J.R.’s Zaphne Blog News for 01-30-2018

Socialism Makes People Selfish

Forget compassionate capitalism, just some fairness will do

Saving Capitalism by Robert Reich could have ended up being the usual rant against the excesses of capitalism and capitalists. Osvald Bjelland founded and runs Xynteo, an Oslo-based consulting firm that advises companies on how doing good for society can be good for their bottom lines as well. As a serial entrepreneur who sold an earlier start-up to Citibank, it does sound strange for him to be critical of the capitalist system. Finally, over the weekend, N.R. Narayana Murthy, co-founder of Infosys, one of India’s most influential entrepreneurs and a poster boy for how capitalism can spawn a thousand millionaires, led some of the company’s founders in abstaining from voting in favour of a board proposal to hike the salary of the company’s chief operating officer U.B. Pravin Rao by 35% to Rs12.5 crore. Murthy later clarified that the decision stemmed from their belief in compassionate capitalism and his remarks may well serve as a caution for companies not just in India but beyond as well: “I have always felt that every senior management person of an Indian corporation has to show self-restraint in his or her compensation and perquisites. This is necessary if we have to make compassionate capitalism acceptable to a majority of Indians who are poor. Without compassionate capitalism, this country cannot create jobs and solve the problem of poverty.” Reich is even more critical of the system that served the US and most of Western society for well over a century. “The threat to capitalism is no longer communism or fascism but a steady undermining of the trust modern societies need for growth and stability,” he writes. Before the current round of hand-wringing against capitalism took wing, the system did deliver incredible growth to all those countries that adopted Adam Smith’s laissez faire doctrine. In a country like India where for centuries, two meals a day was the ambition of millions, today people demand a share of the wealth they are helping create for the companies they work in. Now as more and more of those who may have been its biggest beneficiaries declare that it is broken, the need to fix it, is acquiring urgency. Perhaps it is too much to expect compassion from a system that is inherently Darwinian. We will settle for a fairer and more just arrangement.

Keywords: [“Capitalism”,”system”,”companies”]
Source: http://www.livemint.com/Opinion/K6RVjtcr1QX0DAQFvJZg6O/Forget-compassionate-capitalism-just-some-fairness-will-do.html

Can compassionate capitalists really win?

Raj Sisodia, head of the Conscious Capitalism Institute, believes companies that focus on the bottom line, instead of on employees’ needs, will fall behind. After years of layoffs, cutbacks, and closures in the corporate sector, it’s hard to imagine that any competitive American company really puts the needs of its employees before its profits. Born in India, Sisodia was educated there and at Columbia University in New York, where he received his PhD, and he’s currently professor of marketing at Bentley University in Waltham, Mass. In May, Bentley will host the third annual international conference sponsored by the Conscious Capitalism Institute, of which Sisodia is chairman and co-founder. Conscious Capitalism is defined by four characteristics. The third element is conscious leadership, which is driven by purpose and by service to people, and not by power or by personal enrichment. The fourth is a conscious culture, which really embodies all of these elements: trust, caring, compassion, and authenticity. Those two CEOs said first of all, “We are not going to lay off anybody. That’s number one. Second, we are going to protect the weakest within the system, which are the part-time workers. They will not be asked to take any kind of pay cut, any kind of benefit deduction, or even reduction in their hours, because they are the most vulnerable in the system. And then all the salaried people will take an across-the-board pay freeze, or even a pay reduction.” The sacrifice was shared equally between the people who could most afford to do it, and the weakest were protected. It’s not a drastic choice anymore between Communism and capitalism; everybody believes in free markets and free people. The question is how do we refine it? How do we create the best possible kind of free markets and free people? Beyond that, the median age crossed 40 for the first time in 1989. If you look at what happens to people as they age, mid-life and beyond, it’s not so much about, “How much can I accumulate?” and “What’s in it for me?” They start asking questions about meaning and purpose and legacy. If you go back 150 years, slavery was acceptable to most people. People are migrating, when they have a choice, to businesses that do offer meaning and purpose and a positive impact all around.

Keywords: [“people”,”Capitalism”,”Conscious”]
Source: http://fortune.com/2011/03/30/can-compassionate-capitalists-really-win/

David Meltzer Bio

With expertise across many industry verticals, he is uniquely positioned as a world-renowned thought leader, business strategist and leading humanitarian. Dave has created a platform that allows him to communicate with everyone from college students to c-suite executives by using his principles for business and life: gratitude, empathy, accountability, and effective communication. Utilizing these four principles every day allows Dave to live by his mission, “Make a lot of money, help a lot of people, and have a lot of fun.” Prominent Sports ExecutiveDave is currently the Chief Executive Officer at Sports 1 Marketing, a firm he co-founded with Hall of Fame Quarterback Warren Moon. His mission is implemented into each of the firm’s business services, which include, endorsement deals, sponsorship and gifting, business consulting, corporate equity ownership, transitional services, brand endorsements and licensing, athlete and celebrity alignment, among others. Sports 1 Marketing is currently involved with several sports and entertainment projects such as NFL Player’s Association, Pro Football Hall of Fame, Super Bowl, Athlete Network, Shmoop, The Master’s, Spartan Races, Internships.com, and countless others. He launched his career in sports at the world’s most notable sports agency, Leigh Steinberg Sports & Entertainment, serving positions as CEO, where along with Leigh and Warren, negotiated over $2 billion in sports and entertainment contracts. Keynote SpeakerBeing on stage has always been an easy platform for Dave to share his charisma, inspiration, and intelligence in front of a crowd of any size. A combination of Dave’s situational knowledge from his career and life journey has led to Dave as a keynote in front of Fortune 500 companies, top business conferences, prestigious universities, and sports seminars. He has a dynamic range of topics from; principles to success, sports technology, sports business, leadership, empowerment, negotiations, sales training, team development, marketing, and countless others. HumanitarianEvery business project that Dave works with requires having a charitable component or partner; which helps Dave continue to live by his mission. Recently, he was recognized for his efforts and honored at Variety’s Unite4:Humanity event as the Sports Humanitarian of the year.

