Discussion about this post

User's avatar
Kent's avatar

Reminds me of this from Keynes, "Economic Possibilities for Our Grandchildren" (1930).

"When the accumulation of wealth is no longer of high social importance, there will be

great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exalted some of the most distasteful of human qualities into the position of the highest virtues. We shall be able to afford to dare to assess the money-motive at its true value. The love of money as a

possession -as distinguished from the love of money as a means to the enjoyments and realities of life -will be recognised for what it is, a somewhat disgusting morbidity, one of those semicriminal, semi-pathological propensities which one hands over with a shudder to the specialists in mental disease."

Expand full comment
Carol M Davis's avatar

Well written and documented.

Excellent food for thought confirming many suspicions that this ubiquitous behavior of lack of empathy

in the community of oligarchs is kin to mental illness.

Expand full comment
36 more comments...

No posts