They may not have been aware of the exact nature and
extent of the rot - but they witnessed approvingly the
public relations antics, insider trading, stock option
resetting , unwinding, and unloading, share price
manipulation, opaque transactions, and outlandish pay
packages. Investors remained mum throughout the
corruption of corporate America. It is time for the
hangover.
XL. The Green-Eyed Capitalist
Conservative sociologists self-servingly marvel at the
peaceful proximity of abject poverty and ostentatious
affluence in American - or, for that matter, Western -
cities. Devastating riots do erupt, but these are reactions
either to perceived social injustice (Los Angeles 1965) or
to political oppression (Paris 1968). The French
Revolution may have been the last time the urban sans-
culotte raised a fuss against the economically
enfranchised.
This pacific co-existence conceals a maelstrom of envy.
Behold the rampant Schadenfreude which accompanied
the antitrust case against the predatory but loaded
Microsoft. Observe the glee which engulfed many
destitute countries in the wake of the September 11
atrocities against America, the epitome of triumphant
prosperity. Witness the post-World.com orgiastic
castigation of avaricious CEO's.
Envy - a pathological manifestation of destructive
aggressiveness - is distinct from jealousy.
The New Oxford Dictionary of English defines envy as:
"A feeling of discontented or resentful longing aroused by
someone else's possessions, qualities, or luck ...
Mortification and ill-will occasioned by the contemplation
of another's superior advantages".
Pathological envy - the fourth deadly sin - is engendered
by the realization of some lack, deficiency, or inadequacy
in oneself. The envious begrudge others their success,
brilliance, happiness, beauty, good fortune, or wealth.
Envy provokes misery, humiliation, and impotent rage.
The envious copes with his pernicious emotions in five
ways:
1. They attack the perceived source of frustration in
an attempt to destroy it, or "reduce it" to their
"size". Such destructive impulses often assume the
disguise of championing social causes, fighting
injustice, touting reform, or promoting an
ideology.
2. They seek to subsume the object of envy by
imitating it. In extreme cases, they strive to get
rich quick through criminal scams, or corruption.
Public-domain text, read in full here on John Shaqi.
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