Charles Hugh-Smith: The Terminal Rot in Corporate America

https://charleshughsmith.substack.com/p/the-terminal-rot-in-corporate-america

One of humanity’s most pernicious traits is the ease with which we habituate to conditions over time that we would have rejected out of hand if the transition had been sudden. This is the essence of what I term Anti-Progress: over time, what was solid melts away into thin air, what worked no longer works, but we no longer notice because wretchedness and decay have been normalized, i.e. accepted as “the way things are,” or hyper-normalized: everyone knows things no longer work but we’re unable to change the system, so we play-act that everything’s fine as a means of not going crazy.

Which brings us to the terminal rot in Corporate America, a rot so deep and pervasive that few recall that Corporate America once had some purpose other than increasing profits next quarter to boost “shareholder value.”

The moral rot in Corporate America goes unnoticed in a society in terminal moral decay. Why should corporate fraud, profiteering, deception and extortion attract our attention when self-service is the norm, lobbyists write regulations, legislators tell us we’ll find out what’s in the bill after they pass it into law, tax fraud by the wealthy is accepted practice, and so on in an endless stream of avarice and corruption?

Rest at the link.

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