Corporate Psychopaths

Discussion in 'Men's Economics' started by Michael Scally MD, Jan 3, 2012.

  1. Michael Scally MD

    Michael Scally MD Doctor of Medicine

    Boddy C. The Corporate Psychopaths Theory of the Global Financial Crisis. Journal of Business Ethics 2011;102(2):255-9. Journal of Business Ethics, Volume 102, Number 2 - SpringerLink

    This short theoretical paper elucidates a plausible theory about the Global Financial Crisis and the role of senior financial corporate directors in that crisis. The paper presents a theory of the Global Financial Crisis which argues that psychopaths working in corporations and in financial corporations, in particular, have had a major part in causing the crisis. This paper is thus a very short theoretical paper but is one that may be very important to the future of capitalism because it discusses significant ways in which Corporate Psychopaths may have acted recently, to the detriment of many. Further research into this theory is called for.

    Cohan: Did Psychopaths Take Over Wall Street?
    Cohan: Did Psychopaths Take Over Wall Street? - Bloomberg

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  2. Michael Scally MD

    Michael Scally MD Doctor of Medicine

  3. zkt

    zkt Member

    Strictly speaking these people`s behavior is sociopathic. This personality disorder has been well studied but not well publicized. A very disproportunate percentage of people in a position of wealth and power are sociopathic. They are very skilled at manipulating others and can look you straight in the eye and lie their asses off.
    One has to pass a proficiency test to practice medicine: professional politicans should be rewuired to pass a personality test. That act alone would solve most of the worlds problems.
  4. BBC3

    BBC3 Member

    You are correct in the fact that "sociopathic behavior" is not well publicized. I can say with certainty that this is one of the scariest interactions one can have. To become the prinicple object of this behavior is an undescribable feeling of weakness and complete loss of control. The only way to combat it is QUICK DECISIVENESS in defensive action. The bane of the sociopath's chosen principle of obsession is INEXPERIENCE. High levels of personal strength as well as a solid gameplan and the abilty to abide to it are required to defend against it. There is no question that this type of behavior applied to a business model would be extremely effective as applied to many. In my experience a successful sociopath is skilled in the art of INFORMATION reconnaisance and by a lifetime of practive and learning. This is usually driven by an intenal weakness, or percieved internal weakness of the sociopath, who many times becomes this person in an attempt to overcome or compensate for this perception. They reap many poorly derived and unplanned contextual rewards along the way as a coincidence or "bonus" - then positively reinforcing this behavior. The ONLY way to recover from a dimished position resulting from a foothold gained by the sociopath is to then determine what that perceived weakness is and exploit it back on to them. This is difficult at that stage of the interaction for the victim. Those who stand a chance at successfully freeing themselves of this graspe must be surrounded by strong, competent, and disassociated people who genuinly have their interest at heart. Thus it is wise to be diverse in relationships, both personal as well as business related.:)

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