How Capitalism Turns Nice People Into Psychopaths

[georgephillip]

How Capitalism Turns Nice People Into Psychopaths

No psychopaths under Communism, eh comrade?

At least one.

Did you vote for him?

You're damn right.

The Clinton crime family had to die.

This is your idea of an improvement?

Why Mueller Has to Expose Trump’s Crooked Business Empire

"'This is all about money laundering,' Steve Bannon told Michael Wolff. “[Mueller’s] path to fucking Trump goes right through Paul Manafort, Don Jr. and Jared Kushner … It goes through Deutsche Bank and all the Kushner shit.'

"Money laundering would be criminal activity.

"If you are involved in criminal activity, you are subject to blackmail.

"And if the criminals who can blackmail you have connections to a foreign government — say, Russia — then that government has blackmail leverage.

"Ten years ago, Donald Trump Jr. casually said, 'Russians make up a pretty disproportionate cross-section of a lot of our assets.'

"And as recently as 2014, Eric Trump told a reporter, 'We don’t rely on American banks. We have all the funding we need out of Russia,' which is quite different than his current explanation that the Trump Organization does not require outside funding at all."

 

[georgephillip]

"The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"

"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?

Skittles and borscht, Comrade.

MAGA, yet?

 

[Toddsterpatriot]

How Capitalism Turns Nice People Into Psychopaths

No psychopaths under Communism, eh comrade?

At least one.

Did you vote for him?

You're damn right.

The Clinton crime family had to die.

This is your idea of an improvement?

Why Mueller Has to Expose Trump’s Crooked Business Empire

"'This is all about money laundering,' Steve Bannon told Michael Wolff. “[Mueller’s] path to fucking Trump goes right through Paul Manafort, Don Jr. and Jared Kushner … It goes through Deutsche Bank and all the Kushner shit.'

"Money laundering would be criminal activity.

"If you are involved in criminal activity, you are subject to blackmail.

"And if the criminals who can blackmail you have connections to a foreign government — say, Russia — then that government has blackmail leverage.

"Ten years ago, Donald Trump Jr. casually said, 'Russians make up a pretty disproportionate cross-section of a lot of our assets.'

"And as recently as 2014, Eric Trump told a reporter, 'We don’t rely on American banks. We have all the funding we need out of Russia,' which is quite different than his current explanation that the Trump Organization does not require outside funding at all."

Yes, putting a stake through the Clinton crime family is a big improvement.

 

[Darkwind]

Evidence?

So, we have people who are making up a morality based upon their own feeling and then labeling those who don't fit that feeling as psychopaths.

yeah....

 

[georgephillip]

"The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"

"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

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.

How many rich people would exist without government handouts?

This Year's Subsidy to Wall Street = the Amount of This Year's Sequester Cuts | HuffPost

"On February 20th, Bloomberg News editors asked, 'Why Should Taxpayers Give Big Banks $83 Billion a Year?' and issued the first-ever thorough and current analysis of the taxpayer-subsidy to the Wall Street mega-banks.

"They found that this subsidy is $83 billion this year, but they made no note of the fact that this amount is only $2 billion less than this year’s sequester cuts are estimated to be, so that all that would need to be done, in order to avoid those cuts, would be to have those mega-banks that we bail out every year forego their subsidy from taxpayers, for just one year."

 

[georgephillip]

How Capitalism Turns Nice People Into Psychopaths

No psychopaths under Communism, eh comrade?

At least one.

Did you vote for him?

You're damn right.

The Clinton crime family had to die.

This is your idea of an improvement?

Why Mueller Has to Expose Trump’s Crooked Business Empire

"'This is all about money laundering,' Steve Bannon told Michael Wolff. “[Mueller’s] path to fucking Trump goes right through Paul Manafort, Don Jr. and Jared Kushner … It goes through Deutsche Bank and all the Kushner shit.'

"Money laundering would be criminal activity.

"If you are involved in criminal activity, you are subject to blackmail.

"And if the criminals who can blackmail you have connections to a foreign government — say, Russia — then that government has blackmail leverage.

"Ten years ago, Donald Trump Jr. casually said, 'Russians make up a pretty disproportionate cross-section of a lot of our assets.'

"And as recently as 2014, Eric Trump told a reporter, 'We don’t rely on American banks. We have all the funding we need out of Russia,' which is quite different than his current explanation that the Trump Organization does not require outside funding at all."

