The Stinginess of the Right Produces the Communistic Impulses of the Left

 

 

Musing About The Stinginess of the Right Producing the Communistic Impulses of the Left

 

 

Bret Weinstein was a recent (and frequent) guest on The Joe Rogan Experience, and throughout the whole episode, there was one thing that caught my attention more than anything else. Specifically, he said, “The stinginess of the right produces the communistic tendencies of the left.” I have spent several days musing about it, to the point I looked to see if there was a YouTube video isolating it.

Lo and behold, there was. Take a look 👇

 

 

He speaks of a cycle of sorts, and for my part, I believe he is absolutely right. Furthermore, we have a problem in this country with slander and smearing individuals who disagree with us – and this includes those who are pro-capitalism. The second you criticize, you are a target, even when you have a legitimate point.

Moreover, I am reminded of something Peter Drucker said:

 

“What is your biggest critique of capitalism?

I am for the free market. Even though it doesn’t work too well, nothing else works at all. But I have serious reservations about capitalism as a system because it idolizes economics as the be-all and end-all of life. It is one-dimensional.

For example, I have often advised managers that a 20-1 salary ratio is the limit beyond which they cannot go if they don’t want resentment and falling morale to hit their companies. I worried back in the 1930s that the great inequality generated by the Industrial Revolution would result in so much despair that something like fascism would take hold. Unfortunately, I was right.

Today, I believe it is socially and morally unforgivable when managers reap huge benefits for themselves but fire workers. As societies, we will pay a heavy price for the contempt this generates among the middle managers and workers.

In short, whole dimensions of what it means to be a human being and treated as one are not incorporated into the economic calculus of capitalism. For such a myopic system to dominate other aspects of life is not good for any society.” – Pages 149, 150

 

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Related: Read Managing in The Next Society – Book Review

 

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Peter Drucker was widely considered “The father of modern management,” advising Fortune 500 companies and offering a wealth of wisdom. Here, we see one of the more clear rebukes of the excesses of capitalism (or, more aptly, corporatism now).

Capitalism does work, but that doesn’t mean it doesn’t need serious reform – and that reform should come from the American people collectively coming together.

 

The stinginess of the right produces the communistic tendencies of the left – indeed.