The idea that some folks are subhuman and thus fair game is a familiar runaway idea in this age of electronic communications. A more serious runaway idea in the short term may be that "corporations serve only a few shareholders".
Historically corporations in the developed world (on the bright side) have provided significant multiscale value in the form of secure jobs for employees, economic benefits to their regions, as well as a stream of innovative and reliable products to their customers. Alas under the guise of global competition, a new type of corporate management (not yet everywhere) has emerged that preys on such companies.
Hence the new "bubbles" are not in startups, but in companies with established value. This is because the management approach referred to above has a monoscale focus: Convert the multiscale value of established companies (in the form of the employee skill base, regional loyalty, and product reliability) into cash leaving value-free husks in their wake. Do any recent examples come to mind?
Just as multiscale thinking on the part of newsmedia, voters, politicians, and consumers is crucial to our collective long term future, so multiscale thinking on the part of stockholders (particularly the larger ones) may be crucial to many lives in the days ahead. Even if media of the past half decade overlooked the collective stupidity of feedback-amplified xenophobia, in the next can they nonetheless help us slow the continued loss of reputable businesses?
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