OccuWorld on Nostr: The Insidious Elitist Upshot of Behavioral Economics ...
The Insidious Elitist Upshot of Behavioral Economics
https://jacobin.com/2024/08/behavioral-economics-exxon-valdez-elitism/
His experiments redefine rationality in a way that served elites, while redefining public opposition to corporate malfeasance as irrational. In one case, his ideas helped ExxonMobil (then the Exxon Corporation) save billions after their greatest environmental disaster, the Exxon Valdez oil spill…
#Psychological #Manipulation #Elite #Profit #Kahneman
https://jacobin.com/2024/08/behavioral-economics-exxon-valdez-elitism/
His experiments redefine rationality in a way that served elites, while redefining public opposition to corporate malfeasance as irrational. In one case, his ideas helped ExxonMobil (then the Exxon Corporation) save billions after their greatest environmental disaster, the Exxon Valdez oil spill…
#Psychological #Manipulation #Elite #Profit #Kahneman