Today in False Choices: People Versus Profits

 

Screen Shot 2015-10-27 at 3.42.32 PMConsulting with corporations about the importance of putting “people before profits” is mutually beneficial to both corporation and speaker: the former is afforded cheap virtue and the latter an expensive lifestyle. In the world of speaking and corporate consulting, espousing the People-Before-Profits narrative — as with the virtues authenticity and diversity — is simply good business practice.

This value-for-value model is lost on the very same speakers who take it for granted that profits are suspect. These self-styled experts fail to see that, unlike President Obama’s facile description of the tension between liberty and security, the choice between people and profits is a false one. Yet companies throughout the United States are happy to self-flagellate before speaker after speaker, pretending to temporarily forget what reality will forever remind them: that profits are a darn good measure of the extent to which you have served others.

At the heart of the People-Before-Profits movement is an ambivalence about the dignity and morality of business. In popular culture, this idea is most evident in movies and on television, where businessmen are almost invariably portrayed as either moral bankrupts (Wall Street) or courageous heroes who unveil the moral bankruptcy of business (Michael Clayton).

The Birkenstock set in particular has built an entire cottage industry around apologizing for being in business, from technology entrepreneur Kate Emery, to speaker Dan Pallotta, to the TED talks, where the “ideas worth spreading” overwhelmingly assume that profits are opposed to people.

Into this world of received wisdom enters Rabbi Daniel Lapin’s Thou Shall Prosper: Ten Commandments For Making Money. Lapin’s thesis is that, far from being something to be ashamed of, profits should be seen for what they are: a blessing and a measure of our success at serving our fellows.

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  1. MLH Inactive
    MLH
    @MLH

    Who are you and where’s funny David?

    But really: this sound like a “pay if forward” thing. Ugh.

    • #1
  2. Jules PA Inactive
    Jules PA
    @JulesPA

    This fat cat says, “My business makes no profit, no-body gets paid. Come work for me anyway, because corporate responsibility.”

    turkish cat

    • #2
  3. The Reticulator Member
    The Reticulator
    @TheReticulator

    For what shall it profit a man, if he shall gain hefty consulting fees and call it non-profit?

    • #3
  4. Ryan M Inactive
    Ryan M
    @RyanM

    Yes, exactly. People over profits… And if it wasn’t profitable, no business would want to hear about it. It could be called “pandering to nonsensical emotions, which will gain you business.”

    • #4
  5. lesserson Member
    lesserson
    @LesserSonofBarsham

    Ryan M:Yes, exactly. People over profits… And if it wasn’t profitable, no business would want to hear about it.It could be called “pandering to nonsensical emotions, which will gain you business.”

    The irony is pretty delicious.

    Company: “We don’t put profits over people!”

    Birkenstock set: “You’re not evil, I’ll buy from you!”

    Company:

    Mr Burns-2

    *This is not to stereotype business owners as heartless billionaires who feed their hapless employees to dogs the hounds.

    • #5
  6. American Abroad Thatcher
    American Abroad
    @AmericanAbroad

    Absolutely.  Profits are pro-people not only for providing products and services desired, but also for investors and those employed or soon-to-be-employed by a profitable company.

    It might be an exaggeration, but the biggest loss we have ever suffered is that the leftists have won the language war.  As long as “profit” is code for exploitation and the 1%, there is almost no chance to advance capitalism and freedom.

    Thanks, David, for trying to re-claim the language.

    • #6
  7. Vance Richards Inactive
    Vance Richards
    @VanceRichards

    Our company just hired a Chief People Officer, because it is all about the people. Just another HR guy really, but the wording struck me as funny.

    • #7
  8. PHCheese Inactive
    PHCheese
    @PHCheese

    There are two kinds of profit, gross and net. The first is were employees get paid. The second is how the shareholders get paid. Neither should expected to be involved for free.

    • #8
  9. Larry3435 Inactive
    Larry3435
    @Larry3435

    The speakers at these kinds of events should be limited to people who really used to work at a company that actually put people ahead of profits.  Before the company went bankrupt, laid off all of its employees, stiffed its creditors, and left its customers in the lurch.  I think that speaker might have something to say that is worth hearing.

    • #9
  10. The King Prawn Inactive
    The King Prawn
    @TheKingPrawn

    I hear a lot of commercials for businesses and (surprisingly) universities now that make the term “not-for-profit” a mantra. They utter it like PBUH at the mention of Mohammad, and I imagine they make the sign against evil every time they must speak the word profit in their radio advertisements.

    • #10
  11. The King Prawn Inactive
    The King Prawn
    @TheKingPrawn

    To quote Kevin Williamson from one of his best articles:

    The counterintuitive part, at least for you guys who graduated near the top of your classes at very prestigious law schools and made a lot of money in litigation or bond-counsel work or whatever but have not spent a lot of time selling hotdogs or landscaping or painting houses, is this: Profits are evidence of the creation of social value, not deductions from the sum of the common good.

    In fact, it’s about time for my quarterly reading of it.

    • #11
  12. Titus Techera Contributor
    Titus Techera
    @TitusTechera

    Mr. Deeble, it’s good to hear from you even when you haven’t prepared a set. Yeah, this kind of consulting is another form of self-help: The people selling & the people buying are learning different things: The sellers, however, are capitalists, no? They’re providing a service on an agreed-upon basis. Pandering is capitalism, too, isn’t it?

    Possibly, some forms of capitalism are anti-capitalist…

    • #12
  13. Titus Techera Contributor
    Titus Techera
    @TitusTechera

    By the way, what the sellers have learned is that people are losers & want to be reassured & will pay for it. Self-helpers are economists: They get what’s good, if by lying to people about how to get what’s good-

    • #13
  14. lesserson Member
    lesserson
    @LesserSonofBarsham

    Titus Techera:Mr. Deeble, it’s good to hear from you even when you haven’t prepared a set. Yeah, this kind of consulting is another form of self-help: The people selling & the people buying are learning different things: The sellers, however, are capitalists, no? They’re providing a service on an agreed-upon basis. Pandering is capitalism, too, isn’t it?

    Possibly, some forms of capitalism are anti-capitalist…

    Yep…

    images

    • #14
  15. JimGoneWild Coolidge
    JimGoneWild
    @JimGoneWild

    Years ago, 60 Minutes did a slobbering piece on some textile mill in New England. It specialized in making Polar Fleece. Anyway, the benevolent owner, like a saint, put people first. He paid high wages and didn’t layoff anyone. Well, about year later the whole plant closed. Lesson learned.

    • #15
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