Capitalism Betrayed…

More on the recent U.S. corporate corruption. From Peggy Noonan’s opinion piece in last Friday’s WSJ Online:

Those who invested in and placed faith in Global Crossing, Enron, Tyco or WorldCom have been cheated and fooled by individuals whose selfishness seems so outsized, so huge, that it seems less human and flawed than weird and puzzling. Did they think they would get away with accounting scams forever? Did they think they’d never get caught? Do they think they’re operating in the end times and they better grab what they can now and go hide? What were they thinking?

We should study who these men are–they are still all men, and still being turned in by women–and try to learn how they rationalized their actions, how they excused their decisions or ignored the consequences, how they thought about the people they were cheating. I mention this because I’ve been wondering if we are witnessing the emergence of a new pathology: White Collar Big Money Psychopath.

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