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Demeter

(85,373 posts)
Fri Oct 16, 2015, 11:36 AM Oct 2015

INTRODUCING THE BLOG: Naked Capitalism – Your Ammunition in the War for Information

...Increasingly, if you want to get and hang on to a middle class job, that job will involve dishonesty or exploitation of others in some way. Industries such as finance have seized and held onto larger and larger proportions of the economy. The same disproportionate growth can be seen in financialised healthcare and finacialised education. Naked Capitalism has broken story after story of how these businesses have demonstrated a near-endless capacity for scandal, fraud and wrongdoings of every conceivable sort.

If we were to say that it is the “corporations” which are exploiting people, that would be wrong. “corporations” are not people. It is the people – you might be one of them too – who work in the corporations who are exploiting others.

From my experience, some who work in such exploitative enterprises do so willingly, with full knowledge of what they are doing. It is a regrettable human trait. Societies limit such harmful tendencies by placing justified restrictions on individuals and individual acts. It is relatively easy to identify an individual causing harm and deal with them appropriately. It is, unfortunately, much harder to identify and restrict the activities of groups of people when they can hide behind the veneer of innocence provided by a large, successful business.

For those of us who are increasingly appalled by the moral decay exhibited by some of our most powerful private sector operators which, naturally, lack any sort of democratic – public – accountability or oversight, we quickly learn that attempting to effect change from within is usually a futile gesture...

CONTINUES AT: http://www.nakedcapitalism.com/2015/10/clive-naked-capitalism-your-ammunition-in-the-war-for-information.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+NakedCapitalism+%28naked+capitalism%29

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