FFM: Compassionate Conservative
I am a Republican who has taken a sabbatical until my party gets back to being what George Bush called a compassionate conservative. This is one who believes in free enterprise, competition and having a strong government to control free markets. These conservatives also recognize there are some objectives of society that are better overseen by government rather than the private sector. My Republican party recognizes free markets purpose is to help meet the needs of society. Society is not here to meet the needs of free markets.
Government has the responsibility of being a fair referee ensuring our markets are indeed free and not controlled by a few entities depriving society of the wonders of competition. Many conservatives today forgot what Milton and Rose Friedman in their book, Capitalism and Freedom, said of the role of government in a free society. These functions are generally those providing benefits to society as a whole including defense, basic research and development, preservation and optimal utilization of our natural resources including its people, education, care for the poor and needy, building and maintaining the countries infrastructure and of course the protection of free markets from corruption and unscrupulous behavior. Sometimes both parties lose their way and presently it is my party, the Republican Party, that has gotten too far off track and needs to take corrective action. The Democrats have also made blunders including their handling of health care reform.
We needed health care reform but it went too far and the Democrats, and the country, are now paying the price of not allowing sufficient Republican input into the passage of the bill.
Op-Ed: Capitalism and spirituality, part two – The Stanford Daily
Sadhguru has a huge following in India and internationally. This language, with Sadhguru’s brilliance and humor, has made him an appealing guru around Silicon Valley. Four years ago I attended another public conversation with Sadhguru at Stanford. Having gotten a glimpse of his economic and social ideas at that time, I wasn’t surprised to hear that he is now teaming up with a leader in the private equity world to talk about the compatibility of capitalism and spirituality. Sadhguru presented what struck me as a troubling version of trickle-down spiritual economics.
Sadhguru proposed that he would spiritually transform the billionaires, and they would solve the problems of inequality and suffering among those who are economically below them. I am sure that when Sadhguru teaches meditation, pranayama and yoga asanas along with inspiring wisdom and delightful humor, to millionaires, billionaires and rising tech workers and entrepreneurs, they will feel better about themselves and become more effective at what they do. Perhaps corporate leaders will buy more massage chairs and other instruments of well-being for their employees; perhaps they will make more donations to good causes. The 2000 leading Indians, or the 85 billionaires, will for the most part resist, threaten, lie to and attack them. Another disturbing aspect of Sadhguru’s talk was his allusion to transformation in India.
Modi has positioned himself as the promoter of business and economic growth and as the strong leader India needs. Googling Sadhguru + Modi will bring up videos of Sadhguru meeting with or speaking highly of Modi.
Integral to Compassionate Capitalism
Every CEO & Angel Investor needs to hear the insights Karen and Jim will discuss on this segment of the Compassionate Capitalist Radio Podcast. All of that is described in the book and Jim shares tactical and strategic plans for CEOs in his book, Igniting Purpose Driven Leadership, that can lead to sustainable and profitable growth by figuring out how to shift your team to abundance by unleashing their creativity. This is important for investors to understand as well because if the team is too focused on just one innovation, they risk stagnation a few years in to the project and hitting a plateau that will limit their ability to produce the return on investment you expect. About Jim Nevada: Jim is the CEO of the Nevada Group, which helps executives create a purpose-driven culture that attracts and keeps top talent, so they can experience rapid growth and higher profitability. Jim has extensive executive experience, including 20 years as Chief Financial Officer of publicly-traded and privately-held professional service firms, and served as President in one of the largest firms in the sector.
He also has many years of experience in M&A, having worked on numerous transactions, including some of the largest deals in the sector. About Karen Rands: Karen has been working with entrepreneurs on growth and expansion strategies and access to capital for over 15 years. She has been active in the Angel Investor and Venture Capital community for over 10 years. Her best selling book, Inside Secrets to Angel Investing, is the foundation for the Compassionate Capitalist Movement.
10 Different Types of Libertarianism
The popular sci-fi novel Jennifer Government describes a system that is very close to anarcho-capitalist. Civil libertarians believe that the government should not pass laws that restrict, oppress, or selectively fail to protect people in their day-to-day lives. Civil libertarians may or may not also be fiscal libertarians. Classical liberals agree with the words of the Declaration of Independence: That all people have basic human rights, and that the sole legitimate function of government is to protect those rights. Fiscal libertarians believe in free trade, low taxes, and minimal corporate regulation.
Most traditional Republicans are moderate fiscal libertarians. Geolibertarians are fiscal libertarians who believe that land can never be owned, but may be rented. Libertarian socialists agree with anarcho-capitalists that government is a monopoly and should be abolished, but they believe that nations should be ruled instead by work-share cooperatives or labor unions instead of corporations. The philosopher Noam Chomsky is the best known American libertarian socialist. Like anarcho-capitalists and libertarian socialists, minarchists believe that most functions currently served by the government should be served by smaller, non-government groups.
At the same time they believe that a government is still needed to serve a few collective needs, such as military defense. Neolibertarians are fiscal libertarians who support a strong military and believe that the U.S. government should use that military to overthrow dangerous and oppressive regimes.