In the News: (From WSJ.com): “Traders… are not the only people doing pointless jobs. Divorce lawyers, the makers of advertisements for cars and the manufacturers of very large handbags are among the many who are doing nothing to make the world a better place.
In the middle of last year the chairman of the U.K.’s Financial Services Authority upset many bankers by describing the jobs they did as “socially useless.” A year on, and Adair Turner is placing that judgment in a much broader context during a series of three lectures at the London School of Economics.
Turner’s goal during the first lecture was to establish whether economic growth made people happier. His broad conclusion was that it didn’t.” The richer a society the more people are engaged in performing useless and even destructive activities.
My Comment: Let’s hope that not only this gentleman is aware of the situation and there are others who can help change our society and the world as a whole. Kabbalah teaches us that we have to observe the law of nature and consume only as much as we need to carry on. Anything above this point will return back to us as like a boomerang.