...it means too much to the people who have too much. Take this Obamacare thing. Some people feel that health care coverage is not something to be granted, but something to be earned. No other country agrees, but hey, we're America. We're different and proud of it.
So we have guys like John Schnatter who famously said, effectively, that Papa John's will find ways to cut costs and undo the required coverage they have to provide to their employees so that their shareholders don't take a cut in shareholder value.
Shareholders. Therein lies the problem.
Pick a public company, and I would be REALLY surprised if at least 90% of the ones you pick don't sacrifice quality, customer service, or employee benefits for shareholder value. Of course their executives won't say this. But talk to the people doing the work. On the front lines. The ones who KNOW. Doesn't matter the industry - hospitals, health care providers, fast food restaurants. This is who we are as a country - we reward corporations for trimming costs, increasing profit share, and continually growing revenue. And it's not sustainable.
So what happens when the government says "Hey, make sure you contribute to the greater good"? They go apeshit, for several reasons:
- They hate ANYONE telling them what to do. Don't believe me? Get yourself a middle management job in a corporation and try suggesting to any c-level exec (CEO, COO, CIO) what to do. You won't get a reaction, much less approval. Probably will get fired.
- They hate having to focus on ANYTHING other than shareholder value. It's so much easier to just cut costs, add some bullshit new product or product changes, and then market the hell out of it as a MUST HAVE. Caring for employees? Like, actually spending money for working conditions, health care, or minimum wage? Fuck that
- They hate thinking that they might have to take a pay cut.
Money means too much to them. That John Schnatter guy? Who's so worried about Shareholder Value? He lives here:
Take a good look at it. I'm not saying people don't deserve the spoils of their hard work, but why are people like this guy thinking that they can't live off of, say, $200 Million dollars instead of the $600 million he's currently worth? Why does ANYONE need a house like this? I live in a nice house. I love my house. My kids love my house. It's nowhere NEAR this big. Not even close. Give me $200 million dollars and I'm not moving, just eliminating my mortgage.
Money means too much to them. Every penny. Do people like Schnatter give to charity? Sure, and that's their argument - they get paid what the market says they should and we should leave it up to them to contribute to society. Maybe so, but until they start living like Warren Buffet, I ain't buyin' it.
Warren Buffet, for those who don't know, is worth $63Billion dollars. What does he do with his money? Well, for starters, he lives here:
He doesn't own that neighborhood. He's lived here since 1958. He's practically begged the government to tax him at a higher rate. He's lobbied hard for health care reform and higher minimum wages. You could take $60B of his money away, and he's still be a billionaire, but:
Money doesn't mean that much to him.
So the solution is...
...figure out what money means to you, and make it less so. Would you rather be well paid living a crappy life in a small 4x6 cubicle, or making minimum wage doing something you love every day? Do you really need everything the marketing folks tell you do? Will that car really attract women? Do men really love you in Prada as opposed to Goodwill? Would you be happier running a company with no social life or fixing motorcycles at your uncle's garage? If you're willing to live in an apartment, manage your bills (i.e. stay out of debt) and work extra hours (which you would because it's what you love), you can have everything you want.
Think about it. What does the love for money get you? Not the money itself, that's obvious - we all need it for food, shelter, clothing. But what does the LOVE for money get you? Success? Fame? Happiness? Love? No. It may get you more money. But without a life, that's not a lot.

