•  
Support crystalwind.ca with your donation and help spread spirituality and positivity. Blessings!

This article was posted by CrystalWind.ca

A+ A A-

Is the Banking Industry Controlled by Sociopaths?

Is the Banking Industry Controlled by Sociopaths?

While going through my archives, I found this gem from over 12 years ago about a study which made it clear that the entire banking system is run by borderline psychopaths.

I checked the link and it’s still good. As I originally wrote, a study done on the global financial crisis back in 2011 found that "highly-placed psychopaths in the banking sector may have nearly brought down the world economy through their own inherent inability to care about the consequences of their actions."

Thie original article was written by Mitchell Anderson for The Tyee and titled "Time to Test Corporate Leaders to Weed out Psychopaths." with a byline "One per cent of humans: Not murderously insane, just devoid of empathy and ultimately destructive." That study led one business professor to conclude that "Shark-like, they rise fast but risk killing the world economy."

By all means read the entire fascinating and confirmatory article, since it is a pioneering attempt to demonstrate we really should be doing psychological testing on our "leaders" to make sure that at the very least they're not completely crazed sociopaths.

To whet your appetite, here's a few choice pieces from the article:

Given the state of the global economy, it might not surprise you to learn that psychopaths may be controlling the world. Not violent criminals, but corporate psychopaths who nonetheless have a genetically-inherited biochemical condition that prevents them from feeling normal human empathy.

Scientific research is revealing that 21st century financial institutions with a high rate of turnover and expanding global power have become highly attractive to psychopathic individuals to enrich themselves at the expense of others, and the companies they work for.

A peer-reviewed theoretical paper from 2011 titled "The Corporate Psychopaths Theory of the Global Financial Crisis" details how highly-placed psychopaths in the banking sector may have nearly brought down the world economy through their own inherent inability to care about the consequences of their actions....

If true, this also means the astronomically expensive public bailouts will not solve the problem since many of the morally impaired individuals who caused this mess likely remain in positions of power. Worse, they may be the same people advising governments on how to resolve this crisis....

Psychopathy should not be confused with insanity. It is best described by Robert Hare, global expert and psychologist, as "emotional deafness" -- a biochemical inability to experience normal feelings of empathy for others.

This shark-like fixation on self-interest means that psychopaths often feel a clear detachment from other people, viewing them more as sheep to be preyed upon than fellow humans to relate to....

Studies on twins have revealed that psychopathy shows a strong genetic signature and there remains no effective treatment. Recent research has linked the condition to physical abnormalities in the amygdala region of the brain.

Only a small subset of psychopaths become the violent criminals so often fictionalized in film. Most simply seek to blend in and conceal their difference in order to more effectively manipulate others. This frightening condition has existed throughout human history, though likely in a marginal and socially parasitic way....

The human ability to build social capital means that people can co-operate and trust each other. We can reliably predict the behaviour of others even if we have never met them. Social capital is the glue that holds together our communities, complex societies, large institutions and the economy. The one and only superpower possessed by psychopaths is their ruthless ability to spend the social capital created by others.

Scientists believe about one per cent of the general population is psychopathic, meaning there are more than three million moral monsters amongst normal United States citizens. There is emerging evidence that this frequency increases within the upper management of modern corporations. This is not surprising since personal ruthlessness and fixation on personal power have become seen as strong assets to large publicly traded corporations (which some authors believe have also become psychopathic).

However, appearance and performance are two different things. While psychopaths are often outwardly charming and excellent self-promoters, they are also typically terrible managers, bullying co-workers and creating chaos to conceal their behaviour.

When employed in senior levels, their pathology also means they are biochemically incapable of something they are legally required to do: act in good faith on behalf of other people. The banking and corporate sector is built on the ancient principle of fiduciary duty -- a legal obligation to act in the best interest of those whose money or property you are entrusted with. Asking a psychopath to do that is like recruiting a pyromaniac to be a firefighter.

The folly of mixing psychopathy and senior corporate management has been borne out by recent history. At the end of the last decade, numerous banking institutions representing hundreds of years of corporate financial stability ceased to exist within a few short months due to the reckless acts of a few individuals -- none of whom have ever been charged with a crime....

Boddy is not hopeful that the current round of expensive public bailouts will solve the problem. If psychopaths have in fact installed themselves in the upper reaches of the world's financial institutions, their genetic deficiency dictates that their greed knows no bounds. They will continue to act in antisocial, remorseless ways, amplified by their enormous corporate influence until the institutions they represent and perhaps the entire global economy collapses. Obviously, more academic research in this area is urgently needed.

Boddy concludes his recent paper with this grim prediction:

"Writing in 2005, this author... predicted that the rise of Corporate Psychopaths was a recipe for corporate and societal disaster. This disaster has now happened and is still happening. Across the western world, the symptoms of the financial crisis are now being treated. However, this treatment of the symptoms will have little effect because the root cause is not being addressed. The very same Corporate Psychopaths, who probably caused the crisis by their self-seeking greed and avarice, are now advising governments on how to get out of the crisis. That this involves paying themselves vast bonuses in the midst of financial hardship for many millions of others is symptomatic of the problem. Further, if (this theory is correct) then we are now far from the end of the crisis. Indeed, it is only the end of the beginning. Perhaps more than ever before, the world needs corporate leaders with a conscience.... Measures exist to identify Corporate Psychopaths. Perhaps it is time to use them."

