Managerial Capitalism: Being and Becoming

At first glance, Friedrich Nietzsche’s pro-capitalist stance on private property and the process of accumulating profit (or wealth) may seem to extend a vote of confidence to the business manager as a type. After all, managers manage the private property of stockholders (which can include themselves) with a fiduciary duty to do so to increase shareholder value by maximizing profit. The notion of profit-seeking by maximizing revenue and minimizing cost is arguably too simplistic. Squeezing a workforce too much, for example, can backfire in the long term. Nietzsche was concerned about such a thing happening even though he claims that the vast majority of laborers must be kept to subsistence wages for culture to be possible. He castigates petty, short-sighted managers who do not look out for the spiritual and economic welfare of workers, and yet holds that those workers must be slavish in the sense of being exploited by employers so culture can emerge and be sustained by the rich. To be for such exploitation and yet against petty cost-cutting managers renders Nietzsche’s socioeconomic philosophy interesting as well as useful in terms of keeping a capitalist economy from being reduced to the mentality of its bottom-feeder producers. I first discuss the matter of exploitation and then turn to how Nietzsche addresses his wider socio-economic philosophy more specifically to human-resource management. Within the wider subject-heading of exploitation, very different approaches, or mentalities, to human resource management can be discerned. In dichotomous terms, there can be said to be a pathos of distance between enlightened self-interest and selfish, short-sighted greed.

The full essay is at "Managerial Capitalism."

COP30: Is Symbolism Enough Amid Climate-Change?

With the U.S. fed up and only 100 governments left willing to attend COP30 in Brazil on combatting carbon-emissions and the related global warming, the question of whether the basis of the annual conference, voluntary compliance, is sufficient and thus should be enabled by the staged meetings. Even to continue to have the conferences annually can be viewed as part of a broader state of denial, given that the 1.5C degree maximum for the planet’s warming set at the Paris conference a decade earlier was by 2025 universally acknowledged by scientists to no longer be realistic; the target would almost certainly be surpassed. It is in this context that any progress from COP30 should be placed.

The full essay is at "COP30." 

Complexity in Global Warming: On the Imprint of Pride

It would be incorrect to claim that the planet’s atmosphere and oceans are both getting warmer in a linear, across-the-board way. The existence of exceptions, such as the slightly cooler average summers in some places in the interior of North America, no longer allows for credible claims of climate-change denial, an agenda that was financed and promoted in part by fossil-fuel companies in the U.S. and E.U. before being totally repudiated by science. Indeed, the credibility of natural science vastly exceeds that of corporations with vested financial interests. Rather than discuss those, which have become better known to the public, I want to describe the sheer complexity of a generally warming planet, which is rarely adequately grasped by non-scientists, and delve into the sordid self-love that I contend is ultimately behind global warming. 

The full essay is at "Complexity in Global Warming."

The E.U. on Anti-Trust Enforcement: The Case of Google

On June 19, 2025, when the European Court of Justice, the E.U.’s supreme court, received a nonbinding opinion from the advocate general, Juliane Kokott, recommending that Google’s appeal against an anti-trust fine of €4 billion be dismissed by the court. The E.U.’s executive branch, the Commission, had found in 2018 that the company had “used the dominance of its mobile Android operating system to throttle competition and reduce consumer choice.”[1] I contend that the company’s written statement in response can be characterized as “stone-deaf” or oblivious to the issue at hand. Such is not an effective way of managing threats in the environment of business. Moreover, the response itself illustrates why governmental action on anti-trust on behalf of market competition is valid and necessary. I contend that the invisible-hand mechanism of a restored competitive market is more reliable than depending on managerial intentions even if they are to be based on motivation that is social-engineered from fines.

The full essay is at "The E.U. on Anti-Trust Enforcement."

---

1. “Google Hits Setback in Bid to Overturn Multibillion EU Antitrust Fine in Android Case,” APnews.com, June 19, 2025.

RBI Overheating India’s Economy: On Materialist Greed Fueling Ceaseless Consumerism

A phenomenon as massive as the global coronavirus pandemic, which ran from 2020 to 2022, is bound to have major economic ripple, or wave, effects in its wake. India’s record high 9.2% growth of GNP in the 2023-2024 fiscal year illustrates the robust thrust of pent-up demand met with increased supply. To the extent that consumption over savings is the norm in any economy, a couple years off can subtly recalibrate economic mentalities to a more prudent economic mindset wherein saving money is not so dwarfed by spending it. Moreover, putting the brakes on a consumerist routine and societal norm can theoretically lead to putting the underlying materialism in a relative rather than an absolute position and thus in perspective. Yet such a “resetting” must overcome the knee-jerk instinct of any habit to restart as if there had been no change. Coming back to college, for example, after a summer away, students tend to pick up their respective routines right away as if the recent summer were a distant memory. India’s astonishing rate of economic growth just after the pandemic demonstrates that the penchant for consumerism and economic growth as a maximizing rather than satisficing variable returned as if the steeds in Socrates’ Symposium—only those horses represent garden-variety eros sublimated to love of eternal moral verities, to which Augustine substituted “God.”

