How Capitalism Turns Nice People Into Psychopaths

[Missouri_Mike]

"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?

LMAO! Holy shit that’s funny.

 

[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?

LMAO! Holy shit that’s funny.

 

[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?

LMAO! Holy shit that’s funny.

Kill the greedy kulaks, eh comrade?

 

[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?

LMAO! Holy shit that’s funny.

Kill the greedy kulaks, eh comrade?

'Seemed to work better for Stalin than it did for Hitler.
Are you disappointed?

Dekulakization - Wikipedia

"In February 1928, the 'Pravda' newspaper for the first time published materials that claimed to expose the kulaks: they described widespread domination by the rich peasantry in the countryside and invasion by kulaks of communist party cells.[10]

"Expropriation of grain stocks from kulaks and middle class peasants was called 'temporary emergency measures'. Later, temporary emergency measures turned into a policy of 'eliminating the kulaks as a class'.[10]"

Maybe we should try it on real estate speculators before the Russians occupy DC?