Capitalist Greed: A Socioanalytic Perspective

Conference, Audio, Video or Powerpoint Presentation

Title: Capitalist Greed: A Socioanalytic Perspective
Year: 2011
Authors: Sievers, B.
Abstract:

“Do we not see economists leaving out of account unconscious greed?” It seems that this question, which Donald W. Winnicott and his colleagues asked some 25 years ago, has not lost relevance today. While economists still broadly emphasize self-interest as a driving force and rarely discuss the impact of greed, socioanalysts are increasingly interested in it. Taking Melanie Klein’s earlier work on greed as a starting-point, I offer the notion of ‘capitalist greed’ and the attempt to elaborate some of the unconscious dynamics in the capitalist realm of economy and finance. I see greed as a psychotic dynamic that inhibits thinking, and limits reality to what is bearable and desired. Greed is neither a phenomenon that began with the onset of capitalism nor the decisive cause of the current crisis, but it is inherent in the former and became most apparent in the latter. Subsequently, I will elaborate how competition is often fueled by excessive greed that seeks to damage or even annihilate competitors, and is the source of corruption and fraud. The mere pursuit of maximizing profit, fostered and legitimized by economics for almost half a century, has had a major impact on the prevalence of greed in our contemporary economy and the financial service industry in particular. In concluding, I will offer some thoughts on how the psychotic dynamic inherent in capitalist greed and the psychotic thinking concomitant with it could be brought more into balance with non-psychotic thinking, i.e. how regeneration can be considered in a world gone mad with greed.

Keywords: Greed, competition, corruption, regeneration, socioanalysis
Language: English


Date: 6/18/2011
Location: Melbourne, Australia
Name of Event/Conference: 28th Annual Meeting, The International Society for the Psychoanalytic Study of Organizations (ISPSO), 'Regeneration in Organizations: Psychoanalytic Perspectives'
Sponsoring Organization: ISPSO

Submitted by:
Burkard Sievers

Corresponding author:

Literature Download:

By downloading the file you agree to comply with the Terms of Use / Guidelines of the ISPSO Library and the copyright/authority information for this Literature (above).


If there is no filename in a link below then a download has not been provided.
Members-only Downloads are via the members-only zone of the website.

External website Download
http://

Local Download

File nameFile typeSize
G-Seivers AM ISPSO 2011.mp3Audio file with ID3 version 2.3.065.32 MBInfo
Sievers_2011_Capitalist_Greed_A_Socioanalytic_Perspective.docComposite Document File V2 Document87.5 kBInfo

Members-only Download
https://members.ispso.org/local--files/downloads/
https://members.ispso.org/local--files/downloads/


Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License