Greed plunged current economy into global crisis

From Newspost Online:

Greed may have plunged the current economy into global crisis, for which both individual and increasingly materialistic culture are to blame.

“America has an economic system set up to create the kind of mess we’ve seen recently,” said social psychologist Tim Kasser, Knox College in Galesburg, Illinois.

“Our form of capitalism encourages materialistic values, and the research shows that people high on materialism are more likely to engage in unethical business behaviours and manipulate people,” he added.