Benjamin Franklin, Business Ethics and Bearing Grudges

An excerpt from Benjamin Franklin by John Torrey Morse, Jr.

In Philadelphia Franklin soon found opportunity to earn a living at his trade. There were then only two printers in that town, ignorant men both, with scant capacity in the technique of their calling. His greater acquirements and ability, and superior knowledge of the craft, soon attracted attention. One day Sir William Keith, governor of the province, appeared at the printing-office, inquired for Franklin, and carried him off “to taste some excellent Madeira” with himself and Colonel French, while employer Keimer, bewildered at the compliment to his journeyman, “star’d like a pig poison’d.” Over the genial glasses the governor proposed that Franklin should set up for himself, and promised his own influence to secure for him the public printing. Later he=7= wrote a letter, intended to induce Franklin’s father to advance the necessary funds. Equipped with this document, Franklin set out, in April, 1724, to seek his father’s coöperation, and surprised his family by appearing unannounced among them, not at all in the classic garb of the prodigal son, but “having a genteel new suit from head to foot, a watch, and my pockets lin’d with near five pounds sterling in silver.” But neither his prosperous appearance nor the flattering epistle of the great man could induce his hard-headed parent to favor a scheme “of setting a boy up in business, who wanted yet three years of being at man’s estate.” The independent old tallow-chandler only concluded that the distinguished baronet “must be of small discretion.” So Franklin returned with “some small gifts as tokens” of parental love, much good advice as to “steady industry and prudent parsimony,” but no cash in hand. The gallant governor, however, said: “Since he will not set you up, I will do it myself,” and a plan was soon concocted whereby Franklin was to go to England and purchase a press and types with funds to be advanced by Sir William. Everything was arranged, only from day to day there was delay in the actual delivery to Franklin of the letters of introduction and credit. The governor was a very busy man. The day of sailing came, but the documents had not come, only a message from the governor that Franklin might feel easy at embarking, for that the papers should be sent=8= on board at Newcastle, down the stream. Accordingly, at the last moment, a messenger came hurriedly on board and put the packet into the captain’s hands. Afterward, when during the leisure hours of the voyage the letters were sorted, none was found for Franklin. His patron had simply broken an inconvenient promise. It was indeed a “pitiful trick” to “impose so grossly on a poor innocent boy.” Yet Franklin, in his broad tolerance of all that is bad as well as good in human nature, spoke with good-tempered indifference, and with more of charity than of justice, concerning the deceiver. “It was a habit he had acquired. He wish’d to please everybody; and, having little to give, he gave expectations. He was otherwise an ingenious, sensible man, a pretty good writer, and a good governor for the people…. Several of our best laws were of his planning, and passed during his administration.”

Governor Keith lied repeatedly to Franklin, mislead him into the dangerous and unnecessary journey to England, and decieved a great many others as well. Yet, Franklin’s account of him is kind, balanced, and gives the man full credit for the good things he did. Would any of us have been so kind?

But don’t take this as a compliment on Franklin’s generous personality. It is far more serious matter.

Franklin can take a step back from a situation and view it unemotionally. For an ethical man, this is critical. There is a tendency to assign all evil to an opponent, to never think of him positively, to never consider the situation from that person’s point of view. That tendency throws off judgment and turns the mind away from justice and morality.

A generous view of humanity is often the more accurate one. Viewing one’s enemies as devoid of value puts one surely in the wrong. Viewing with accuracy and balance ennobles the mind and gives substance to decision making.

James Pilant

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Sterling Hayden On “Career”

These wonderful paragraphs are by Sterling Hayden, a Hollywood actor. He was a man of many talents and I’ll think you’ll like the writing. This is from the Wikipedia entry to which I am indebted. JP

The sun beats down and you pace, you pace and you pace. Your mind flies free and you see yourself as an actor, condemned to a treadmill wherein men and women conspire to breathe life into a screenplay that allegedly depicts life as it was in the old wild West. You see yourself coming awake any one of a thousand mornings between the spring of 1954, and that of 1958 ‑ alone in a double bed in a big white house deep in suburban Sherman Oaks, not far from Hollywood.