Yes, putting a stake through the Clinton crime family is a big improvement.

The crony capitalist cuts out the middle man (woman), and you think that's a big improvement?

 

[Toddsterpatriot]

"The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"

"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

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.

How many rich people would exist without government handouts?

This Year's Subsidy to Wall Street = the Amount of This Year's Sequester Cuts | HuffPost

"On February 20th, Bloomberg News editors asked, 'Why Should Taxpayers Give Big Banks $83 Billion a Year?' and issued the first-ever thorough and current analysis of the taxpayer-subsidy to the Wall Street mega-banks.

"They found that this subsidy is $83 billion this year, but they made no note of the fact that this amount is only $2 billion less than this year’s sequester cuts are estimated to be, so that all that would need to be done, in order to avoid those cuts, would be to have those mega-banks that we bail out every year forego their subsidy from taxpayers, for just one year."

They found that this subsidy is $83 billion this year


As Bloomberg’s editors summarized the reason for this ongoing federal subsidy: “The banks that are potentially the most dangerous can borrow at lower rates, because creditors perceive them as too big to fail,” due to the special Government backing for Too-Big-To-Fail (TBTF) institutions.

Taxpayers aren't handing banks $83 billion. In fact, with the extra restrictions placed on TBTF, it's probably a net negative.

in order to avoid those cuts, would be to have those mega-banks that we bail out every year

That's hilarious!! Thanks for the chuckle.

forego their subsidy from taxpayers, for just one year.

What a clueless idiot.

 

[Toddsterpatriot]

How Capitalism Turns Nice People Into Psychopaths

No psychopaths under Communism, eh comrade?

At least one.

Did you vote for him?

You're damn right.

The Clinton crime family had to die.

This is your idea of an improvement?

Why Mueller Has to Expose Trump’s Crooked Business Empire

"'This is all about money laundering,' Steve Bannon told Michael Wolff. “[Mueller’s] path to fucking Trump goes right through Paul Manafort, Don Jr. and Jared Kushner … It goes through Deutsche Bank and all the Kushner shit.'

"Money laundering would be criminal activity.

"If you are involved in criminal activity, you are subject to blackmail.

"And if the criminals who can blackmail you have connections to a foreign government — say, Russia — then that government has blackmail leverage.

"Ten years ago, Donald Trump Jr. casually said, 'Russians make up a pretty disproportionate cross-section of a lot of our assets.'

"And as recently as 2014, Eric Trump told a reporter, 'We don’t rely on American banks. We have all the funding we need out of Russia,' which is quite different than his current explanation that the Trump Organization does not require outside funding at all."

Yes, putting a stake through the Clinton crime family is a big improvement.

The crony capitalist cuts out the middle man (woman), and you think that's a big improvement?

Are you sad that foreign governments stopped trying to buy influence by donating to the Clinton "Foundation"?

 

[georgephillip]

At least one.

Did you vote for him?

You're damn right.

The Clinton crime family had to die.

This is your idea of an improvement?

Why Mueller Has to Expose Trump’s Crooked Business Empire

"'This is all about money laundering,' Steve Bannon told Michael Wolff. “[Mueller’s] path to fucking Trump goes right through Paul Manafort, Don Jr. and Jared Kushner … It goes through Deutsche Bank and all the Kushner shit.'

"Money laundering would be criminal activity.

"If you are involved in criminal activity, you are subject to blackmail.

"And if the criminals who can blackmail you have connections to a foreign government — say, Russia — then that government has blackmail leverage.

"Ten years ago, Donald Trump Jr. casually said, 'Russians make up a pretty disproportionate cross-section of a lot of our assets.'

"And as recently as 2014, Eric Trump told a reporter, 'We don’t rely on American banks. We have all the funding we need out of Russia,' which is quite different than his current explanation that the Trump Organization does not require outside funding at all."

Yes, putting a stake through the Clinton crime family is a big improvement.

The crony capitalist cuts out the middle man (woman), and you think that's a big improvement?

Are you sad that foreign governments stopped trying to buy influence by donating to the Clinton "Foundation"?

I'm sad many intelligent people thought there was a difference between the Trump Foundation and the Clinton Foundation, did you?

 

[MisterBeale]

"The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"

"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?

 

[Toddsterpatriot]

You're damn right.

The Clinton crime family had to die.

This is your idea of an improvement?

