June 16, 2012

The State Of Capitalism: Chris Hayes – “The Difference Between Cheating And Performance”

Today Chris Hayes made a great point about the difference between cheating and performance, or that there isn’t really a difference at all, at least not anymore. The problem is that we assume people who have made a lot of money did the right things in life to earn that money, but we know that isn’t always the case. We know there are people who get into positions where they are able to rig the system. We know there are people who once they taste success are not satisfied and then begin to cheat their way to the top. At this moment, a serious problem in our society is that we look up to people who have earned a lot of money. We want to emulate them because we believe they have done well in life because they made all the right and morally correct decisions. This is very dangerous if enough people buy into it. It’s what allows the 2008 financial disaster to go on 4 years without anyone being held accountable.

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