Mar 27

by Miriam Garvi

Today’s recession is bringing back the rhetoric of greed to the forefront, both among politicians and journalists, as a way of condemning practices now deemed excessive by the electorate, whilst keeping such practices at a comfortable distance from those who have long been in the position to influence the way we view the world and our own role within it.

It has long been held that greed, or self-interest as philosophers and economists endorsing this position would prefer to call it, is the supreme driving force behind enterprising, growth and development, and as such, the very motor of society.

But for those less fortunate who are now paying the price for enacted self-interest, as they find themselves laid off from businesses where top executives are cashing in additional bonuses, or left with mortgage loans that they have no means to service, this economic as well as moral rationale of a self-focused society is a far cry from the reality they are living.

Yet in the spirit of Ayn Rand, defenders of this rationale would argue that we owe nothing to the weak, who have only to opt to overcome their weakness by way of reason.

It is interesting how quickly societal thinking turns elitist when we who are doing the thinking are part of the fortunate few. The idea of «natural selection» and of the survival of the fittest is flattering indeed as long as we are the ones surviving. And if the purpose of it all is to be the last man standing, having beaten all contestants in the short-term, profit-making chicken race, then success is becoming rather void of meaning.

It is high time we wake up and see things as they really are, not as the dominant rhetoric, or the dominant logic, would want us to believe things to be. Let us be greedy, greedy for meaning! Let us engage in that which can bear fruit to the benefit of ourselves and others. Let us make a profit, but not a fortune. And let us reinvest for the benefit of mankind.

Mar 17

by Miriam Garvi

Imagine for a second that you have this beautiful Idea. A cure for breast cancer. A new solution for waste-handling. A brand of cookies made the old-fashioned way with real ingredients rather than artificial ones. Maybe your Idea was triggered by something on the evening news. Maybe it came to you as you were facing a problem, pondering on how to solve it. Maybe you were frustrated with the lack of good options available on the market. However it came to be, you’re full of excitement at the prospect of launching into business. Family and friends lend you the money for office space and you start working prospective clients.

Gradually, it all takes form. Yet it’s a slow start. After a couple of years, you’re still struggling to make ends meet, waiting for that major breakthrough that will awaken people to the beauty of your Idea.

Then someone comes along with an offer to invest in the business and a market plan that makes everything sound so simple.

Five years later, loans to family and friends have been repaid, with interest. Thanks to new resources and competent fellows on the board, the company has grown considerably and you’re working your way into the Chinese market. Sure, the journey has been slightly different than you imagined and things might have had a different outcome had you been the one making all the decisions. A new CEO has taken your place and you’re now in charge of research and development. But you’ve always considered that to be the most enjoyable part anyway!

But one day life’s not all peachy anymore. Your solution for waste-handling needs  improvement but there is no patience for that. Your investors give priority to sales and marketing – but there is no way of reaching the milestones that have been set whilst pushing quality to the right level! Angry customers are calling in, they feel cheated. Employees are coming to you for advice, imploring you to resolve the situation. Fatigued and frustrated, you try raising your voice at the board meetings but you seem to be speaking a foreign, quite exotic, language. Keep pushing is the message; we’ve got a prospective buyer for the company that will move things to the next level!

And one day, when someone close to you asks you about what happened to that dream of yours, it hits you. In the effort of turning your Idea into a lucrative service, it is becoming just another one of those things that promises far more than it delivers. Where are those beautiful qualities that you could not wait to share with the world? Longing for the passion for what you once saw, you ask yourself if it is ever too late to go back to what initially sparked the desire to do something that can make a difference.

No, it isn’t.