The full essay is at "RBI Overheating India's Economy."

Pope Leo: Poised against Plutocracy?

Poised as the “new Leonine era,” worded as if gilding the proverbial lily as if a golden ring, the installation of Pope Leo XIV reinvigorated Pope Francis’s preachments on the poor and economic inequality because Robert Prevost chose Leo in large part because of Pope Leo XIII of the late nineteenth century, whose “historic encyclical Rerum Novarum, addressed the social question in the context of the first great industrial revolution.”[1] Due to “his choice of pontifical name and his mathematical and legal training, Pope Leo XIV has awakened hope and curiosity among the faithful and the more secular world about the influence the Catholic Church could exert on the economic world during his pontificate.”[2] In the exuberance of a new pontificate, it is easy to get carried away with excitement as to possibilities. Amid Russia’s invasion of Ukraine and Israel’s crime against humanity in Gaza, no one could be blamed for seeking out hope wherever it could be found. Nevertheless, it is important to keep in mind just how marginal the calls of conscience can be, given the onslaught of greed not only in the present day represented by powerful corporate (and related) governmental interests, but also in greed’s institutional accretions built up over time that have a force of their own in protecting the economic (and political) status quo.

The full essay is at "Pope Leo."

---

1. Sergio Cantone, “How the Pontificate of Pope Leo XIV Could Influence the World Economy,” Euronews.com, May 18, 2025.
2. Ibid.

Political and Economic Elites

I submit that in virtually every political party, a distinction can be made between the “rank and file” and the political elite. Kamala Harris may have lost to Donald Trump in the 2024 U.S. federal-presidential race in part because Harris had not spoken out enough on economic issues amid soaring inflation on groceries and rents to gain traction with Democratic and Independent voters who had had enough of the “woke” ideological agenda, which includes, for example, moral pressure and even demands that people announce their “pronouns” before speaking. Although President Biden had initiated some anti-trust judicial action, the industry-oligopoly of meat producers, for example, was left untouched. So too were the mega-grocery-store chains. Kroger was later found to have spiked egg and milk prices above the increased costs with impunity, yet Harris did not suggest that the Sherman or Clayton anti-trust acts should be taken out of the garage for spin on the American judicial highways that connect the rank-and-file party-members to party elites mainly in New England, New York, and California. I contend that U.S. Senator Bernie Sander’s anti-oligopoly speeches in conservative Congressional districts gained such numbers in 2025 precisely because the Democratic Party’s elite had lost touch with the party’s “rank and file” voters on economic issues.[1]

The full essay is at "Political and Economic Elites."

---

1. An oligopoly is an industry in which a few companies dominate. An oligopoly is between a monopoly and a competitive market. Prices on products can be higher than necessary, the surplus revenue going to profits. Sellers are price-takers rather than price-setters in a competitive market, whereas companies in an oligopolistic industry have sufficient market-power to set prices because consumers have few choices.

Hindu Dharmic Leadership

At Harvard’s Bhukti Yoga Conference in 2025, Ed Anobah spoke on dharma (right-acting) leadership as a means of making progress in solving societal problems using Hinduism’s spiritual tradition of bhukti (devotionalism).  Anobah based his talk on the book, Leadership for an Age of Higher Consciousness by D. T. Swami. In the Bhagavad-Gita, Krishna says that what great people do, other people follow. What constitutes healthy, impactful leadership? The ideal leader in Hinduism is also a great sage, like Plato’s notion of a philosopher king. Leadership that deals wholistically with the human condition by exemplifies the character of a leader, which does not mean that only highly educated persons can or should be leaders. Rather, “everyone is a leader,” potentially, and “we are all leading our own life.” Each of us is a leader potentially for other people on the interpersonal level. Each of us can inspire other people. Anobah claimed that certain universal principles of leadership can apply across the board. I submit that this view is vulnerable to being too utopian when it is applied in the business world. Being realistic as to possible practical difficulties and even limitations in applying dharmic leadership in business (and government) is advisable. Even there being different metaphysical assumptions can get in the way, practically speaking, as compassionate leadership runs up against the profit-motive in business. 

The full essay is at "Hindu Dharmic Leadership." 