Why Mueller Has to Expose Trump’s Crooked Business Empire

"'This is all about money laundering,' Steve Bannon told Michael Wolff. “[Mueller’s] path to fucking Trump goes right through Paul Manafort, Don Jr. and Jared Kushner … It goes through Deutsche Bank and all the Kushner shit.'

"Money laundering would be criminal activity.

"If you are involved in criminal activity, you are subject to blackmail.

"And if the criminals who can blackmail you have connections to a foreign government — say, Russia — then that government has blackmail leverage.

"Ten years ago, Donald Trump Jr. casually said, 'Russians make up a pretty disproportionate cross-section of a lot of our assets.'

"And as recently as 2014, Eric Trump told a reporter, 'We don’t rely on American banks. We have all the funding we need out of Russia,' which is quite different than his current explanation that the Trump Organization does not require outside funding at all."

Yes, putting a stake through the Clinton crime family is a big improvement.

The crony capitalist cuts out the middle man (woman), and you think that's a big improvement?

Are you sad that foreign governments stopped trying to buy influence by donating to the Clinton "Foundation"?

I'm sad many intelligent people thought there was a difference between the Trump Foundation and the Clinton Foundation, did you?

No difference at all...….which foreign governments were bribing Trump between 2000-2016?

 

[georgephillip]

This is your idea of an improvement?

Why Mueller Has to Expose Trump’s Crooked Business Empire

"'This is all about money laundering,' Steve Bannon told Michael Wolff. “[Mueller’s] path to fucking Trump goes right through Paul Manafort, Don Jr. and Jared Kushner … It goes through Deutsche Bank and all the Kushner shit.'

"Money laundering would be criminal activity.

"If you are involved in criminal activity, you are subject to blackmail.

"And if the criminals who can blackmail you have connections to a foreign government — say, Russia — then that government has blackmail leverage.

"Ten years ago, Donald Trump Jr. casually said, 'Russians make up a pretty disproportionate cross-section of a lot of our assets.'

"And as recently as 2014, Eric Trump told a reporter, 'We don’t rely on American banks. We have all the funding we need out of Russia,' which is quite different than his current explanation that the Trump Organization does not require outside funding at all."

Yes, putting a stake through the Clinton crime family is a big improvement.

The crony capitalist cuts out the middle man (woman), and you think that's a big improvement?

Are you sad that foreign governments stopped trying to buy influence by donating to the Clinton "Foundation"?

I'm sad many intelligent people thought there was a difference between the Trump Foundation and the Clinton Foundation, did you?

No difference at all...….which foreign governments were bribing Trump between 2000-2016?

How are you defining "government"?

Trump's been laundering money for Russian oligarchs for years.
Do you think the Russian government is independent of oligarchs?
Trump Organization Accused of Money Laundering

 

[Toddsterpatriot]

Yes, putting a stake through the Clinton crime family is a big improvement.

The crony capitalist cuts out the middle man (woman), and you think that's a big improvement?

Are you sad that foreign governments stopped trying to buy influence by donating to the Clinton "Foundation"?

I'm sad many intelligent people thought there was a difference between the Trump Foundation and the Clinton Foundation, did you?

No difference at all...….which foreign governments were bribing Trump between 2000-2016?

How are you defining "government"?

Trump's been laundering money for Russian oligarchs for years.
Do you think the Russian government is independent of oligarchs?
Trump Organization Accused of Money Laundering

You don't know about all the foreign government "donations" the Clinton "Foundation" received
while Hillary was a Senator? During the run up to her Presidential campaign in 2008? During her tenure as Secretary of State? During the run up to her campaign in 2016?

It was so weird, after she lost, how all those foreign "donations" dried up.

 

[dave p]

Yes, putting a stake through the Clinton crime family is a big improvement.

The crony capitalist cuts out the middle man (woman), and you think that's a big improvement?

Are you sad that foreign governments stopped trying to buy influence by donating to the Clinton "Foundation"?

I'm sad many intelligent people thought there was a difference between the Trump Foundation and the Clinton Foundation, did you?

No difference at all...….which foreign governments were bribing Trump between 2000-2016?

How are you defining "government"?

Trump's been laundering money for Russian oligarchs for years.
Do you think the Russian government is independent of oligarchs?
Trump Organization Accused of Money Laundering

Way to be completely off subject.