“The windows are open wide, and beyond these is the backyard swimming pool inert and green, within a picket fence. You turn and gaze at a pair of desks not far from the double bed. This is your private office, the place that shelters your fondest hopes: these desks so neat, patiently waiting for the day that never comes, the day you’ll sit down at last and begin to write.

“Why did you never write? Why, instead, did you grovel along, through the endless months and years, as a motion‑picture actor? What held you to it, to something you so vehemently professed to despise? Could it be that you secretly liked it—that the big dough and the big house and the high life meant more than the aura you spun for those around you to see?

“‘Hayden’s wild,’ they said. ‘He’s kind of nuts‑but you’ve got to hand it to him. He doesn’t give a damn about the loot or the stardom or things like that—something to do with his seafaring, or maybe what he went through in the war . . .'”[2]:151

I believe we all tussle with the issue of whether to write or not to write. I have erred on the side of writing. There may be those of you who think it would have been better if I had remained silent. But here I am. I feel very much like he did some of the time. I think many of you do too.

James Pilant

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Why Moral Philosophers Aren’t More Moral Than the Rest of Us (via Ockham’s Beard)

Courtesy of Wiki Commons

This is a fun article. Of course, as an ethics teacher I should probably worry, but I will continue to have faith that I will do okay.

I am still working my way through moral philosophy so this article had relevance for me. I hope you enjoy it as well. Read the comments, some of them are pretty fire breathing.

James Pilant

Brace yourself. Or sit down. Or both. Eric Schwitzgebel and compatriots have uncovered a startling revelation: professional ethicists don’t behave any more morally or courteously than non-ethicists. Full abstract of their paper: If philosophical moral reflection tends to promote moral behavior, one might think that professional ethicists would behave morally better than do socially comparable non-ethicists.  We examined three types of courteous a … Read More

via Ockham’s Beard

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Net neutrality – Who really benefits? (via Now we’re EtherSpeakin’)

This article focuses on the key issue in the FCC ruling. The issue is whether or not the decision actually favors consumers.

I hold the FCC decision in contempt. I do not believe it protects the interests of consumers because it will allow charges for using larger amounts of bandwidth when there is no shortage. Further, the FCC under these rules can only respond to complaints. The FCC does not enforce the rules without customers asking it do so in individual cases. Responding to complaints sounds good until you look at what happens with a complaint. If my web site is discriminated against and my loading time dramatically increased, I will only get redress after a lengthy complaint process. By the time that is completed, I would no longer have a successful blog. It’s the same with anybody else. The Internet is a fast moment by moment product. A complaint system is a post destruction remedy that does in no way mitigate the damage.

This is a good blog entry that asks who does the decision really benefit. If you are interested in a deeper understanding of this issue, I would read the article.

James Pilant

Contributed by: Bill Alessi, EtherSpeak Communications As defined by Wikipedia, Network Neutrality (AKA net neutrality and internet neutrality) is a principle proposed for users’ access to networks participating in the Internet. The principle advocates no restrictions by Internet Service Providers and governments on content, sites, platforms, the kinds of equipment that may be attached, and the modes of communication. About a month or so ago the … Read More

via Now we’re EtherSpeakin’

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Wichita police testing out 6 body-mounted cameras (via The Wichita Eagle)

From the article by Stan Finger –

A half-dozen Wichita police officers are testing a new body camera system that records everything the officers see and do outside their vehicles.

The field tests began two weeks ago and will continue for another two weeks, Capt. Jeff Easter said Wednesday.

“Anything that they get out of the vehicle on, they’ll record,” Easter said of the officers. “Anything is evidence. You never know what’s going to happen in front of you when you get out on the scene.”

