Saturday, April 12, 2014
3:45 pm
Daniel J. Summers
A friend posted this picture earlier today, and combined with another headline I read, really got me thinking. A good portion of this started out as a comment under that picture, but then I thought “Why should Facebook get these thoughts for free?”
One of the arguments against large corporations is that they are unjust; and, as much as those of us who recognize them as the energy driving the gears of our economy, they have proved by their actions that they need checks and balances to prevent that very thing. The key, of course, is to strike the right balance where growth is not hindered, but abuse is prevented.
Now, consider the pharmaceutical industry. The desire to produce medicines to help people live fuller lives is a good thing, but this picture (and the society it accurately represents) proves that they are no more immune to self-serving actions as the oft-termed “evil” corporations that produce food, consumable goods, technology, etc.
How about higher education? I don't think anyone reading this ever heard, going through high school, “You know, when you finish here, you should go ahead and get a job, and be productive.” No, we all heard “Graduation is just the beginning; you need a 4-year degree before you're really ready! Because it's so important, we'll outright give you some money, and lend you the rest; don't worry, this will be easy to pay off once you're out there making six figures!” Yet, who is benefiting from our current under-30 sea of student loan debt? Colleges and banks, that's who. Meanwhile, students are finding no job market for their degrees. Were they sold a useless product?
The point is that, in each of these cases, the original thought was a good one. This product will make people's lives better. This pill will take away pain. This knowledge will give you a leg up in the world. Then, bit by bit, that germ of an idea grows, until you end up with something large and successful, which leads to an increasingly self-serving outlook. It's the old “when all you have is a hammer, everything looks like a nail” thing in real life.
The key to this is character in those who gain this notoriety. However, we cannot control others. In our fallen state, the one thing we can control is our reaction. Do we really need that product? Have these degrees really lead to higher incomes? Do these drugs' claims make sense? “Buyer beware” is always good advice. If more people took it, maybe the market for the speculative advertising that has launched these areas into such heights would dry up, and they would have to start being more honest about what they can really provide.
One final note - government is no more immune to this than education, medicine, or corporations.
Sunday, October 16, 2011
10:52 pm
Daniel J. Summers
This is the first in a series doing the education that the colleges which the Occupy Wall Street gang (#OWS hereafter, taken from the shortened version of their #OccupyWallStreet Twitter hash tag) failed to impart. I have two in the queue behind this one, but there may be more.
For those living under a rock, a group has been camped out in New York, protesting Wall Street. There was a list of demand published, but many protesters were quick to point out that there was no official list. However, there have been recurring themes. Corporations are greedy. The rich get richer while the poor get poorer. Debt is bad. People aren't hiring them even though they have a college degree. A job is a right.
Dear #OWS, your parents and your colleges have failed you. Before we dig into details of why your demands are unworkable, there are a few big-picture things we need to discuss.
Welcome to the Real World
This is where your parents have failed you. You are the generation who grew up “safer” than ever, protected from terrible things like concrete under your playground equipment, lack of head protection when you rode your bike, having to suffer the indignation of losing your soccer match because they didn't keep score, etc. You are the result of a social experiment gone horribly, horribly wrong, where a bunch of too-smart people decided that the way children were reared for generations had to change. They were going to do it better. They were going to do it more safely. They remembered how bad they felt as children, when they were picked last for sports, or struck out and helped their team lose a game; or how they were made fun of during the awkward stages as they grew from children to adults; or how they never fit in with the “in” clique at school. So, they tried to eliminate all these things. No scorekeeping, and everyone gets a trophy. “Don't say that word!” “Bullying is wrong!”
Where they went wrong is that by their attempts to eliminate bad things, they did not teach you how to deal with these bad things. I'm all for the elimination of bullying, but you can't wish that and make it go away; you should be trained on how to deal with it. In real life, there are winners and losers; there is no “no scorekeeping” option. Everyone does not get a trophy. There are attempts, and there are failures. You have tragically had your opportunities to learn how to deal with this as a child snatched from you. Now, you're behaving as children would normally behave; you're just a lot bigger. You're adults, so you think that your demands aren't childish. Sadly, I'm here to inform you that they are. Railing against the real world is futile; you are not going to change it, at least not much. You would be much better served applying yourself and learning how things work.
A College Degree Is a Tool, Not a Guarantee
Here is one area where your college has failed you. No matter what the admissions adviser told you, a college degree is not a guarantee of a good job. Even in good economic times, a college degree is likely to get you in the door, at an entry-level position. (You understand where the term “entry-level” comes from right? The level you start, when you enter a company?) The people that have been there for 10 years beg to differ with your assertion that you should start out at the level to which they have worked themselves up. And, if your degree ends with “Studies,” you're probably 1/4 as employable as someone with a degree oriented toward something a business would actually need.
The Corporations You Decry Have Made Your Protest Possible
You have utilized the services of several public and private companies. Let's take a look at the evil that's made this protest possible, shall we?
Twitter - Still a private company, Twitter was valued at $10B earlier this year.
Google (GOOG) - You know, the owners of YouTube, the developers of the Android mobile operating system, and the target of your “Google It!” chants? They are a publicly-traded company valued at $57.85B (plus assets, minus liabilities)
Did you drive, or take public transportation, to get to the site of your occupation? Those evil oil companies made that possible.
Now, what you're not going to read in future installments are claims that the “real world” is perfect. There is room for change, and there are people running companies who have no business running them. However, if you want to maintain the lifestyle in America to which you've become accustomed, or improve it, you really don't want to be throwing the baby out with the bath water.
I'm sorry your parents and colleges have failed you. If you stay tuned to this spot, I'll help educate you on why the things you're so worked up about, contrary to what your “I wish communism worked because it's just such a good idea” professors taught you, are actually good for you.
One of the arguments against large corporations is that they are unjust; and, as much as those of us who recognize them as the energy driving the gears of our economy, they have proved by their actions that they need checks and balances to prevent that very thing. The key, of course, is to strike the right balance where growth is not hindered, but abuse is prevented.