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I'm no sympathetic to effort to rehabilitate people like this. Especially with "look what vacuous homilies they have to offer". Aside engaging in actual crime,
by joe_the_user 5y ago
I'm no sympathetic to effort to rehabilitate people like this. Especially with "look what vacuous homilies they have to offer".
Aside engaging in actual crime, Milken's career was part of a trajectory where corporate raiders forced a perspective of ultra-short-term-ism onto the corporate world, something we're still suffering from. And the association between this and actual law-breaking isn't coincidental.
- missedthecue 5y agoI'm elated at the rehabilitation of his image. I don't believe people must forever be defined by their pasts. Michael Milken is probably the brightest human being I've ever met and I think he has ideas worth sharing.
- inglor_cz 5y agoIf we recycle resources such as paper and tin, surely we should recycle people if possible. Prison time should not equal social death, otherwise it would be easier and possibly more merciful just to hang the person involved.
- joe_the_user 5y agoI'd generally agree that prison by itself shouldn't mean the end of a person's ability to make a life for themselves. As I said above, the problematic thing with Milken is his crime and his "paradigm" kind of walk around-in-around. Not that corporate raiding always leads to particular things that are against the law but that it overall leads to a broad situation of the already strong leveraging their strength to extract more from the weak as well as "leveraging the future", so-to speak. This approach does lead to a fundamental arrogance, which in turn leads to crossing various lines to make money as well. "The Milken Way" is kind of a combination of all this.