NationStates Jolt Archive

I may be a couple years late in commenting on this, but I just returned from seeing a documentary titled "Enron: the Smartest Guys in the Room" about the infamous collapse of everything reasonable, moral, legal, and regular in the political and corporate system.

The story chilled me. It demonstrates the complete imbalance of speculation and reality, speech and truth, ego and capability, and an utter breakdown of a moral work culture. For some reason, this strikes me as something every one of us should be worried about: if the very biggest most powerful companies in the capitalist world are nothing more than fraudulent red herrings, waiting to be hurled off the deep end, taking the envirinment, worker's pensions, and the integrity of government with them, what does the average working person have to rely on??

The Enron situation fills me with a sort of sick feeling that roots from the unfairness and un-reality of it all. Like the very jobs and resources we rely on are an arbitrary and temporary result of someone else's smoke and mirrors. Is tere an economist on NS that can reasure me as to the existance of honesty and hard work payig off?

Everyone should see this movie if they haven't already.

I'm off to bed...but would someone mind re-instilling some faith in humanity before morining?

Is tere an economist on NS that can reasure me as to the existance of honesty and hard work payig off?
It's tragic isn't it? :D

I can refer you to game theory (http://en.wikipedia.org/wiki/Game_theory) for honesty.

Hard Work I'm afraid is only worth as much as someone will pay for it.

And otherwise, it's always Costs and Benefits. They benefitted from it, while the cost was small. Even now, the leaders have gotten off too easy.