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"Behind every great civilisation lies a financial secret."

2 pointsby ksvsover 16 years ago

1 comment

mlLKover 16 years ago
<i>Finance has its very own 'genes', in the sense of certain business practices, and it boasts a potential for spontaneous mutation thanks to technological innovation. There is competition between firms for resources; a mechanism for natural selection, with weaker practices, firms and individuals wiped out; scope for speciation, with the creation of wholly new species of financial institutions a key feature of the past few years; and scope for extinction, with species dying out altogether.</i><p>Reminded me of this documentary I've seen once before but can't remember the title. The film's hook was to approach the modern American corporation as a person then psychoanalyze it accordingly. As you may have guessed, by the third act of the film you want most of these companies under question to be sent off to the loony bin.