Social Sciences

Why 'Corporate Psychopaths' May Really be to Blame for the Recession

Looks like the soulless SOBs who wrecked our economy may really be "corporate psychopaths," and yep, they are still in control of our financial institutions.

According to Bloomberg News: Clive R. Boddy, most recently a professor at the Nottingham Business School at Nottingham Trent University, says psychopaths are the 1 percent of "people who, perhaps due to physical factors to do with abnormal brain connectivity and chemistry" lack a "conscience, have few emotions and display an inability to have any feelings, sympathy or empathy for other people."

As a result, Boddy argues in a recent issue of the Journal of Business Ethics, such people are "extraordinarily cold, much more calculating and ruthless towards others than most people are and therefore a menace to the companies they work for and to society."

How do people with such obvious personality flaws make it to the top of seemingly successful corporations? Boddy says psychopaths take advantage of the "relative chaotic nature of the modern corporation," including "rapid change, constant renewal" and high turnover of "key personnel." Such circumstances allow them to ascend through a combination of "charm" and "charisma," which makes "their behaviour invisible" and "makes them appear normal and even to be ideal leaders."

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Did Psychopaths Take Over Wall Street Asylum?

Jan. 3 (Bloomberg) -- It took a relatively obscure former British academic to propagate a theory of the financial crisis that would confirm what many people suspected all along: The "corporate psychopaths" at the helm of our financial institutions are to blame.

Clive R. Boddy, most recently a professor at the Nottingham Business School at Nottingham Trent University, says psychopaths are the 1 percent of "people who, perhaps due to physical factors to do with abnormal brain connectivity and chemistry" lack a "conscience, have few emotions and display an inability to have any feelings, sympathy or empathy for other people."

"I Am Fishead" Are Corporate Leaders Egotistical Psychopaths ?

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how psychopaths and antidepressants influence our society a provocative snapshot of the world we live in

It is a well-known fact that our society is structured like a pyramid. The very few people at the top create conditions for the majority below. Who are these people? Can we blame them for the problems our society faces today? Guided by the saying "A fish rots from the head." we set out to follow that fishy odor. What we found out is that people at the top are more likely to be psychopaths than the rest of us. Who, or what, is a psychopath? Unlike Hollywood's stereotypical image, they are not always blood-thirsty monsters from slasher movies. Actually, that nice lady who chatted you up on the subway this morning could be one. So could your elementary school teacher, your grinning boss, or even your loving boyfriend. The medical definition is simple: A psychopath is a person who lacks empathy and conscience, the quality which guides us when we choose between good and evil, moral or not. Most of us are conditioned to do good things. Psychopaths are not. Their impact on society is staggering, yet altogether psychopaths barely make up one percent of the population.

Broken into three parts, our search for the <fishead( starts in New York City, on Wall Street, where a big chunk of the world power is concentrated. This small plot of city land is where the economic crisis erupted and what we found there has far-reaching consequences, both for the psychopaths and us normal folk.The second part of the film touches on how, for a small number of people, overuse of antidepressants can result in behaviors that appear to mimic some psychopathic features. Although overuse of these medications will not produce psychopathy, they may stifle emotion and decrease the user's ability to feel empathy. They also may have the opposite effects, "normalizing" emotional experience and empathy. More than one-third of the Western population uses and, in some cases, abuses these drugs. But why? So why do we want to take a pill that flattens or normalizes our normal feelings? We think something sure smells fishy again

It is not too far fetched to say that for the first time in history we not only praise psychopaths in the highest positions of power, but in many cases, they became our role models. On top of that, we don't seem to think it's a problem. In the third part, we come back to the idea of us, the normal people in our day-to-day life. How much different are we from the average psychopath? By embracing a superficial culture, each of us maybe unwillingly supports the <fishead(. Albert Einstein said, "The world is a dangerous place to live; not because of the people who are evil, but because of the people who don't do anything about it."Through interviews with renowned psychologist Professor Philip Zimbardo, leading expert on psychopathy Professor Robert Hare, former President of Czech Republic and playwright Vaclav Havel, authors Gary Greenberg and Christopher Lane, professor Nicholas Christakis, among numerous other thinkers, we have delved into the world of psychopaths and heroes and revealed shocking implications for us and our society.

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Why (Some) Psychopaths Make Great CEOs

British journalist Jon Ronson immersed himself in the world of mental health diagnosis and criminal profiling to understand what makes some people psychopaths — dangerous predators who lack the behavioral controls and tender feelings the rest of us take for granted. Among the things he learned while researching his new book, “The Psychopath Test: A Journey Through the Madness Industry”: the incidence of psychopathy among CEOs is about 4 percent, four times what it is in the population at large. I spoke with him recently about what that means and its implications for the business world and wider society.

Are we really to understand that there’s some connection between what makes people psychopaths and what makes them CEO material?

At first I was really skeptical because it seemed like an easy thing to say, almost like a conspiracy theorist’s type of thing to say. I remember years and years ago a conspiracy theorist telling me the world was ruled by blood-drinking, baby-sacrificing lizards. These psychologists were essentially saying the same thing. Basically, when you get them talking, these people [ie. psychopaths] are different than human beings. They lack the things that make you human: empathy, remorse, loving kindness.

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