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 * * * * * * * * * * * * * * * Copyright 2014 Albert D. McCallum
Considering the issues of our times. (ADM does not select or endorse the sites reached through "Next Blog.")
Thursday, October 30, 2014
Who Is Greedy?
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