Linguistic reframing lets firms profit while denying misleading intent
Evidence
In a cynical innovation, Goldman Sachs secretly bet on the failure of the subprime mortgage bonds they were selling to their unwitting clients. In a linguistic sanitization, Goldman Sachs claimed they did not mislead investors but merely gave them āincomplete informationā (Prins, 2014). ā Albert Bandura, Moral Disengagement, 1495
Categorization
- XREF: āIncomplete informationā is a textbook euphemistic labeling/language sanitization move ā a Bandura disengagement mechanism at the institutional level.
- DEFINE: Shows euphemistic labeling: reframing deception as mere omission.
- corroborated: 2 independent passages support this claim ā Albert Bandura, Moral Disengagement: How People Do Harmā¦, 1495