Rediscovering Values: On Wall Street, Main Street, and Your Street Irony

Rediscovering Values: On Wall Street, Main Street, and Your Street Irony

“The Media has missed the deeper discussion”

Jim Wallis writes, “By and large, the media has missed the deeper discussion and continues to focus only upon the surface of the crisis.” The media ought to be the frontrunner in disseminating subjects regarding how paucity of moralities has subsidized contemporary fiscal crises. The media’s flop in the conveyance of its vital mandate depicts the deteriorating canons in the media industry which has occasioned focus on superficial, sensational information in place of analytical and pertinent subjects.

The Irony of Advertising

Wallis observes, “Advertising has preyed upon two of our deepest human emotions, greed and fear- what do you want and what are you afraid of. Sometimes the ads answered questions we hadn’t even throughout to ask, about the whiteness of our teeth and the style of our clothes, but once we saw the answers they gave us, we began asking the same questions.” Customarily, advertising is regarded as a stratagem that is contributory in the success and conspicuousness of brands and commodities. Nonetheless, many consumers are unacquainted of the adversative psychological repercussions of promotion like incentivizing of superfluous desires.

“Greed is Good”

Wallis writes, “In the Great Recession, there are both villains and vices. And both are parts of how we got here. We have been calling good evil and evil good, and we become more and more confused about the differences between the two. The cultural messages over the last several decades have clearly been: greed is good; it is all about me; and I want it all, and I want it now.” Religiously and ethically greed is not a complimentary trait. Nonetheless, consumerism has endorsed greed as an affirmative trait for it renders individuals to trail and accomplish their capitalist and individualist goals commendable. The blurring dissimilarities between goodness and evilness validate the degree to which culture has standardized vices; hence, they cannot be distinguished from virtues.

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