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unhappycamper

(60,364 posts)
Tue Dec 3, 2013, 08:54 AM Dec 2013

6 Signs Our Culture Is Sick With Greed

http://smirkingchimp.com/thread/richard-eskow/52954/6-signs-our-culture-is-sick-with-greed

6 Signs Our Culture Is Sick With Greed
by Richard Eskow | December 2, 2013 - 9:46am

~snip~

1. There’s still no public shame in profiting off Wall Street fraud.

This week a self-styled financial advisor on the investment website Seeking Alpha celebrated the investment opportunities created by the wave of criminality and fraud which has overtaken JP Morgan Chase. The bank’s epidemic of internal fraud has led to tens of billions in fines during the tenure of CEO Jamie Dimon.

~snip~

2. Greedy CEOs still have credibility in the media.

It’s not just Dimon, of course. Having shattered the middle class through their accumulation of wealth, the devastation they inflicted on the global economy, and their mistreatment of employee pension funds, Wall Street CEOs apparently still have enough credibility in some quarters to be treated as experts in fiscal responsibility.

~snip~

3. Executives are now trained to rip people off.

This writer spent a number of years in the business world during the 1980s and 1990s, as corporate America was transforming itself from a customer-driven set of industries to a greed-driven and conscienceless wealth extraction machine for the investor class.

~snip~

5. Insight and spirituality are being commercialized ….

As I wrote in “Buying Wisdom” for Tricycle magazine, even ancient spiritual traditions like Buddhism are being co-mingled with idealized visions of what it means to be a billionaire. From TED talks to mindfulness conferences like the Wisdom 2.0 conference, the search for individual and collective insight is becoming increasingly identified with the desire to accumulate wealth.
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6 Signs Our Culture Is Sick With Greed (Original Post) unhappycamper Dec 2013 OP
Could we add another? MrMickeysMom Dec 2013 #1
Fundamental Christians Espouse The Prosperity Gospel Intertwining Religion And Greed cantbeserious Dec 2013 #2

MrMickeysMom

(20,453 posts)
1. Could we add another?
Tue Dec 3, 2013, 06:50 PM
Dec 2013

* People are smiling and willing to run to Thanksgiving day sales, now mindful that the minimum wage workers called to duty don't get to have a holiday due to their greedy bastard bosses.

Thanks, all you folks who just had to patronize these stores on that day, providing another day's minimum wage and maximum profit margins!

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