{"id":3589,"date":"2011-09-08T00:01:29","date_gmt":"2011-09-08T05:01:29","guid":{"rendered":"http:\/\/www.davidmcelroy.org\/?p=3589"},"modified":"2011-09-07T22:32:16","modified_gmt":"2011-09-08T03:32:16","slug":"moral-principle-what-you-do-with-your-money-is-your-business","status":"publish","type":"post","link":"https:\/\/davidmcelroy.org\/?p=3589","title":{"rendered":"Moral principle: What you do with your money is your business"},"content":{"rendered":"<p><a href=\"http:\/\/www.davidmcelroy.org\/wp-content\/uploads\/2011\/09\/Fair-share.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-3591\" title=\"Fair share\" src=\"http:\/\/www.davidmcelroy.org\/wp-content\/uploads\/2011\/09\/Fair-share.jpg\" alt=\"\" width=\"250\" height=\"315\" srcset=\"https:\/\/davidmcelroy.org\/wp-content\/uploads\/2011\/09\/Fair-share.jpg 250w, https:\/\/davidmcelroy.org\/wp-content\/uploads\/2011\/09\/Fair-share-238x300.jpg 238w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/><\/a>I have another confession to make. I hate <a href=\"http:\/\/liveunited.org\/\" target=\"_blank\">United Way<\/a>. I also hate other similar charities that try to guilt me into giving them money, but United Way has a special place on my list of hated organizations. Let me explain.<\/p>\n<p>See the T-shirt on the right? I shot that picture a year or so ago when I saw the guy wearing it eating at a fast food joint where I was. I took it because of the slogan: &#8220;I gave my fair share.&#8221; It made me ill.<\/p>\n<p>I know slogans such as this one are supposed to guilt us into giving more money to charities, but seeing them just makes me not want to give the organization a penny. The idea that they&#8217;ve determined my &#8220;fair&#8221; donation is offensive and paternalistic to me.<\/p>\n<p>When I used to work for &#8220;civic-minded companies,&#8221; we were invariably forced to sit through a pitch for payroll giving to United Way. The boss would always talk about how he&#8217;s proud that his company has had &#8220;100 percent participation&#8221; for ages. They even had some sort of gimmick by which the real Scrooges could give a token dollar so the company could still claim that everyone was participating. But they weren&#8217;t counting on me.<\/p>\n<p><!--more-->At two different companies, I was called to my boss&#8217; office after refusing to participate. I was told that I was going to prevent the company from reaching its goal. I explained that I preferred to give money to my church instead of handing over money to some organization to split as it sees fit. I was intimidated, but I wouldn&#8217;t even give a dime. To me, it was a principle. I wasn&#8217;t going to be bullied into giving to something I didn&#8217;t choose to participate in.<\/p>\n<p>And that&#8217;s the biggest reason I hate the &#8220;united&#8221; approach to charity. It&#8217;s the way bullies approach &#8220;giving.&#8221; It&#8217;s not really about giving. It&#8217;s about an implied threat and a sense of obligation.<\/p>\n<p>I&#8217;ve been thinking about this ever since I saw a <a href=\"http:\/\/dealbook.nytimes.com\/2011\/08\/29\/the-mystery-of-steve-jobss-public-giving\/\" target=\"_blank\">New York Times piece last week blasting billionaire Steve Jobs<\/a> for not being on record as giving away chunks of his money or agreeing to a promise to give away half of his fortune. Honestly, I don&#8217;t care whether Jobs gives away every penny of his money or if he invests it in wheat futures. The point is that it&#8217;s <em>his<\/em> money, not mine. It&#8217;s none of my business &#8212; or anybody else&#8217;s &#8212; what he does with it.<\/p>\n<p>Jobs is known as a political liberal, so I wouldn&#8217;t be surprised if he were actually giving away some money already that we don&#8217;t know about. If he&#8217;s doing that, it&#8217;s fine with me. If he&#8217;s being &#8220;greedy&#8221; and keeping it to use some other way &#8212; pass to children or make some big splash when he dies &#8212; that&#8217;s fine with me, too. I just don&#8217;t care. Other billionaires &#8212; such as Bill Gates and Warren Buffet &#8212; make a big deal out of the good they&#8217;re allegedly doing with their money now. They might be doing some good (although I suspect they&#8217;re also distorting markets in some cases with their giving to manipulate situations), but I&#8217;m uncomfortable with the idea that people are praiseworthy just for giving things away.<\/p>\n<p><a href=\"http:\/\/www.davidmcelroy.org\/wp-content\/uploads\/2011\/09\/LBJ-and-Fletcher520.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-3782\" title=\"LBJ-and-Fletcher520\" src=\"http:\/\/www.davidmcelroy.org\/wp-content\/uploads\/2011\/09\/LBJ-and-Fletcher520.jpg\" alt=\"\" width=\"249\" height=\"297\" \/><\/a>This idea has guided public policy for decades now. It was the basis for <a href=\"http:\/\/en.wikipedia.org\/wiki\/War_on_Poverty\" target=\"_blank\">U.S. President Lyndon Johnson&#8217;s &#8220;War on Poverty.&#8221;<\/a> The progress that&#8217;s been made in bringing living standards higher for people in poverty has come from growth of the market and people&#8217;s individual choices, not from government having handed out trillions of dollars in other people&#8217;s money over the decades. If you want my praise, create something of value. Create a company that can create wealth for generations. Invest your money in new things that will push the human race forward. You and others will make a profit from doing that, because you&#8217;ll be creating real value that can potentially last for hundreds of years.<\/p>\n<p>I&#8217;m bothered by the idea that creating profitable companies is a greedy thing to do, but distributing your money to other people without merit is a praiseworthy thing. It&#8217;s not that I mind giving money. I like giving money and take great joy in it. But a society that believes the best thing to do with accumulated capital is to subsidize the lives of unsuccessful people is one that&#8217;s going downhill.<\/p>\n<p>Successful nations that remain successful understand that creating wealth is the way to make everyone wealthier. Simply handing out piles of cash &#8212; whether to individuals or to new programs &#8212; doesn&#8217;t work. If it did, we would have won the &#8220;War on Poverty&#8221; long ago.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I have another confession to make. I hate United Way. I also hate other similar charities that try to guilt me into giving them money, but United Way has a special place on my list of hated organizations. Let me explain. See the T-shirt on the right? I shot that picture a year or so <a href=\"https:\/\/davidmcelroy.org\/?p=3589\" class=\"more-link\">Keep Reading<\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":{"0":"post-3589","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-uncategorized","7":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p1x9iR-VT","_links":{"self":[{"href":"https:\/\/davidmcelroy.org\/index.php?rest_route=\/wp\/v2\/posts\/3589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidmcelroy.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidmcelroy.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidmcelroy.org\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/davidmcelroy.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3589"}],"version-history":[{"count":15,"href":"https:\/\/davidmcelroy.org\/index.php?rest_route=\/wp\/v2\/posts\/3589\/revisions"}],"predecessor-version":[{"id":3899,"href":"https:\/\/davidmcelroy.org\/index.php?rest_route=\/wp\/v2\/posts\/3589\/revisions\/3899"}],"wp:attachment":[{"href":"https:\/\/davidmcelroy.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidmcelroy.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidmcelroy.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}