Ring Of Gyges Quotes

When corporations are given the ring of Gyges, we can expect catastrophic results (for the ecosystem, the banking system, public health, etc.).

If morality represents the way we would like the world to work and economics represents how it actually does work, then the story of Feldman’s bagel business lies at the very intersection of morality and economics. Yes, a lot of people steal from him, but the vast majority, even though no one is watching over them, do not. This outcome may surprise some people — including Feldman’s economist friends, who counseled him twenty years ago that his honor-system scheme would never work. But it would not have surprised Adam Smith. In fact, the theme of Smith’s first book, The Theory of Moral Sentiments, was the innate honesty of mankind. “How selfish soever man may be supposed,” Smith wrote, “there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it, except the pleasure of seeing it.” There is a tale, “The Ring of Gyges,” that Feldman sometimes tells his economist friends. It comes from Plato’s Republic. A student named Glaucon offered the story in response to a lesson by Socrates — who, like Adam Smith, argued that people are generally good even without enforcement. Glaucon, like Feldman’s economist friends, disagreed. He told of a shepherd named Gyges who stumbled upon a secret cavern with a corpse inside that wore a ring. When Gyges put on the ring, he found that it made him invisible. With no one able to monitor his behavior, Gyges proceeded to do woeful things—seduce the queen, murder the king, and so on. Glaucon’s story posed a moral question: could any man resist the temptation of evil if he knew his acts could not be witnessed? Glaucon seemed to think the answer was no. But Paul Feldman sides with Socrates and Adam Smith — for he knows that the answer, at least 87 percent of the time, is yes.

Anonymity is more complicated than that in World of Warcraft, as the game’s design essentially hands every player their own personal Ring of Gyges.

We live in a time where the Ring of Gyges could represent “power,” and how we use such power is reflected by our action and choices. Do we have a moral compass? Are we capable of anything or subject to being corrupted by absolute power? The old saying absolute power corrupts absolutely. I think the answer, in my humble opinion, is that with great power comes great responsibility. I would go further and say such influence and power used in the correct way, to ultimately help others or change the world for the better, is a positive possibility. The person who is truly content, resourceful and adaptive would not need such a lever to succeed as well. Although if money or power gives us access to more opportunities for travel, or work, or education for Lexivists who are focused on obtaining knowledge and positive activity which all is done in a way that is moderated rather than taken to an extreme of being corrupted, or being excessive. The choice is ours and how we act reflects our capacity to be virtuous, to continue to better ourselves as human beings and Lexivists.

In Plato’s Republic, the character Glaucon mentions the tale of the ring of Gyges. The ring permits its wearer to turn invisible so that he can perpetrate any evil or fraudulent act without detection.

Then do not say to me, “What would you? He is valiant, good, and true!” I know’t myself, nay more—would swear the same, Yet all the more I speak my warning word:— Be on your guard with Gyges! ______Gyges and his Ring

Not for a game nor the mad pranks o’ the fool Its metal has been welded, and perchance There hangs on it the whole world-destiny. Methinks ’tis given me to dare the vision Of time’s most ancient gulfs, and see the fight The young gods fought with the hoar gods of eld. ______Gyges and his Ring

And the first glance told me another thing, That should there come on me a greater peril You’d do the deed again and make it braver. And if it has not come you bear no guilt. ___Gyges and his Ring

you set The others all to spinning, and you weave, And lo, a net wherein no piece of cordage Belongs to you, yet the whole thing’s your own! ______Gyges and his Ring

I just realized that The Invisible Man is a retelling of Plato’s ring of Gyges,

Trick #1 for Farming Humans is the ability to invisibly commit crime. Chapter 1, Page 9, Ring of Gyges Trick #2 for Farming Humans is to allow professionals to create rigged systems or self serving social constructs. Chapter 4, page 28 (Lawyers who serve corporate interests are often incentivized to assist in harming the society to increase their own security. SEC, Bernie Madoff, Corporations as invisible friends, Money laundering assistance) Trick #3 in Farming Humans is making it legal for insider manipulation of public markets for private gain. (Boeing CEO) page 32 Trick #4 for Farming Humans is Justice prefers to look only down…rarely up towards power. Chapter 5, page 33. Trick #5 for Farming Humans is “let us create the nation’s money”. What could go wrong? Found in Chapter 7 on page 38. Trick # 6 in the game of Farming Humans, to create something which gives a few men an elevated status above the rest. Southern Pacific Railroad taxes, to Pacific Gas and Electric deadly California fires, to Boeing aircraft casualties. Paper “persons” cannot be arrested or jailed. Trick #7 for Farming Humans is a private game of money creation which secretly “borrowed” on the credit backing of the public. Chapter 9, page 51. Federal Reserve. Trick #8 for Farming Humans is seen in the removal of the gold backing of US dollars for global trading partners, a second default of the promises behind the dollar. (1971) Chapter 15, page 81 Trick #9 for Farming Humans is being able to sell out the public trust, over and over again. Supreme Court rules that money equals speech. Chapter 16, page 91. Trick #10 for Farming Humans is Clinton repeals Glass Steagall, letting banks gamble America into yet another financial collapse. Chapter 17, page 93. Trick #11 for Farming Humans is when money is allowed to buy politics. Citizens United, super PAC’s can spend unlimited money during campaigns. Chapter 18, page 97. Trick #12 for Farming Humans is the Derivative Revolution. Making it up with lawyers and papers in a continual game of “lets pretend”. Chapter 19, page 105. Trick #13 for Farming Humans is allowing dis-information to infect society. Chapter 20, page 109. Trick #14 for Farming Humans is substitution of an “advisor”, for what investors think is an “adviser”. Confused yet? The clever “vowel movement” adds billions in profits, while farming investors. Trick #15 for Farming Humans is when privately-hired rental-cops are allowed to lawfully regulate an industry, the public gets abused. Investments, SEC, FDA, FAA etc. Chapter 15, page 122 Trick #16 for Farming Humans is the layer of industry “self regulators”, your second army of people paid to “gaslight” the public into thinking they are protected.