April 1 was no joking matter for me this year. At 12:01 AM I had the opportunity to put a
real price tag on my value for stewardship - it's greater than $50 million
dollars. In the monotony of unconsidered
capitalism, I was asked to put in jeopardy the interests of investors in one of
my enterprises for great personal advantage and benefit. It would have been 'good' for my interests as
I would have been in more direct line to greater monetary benefit, more
influence, and less headaches from the nuisance of governance that attends a
world including many inconsiderate, passive shareholders. While some of you were reading my fresh blog
post in the Pacific, I was pressing 'send' on an e-mail that said
"No" to an offer of a lifetime.
"And so in war;
if the campaign is in the summer the general must show himself greedy for his
share of the sun and the heat, and in winter for the cold and the frost, and in
all labours for toil and fatigue… the princely leader and the private soldier
may be alike in body, but their sufferings are not the same: the pains of the
leader are always lightened by the glory that is his and by the very
consciousness that all his acts are done in the public eye."
When I said "No" to a massive capital partnership, I
was not diminishing the value of provisions for our enterprise. In fact, I neither rejected the money nor the
party offering to fund; rather, I was rejecting the form in which it was
offered. To achieve what we seek to
manifest, the utility of capital is a critical component of our endeavor. Without it, the market perceives risk where
little actually exists. But the idea of
dishonoring those who have provisioned our enterprise to this point for the
excessive benefit of the latest to arrive on the scene is beyond the pale. And, quite frankly, illogical.
Imagine a world in which you are to be trusted with the
resources of others. You will be held to
public and private scrutiny - success or failure. You will be asked to apply yourself each day
to the productive deployment of resources for greater returns. The only catch is to start out, you must
disavow pledges - actual and implied - that you've made to those who, with
similar expectations, merely had the curse of preceding the present
beneficiaries. Gregory Bateson sought to
disentangle this paradox in his effort to explain the roots of schizophrenic
pathologies in what he referred to as the "double-bind".
"I want you to be loyal," pleads the new investor,
"so I want you to abandon the returns expected by all those who came
before."
"But if I'm prepared to be disloyal to those who came
before, how can you expect my loyalty to persist for you?"
"What I will do is place golden handcuffs on you so
that you are penalized for any act of future disloyalty," the new investor
stipulates.
"Than you don't seek my loyalty - you seek my indenture
for which one day I will loathe my condition and you."
What on earth could be salutary in this social dynamic? I was advised that the answer is the
non-answer: "That's just how the system works."
Well, on April 1, 2013, that system stopped working, at
least for one instance. I said,
"No."
"Now some of his
scholars showed such excellent aptitudes for deception and overreaching, and
perhaps no lack of taste for common money-making, that they did not even spare
their friends, but used their arts on them. And so an unwritten law was framed by which we
still abide, bidding us teach our children as we teach our servants, simply and
solely not to lie, and not to cheat, and not to covet, and if they did otherwise
to punish them, hoping to make them humane and law-abiding citizens. But when
they came to manhood…, the risk was over, and it would be time to teach them
what is lawful against our enemies."
Cultivate values of accountability and stewardship, loyalty
and integrity through life but to succeed, be prepared to apply them
selectively! Is it any wonder that we
see our system in the throes of collapse with integrity failings at both great
and small? Is it any wonder that
remarkable abuses of law and public trust go unprosecuted when those who take
oaths to uphold and defend are blissfully suckling at the tit of the
treacherous?
"Many have won
the very wealth they prayed for and through it have found destruction."
There are many who seek some karmic or eschatological
resolution for this consensus delusion of selective accountable stewardship. For them, I am afraid that you'll find ample
evidence of perpetrators of ill intent who were enriched by their treachery and
who die fully sated in the life that they led.
Equally, paupers' graves are filled with principled folk who took the
road of morality and died ignominiously.
The ends-and-means justification question is a naïve catechism. It neither informs critical moral development
nor does it resolve the shrouded reality.
I cannot tell you that the decision I made on April Fools Day was astute
or absurd.
Here's what I can tell you.
For the past six days, my life has been surrounded with dozens of remarkable
people - some in disbelief - who have seen a decision taken on principle and
have rallied to the notion that there is path that does not require acquiescence. Exposed at the vanguard, I have been
surrounded by allies and together we press on. Bring on the sun, the heat, the cold, the
frost because our toil has been lightened!
(All quotes in italics
are from Xenophon's Cyropaedia)
Hello, David:
ReplyDeleteI just want to say a big THANK YOU for this act of integrity. In a world where this value is so missed and most of people act without any responsibility and accountability, it is a great relief and a sign of hope for me that somebody somewhere still act as if the essential values that makes life worthwhile really mattered.
Best wishes!
Angel
Hi David,
ReplyDeleteI stand taller in this world for knowing you. May your example start an avalanche...
Cheers,
Robert
And this is why I love you David. Thank you for your continued practice of the deepest integrity.
ReplyDeleteI know from personal experience how at times the price for integrity in our current world may be so high, in whatever metric is being used.
Integrity is the essence.
Bravo,
love and blessings,
Christine
Beautiful, David. Thank you. May the path of purity shine on. And may your example of unshakable integrity remind us all that there is indeed a path that requires no compromise.
ReplyDeletePure Light,
Dustin
And what would you do really with that money that you can't do today other than "reclusive miserly ignorance arbitrage"? ;)
ReplyDeleteKeep holding to integrity, creativity, resilience, and love.
Blessings, brother.
Edward
Day is gone,
ReplyDeleteGone the sun!
From the lake from the hill from the skies.
All is well!
Safely rest.
Dave is nigh.
And the color purple bridges the gap!