Business ethics in the United States is taking some hard hits right now. In the last few days, one of the hardest hits that ethics in business has taken has come from what many people thought was a great university. They were mistaken.
Columbia University having agreed to a 200 million dollar payout has become the model for more Mafia style shakedowns of higher education in the United States.
Like Al Capone in Chicago, once you have one business paying protection you just roll up the rest of the block. So it is for American higher education. Columbia is the first in the dominoes.
Here – read the article about how Columbia will be the model.
https://www.yahoo.com/news/articles/trump-expects-other-schools-pay-164519393.html
“The deal didn’t just include a payout. Columbia also agreed to the appointment of an independent monitor who will determine if the school is abiding by the agreement, which includes provisions related to admissions, faculty hiring, and antisemitism on campus.”
Oh and look!! With an independent monitor, the shakedowns can continue indefinitely! You can bet real, hard money that a parade of demands for more money and power will come on a regular basis because once you’ve shown moral cowardice and the absence of any backbone, the extortion never, ever stops.
Perhaps, as in Florida, cronies of our “government” will find themselves well paying positions with lots of free perks in the now morally challenged atmosphere of the cowering leadership of a once great university.
The spectacle of a great university folding like a gambler with a busted flush sounds like a story from a bad novel. Who would have thought that a great independent bastion of thought would be kneeling before the great orange Cheeto?
This is a blog on business ethics so let us do our moral analysis!!
When your research grants are stopped on spurious grounds and you are given a list of nonsensical loony demands including giving up your independence and ability to do things like choose your own faculty, you should:
A. Deploy your lawyers and summon support from alumni to fight this assault.
B. Seek political support seeking input from your stakeholders while taking a principled stand for the political independence of a major university.
C. Ally with other universities like Harvard and demand fair treatment and justice.
D. Pay 200 million dollars and give into every demand the administration makes.
My analysis would be that A, B and C are all viable paths of social responsibility and justice seeking. They did D, the path of cowardice and compliance. That was wrong.
The moral bankruptcy of American businesses faced with threats from the administration offers clear parallels to the end of the Wiemar Republic and the end of democracy in that country. This is a national tragedy with dramatic implications.
Since, I have taught business ethics, I must find that Columbia has erred on the side of wrong doing and moral failure.
They have just sacrificed not just two hundred million dollars but their moral reputation and their sacred honor.
They will not be getting them back.
And their failure makes it easier for this evil administration to shake down other schools.
It will never be the same institution that it once was and may safely be discarded as having any principles besides keeping federal funding flowing at all costs.
My long term prediction is as follows. They will find in the long term that they will lose the money as well. This isn’t a just one battle, the long term goal is annihilation. As a defender of civilization and thought, Columbia is to be destroyed. And that is what is going to happen unless braver people with actual spines come to their rescue. A rescue I might add, they in no way deserve.
James Alan Pilant