09-09-2009, 11:10 AM
Myra Bronstein Wrote:The Fed also failed to sufficiently regulate major financial institutions, with Greenspan -- and the dominant economists -- believing that the banks would regulate themselves in their own self-interest.
I keep repeating this, I know, but the biggest crock ever sold to the public in the long history of the world, was self regulation of banking (and business in general) "in their own self interest".
It's rather like the authorities saying that they will no longer police crime because criminals will regulate themselves in their own self interest.
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14