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Opinions/Editorials
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Title: Trust in business and politics reaches critical point
Source: Finance Addict
URL Source: http://financeaddict.com/2012/01/tr ... litics-reaches-critical-point/
Published: Jan 24, 2012
Author: staff
Post Date: 2012-01-24 13:14:06 by lucysmom
Keywords: corrupt government, corrupt business
Views: 2228
Comments: 4

Edelman is one of the world’s most respected public relations firm. Every year they do a big global survey in order to report on that most elusive of subjects — trust. For this year’s edition they asked 1,000 members of the general public in each of 25 countries to respond to their online survey, but also at least 200 members of the “informed public” in each country — richer, older, college-educated and eager consumers of news and public policy.

So, who do they trust, what do they want and what does that mean for you and me? Well, Edelman — the clean-up crew of the corporate world — wouldn’t quite put it this way but I will: they want, in large part, what the global Occupy movement wants.

Let me just say that if your first response to that last sentence was, “But no one knows what Occupy wants!” then you should probably spend your three minutes of attention elsewhere. However, if from the hodgepodge of Occupy Wall Street messages you can discern the broad outlines of a platform pushing for more corporate responsibility, more just socioeconomic opportunities and outcomes and a political process that’s more responsive to citizens than to moneyed corporate interests, then you might be interested to know that these ideas seem to be in the ascendant around the world, and even among the richer, older, more “informed public”.

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#1. To: Not Badeye, A K A Stone, Fred Mertz, Godwinson, go65, war, no gnu taxes, Skip Intro, ferret mike, jwpegler, mininggold, brian s, mcgowanjm (#0)

...they want, in large part, what the global Occupy movement wants.

ping

Economics is a social phenomenon and in no way a “science”, no matter how desperately its high priests would like to have it believed otherwise. It is, instead, a branch of anthropology and the sooner that is recognized and accepted, the better off human-kind in general and the world of academic economics, in particular, shall be proximity1

We probably will see widespread civil disorder in the 1980s, as a direct result of our faltering economic system. Ron Paul

lucysmom  posted on  2012-01-24   13:14:48 ET  Reply   Trace   Private Reply  


#2. To: lucysmom (#1)

>>...they want, in large part, what the global Occupy movement wants.

Hear, hear!

Fred Mertz  posted on  2012-01-24   13:21:15 ET  Reply   Trace   Private Reply  


#3. To: lucysmom (#0) (Edited)

Edelman is Microsoft's PR firm. I have worked with them in the past both as a Microsoft employee and as the VP of Engineering from a Microsoft joint venture. They are very credible.

Of all industries, and for the second year in a row, banks and financial services are the least trusted and trusted

Because they are in cahoots with the government, which has socialized their losses at our expense.

Technology remained the most credible sector, with a 79% favorable response.

Yep, people love their PCs, smart phones, game boxes, tablets, social networks...

The “average employee” was chosen as the most credible source of info on a company.

I would actually vote for the CXO's (CEO, CFO, COO, CIO, CTO, etc) administrative assistants as the most credible source of info within a company. They know everything and if you build a good relationship with them, they will tell you everything over a couple of drinks.

Government is seen as increasingly untrustworthy, and possibly also incompetent.

Yep, we have an M & M government -- Moronic and Malicious. I am so happy that average people are finally starting to get it. It makes me encouraged for our future.


Iran’s main drive for acquiring atomic weapons is not for use against Israel but as a deterrent against U.S. intervention -- Major General Zeevi Farkash, head of the Israeli Military Intelligence Directorate

jwpegler  posted on  2012-01-24   14:59:42 ET  Reply   Trace   Private Reply  


#4. To: jwpegler (#3)

Yep, we have an M & M government -- Moronic and Malicious. I am so happy that average people are finally starting to get it. It makes me encouraged for our future.

Yes, and people don't have much faith in business either, so whattaya gonna do - shrink government oversight and regulation on business?

Economics is a social phenomenon and in no way a “science”, no matter how desperately its high priests would like to have it believed otherwise. It is, instead, a branch of anthropology and the sooner that is recognized and accepted, the better off human-kind in general and the world of academic economics, in particular, shall be proximity1

We probably will see widespread civil disorder in the 1980s, as a direct result of our faltering economic system. Ron Paul

lucysmom  posted on  2012-01-24   21:21:00 ET  Reply   Trace   Private Reply  


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