World News Trust World News Trust
World News Trust World News Trust
  • News Portal
  • All Content
    • Edited
      • News
      • Commentary
      • Analysis
      • Advisories
      • Source
    • Flatwire
  • Topics
    • Agriculture
    • Culture
      • Arts
      • Children
      • Education
      • Entertainment
      • Food and Hunger
      • Sports
    • Disasters
    • Economy
    • Energy
    • Environment
    • Government
    • Health
    • Media
    • Science
    • Spiritual
    • Technology
    • Transportation
    • War
  • Regions
    • Africa
    • Americas
      • North America
      • South America
    • Antarctica
    • Arctic
    • Asia
    • Australia/Oceania
    • Europe
    • Middle East
    • Oceans
      • Arctic Ocean
      • Atlantic Ocean
      • Indian Ocean
      • Pacific Ocean
      • Southern Ocean
    • Space
  • World Desk
    • Submit Content
  • About Us
  • Sign In/Out
  • Register
  • Site Map
  • Contact Us
  • :::ADVISORY:::GOOD MORNING! 230328:::ADVISORY:::
  • What Will Happen When Banks Go Bust? | Ellen Brown
  • Solving the Debt Crisis the American Way | Ellen Brown
  • ChatGDP Business Plan For World News Trust Social News Network
  • How Elon Musk's Tweets Unleashed A Wave Of Hate | Marianna Spring
  • Will China Dump Its Dark Deal With America? | Yanis Varoufakis
  • Anatomy Of A Financial Meltdown | Nouriel Roubini
  • ChatGDP Business Plan For World News Trust Social News Network
  • How Elon Musk's Tweets Unleashed A Wave Of Hate | Marianna Spring
  • Solving the Debt Crisis the American Way | Ellen Brown
  • What Will Happen When Banks Go Bust? | Ellen Brown
  • :::ADVISORY:::GOOD MORNING! 230328:::ADVISORY:::

What the Pandemic Revealed: a Morally Bankrupt Culture | Charles Hugh Smith

More items by author
Categories
Edited | Front Page Stories | All Content | Culture | Economy | Finance | Business | Employment | Government | Law | Crime | Spiritual | North America | Commentary | Analysis | Commentary -- WNT Selected
Tool Bar
View Comments

Monopolies, quasi-monopolies and cartels are inherently exploitive and thus evil.

May 1, 2020 (OfTwoMinds.com) -- What was "normal" for the past two decades was to turn a blind eye to the moral and financial bankruptcy of the American culture, the rot at the heart of its social, political and economic orders. The pandemic has shredded the putrid facade and revealed the rot, much to the dismay of the multitude of minions tasked with sanitizing the rot behind narratives promoting the normalization of predation, fraud and exploitation.

What's been absolutely verboten is to call legalized pillage and predation what they really are: evil. We've normalized exploitation and predation by the usual means: denial, legal justifications, making excuses for the predators and the system that defends predation, and by erasing the memory of a time when moral bankruptcy, predation and institutionalized fraud were not yet normalized.

People have always been self-absorbed and greedy, so goes the excuse; or, greed is good because that's the magic of the invisible hand at work.

By stripping fraud and predation of moral consequence, we've covered the putrid rot with a thoroughly modern amorality which we can summarize as anything goes and winner takes all. Monopoly, quasi-monopoly and cartels (i.e. Warren Buffett's entire portfolio) are presented as the natural order of things rather than an evil construct of predation and exploitation that benefits the few at the expense of the many.

(more)

READ MORE: Of Two Minds

 

cartoon value

 

 

back to top
  • Created
    Friday, May 01 2020
  • Last modified
    Monday, May 18 2020
  1. You are here:  
  2. Home
  3. All Content
  4. Edited
  5. What the Pandemic Revealed: a Morally Bankrupt Culture | Charles Hugh Smith
Copyright © 2023 World News Trust. All Rights Reserved.
Joomla! is Free Software released under the GNU General Public License.