Unfortunately the most common way we
determine a person’s value to society is by how much money they make. We may
say a lot of other things but that is also how most of us value our own worth.
If we get a raise we feel better about ourselves, as it shows people have
expressed the confidence in our work. For me it is another example of the
counter culture nature of religion versus secular society and as I best under
the teachings of Jesus that God sees all people equally or of the same value.
One could argue that if we applied those religious values to our economic
society, everyone would receive the same wage. The task then of employing
people would be to find the most fulfilling and appropriate place for them to
work. This would be an attempt to combine vocations and avocations. I also
realize this is a “when pigs fly” concept.
But when an economic system of value is completely
out of whack we see huge differences in the distribution of wealth as we see it
now in our society where 1/10th of the upper 1% of people (1,400)
people have half the wealth of the country. Frankly they just are not that
valuable to society and this shows a serious breakdown of our economic system.
CEO’s are incredible examples of overvalued
people. CEO’s is our society earn 380 times the average worker in our society.
Are they that much smarter, harder working, and adept that the average worker
(even given monetary values systems)? Of course not, but in our efficacious
ethic system in society they can get away with it. Here is the list of the top
10 CEO’s according to Forbes Magazine:
Rank
|
Name
|
Company
|
1-Year Pay ($mil)
|
5 Year Pay ($mil)
|
Shares Owned ($mil)
|
Age
|
Efficiency
|
1
|
John H Hammergren
|
McKesson
|
131.19
|
285.02
|
51.9
|
53
|
121
|
2
|
Ralph Lauren
|
Ralph Lauren
|
66.65
|
204.06
|
5,010.4
|
72
|
84
|
3
|
Michael D Fascitelli
|
Vornado Realty
|
64.405
|
-
|
171.7
|
55
|
-
|
4
|
Richard D Kinder
|
Kinder Morgan
|
60.94
|
60.94
|
8,582.3
|
67
|
-
|
5
|
David M Cote
|
Honeywell
|
55.79
|
96.11
|
21.5
|
59
|
138
|
6
|
George Paz
|
Express Scripts
|
51.525
|
100.21
|
47.3
|
57
|
36
|
7
|
Jeffery H Boyd
|
Priceline.com
|
50.185
|
90.3
|
128.2
|
55
|
12
|
8
|
Stephen J Hemsley
|
UnitedHealth Group
|
48.835
|
169.3
|
155.8
|
59
|
-
|
9
|
Clarence P Cazalot Jr
|
Marathon Oil
|
43.71
|
67.23
|
30.3
|
61
|
91
|
10
|
John C Martin
|
Gilead Sciences
|
43.19
|
214.92
|
90.9
|
60
|
131
|
The word I have for those and most of the
list the follows is obscene. Obscene means without socially redeeming value.
Or, in other words, they are highly overvalued.
What frequently amazes me is how condemning
we are of folk on the low end of the scale, people living in poverty and needed
government aid just to survive. They are loudly condemned and lazy, stupid,
unproductive members of our society but on the other hand we hear almost no
condemnation of those who earn far more than their worth. It is the Protestant
Ethic gone awry or more appropriately at its worst: God values and rewards good
people and punishes (with poverty) bad people. The wisdom writers of the Old
Testament took a look at a similar way of thinking in their time and said, “Horse
puckey!” or words to that effect. Solomon saw and lot of good old boys riding
around the town square with the newest and fanciest camel and with great herds
of sheep and goats and whatever who were real bad dudes while a bunch of really
good folk were living in poverty and they said, that is just not right. The
major and minor prophets were always harping on that subject of treating people
properly and with dignity. They have a lot to say to our society and our modern
prophets do but they do not seem to have much clout.
It is often the case of the ability to walk
in another person’s shoes and see life from their perspective. The working
poor, say an average Wal-Mart worker earns $8.81 per hour and is not allowed to
work fulltime so Wal-Mart does not have to pay them benefits, so they have to
get food stamps and other government aid from the tax payers. They are not bad
people or lazy, they have just taken advantage of by folk who can do it, such
as the CEO’s of Wal-Mart. If they would just charge 1 percent more per product
sold, and employed their workers full time, these individuals would no longer
be at the poverty level and the entire society would benefit. But what do we
do? We give subsidies and inducements to such companies. I have written before
how the sporting goods mega store, Cabella, demands that if they will condescend
to build a business in a community that community much guarantee them tax
benefits and the like. Or, they demand that tax payers subsidize them. That’s
whako.
Another major case in point is our medical
system which is known to be by far the most expensive on earth and does not
provide as good of care for the populace as other developed countries. Why? It
is a profit based system where it is easy for doctors and those in the medical
field to take their eyes off their purpose – health care – and put it on making
the biggest bucks. Frankly I think the old country doctors of old had more
fulfilling lives even if they didn’t have as many benefits, they had the
respect of the communities.
Capitalist countries always need safeguards
built into them, meaning governmental controls to keep them from getting out of
balance. Adam Smith knew that, John Maynard Keynes knew that and when we
implemented their recommendations the country was very productive and the
middle class was strong and the America dream flourished. But for the last 35
years government has abdicated their role in macroeconomics and we end up with
the situation we have now. We are beginning to repeat the 19th
century all over again and that boom or bust economy is not good for the country.
Those who support our broken system, the
toadies of the rich and unethical have lost sight of each human beings value.
They are materialists of the first order. Jesus never said it was blessed to be
poor, he believed in the abundant life for all, economically as well as
spiritually. We need to take him more seriously in our daily lives.
The best things in life are free.
ReplyDeleteIn my opinion God thinks far more highly of us than we do and is well expressed in Psalm 8 and then quoted in the NT in the book of Hebrews. Here is Eugene Peterson's new translation of that passage.
DeletePsalm 8
A David psalm
1God, brilliant Lord,
yours is a household name.
2Nursing infants gurgle choruses about you;
toddlers shout the songs
That drown out enemy talk,
and silence atheist babble.
3I look up at your macro-skies, dark and enormous,
your handmade sky-jewelry,
Moon and stars mounted in their settings.
4Then I look at my micro-self and wonder,
Why do you bother with us?
Why take a second look our way?
5Yet we’ve so narrowly missed being gods,
bright with Eden’s dawn light.
6You put us in charge of your handcrafted world,
repeated to us your Genesis-charge,
7Made us lords of sheep and cattle,
even animals out in the wild,
8Birds flying and fish swimming,
whales singing in the ocean deeps.
9God, brilliant Lord,
your name echoes around the world.
CEOs are highly paid....considering
ReplyDeleteWow! Just wow and scary.
Delete