Friday, July 13, 2012

Brain science: Why big bankers behave badly

Like most things in life, science can explain why big bankers are sleazeballs.  It's 30+ years of deregulation and financial bubbles that put at least two generations of bankers in permanent "kill" mode, focused on power, conquest and reward, while they're oblivious to risks and downsides.

It's evolution and brain science, folks.  It's incontrovertible.  And if you don't buy it then you're an ideologue.  These sleazeballs need a hard slap of negative reinforcement -- regulation, prosecutions, and jail time -- to re-wire their reptilian brains.


The unconstrained power of bankers acts like a drug on their brains' reward systems, creating insatiable appetites
By Ian Robertson
July 2, 2012 | Guardian

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