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Kevin Hayden

And I fear that a big part of it is business courses in college only count bottom lines and shareholder value and neglect the bigger picture entirely.

Business got divorced from ethics and it'll get worse, I suspect, until they're called to account.

Bring back liberal arts majors and tell the deans of business colleges to go to hell.

justsomeguy

We are born with egos that feel like we should be able to do whatever we wish. Socialization (and laws) are the process of restraining our egos.

Businesses want to do whatever they wish to maximize profits. Regulation is how the government (representing the people) restrains those impulses.

Our regulatory and legal systems have failed us in restraining corporate sociopathies.

With regard to global capitalism, nation-state based rules are not even capable of effectively enforcing such restraints. Thus the global "race to the bottom" in labor rules, environmental rules, taxation. It is a system heading towards collapse, but in the meantime is worsening the lives of billions of actual humans.

Mark P

David Perdue is one of the "makers" who is running as a Republican for the Senate from Georgia. In a deposition he once said that he had spent most of his career outsourcing jobs. When a reporter asked him how he could defend that, he said he didn't need to defend it, he was proud of it. Former Senator Sam Nunn's daughter is running as a Democrat. There is a reasonable chance that she could win, but I'm not counting on it.

Mark P

I forgot to mention that Perdue claims he has created thousands of jobs. One of his proudest accomplishments is from when he ran Reebok. According to the University of NC, Reebok manufactures 100 percent of their products in Asia. I suppose he's proud of creating jobs overseas.
http://www.unc.edu/~andrewsr/ints092/vandu.html

BetterYeti

It's been widely remarked that the constraints of corporate law require a functioning corporation to meet the DSM-IV criteria of a psychopath. Less commented upon is how often individual, self-styled "job creators" fit this profile simply because that's what they are at heart.

Fiddlin Bill

Here's what I think. Americans have been "taught" for several generations that the most selfish instinct is actually the morally correct instinct. This teaching has been going on on the airwaves, and starting with Reagan, by the GOP. Now a majority or close to it believe this is actually true--that there is no public good at all, that whatever works in the service of "me" is actually the most moral choice.

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