Change the World!
Saturday, August 29, 2015
Another Weekend Thought...
"Together, everyone wins!"
Re-Capitalism is undertaking the task to make this a reality.
Tuesday, August 25, 2015
It's Even in the News...
Discovery, Chipotle, CVS top list of highest CEO-to-worker pay ratios
And not to demonize these companies, but it's a reality of today's corporate world. And is this really the direction that we want to be headed as a society? Again, not promoting legislative change, rather an examination of internal fortitude.
A Note on Income Inequality
I'd like to begin by stating that there is nothing wrong with obtaining wealth and being successful. Financial reward is part of the beauty of capitalism, and when innovative individuals and businesses create better and more efficient products, services, and processes, this should absolutely be rewarded.
As a civilized society with means in addition to moral and ethical values, we have collectively decided that there is a limit to how unsuccessful someone can be. This is where the social safety net comes into play in many cases. Again, there is nothing wrong with helping one another to try to reach a minimum standard of living; in fact, it's quite a noble endeavor. And we may not be able to reach everybody in striving for that minimum standard, as I am always acutely aware when I stroll through downtown Long Beach.
Yet, if that moral and ethical imperative didn't exist, capitalism, for better or worse, would take on a Darwinian effect of removing the most unsuccessful from society. These people would not be able to afford or obtain such basic necessities as food or healthcare and be removed from society's equation. Again, not that our current model perfectly avoids this fate in all instances, but we try through social programs, outreach services, and in our general internal moral imperative to help those in need.
That Darwinian effect would exact a devastating human toll, one that I think we can agree is unacceptable. But hypothetically, if implemented, would lead to far less wealth inequality than currently exists. Those with the means of production would be more reliant on their workforce to succeed and survive in this model, therefore reducing that infamous CEO-to-workforce pay ratio. Herd mentality is strong, and in a world of survival of only the most fit, that segment would naturally band together in each area of the economy to increase odds of survival.
Out current model bounds the low end of subsistence, yet provides no reigns or incentive of human reinvestment on the upper end of success. With consciences clean of metaphorically leaving anyone to fend against the wolves (or so we may convince ourselves), it's no wonder that income inequality is an issue that is only gaining momentum.
So how do we address and reverse this trend within the constraints of our current model, and not legislate the change, which would be politically unpalatable? Stay tuned....
Monday, August 24, 2015
Today's Soul-less Corporate Environment
Saturday, August 22, 2015
Weekend Thought...
"Re-Capitalism: Exclusively Inclusive."
Discuss.