 

[georgephillip]

The crony capitalist cuts out the middle man (woman), and you think that's a big improvement?

Are you sad that foreign governments stopped trying to buy influence by donating to the Clinton "Foundation"?

I'm sad many intelligent people thought there was a difference between the Trump Foundation and the Clinton Foundation, did you?

No difference at all...….which foreign governments were bribing Trump between 2000-2016?

How are you defining "government"?

Trump's been laundering money for Russian oligarchs for years.
Do you think the Russian government is independent of oligarchs?
Trump Organization Accused of Money Laundering

Way to be completely off subject.

Actually, the subject was which foreigners are bribing the demagogue in the Oval Office.

Where Did Donald Trump Get Two Hundred Million Dollars to Buy His Money-Losing Scottish Golf Club?

 

[georgephillip]

The crony capitalist cuts out the middle man (woman), and you think that's a big improvement?

Are you sad that foreign governments stopped trying to buy influence by donating to the Clinton "Foundation"?

I'm sad many intelligent people thought there was a difference between the Trump Foundation and the Clinton Foundation, did you?

No difference at all...….which foreign governments were bribing Trump between 2000-2016?

How are you defining "government"?

Trump's been laundering money for Russian oligarchs for years.
Do you think the Russian government is independent of oligarchs?
Trump Organization Accused of Money Laundering

You don't know about all the foreign government "donations" the Clinton "Foundation" received
while Hillary was a Senator? During the run up to her Presidential campaign in 2008? During her tenure as Secretary of State? During the run up to her campaign in 2016?

It was so weird, after she lost, how all those foreign "donations" dried up.

Clinton's "loss" sounds like good news, to me.
Why do you suppose two elite Democrats in New York are refusing to put Trump's tax returns into the public sphere?
"How to Make Trump’s Tax Returns Public"

Opinion | How to Make Trump’s Tax Returns Public

 

[georgephillip]

"The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"

"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?

MR Online | Let’s Put the Nature of Work on Labor’s Agenda: Part Seven

"The reason why work is so unsatisfying is simple.

"Work cannot be fulfilling; it cannot allow us to fully use our uniquely human capacities; it cannot be anything but profoundly alienating because of the nature of capitalism.

"This nature can be expressed in a famous phrase of Karl Marx: 'Accumulate! Accumulate! That is Moses and the Prophets!'"

 

[jasonnfree]

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.

Real Estate recovered under Obama.

 

[MisterBeale]

"The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"

"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?

MR Online | Let’s Put the Nature of Work on Labor’s Agenda: Part Seven

"The reason why work is so unsatisfying is simple.

"Work cannot be fulfilling; it cannot allow us to fully use our uniquely human capacities; it cannot be anything but profoundly alienating because of the nature of capitalism.

"This nature can be expressed in a famous phrase of Karl Marx: 'Accumulate! Accumulate! That is Moses and the Prophets!'"

 

[georgephillip]

"The evidence suggests that corporations might encourage people to think and act more anti-socially. What does owning stock do to our brains?"

"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?

MR Online | Let’s Put the Nature of Work on Labor’s Agenda: Part Seven

"The reason why work is so unsatisfying is simple.

"Work cannot be fulfilling; it cannot allow us to fully use our uniquely human capacities; it cannot be anything but profoundly alienating because of the nature of capitalism.

"This nature can be expressed in a famous phrase of Karl Marx: 'Accumulate! Accumulate! That is Moses and the Prophets!'"

The Popsicle Index – Solari Report

"I first came up with the notion of the The Popsicle Index in the first Bush Administration. After a month or so of being lobbied by various real estate interests, I realized that the driving force behind the lobbying efforts of the private interests I was regulating was the price of their stock.

"The organization of their profits seemed divorced from the well being of the living ecosystems that constitute a community or county.

"Indeed, our financial ecosystems are surprisingly disassociated from living ecosystems, very much as a result of the intervention of the federal government in spending, mortgage and bank credit and regulation.

"I began searching for a way of measuring the well being of a living ecosystem so it could be balanced with the S&P 500 or the Dow Jones Index in the mind of the body politic."

Catherine's a lifelong Republican who defined a "popsicle index" as a way of measuring the safety level of neighborhoods. It references the prevailing opinion on whether or not a child can leave home, walk one block to a corner market and buy a popsicle, and then safely return home. Over the past half-century is has moved in opposition to the stock market regardless of which major party controls DC.