On Embodied Souls in Business: Hinduism and Christianity

A man whose chosen Hindu name is Vridavanath spoke at Harvard’s Bhukti Yoga Conference in 2025 on the plight and ultimate aim of an embodied soul as described in the Bhagavad-Gita. A conditioned soul/self (atman) that has entered the material realm and is thus subject to karmic consequences can come back to the divine source of all: the One that is in all. As material, embodied beings while alive, that is, as both biological and spiritual, we are prone to getting locked into dualities of attachment and aversion, which in turn play right into suffering. We forget that we are wearing material masks, and that our real identity (atman) is greater than our material roles that we assume in our daily lives. Through our actions, we bind ourselves by the law of karma. Before being born into the material realm, a person’s unembodied soul (atman) knew Krishna, but as embodied, the soul/self relates to other corporeal bodies rather than to other people as spiritual beings and thus in compassion. Why does Brahman or Krishna—the respective impersonal or personal notions of Absolute Truth—create the world with separateness from the divine included?  Furthermore, how is a devotee of Krishna to navigate working in business, given the separateness woven into the very fabric of our daily existence as material and spiritual beings?

The full essay is at "On Embodied Souls in Business."

Is the Bhagavad-Gita Compromised?

Compared with Shankara’s non-dualist Advaita Vedanta theology, the Gita can be interpreted as a compromise between Shankara’s view and Vedic practices—essentially, between renunciation and ritual being done to get something. By this I do not mean to imply that the Gita is morally compromised; rather, I am using the word in the sense of reconciling different priorities and even relating seemingly disparate branches of a religion. In the Gita, Lord Krishna advises Arguna to fight in the upcoming military battle with equanimity as to the outcome, for attachment to desire and distancing pain both accrue karma, which in turn delays liberation. Prime facie, to be unconcerned with winning, or gaining economically, is morally superior to egoist pursuits. Superior to detached action may be the option not to fight or get rich at all, but instead to view the created realm as illusory and distance oneself even from being a doer or agent; earn enough to survive and otherwise try to come to know that one’s self is Brahman, which is Being itself, as conscious, bliss, and infinite. In straying from this, the Gita is not without problems. 

The full essay is at "Is the Bhagavad-Gita Compromised?"

Record Global Warming and Carbon Emissions in 2023: Exponential Population Growth and Beholden Governments

I submit that not enough attention is brought to bear on the root of the warming of the planet: the huge increase in human population in the 20^th century. More attention could also be directed to the disconnect between the warming running up against the 1.5 Celsius limit agreed to by governments in the Paris Agreement in 2016 and the still increasing amounts of carbon emissions from humans. Finally, the culpability of governments in not being willing to touch economic growth or corporate interests warrants attention. It as if an adult steps on a weight scale and realizes, I’ve never weighed this much in my life, and then eats ice-cream that very night. Unfortunately, the diffusion of responsibility can inhibit governments, industries, and an electorate from having the sort of cognitive dissidence that an individual who has a record weight and then eats ice-cream—not even low-fat!—should have. Such dissidence should trigger changes in conduct. Even so, business and government are comprised ultimately of people and thus have been culpable and are thus blameworthy.

The full essay is at "Record Global Warming." 

Time Magazine’s Person of the Year: Taylor Swift

Time magazine named the singer Taylor Swift as its person of the year for 2023. Such a force of nature were her stadium-filled concerts during that summer that they triggered economic booms in the respective host cities. In Pittsburgh, Pennsylvania, for example, hotel rooms went for as much as $2,500 downtown on the night of the concert. In terms of American culture, the analogy of gravity waves may fit. During an interview for television at her home (or one of her homes), Swift’s savvy business acumen was very evident; her marketing prowess was extraordinary. She even re-released her own songs, resulting in a huge financial windfall for what are really the same songs merely re-sung. It is not as if she had grown a new voice. Swift personifies American culture, whose “movers and shakers” seem “happy go lucky” on stage yet, behind the scenes, they tend to be lazar-focused on the business end. In short, considerable distance may exist between the societal image and the private business practitioner, and the ethical element can get lost in the shuffle and excitement. 

The full essay is at "Taylor Swift." 

Wall Street

Oliver Stone’s film, Wall Street (1987) was filmed in the midst of U.S. President Reagan’s push for financial deregulation. As a MBA student at the time, I volunteered to help a professor with his paper on financial deregulation. The theory behind why the NASD (the National Association of Securities Dealers) could self-regulate its members seemed solid enough to this idealistic youngster (i.e., me); I had yet to witness human nature in the field, and over decades. Similar to Marx overlooking the human need for economic compensation as an incentive to work on a daily basis (though I overlook it too in posting free essays online), I was blind to human nature in that I did not see that the NASD itself would protect even its most sordid members so to safeguard the reputation of the profession and, even more realistically, stick up for other “members” of the “club.” The Newtonian-like automatic mechanism whereby industry self-regulation would work was too beautiful to let human nature interfere. Similarly, when I worked in public accounting, I saw the “check mark” indicating that, “as per comptroller, discrepancy resolved,” was just one of several technical points in conducting an audit. The illusion of technique as somehow objective in the business world can shield practitioners from the ethical content. In case you’re wondering how this relates to Oliver Stone’s Wall Street, the antagonist Gordon Gekko is the poster child for greed, and thus the reason why the public should not rely on industry self-regulation to police Wall Street. Bud Fox goes headlong into being Gekko’s insider-trading protégé, easily ignoring conscience personified by Lou Mannheim even though he and Bud work in the same brokerage office. In Freudian terms, the id easily defeats the superego. It’s not even a close fight.

