Wrong-headed Decisions

In regard to the health and well-being of society, most decisions made by those in both politics and business are wrong-headed (self-serving) decisions. A narrow focus of attention can’t help but to lead to far too many unintended consequences!

Examples are everywhere and emerge almost daily—in regard to healthcare, climate crisis, education, economy, etc.  Let’s look at just one: the current rise in consumer prices (a.k.a. inflation). Evidence shows that the vast majority of large corporations—those providing products and services to people in society—are realizing remarkable increased profit while at the same time consumers are finding meeting basic needs is costing more. Application of a little logic leads one to conclude that the large gains in profit are the result of increased prices.  Moreover, as Dean Baker’s analysis shows, with a declining wage share of corporate income inflation can’t logically be influenced by wage growth. 

Corporations are profit maximizing entities—the intent of business—and thus it is the primary reason why corporations increase the price of their products and services.  You can rest assured, that the business-minded understand this relationship between prices and profit quite well!  

So what has the political class decided to do in the face of this inflation?  Raise interest rates.  Why? It gives the impression of doing something without (actually) doing anything to address the problem. It is a decision that preserves profit making for corporations while intensifying the negative impact of higher prices on the public. Let’s not forget that price is not automatically/mysteriously set by some dynamic in the ether, but rather by people in the corporations—that is, the corporate decision-makers.

Accordingly, the malarkey unquestioned by the press and offered to the general public is that the reason there is inflation is that demand is too high and so there is a need to place downward pressure on demand.  So who winds up paying for this price hiking profit maximizing scheme (a.k.a. profiteering)?  The consuming public, who repeatedly pays—first for having basic needs (like the demand for food, shelter/housing, transportation to get to work, etc.) and in turn for continuing in seeking to satisfy these basic needs.

Moreover, there is little indication that the cost to consumers informs decisions and that the health and well-being of society is a concern. There is absolutely no evidence supporting the notion that these decision-makers are thinking critically; since doing so would necessarily mean that they’ve considered and assessed a wide range of perspectives.  But to the contrary, in essence, the decision-makers are saying to the general public, it sucks to be you!

What are we to do?  

There are two options:
1) Change minds of the decision-makers
2) Change the decision-makers

The first option is to provide the learning experiences that would change the thinking, knowledge, understanding and values held in the minds of the decision-makers. This of course will only be effective if the mind of the decision-maker is open to learning things that challenge, if not run counter to, the beliefs they’ve long held.  How do you change the mind of someone whose career success depends on no such change happening?

The second option is to replace the decision-makers with decision-makers who are of a different mind. That is, replace a mechanistic material-based minded person with a living system people-caring minded person. Unfortunately, there are so few of these both critical and systems thinking people.  Moreover,  those of such a mind likely have very little interest in business school and/or have a slim chance of rising in the hierarchy—perhaps this is why there are so few people of such minds in business, or politics for that matter.  

Correspondingly, in America’s two-party political system, wherein each party is beholden to their very own group of oligarchs, realizing such a replacement among the political class is very near impossible.  Why is it that a politician espousing business needs is applauded while a politician supporting people’s needs is disparaged and scoffed at?  

I repeat: A narrow focus of attention can’t help but to lead to far too many unintended consequences!

If only people understood!So, what might be a third option?  Could it be that we, the people, need to learn, to think critically?  

When Profit & Power Matter Most

The lack of action, on the part of adherents of capitalism (in its many versions), in the face of today’s life-threatening situations (climate change, COVID-19, nuclear proliferation) parallels a Jack Benny comedy bit between a street robber and Jack Benny, which went something like this:


Street Robber: “don’t make a move, this is a stick-up!”

Jack Benny:  “what?”

Street Robber: “you heard me!”

Jack Benny: “mister, put down that gun!”

Street Robber: “shut up, now come on…your money or your life!”

Jack Benny:  there is an extended period of silence

Street Robber: “look boss, I said your money or your life!”

Jack Benny: (slight pause) ”I’m thinking it over!”

Think this is a stretch?  Think again!

Facing the impending doom with (our) time running out, no meaningful significant change has taken place on climate change.

COVID-19 vaccines have not been universally produced and distributed to all to stop the spread and emergence of mutations.

Nations are not cooperating and collaborating to dissolve our common problems, but rather competing and showing/exercising (their) muscle over others toward gaining more wealth and power.

Yup, the adherents of capitalism are thinking it over, as they double-down.  

Could it be that capitalism has captured us all?

Sustainability, But of What

Sustainability is something we often read and hear about, especially lately.  More to the point, many are concerned about, if not interested in acting to reduce and/or remove the factors that diminish the sustainability of a healthful environment.  If you aren’t among the concerned many, then likely you are among the willfully blind or willfully ignorant. Continue reading

Presence of Fear Requires Courage

Fear is an emotion, a type of energy we all have available to us to help protect us against threats and danger. Thus the emotion of fear can be quite useful, unless of course it is the only or predominate energy that animates us. A fearful person—one largely motivated by it—will likely see danger and threats to him/her self everywhere and in most every other person. Moreover, when every other person is a potential threat to ones’ success toward fulfilling one’s goal in life, then fear of others—especially those not like oneself—inevitably emerges. Continue reading

Potential Psychopaths Us All

In the article Three Things to Know to Hold Wells Fargo Accountable the author Lynn Parramore (Senior Research Analyst at Institute of New Economic Thinking) relays what William Lazonick (Professor of Economics, University of Massachusetts Lowell) identified as the three things we need to know: 1) American businesses have become stock manipulation machines; 2) focusing on short-term stock prices leads to corruption; and 3) punishment means little until executive pay is understood. The first essentially speaks to the profit maximizing intent of business and its executives and the second to the importance of it happening now if not sooner while the third is that the entire scheme is ultimately profitable because of the enormous size of the gains. So now that we know these things, what are we to do about it? Continue reading

A Drowning Class and the Invisible Hand

Whether as a symptom of or as a commentary about the state of affairs of the U.S. economy we hear many (pundits especially) say the middle class is declining… if not disappearing. A growing number of people the state of affairs is quite stormy as they are finding it harder and harder to stay above water, yet for a select few who are smoothly sailing along it has never been better. Continue reading

A Theory for Leadership for a Human World

Leadership, according to Peter Northouse (2010, p 3), is a process whereby an individual influences a group of individuals to achieve a common goal. So then is evidence of leadership the achievement of a goal by a group? Does the goal matter? Do the means matter? Continue reading

Leadership Untainted

When most people talk of leadership what they are really speaking to is the highest levels in the management hierarchy. They are talking about the legitimate authority positions in an organization. They speak of leadership as if it was a noun, a name we attribute to a person or position. Continue reading

In The Larger Scheme of Things

What happens when the larger-scheme-of-things is ignored and denied out of existence? Continue reading

Roll The Dice or Cause a Game Change

The worldview underlying the capitalist system requires a way-of-being-in-the-world that has us believing that we each are independent competing entities each destined to pursue as much material gain as one can in our individual lifetime—the measure of life is the material gains accumulated. Accordingly we are led to think of our self and each other as separate independent entities, each seeking his/her own gain—there is no ‘We’ just a bunch of ‘Me’s’ consumed by getting and spending. Accordingly we seek dominance and control over everything out there in order to exploit them in service to the satisfaction of our immediate wants. It is all in the name and game of material self-interest gain and wealth accumulation. According to this worldview the only significant value is material value. Consequently, when value means material value, it is no wonder the reality we’ve created is one of strife, chaos and suffering. Continue reading