unmanaged wrote:
The rich, without regulation, has now proven themselves that they will take advantage of everyone to just get richer, no matter what, even if it means suicide, small towns, people, and even the very same big businesses go in the crapper...

It's a perspective problem, not a regulation problem. When you're doing well, you tend to get isolated into pockets of others that do well (and vice versa). You fail to see the perspectives of other people. Or worse, you actively build walls and filters to keep them out (literally or figuratively). That creates a sense that everyone is just like you and you miss the fact that you are undermining your own security.

What's interesting about this phenomenon, to me anyways, is that it echoes the Soviet Union and the Eastern European experience post 1989 (or Detroit, now). That was that everyone just stole everything, no matter the consequence. We're in the same situation. We all know that shared resources and collective institutions are important for our society to function, but I'll be damned if I'm giving up my shit! Obviously, that's unsustainable.

RE: In Frantic Day, Wall Street Banks Teeter