[lit-ideas] Re: FW: Corporate Welfare

  • From: John McCreery <mccreery@xxxxxxx>
  • To: lit-ideas@xxxxxxxxxxxxx
  • Date: Wed, 14 Sep 2005 16:04:04 +0900


On 2005/09/14, at 14:43, Mike Geary wrote:

"Do you really think that anything matters in America besides money? Like, maybe -- what?"

Matters to whom? For what purpose? Judging from the content of mass and other media, food, fashion, family, relationships, sport, travel, music, celebrities, cars.... all sorts of things, at least to some of the people some of the time. If money were all that mattered, choices would all come down to price and us fellows who work in advertising would all be out of business.


I direct your attention to Amartya Sen, who in (I believe) _Inequality Reexamined_ observes that all discussions of fairness assume equality on some dimension. Where they differ is in the dimensions they choose to prioritize. Sen goes on to argue that contemporary political and economic debate revolve around two models of fairness, one in which equality is measured in dollars (or any other legal tender of your choice), the other in which equality is measured in human beings.

The first supplies the logic of corporate shareholding; if I own more shares, worth more dollars, it is fair for me to have a bigger say than you who owns fewer shares, is worth fewer dollars, and thus has less say.

The second supplies the logic of democratic elections; the rule is one voter, one vote. (There are, of course, issues concerning who is allowed to vote. Please bracket these for the sake of the broader argument.)

As Sen sees it, we are caught up in a global debate over which of these models should be given priority or, if taken to the extreme, exclude the other. When those like yourself who ask, "Do you really think that anything matters....besides money?" The answer is, of course. There is a tacit assumption that fairness model 1 (the dollar model) has become so dominant that fairness model 2 (the human model) is irrelevant, as are any competing models (doing God's will, living one's dharma, that sort of thing). But if that were truly so, the sorts of debates in which we continually find ourselves embroiled would, long since, have come to an end.

They haven't. QED.







John L. McCreery
The Word Works, Ltd.
55-13-202 Miyagaya, Nishi-ku
Yokohama, Japan 220-0006

Tel 81-45-314-9324
Email jlm@xxxxxxxxxxxx

"Making Symbols is Our Business"


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