Thursday, October 30, 2014

Who Is Greedy?

Column for week of October 20, 2014

     Many people claim rampant greed causes all our
problems.  Greedy people ruthlessly exploit everyone in sight. 
Before dissecting this theory we should consider, Who is
greedy?

     Consider a multiple choice question.  Several
individuals each have a candy bar.  Abner gives the candy bar
to a poor person.   Beth puts her candy bar away to eat it
another day.  Chuck destroys his candy bar.  Debbie trades her
candy bar for an apple.  Erwin eats his candy bar while beating
off hungry people.  Now, rank the five based on who was the
greediest.

     Why did each choose to act in a different way?  Abner
believed he would gain more satisfaction from giving the candy
bar away than from putting it to any other use.  Beth believed
that she could gain the most satisfaction by putting the candy
bar to some use later.  Chuck hated candy bars and believed
they were bad for people.  He gained the most satisfaction
from destroying the candy.  Debbie believed the apple would
bring more satisfaction than the candy bar.  Erwin believed that
protecting and eating the candy would bring him the most
satisfaction.

     Each individual acted in the way expected to maximize
his personal satisfaction.  Each had a different opinion about
what was satisfying.  Some, or all, may not have gained the
satisfaction they expected.  That was irrelevant when choosing. 
We always act based on what we expect rather than what we
eventually get.  That is the only way we can choose.  We have
no way of knowing how the future will play out.

     Some choices were most likely more beneficial to third
parties than were others.  Still, the chooser made his choice
based on what was best for the satisfaction of the chooser. 
Part of the motivation for the choices we make is the
satisfaction we gain from the satisfaction of others.

     All of the choosers were equally greedy.  Each sought
to maximize his own self interest.  Those who gain satisfaction
from the satisfaction of others are more likely to make choices
that increase the satisfaction of others.  Their real motivation is
maximizing self satisfaction.  When it comes to our most basic
pursuit, satisfaction, we are all 100 percent greedy.  No one
ever considers his choices and then deliberately picks one that
he believes won't be the most satisfying.

     Blaming problems on greed is a dead end street.  If
greed is the basic problem there aren't any solutions.  We can't
eliminate or reduce human greed.  We are hard wired to pursue
our own self interest.  The Declaration of Independence
recognized this when it identified "life, liberty and the pursuit
of happiness" as our core rights.  Without life there is no
satisfaction.  Each individual knows best what makes him
happy or satisfied.  For individuals to pursue happiness, each
must have the liberty to choose.

     Tangible things and activities aren't anyone's ultimate
goals.  We don't seek automobiles and ski weekends for the
sake of the thing or the action.  Individuals seek them for the
satisfaction they expect to gain.

     There are only two ways to influence the choices of
others.  One is to physically interfere with some of the choices
so as to make them difficult or impossible.  The government
tried to do this when it banned the manufacture of incandescent
light bulbs.  The goal was to make it impossible for individuals
to choose incandescent bulbs.  Government's ban on marijuana
is another attempt to prevent individuals from choosing what
they believe will be the most satisfying.

 Bans and mandates are achievable only by totally
destroying the option, or by commanding "Do it my way, or I
will hurt you."  (Please note that  attempted bans usually fail
miserably while yielding all sorts of unintended
consequences.)

     Short of resorts to force and violence there is only one
way to influence the choices of others.  We must influence the
individual's views about what is satisfying.

     The next 12 columns will consider the journey to
satisfaction.

aldmccallum@gmail.com
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Copyright 2014
Albert D. McCallum

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