Early results are promising.

“It’s a very good system,” Easter said. “The video quality is amazing. It’s much better than any other camera system we’ve looked at in the past.”

The system is manufactured by Taser, which is letting Wichita police try it out. The head-mounted system resembles a Bluetooth and can also be attached to an officer’s hat or eyewear.

I’m a little surprised that the police are adopting these without any fuss. I have read and directly heard about the police disabling cameras. But apparently it has become a useful tool for the officer.

I’m a little more interested in what this means for the rest of us. I recognize that the technology is available to be purchased now but it is not the same. These things kick on every time an officer exits the car. They keep all of what is seen for a year. This is no short time surveillance camera in a tie. While we are not police officers whose department is willing to spend the $5,000 a year necessary, we will eventually be the beneficiaries of the technology. Soon at a reasonable price you will be able to make a record of everything you see 24 hours a day, seven days a week. It might be useful taking college classes or at a family reunion or in large scale use changing the social fabric of the nation.

Will all Americans adapt their behavior to an utterly continuous recording of themselves by countless others? What will be the long term social effects?

In terms of business ethics, what we have here is the private becoming public. Discussions, comments and negotiations will all be easily recorded in the most informal of circumstances with the ability to keep records for years. Is there a disclosure requirement? Is there going to be an unspoken agreement not to use these in negotiation? Can they be used in court? This kind of evidence could come back to bite you as long as it exists and eventually those records will exist for the course of our lives or longer.

Will states or the federal government regulate their use? That is an important question. There is some regulation of recording phone calls. The grounds for this is that there is no consent from one of the parties. That would be a similar justification for laws on continuous viewing by personal cameras.

These things worry me. We seem as a society to do things without discussion and debate. When we do it turns every single time into a debate over personal freedom versus government regulation whether or not these are significant factors in the issue. Every subject can be classified that way but that doesn’t mean it fits into that box. Surveillance is more of an issue of what can new technology do and “what the effects are.” What are the advantages of this technology? Does it conflict with our customs and morality? What effects will it have in different areas of endeavor; medical operations, trial, sports, sex, and countless others. Once we think about the effects then we can start putting it into legal or regulatory boxes. But in current discussion the boxes come first and we never do the often subtle thinking that allows humanity to make reasonable and intelligent decisions.

James Pilant

P.S.

I went to a “gadget site” on the web. I couldn’t get a price but the system ad read this way. I think you’re supposed to feel like Tom Cruise in a Mission Impossible move.

This High Quality Body Camera set is ready for Covert Operations. This complete set is all you need. At a much better and higher resolution then our lower priced Body Cam, you get what you pay for. This is the best there is. Camera is powered by the DVR unit itself so there is no stupid 9 volt batery to weight you down.

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Will the Government Ever Attempt to Enforce the Law Against the Bank of America?

Bank of America is teetering on the edge of collapse. It has received enormous aid from the federal government in bailouts, loans and preferential treatment to the tune of trillions of dollars of government guarantees. To add further injury to the insults already suffered, the federal government, that is, the Obama Justice Department has okayed a settlement protecting Bank of America from lawsuits for its practice of filing false affidavits and inventing ownership of property in American Courts. Yet even with this help, the bank is run so badly that it is still failing.

How long does this go on?

Is the government going to bailout this bank one more time?

What crimes do they have to commit? What incompetence do they have to display? What greed in the form of enormous executive bonuses do they have to display? – before enough is enough and they are allowed to perish?