While I'm not usually big on testing, since they are easily used for manipulation of "who is right/who is wrong," it still seems like a good idea to find some way of weeding out psychopaths and sociopaths from the financial industry, since of all the industries, they are the only one that has absolute power over our lives (if we use money, want shelter, or consume products.) By all means take a look at the entire article at (link The Tyee if you don't want to go back to the top) since there is a lot more I didn't reprint in this post.

Just another manifestation of The Grand Irrationality in play from 1993-2023.


Reprinted on crystalwind.ca with written permission from Robert Wilkinson. Copying this article to other blogs is strictly prohibited. It is copyright protected. 

© Copyright 2024 Robert Wilkinson

Credit

© Copyright 2024 Robert Wilkinson - https://www.aquariuspapers.com

About the author:

Robert wilkinson An internationally-known astrologer, author, public speaker, metaphysician, and futurist, with over 25 years experience as a counselor and educator. He has presented hundreds of public talks on all aspects of Astrology, the Eastern Wisdom tradition, the Western Wisdom tradition and promoted many mass gatherings and cultural events. Some of his specific areas of interest and expertise include personality profiles, degree patterns, integrative astrology, various aspect harmonics, among others.
Source Here

I want to welcome all to drop by our Facebook page at Astrology Arizona and join the social media initiative going on there. Please feel free to contribute a topic, ask about a topic, or anything else related to our new group. See you over there!

Reprinted on crystalwind.cawith written persmission from Robert Wilkinson.

© 2024 crystalwind.ca. All rights reserved. The title for this article was created by CrystalWind.ca. 

Pin It

© CrystalWind.ca 2024. All content (articles, imagery, fair use) & design protected. Written permission required for copying. All rights reserved.

Join the Conversation Now! Comment Below! arrow down small 11

CrystalWind.ca is free to use because of donations from people like you. Please help support us! 
Blessings!

Follow this blog

Featured Writers

crystal-wind-oracle-mobile-app
Cut Through The Illusions!
Available On
Apple  | Android | Amazon
NEW Expanded Version - 53 cards!

Spirit Animal Totem Of The Day!

CrystalWind.ca is free to use because of
donations from people like you.
Donate Now »

CrystalWind.ca Donation!

Unlock Your Light: Join Lightworkers Worldwide on CrystalWind.ca!

 

Follow Us!

 

Who is Online Now

We have 22548 guests and no members online

Featured This Month

Page:

Scorpio

Scorpio

Art by Lisa Iris - www.lisairis.ca October 23 - November 22 Spirit: To penet... Read more

Samhain Lore

Samhain Lore

The symbolism of this Sabbat is that of The Third (and final) Harvest, it ma... Read more

Halloween Origins - Commemorates the Fall of…

Halloween Origins - Commemorates the Fall of Lemuria

Halloween is often considered the world's oldest human celebration as it has... Read more

Freeze Up Moon

Freeze Up Moon

Snake – Copper and Malachite – Thistle – Orange October 24 to November 21 ... Read more

Birth Totem - Snake

Birth Totem - Snake

Birth Totem Snake Birth dates: October 23 - November 22 Read more

Malachite

Malachite

The Emotional Mastery Stone An absorbing stone, malachite is excellent fo... Read more

The Jack-O-Lantern

The Jack-O-Lantern

When we think of Jack-o-Lanterns today we think of the carved pumpkins with ... Read more

Original Irish Jack-O-Lanterns Were Truly Te…

Original Irish Jack-O-Lanterns Were Truly Terrifying!

A far cry from the grinning pumpkins of Halloween today, the origi... Read more

Samhain by The Hedgewitch

Samhain by The Hedgewitch

Blessed Samhain Samhain marks one of the two great doorways of the year, fo... Read more

Unakite

Unakite

The Stone of Birth - The Stone of Vision Read more

Scorpio Mythology

Scorpio Mythology

The Meaning Behind the Scorpio Zodiac Symbol Read more

Labradorite

Labradorite

The Magic Stone Labradorite allows complete polarity shifts to occur, jus... Read more

Bats - Myths, Folklore and Facts

Bats - Myths, Folklore and Facts

Bats “Suspicions amongst thoughts are like bats amongst birds, they ever ... Read more

Sun in Scorpio

Sun in Scorpio

An Overview of Sun Sign Characteristics for Scorpio Read more

Samhain

Samhain

Samhain Ritual Celebrated October 31st. Samhain is also known as Halloween,... Read more

© 2008-2024 CrystalWind.ca. All rights reserved. Site Creation by CrystalWind.ca.
Web Hosting by Knownhost.com

 

 

X

Right Click

No right click