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Thread: Are (some) CEO's Sociopaths?

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    Politics.ie Member rhonda15's Avatar
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    Default Are (some) CEO's Sociopaths?

    CEOs in America (and elsewhere) make as much money as they do because there really is a shortage of people with their skill set. And it's such a serious shortage that some companies have to pay as much as $1 million a day to have somebody successfully do the job.

    But what part of being a CEO could be so difficult-so impossible for mere mortals-that it would mean that there are only a few hundred individuals in the United States capable of performing it?

    In my humble opinion, it's the sociopath part.

    CEOs of community-based businesses are typically responsive to their communities and decent people. But the CEOs of most of the world's largest corporations daily make decisions that destroy the lives of many other human beings.

    Only about 1 to 3 percent of us are sociopaths-people who don't have normal human feelings and can easily go to sleep at night after having done horrific things. And of that 1 percent of sociopaths, there's probably only a fraction of a percent with a college education. And of that tiny fraction, there's an even tinier fraction that understands how business works, particularly within any specific industry.

    Are CEO's Sociopaths? - American Politics - Care2.com

    It would be a serious mistake to suggest that most or all CEO's are sociopaths - however i would argue many of them very well may be.

    the shenanigans that have gone on with the financial crisis and in this country with the property bubble, the businessmen and lawyers that have conned people out of their life savings (Madoff, Cheney and our own Breifne O'Brien)
    How high-flying Breifne 'pulled in the suckers' - Analysis, Opinion - Independent.ie

    It's time to face up to the fact that these people are capable of doing great harm to society - and systems should be put in place to deny them positions of trust and high political office - whilst also acknowledging the fact they can be quite gifted (in some areas) and they may have some benefits to society.

    There has been much study done on this in the US and Canada.

    Here are some great vids on the subject.

    [ame="http://www.youtube.com/watch?v=5TWQgGSdB4U"]YouTube - Psychopaths in Marketing pt 1[/ame]

    [ame="http://www.youtube.com/watch?v=zA9-RB3runE"]YouTube - Psychopath - Psychopaths - Documentary - [part 1][/ame]
    Last edited by rhonda15; 3rd November 2009 at 05:22 PM.
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    CEOs in America (and elsewhere) make as much money as they do because there really is a shortage of people with their skill set. And it's such a serious shortage that some companies have to pay as much as $1 million a day to have somebody successfully do the job.
    This is clearly not true. Most CEOs, particularly of the largest companies, have proven to be supremely incompetent. It appears that the higher paid a CEO is, the more incompetent he/she is.

    They got the money purely because they could get away with it.
    "...Money exists not by nature but by law." Aristotle (Ethics, 1133)

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    Well 1 in 25 people are said to be sociopaths. So SOME are bound to be.

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    Politics.ie Member Raketemensch's Avatar
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    Quote Originally Posted by Kensington View Post
    This is clearly not true. Most CEOs, particularly of the largest companies, have proven to be supremely incompetent. It appears that the higher paid a CEO is, the more incompetent he/she is.

    They got the money purely because they could get away with it.
    Incompetence is consistent with being a sociopath. The key factor is a brass neck. Recklessness. A bigshot financial CEO has to take massive risks with other people's livelihood on a regular basis and not be scared of the likely outcome of failure.

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    Politics.ie Member TradCat's Avatar
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    You could probably make the same claim about any group of people at the top of their profession from Trade Union leaders to football managers to politicians. Especially politicians. It's tiny little advantages that make a difference.

    If Ronaldo was a bit slower we'd never have heard of him. If Steve Jobs was a little less single minded, Bertie Ahern a little bit more honest they would have been in the herd like most of us. A little edge and bit of luck is often enough.

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    When you think about it, our society is setup for Sociopaths to prosper. Take a look at Business and Politics and note the similarities. To get to the top you need unwavering ambition and Ruthlessness. Psychopaths are believed to be quite common place. They are not as the movies would suggest cross-dressing knife-wielding maniacs. They are defined by a complete lack of empathy for fellow humans. They do not feel remorse for their actions at all.

    Is it any surprise at the sense of disconnect we get from some of our Politicians? Or the sense of exploitation we feel from Big Business? Look at the mess we are in right now. Too many psychopaths worked their up the ladder and allowed their natural tendancies to set policy for our nation. We are in the crapper because Greed and ambition of the few have impacted on the lives of the many.

    Dont be waiting for an apology. The Psychopaths greatest fear is getting caught. They can sleep soundly knowing what they have done.

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    Politics.ie Member cyberianpan's Avatar
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    Quote Originally Posted by Kensington View Post
    This is clearly not true. 1) Most CEOs, particularly of the largest companies, have proven to be supremely incompetent. 2) It appears that the higher paid a CEO is, the more incompetent he/she is.

    They got the money purely because they could get away with it.
    Can you produce quality evidence proving your 2 points above ?

    cYp
    "Yawn , am I alive yet ?"

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    Politics.ie Member cyberianpan's Avatar
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    Quote Originally Posted by NotoriousFin View Post
    Well 1 in 25 people are said to be sociopaths. So SOME are bound to be.
    That is quite a specific figure - do you have a source for it ?

    cYp
    "Yawn , am I alive yet ?"

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    It is often said that if the actions and values of a typical corporation were transferred to a human being, the result would be a person with dangerous pychopathic tendencies.

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    Most CEOs, particularly of the largest companies, have proven to be supremely incompetent.
    Well, what quality evidence do you want? AIB, BOI, Anglo Irish Bank etc. etc. There is a corner shop down the road from me that is surviving without Government bailouts, i think that is enough quality evidence on that point.

    t appears that the higher paid a CEO is, the more incompetent he/she is.
    Well, again, the highest paid CEOs have made the biggest loses. The huge banks in the USA, along with the auto companies, were the first to fall, causing this whole crisis. The CEO of the corner shop down the street did not go overborard in the Credit-default-swap market. That is enough quality evidence for point two.
    "...Money exists not by nature but by law." Aristotle (Ethics, 1133)

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