Tag Archives | credit crisis

financial_crisis

Capitalism on the couch: psychoanalyzing the credit crisis

Corporations and entire Western economies displayed the same kind of manic behavior as psychologically disturbed individuals during the 2008 credit crisis, argues a new study in the journalOrganization. “Bankers, economists and politicians shared a ‘manic culture’ of denial, omnipotence and triumphalism as they threw caution to the wind,” says study author Professor Mark Stein, from […]

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