Feb. 28th, 2012
It suggests that the traditional notion of the upper class “cad” or “bounder” could have a scientific basis.
But psychologists at the University of California in Berkeley, who carried out the study, also suggested that the findings could help explain the origins of the banking crisis – with self-confident, wealthy bankers more likely to indulge in reckless behaviour.
The scientists also carried out a series of observations at a traffic junction in San Francisco.
Different drivers’ social status was assessed on the basis of what car they were driving as well as visible details such as their age.
Those deemed to be better off appeared more likely to cut up other drivers and less likely to stop for pedestrians.
Overall the study, published in the Proceedings of the National Academy of Sciences, concluded that those from richer or powerful backgrounds appeared greedier, more likely to lie in negotiation and more likely to cheat.
Being in a higher social class – either by birth or attainment – had a “causal relationship to unethical decision-making and behaviour”, they concluded. The findings appeared to bear out the teachings of Aristotle, Plato and Jesus that greed is at the root unethical behaviour.
Originally posted at http://ukhudshanskiy.dreamwidth.org/1230040.html.

Originally posted at http://ukhudshanskiy.dreamwidth.org/1230332.html.

Pupils at the Orthodox Jewish Robert M Beren Academy in Houston were left celebrating after they reached the semifinals of the state contest.
But their victory was short-lived after organisers refused to change the time of the match from 9pm on Friday – after sunset – despite an appeal lodged by the school to the Texas Association of Private and Parochial Schools.
Originally posted at http://ukhudshanskiy.dreamwidth.org/1231817.html.

Transcript:
“The point is, ladies and gentlemen, greed, for lack of a better word, is good. Greed is right.”
Hello, I’m Michael Douglas. In the movie Wall Street I play Gordon Gekko, a greedy corporate executive who cheated to profit while innocent investors lost their savings.
The movie was fiction, but the problem is real.
Our economy is increasingly dependent on the success and the integrity of the financial markets. If a deal looks too good to be true, it probably is.
For more information on how you can identify securities fraud, or to report insider training, contact your local FBI office. Or submit a tip online at tips.fbi.gov.
Thank you.
Transcript:
“The point is, ladies and gentlemen, greed, for lack of a better word, is good. Greed is right.”
Hello, I’m Michael Douglas. In the movie Wall Street I play Gordon Gekko, a greedy corporate executive who cheated to profit while innocent investors lost their savings.
The movie was fiction, but the problem is real.
Our economy is increasingly dependent on the success and the integrity of the financial markets. If a deal looks too good to be true, it probably is.
For more information on how you can identify securities fraud, or to report insider training, contact your local FBI office. Or submit a tip online at tips.fbi.gov.
Thank you.
Originally posted at http://ukhudshanskiy.dreamwidth.org/1231909.html.

10th Place: Amalie Helmbo Hansen (Denmark) - Under the Same Sun.

10th Place: Amalie Helmbo Hansen (Denmark) - Under the Same Sun.
Originally posted at http://ukhudshanskiy.dreamwidth.org/1232369.html.
