Home > Uncategorized > The sociopathy of not wanting to see the structural roots of “sociopathic” business behavior

The sociopathy of not wanting to see the structural roots of “sociopathic” business behavior

[cross-posted from comments at WBOS FB]

A colloquitor believes business successes are driven by “betrayal, and ruthless sociopathy. That is how it works, and that surprisingly is what seems to lead to dominance and success in markets – or is believed to lead to dominance and success in markets.”

I think the sociopathy you speak of is a very real problem, but it is one we see mainly where, thanks to the Govt interventions that have made shareholders powerless, there is no effective external check on management. Did you see my post on “drone corporations” (half of the Fortune 500)?


The progressive approach differs from mine/the real libertarian one largely in that progressives still naively believe that more centralization (more power to a few) is the best way to fight problems produced by centralization. Rather, we must fight the DYNAMIC of centralization — roll back Govt-enabled risk socialization (limited liability of shareholders, deposit insurance and “protection” of public shareholders) and make use creative destruction to bring down the dinosaurs/Frankensteins.

Yes, the NAME of “libertarianism” has been used to magnify and justify corporate power, and attack and disempower ordinary working people, but not real libertarianism itself, which fights against the dynamic of the growth and capture of a central state that both parties have fed.

“Arn’t you being a bit monotonic in your explanations here? Everything wrong with biz is an external factor that depends on the government and only on the government? Isn’t it possible there could be other sources of malfunction as well? If the government has done stuff surely it is in response to the encouragement of the sociopaths and the delinquence of the supposedly controlling shareholders? And you must be aware that appointing sociopathic upper executives has often increased the shareprice, suggesting that shareholders approve in general, or even demand sociopathy? just as they approve sacking ordinary workers or cutting their wages? Sociopathy could be a feature encouraged by capitalism and free markets – competition, wiping out the opposition, exploiting the workers, and profit are the key values – which could be easily embraced by sociopaths.”

I may seem monotonic because I am looking at core dynamics of#MoralHazard, risk socialization, govt “capture”, corruption and theft.

On share prices and sociopathy, can I get you to look at these posts on drone corporations’ negative behavior invited by unaccountability and government? [Did you know that cronyism in general means LOWER economic performance?]


See Roderick Long here: http://c4ss.org/content/11146, and my earlier post on Robert Nisbethttp://reason.com/…/1984/10/01/cloaking-the-states-dagger.

Libertarianism/anarchism/mutualism/true conservatism would actually bring government and business both down to levels that could be managed by people in the communities that commons-guru #Ostrom spoke of:


Categories: Uncategorized Tags:
  1. No comments yet.
  1. No trackbacks yet.