Written by Jeffrey Tucker for LFB.org.
Why is business so often scapegoated for all the problems of society?
The term scapegoat comes from the Bible and refers to the goat cast out of the community as part of a purification ritual. Perhaps when people saw that lonely goat walk away and probably into its death, it made them feel better about themselves.
Weird, right? We don’t think that way today. Except we do.
The scapegoat since the 2008 financial disaster has been the business sector in general. The anti-capitalist frenzy started with a justified hit on the financial elites who benefited from the bailouts. But inevitably, public wrath turned against anyone trying to make a buck.
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