Keywords: [“Sports”,”business”,”Dave”]
Source: http://www.davemeltzer.com/david-meltzer-bio/

JR Test Site News for 01-21-2018

The Opinions of Lee Malatesta: Kant and Marx on Enlightenment

Immanuel Kant defined The Enlightenment as the overcoming of self-imposed immaturity. In many ways this view of Enlightenment met its end in the thinking of Karl Marx who posited that the lack of maturity in society was the direct consequence of the material forces in any given mode of production whereby at least one social class must exploit one or more other social classes for its existence. In the Marxian view, the real Enlightenment will be the product of an eventual communist revolution and what Kant views as freedom is merely an illusion. While Marx appears to offer a stronger argument, his view of Enlightenment is rather vague on what is certainly one of the most important questions of philosophy, “what does it mean to be a human being?”. Kant explicitly stated that this freedom deals with one’s public life and not one’s private life. In these types of roles Kant argued that one ought not to have the freedom to critically use reason because one is representing someone else. Kant does not believe that this restriction of intellectual freedom should extend to the public sphere where every individual is a human being with the right to critically use reason. The most important of these to Kant is the change in principles of governance whereby governments begin to respect the political rights of all especially with regard to personal autonomy and the freedom of individuals to pursue the application of reason. Where Kant viewed political freedoms as the eventual end of the Enlightenment, Marx saw these same political freedoms as symptomatic of the lack of true freedoms. In Marx’s view, the process of Enlightenment which Kant speaks of comes about as the consequence of a specific mode of production under which the owners of the means of production exploit those they hire as laborers in order to extract profit. The illusion of political freedoms, Marx argues, fools the proletariat into thinking that they are free when in fact they are not. Marx desires not political freedom as the result of Enlightenment but actual freedom as the result of an actual revolution. Marx, the strict materialist, holds that material freedom rather than ideological freedom is the only true freedom. Industrial capitalism, Marx argues, is the material basis of Christianity and even if Christianity is destroyed, the material basis will remain and something very much like Christianity will simply take Christianity’s place in the superstructure built on top of the economic base of industrial capitalism. The US, Marx asserts, is an atheistic and democratic state based on fundamental political freedoms.

Keywords: [“freedom”,”Marx”,”Kant”]
Source: http://doxos.blogspot.com/2007/05/kant-and-marx-on-enlightenment.html

Conscious Capitalism Companies

Conscious Capitalism is the reorientation of business focused solely on the pursuit of profits to one focused on integrity, higher standards, and serving all stakeholders, employees, suppliers, customers, investors, the community, and the world at large. Conscious Capitalism embodies the pursuit of a higher purpose to help people, planet and profits. To assist your personal evolution start a conscious business or work for a conscious business. Obviously, be a conscious consumer by knowing the difference between green washing BS and the following conscious capitalism companies. After a year of service each employee is given a fully loaded cruiser bike. It’s a “Community of people working together to create value for other people, their customers, employees, investors and the greater society.” From employee benefits to wind energy to health initiatives, Whole Foods Market puts more conscious capitalism into action than most Fortune 500s combined. John Mackey, Co-Chief Executive Officer of Whole Foods, is the also the founder and thought leader behind Conscious Capitalism Inc. “Fun – They were recognized in the Guinness Book of World Records for the most wheels of parmigiano reggiano ever cracked at the same time.” It’s true. Employees get 40 hours of paid time off per year to volunteer for service. During Timberland’s annual “Serv-a-palooza” day 5,300 employees, vendors and volunteers devote their day to non-profits around the world. The Container Store believes “Putting employees first is a profit strategy.” Employees are the #1 stakeholder and are paid 50%-100% above the industry average. Kip Tindell, CEO of the Container Store, says employees “Are told everything” and receive about 240 hours of training compared to the industry average of seven hours. Fun – Employees at the Container Store use the huddle, as it’s officially called, twice a week for 10 minutes, before or after the start of business, for everything from discussing operations to getting fired up about sales. Atlast Copco has a model for conscious capitalism called “Sustainable Productivity.” It’s more than “Being green” and most succinctly described in their philosophy that “There is always a better way.” Some examples of Sustainable Productivity in action are a focus on growing female leadership, reducing carbon footprints and projects for clean water and HIV awareness. I could tell you a bunch of great ways they put conscious capitalism into action, but it all boils down to one thing. I’d love to hear about more Conscious Capitalism Companies.

Keywords: [“Conscious”,”employee”,”Capitalism”]
Source: http://www.octavius.com/conscious-capitalism-companies