Wednesday, October 20, 2010

Money, Greed, Materialism, Capitalism

The other day I ran into someone I used to know a long time ago (he said something about it being 20 years). I'll call him N.

This guy is maybe the gentlest soul I know. And he doesn't "got" anything. N. doesn't own a computer, he told me, and I wasn't really surprised. Either he's poor or he's an apostle of the simple life. Maybe both.

How much in contrast with the avarice and acquisitiveness that's prevalent in our society. And those who've got the most (money, possessions, whatever)—how did they get where they are?

Look at British society. Who are their landed gentry? How did they get to be what they are, with their estates and very large houses? Often, by being more rapacious than their fellow man. Chances are, they were on the winning side of some battle and their winning side seized whatever they could: land, livestock, etc.

And in America? I think we're starting to see more clearly that there's a lot of greed in America. For the sake of their personal financial gains, some aggressive, hungry young bucks on "Wall Street" engaged in one or another type of chicanery—and imperiled the entire U.S.-–no, the world—financial order.

Large corporations often focus on their "bottom line" to the degree that they deceive the public, the consumer, maybe withholding information on the dangers of the drugs, toys, baby accessories that they make and sell.

I used to say that "business ethics" was an oxymoron. Well, I no longer would say that every nook and corner of the business world is immoral or amoral. Businesses have now and then been good guys. In particular, I've gained more respect for small business. The typical small business owner works very hard and takes risks—to make a success with selling his ice cream or soup or cupcakes.

And, some people have had a good idea. The right idea at the right time and place, or some useful invention. These people deserve the success that they achieve.

However, look at this: How many big business tycoons have started foundations? From earlier times, there's the Ford Foundation, the Carnegie Foundation. Now we have the Bill and Melinda Gates Foundation, etc. These foundations have enormous sums of money to give away. Also, many wealthy families and individuals give away money and in return get their names on auditoriums, libraries, and so forth--and get more gratitude heaped on them than just bronze plaques.

All the money that these companies and individuals and foundations have—where did it ultimately come from? From you and me, from our pockets. Now, a really revolutionary idea: How about these guys charge less for their products? Let them make less money, let you and me keep more of our money. Rather than Bill Gates having obscene billions of dollars to give away, maybe you and I could have kept some of that money, and then we could decide where it should go.

Copyright © 2010 by Richard Stein

1 comment:

  1. Speaking of British society, I was just watching international news last night about the issue pending in British Parliament to push up the retirement age for workers in Britain. This sort of thing as we all know is also news and a political hot potato in France, Greece, here and slsewhere. Anyone who recalls "The sun never sets on the British Empire" would know of British interests, her history of conquest, and seeds of Industrial Revolution rigors and worker woes. It is interesting that after so many years some things very much remain the same in that the rich get richer and the poor poorer. Survival of the fittest in the business world has boiled down to dog eat dog and out of desperation to survive much less compete in a global business age many small businesses have cropped up as meager services so as to give us a reemergence of cottage industries. Fortunately there is still such a thing as charity in an age where there has never been such a stark contrast between wealth and poverty however despite the good intentions of some I fear more desperate times and desperate measures if the working poor are allowed to decline through desperation.

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