Exactly where Is The Ethical Malaise?
What is financial management? Mention of the terms ‘Financial Management’ speedily brings into mind ‘Money’. That is a single of the biggest error even some so called economic authorities make. Financial management is not just money and if you feel it is, you terribly miss the ‘Management’ bit which is the core notion of monetary management.
Effectively, this is not very right. Income, by definition, is the construct of regulations. As is private property. As are almost all facets of ‘free markets’. So regulating the heck out of some thing is basically meaningless, and merely panders to a single ideology. What you mean to say is change the regulations that permit the market to operate the way it at the moment is, with regulations that allow markets to operate they way society deems appropriate.
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We have, in essence, a circumstance of concentration of power in financial intermediaries, who in turn reinforce and seek to preserve that power structure. And although I could be content to accept a concentration of power in tiny specialist industries like Swiss watchmaking, a concentration of power in the technique accountable for redistributing human society’s collective resources into new investments is not a excellent issue. It is systematically breaking our …Exactly where Is The Ethical Malaise? Continue Reading >>>