Insatiable: The Rise and Rise of the Greedocracy

Author(s): Professor Stuart Sim

Economics

Insatiable exposes the damaging effects of greed in both public and private life, showing how the actions of a socially irresponsible 'greedocracy' are systematically undermining our democratic institutions. Ranging across politics, economic theory, the financial world, healthcare, the food industry, sport, religion and the creative arts, it demonstrates how deeply embedded the greed imperative is in human psychology, and suggests various strategies for dealing with it in our daily experience. All of us are capable of being greedy in small, usually insignificant ways, but some of our fellow citizens carry this trait to extremes, including such antisocial behaviour as tax evasion. When the public purse is defrauded, everyone suffers.Greed is all around us, a critical factor of twenty-first-century life: the food industry enthusiastically promotes greed in our eating habits, ignoring the well-attested harm this does to our health prospects; the private medical sector, the norm in most countries, treats its clients primarily as sources of profit; the corporate sector cynically exploits the climate of austerity as an excuse to erode workers' rights and drive down wages; the wealth gap between the greedocracy and the rest of the population grows exponentially year on year. Insatiable is a wake-up call to recognize the negative influence that greed is having on human relations, and to resist the ever-present temptation to give in to its lure. Greed is a social evil that we must combat wherever we can.

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“So greed, as our more secular age prefers to call it, has always been with us. What is new? In Sim’s view it is greed’s all-pervasive visibility in our interconnected world where little remains hidden. While the extravagant fortunes that can be made in the financial centres and on stock exchanges receive most media attention, there is hardly a sector of public life where greed is not a rampant influence. It inflates the salaries of university vice-chancellors and company chairmen. It tempts sportspeople into taking performance-enhancing drugs and faking score lines for the sake of betting syndicates. In the food industry it perverts suppliers as well as consumers by manipulating packaging and advertising in order to create excess demand for fatty and unhealthy products. It permeates the healthcare business, through pharmaceutical companies’ unfair pricing policies, as well as a private health insurance sector which seeks the maximum profit while failing, as far as they can get away with it, to cover people’s pre‑existing medical conditions….Sim acknowledges that the profit motive and competition are aspects of human nature, conforming to the Darwinian theory of the survival of the fittest.”  

Stuart Sim – The Guardian

Stuart Sim is a former Professor of Critical Theory, Northumbria University, Newcastle. Recent publications include Fifty Key Postmodern Thinkers (2013), The Edinburgh Companion to Critical Theory (2016) and A Philosophy of Pessimism (Reaktion, 2015).

General Fields

  • : 9781780237343
  • : Reaktion Books, Limited
  • : Reaktion Books, Limited
  • : 0.431
  • : 01 March 2017
  • : 216mm X 138mm
  • : United Kingdom
  • : 01 June 2017
  • : books

Special Fields

  • : Professor Stuart Sim
  • : Hardback
  • : 178
  • : 224
  • : 0 illustrations