James Pilant

Bank of America: Too Crooked to Fail | Politics News | Rolling Stone

In a pure capitalist system, an institution as moronic and corrupt as Bank of America would be swiftly punished by the market – the executives would get to loot their own firms once, then they’d be looking for jobs again. But with the limitless government support of Too Big to Fail, these failing financial giants get to stay undead forever, continually looting the taxpayer, their depositors, their shareholders and anyone else they can get their hands on. The threat posed by Bank of America isn’t just financial – it’s a full-blown assault on the American dream. Where’s the incentive to play fair and do well, when what we see rewarded at the highest levels of society is failure, stupidity, incompetence and meanness? If this is what winning in our system looks like, who doesn’t want to be a loser? Throughout history, it’s precisely this kind of corrupt perversion that has given birth to countercultural revolutions. If failure can’t fail, the rest of us can never succeed.

Bank of America: Too Crooked to Fail | Politics News | Rolling Stone

 

 

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Ethics Bob has a book out!!

The Ethics Challenge

The newspapers (and our blog) are full of unethical politicians; the sports pages full of rule-breaking players and parents; the business news full of sleazy companies and greedy CEOs; the education pages full of students who cheat on exams.  What’s a person to think?
Perhaps you really do have to cheat to win.  Perhaps you need to shade the truth to get ahead.  Good people hear that “everybody does it,” and wonder.

The Ethics Challenge

It is a great pleasure for me to offer a plug for Ethics Bob’s book. Please go the web site (click the link above) and consider buying a copy.

James Pilant

This is a video from the same author –

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An Examination of the Political and Economic Crisis in Ireland

I very much enjoyed this documentary. I find it insightful. A citizen of Ireland who worked as a foreign correspondent returns home and looks at his country with some perspective.

It’s easy to see the very similar problems in both the United States and Ireland. In both cases, the government baled out the banks without asking any serious questions nor taking into account the actual value of the bank loans. In both cases, a real estate bubble that was clearly propelled by speculation was considered to be a safe and continuing source of prosperity for the country. And in both cases, the taxpayers wound up footing the bill, while unemployment doubled and services were reduced.

In other words, the well connected walked away and discussed with great seriousness their loss of reputation and minor financial irritations, while the great majority of the nation’s citizen’s suffered for their crimes.

James Pilant

Ireland The Rise and Fall of the Economy, Real Estate, Development – YouTube

 

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Listen to the “Morality” of Laissez-faire.

The English government during the Irish Famine of 1845 – 1852 adhered strictly to a doctrine of Laissez-faire. I want you to listen to the cold blooded ramblings of a government in thrall to a cruel, vicious and irrational policy concept. This is where economic philosophy confronted tragedy and compounded it.

Watch the clip and see if you can avoid recoiling in horror at the voices of the decision makers mindlessly repeating the necessity of letting the market have its way.

James Pilant

Laissez-faire

When Ireland Starved Episode 3 Managing The Famine (Part 1 of 3) – YouTube

When Ireland Starved Episode 3 Managing The Famine (Part 1 of 3) – YouTube

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Student Loan Debt a Lifetime Burden for Middle Class but Major Money Maker for Goldman Sachs

Kids today still screwed – Student Loan Debt – Salon.com

Just in case anyone decided to “scam” themselves some free higher education by going to college and then declaring bankruptcy, Congress decided in 1998 to make sure that student loan debt had no statute of limitations and could not be discharged except in the event of extreme (and effectively unprovable) hardship. Then tuition began skyrocketing, players like Goldman Sachs got into the student lending business, and middle-class job opportunities for people without college degrees disappeared. The result, naturally, has been extremely profitable for certain people (Lally Weymouth) and basically awful for everyone else in America. Now, Eric Pianin is in Lally Weymouth’s Washington Post saying that student loan debt might be “the next debt bomb.

Kids today still screwed – Student Loan Debt – Salon.com

My poor students are getting battered by an economy where there are few jobs in a nation where last year’s college graduates owed an average of $24,000 in student loans.

Other nations do not place the burden of higher education on the students. It is a matter of public expenditure. The United States has long been the leader in college graduates worldwide and no we are fourth. I see no prospect of that getting better but only worse. Education is not a commodity. It is a public good necessary for a successful society.

We can do better than this. We are a better people than this.

James Pilant