gratitudes, trump-maga fever breaking?, people first values,
yesterday i was grateful for lunch with the yoga men and a good meeting at the cemetery...
today i am looking forward to sci-fi reading group...
feeling a little optimistic today... signs that the maga fever... or at least the trump fever... may be breaking... republicans breaking ranks over the epstein files... previously ardent supporters falling out with dear leader... lets hope the beginning of the end has begun... can it happen without bloodshed?... please?...
when laura ingraham breaks ranks...
On Monday, November 11, Fox News Channel personality Laura Ingraham pushed Trump on issues that have cost him support. Although consumers have expressed concern over rising prices, Trump insisted prices are âway down.â Ingraham asked: âAre you saying voters are misperceiving how they feel?â She took on the administrationâs recent call to address housing costs by issuing 50-year mortgages, noting that the proposal âhas enraged your MAGA friends,â who recognize that such a mortgage would benefit banks over buyers and nearly double the time it would take
ted gioia is one of my favorite substack reads... yesterday's was particularly interesting... there are some extraordinary values expressed here...
My Secret Initiation into McKinsey - by Ted Gioia
It took a lot of bravery and conviction to make these statements:
He started by saying that McKinsey was not a business, and we shouldnât think of it as business.
McKinsey was a professional service firm, he insisted, and itâs goal was to serve others. (I was already surprised at this point in his talk, because it sounded like something a priest or spiritual guru would say. And looking at this old man, I could imagine him as head abbot at some austere monastery.)
We always did what was best for others, he continued, not for ourselves. This was the core value of our vocation.
So greed and profit maximization had no role at McKinsey. (I later learned that Bower practiced this with total integrity in his own life. When he retired, his shares in McKinsey were worth a fortune, but he sold them back to the firm at book value. He could have made much more selling them on the stock exchange or to another business, but he wanted McKinsey to retain total independence from outside interests.)
Independence was vital to our vocationâbecause it allowed us to do the right thing. And that wasnât always the most profitable thing for McKinsey. So we could never have outside shareholders, who would demand compromises that ran counter to our values.
We only did work that helped the client, and which we could do at high quality and while maintaining professional standards. Everything else we turned down, no matter how much money was offered.
Integrity was not just one of our values, but was the key to everything. Clients hired us on a basis of trust, and so our ethical standards were the foundation for the firmâs very existence.
the idea that going public gave power to shareholders at the expense of the values of the organization... profit and greed become the motivating forces... what got one to the place of going public quickly forgotten...
i wish the world operated with this kind of integrity more often... and... is there a lesson to be learned about all systems that center greed and profit over values?... is there an economic system that centers good solid human values over profit and greed?... should corporations be reined in?... should we decide they are not people with free speech rights?... could we have a capitalist economy without corporations or with tightly controlled for the public good corporations?... could every corporation be pushed to be a public benefit corporation?... can the rules of corporate governance and management shift in this direction?... can we heavily tax obscene wealth?... i person can dream...