfish person is a functional psychopath?

Might that explain the logical disconnect between infinite growth on a finite planet?

You aren’t getting any free shit, so suck it up buttercup
0b8105439cb20266a26350cc01bfedb3--bernie-sanders-for-president--election.jpg

Worry more about rich buttercups.
 
"The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"
Screen%20Shot%202012-04-04%20at%209.27.34%20AM.png

"It's conventional wisdom in business circles today that corporate directors should 'maximize shareholder value.'

"Corporations supposedly exist to serve shareholders' interests, and not (or at least, not directly) those of executives, employees, customers, or the community.

"However, this shareholder-value dogma begs a fundamental question. What, exactly, do shareholders value?

"Most shareholder-value advocates assume that shareholders care only about their own wealth. But it is increasingly accepted that the homo economicus model of purely selfish behavior doesn't always apply.

"This possibility provides a challenge to the dominant business paradigm of 'maximizing shareholder value:' the concept of the prosocial shareholder."

How Investing Turns Nice People Into Psychopaths

Homo economicus behaves with 100% rationality and a 100% focus on money as the primary incentive.

Is it problematic that a purely rational, purely selfish person is a functional psychopath?

Might that explain the logical disconnect between infinite growth on a finite planet?

You aren’t getting any free shit, so suck it up buttercup
0b8105439cb20266a26350cc01bfedb3--bernie-sanders-for-president--election.jpg

Worry more about rich buttercups.

Any back up for the $70 billion or $38 billion claims?

Companies stash money abroad to avoid higher taxes?
That's weird, liberals always claim higher taxes don't change anyone's behavior.
And if you don't want government to give welfare to low wage workers, tell your Congressmen.
 
"The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"
Screen%20Shot%202012-04-04%20at%209.27.34%20AM.png

"It's conventional wisdom in business circles today that corporate directors should 'maximize shareholder value.'

"Corporations supposedly exist to serve shareholders' interests, and not (or at least, not directly) those of executives, employees, customers, or the community.

"However, this shareholder-value dogma begs a fundamental question. What, exactly, do shareholders value?

"Most shareholder-value advocates assume that shareholders care only about their own wealth. But it is increasingly accepted that the homo economicus model of purely selfish behavior doesn't always apply.

"This possibility provides a challenge to the dominant business paradigm of 'maximizing shareholder value:' the concept of the prosocial shareholder."

How Investing Turns Nice People Into Psychopaths

Homo economicus behaves with 100% rationality and a 100% focus on money as the primary incentive.

Is it problematic that a purely rational, purely selfish person is a functional psychopath?

Might that explain the logical disconnect between infinite growth on a finite planet?

Does you brainburger sandwich come with a beef patty, slice of cheese, pickles, bacon, and onions?
 

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