The full essay is at "Wall Street."

The Hebrew Bible on Wealth

The early Hebrews considered wealth to be an integral part of human perfection and, moreover, what ought to be.[1] The ideal man was wealthy and leisured, and yet occupied with honorable work.[2] In the Torah, as long as the Hebrews as a people obey God, including dutifully acting as stewards rather than as selfish exploiters of the land that God has provided, poverty should be nonexistent in Israel. “There need be no poor people among you, for in the land the Lord your God is giving you to possess as your inheritance, he will richly bless you, if only you fully obey the Lord your God.”[3] Blessed wealth is a reward for fidelity to Yahweh, whereas poverty here is indicative of, or even punishment for, disobedience, which will evidently always be the case in Israel, for, “There will always be poor people in the land.”[4] The conditionality leaps off the page, as does the notion of collective justice, and yet wealthy individuals, including business practitioners, are held to account. The ethic of work is upheld even though labor in Genesis is due to original sin, and poverty is eschewed as sin. 

The full essay is at "The Hebrew Bible on Wealth."

---

[1]. Charles R. Smith, The Bible Doctrine of Wealth and Work (London: Epworth Press, 1924), 21.

[2]. Smith, The Bible Doctrine, 22, 33-34.

[3]. Deut. 15:4-5.

[4]. Deut. 15:11.

Pope Francis: Religious and Secular Arguments for Governments Subordinating Markets to Social Norms

The documentary, Pope Francis: A Man of His Word (2018) chiefly lays out the pope’s critique of economic Man. The film begins with references to climate change too loosely linked to the global population figure of 8 million humans, 1 billion of whom are unnecessarily living in poverty. The viewer is left to fill in the gaps, such as that because as biological organisms we must consume and use energy, the hyperextended overpopulation of the species is the root cause of climate- and ecosystem-changing CO2 in the atmosphere and oceans. Arguably, the salvific Son of God or the means into the Kingdom of God enjoy pride of place in the gospels, but compassion for the poor as well as outcasts and the sick is indeed a message that Jesus stresses in the faith narratives. Rather than being a sign of sin, poverty, especially if voluntary,  can permit the sort of humility that is much superior to the pride of the Pharisees. In the documentary, Jorge Bergoglio, who took the name Francis in becoming pope of the Roman Catholic Church in 2013, is a practical man who points to the sickness or temptation of greed that keeps humanity from riding itself of poverty, unnecessarily. Moreover, the hegemony of the market, with its culture of consumerism and commoditization, comes at the cost of the common good, which to Francis has a spiritual basis. Abstractly speaking, harmony, which inherently respects its own limitations, should have priority over greed and markets. Both of these can go to excess without enough built-in constraints as occurred before and during the financial crisis of 2008, with poverty plaguing humanity more rather than less as a result.

The full essay is at "Pope Francis."

Authentic Corporate Social Responsibility during a Pandemic

"We’re doing a lot of social distancing,” U.S. President Trump claimed during his press conference on Coronavirus on March 23, 2020. The day before, he had said he is proud of the American people for voluntarily taking precautions. March 21st, I had been in a Target store to buy some necessary items. No one was "social distancing," including employees. A more accurate, and better understood term would be physical distancing, as it is more broadly applicable than socializing and the latter can be done at a distance, especially via telephone and the internet.[1] A day before, I had been in two grocery stores—two because one—a Safeway [Albertsons]—was missing so many hoarded items. I found no physical distancing at Safeway and Sprouts. The former was not that safe after all, and the latter's healthy-food was not being sold in a healthy way. It was as if the employees, customers, and managements were oblivious to the obvious risks, but the explanation may be more complex. I contend that it applies to corporate social responsibility too. For I also found that none of the store managers was making announcements or had signage to remind people to keep a distance from other people in the respective stores. On March 26, 2020, I again saw no physical distancing being done by employees and customers at a Safeway store; the store manager told me he would have a store meeting on the issue. In the meantime, not even periodic announcements would be made. This is known as erroneously applying status-quo management procedures in a state of emergency. Also, Safeway's store management had not acted proactively to ration products such as toilet paper and cleaning products that had been voraciously grabbed off the shelves by herd-exuberant customers in a panic mode. In short, I submit that the unique business conditions of the Coronavirus pandemic can be used to assess whether corporate social responsibility is real or merely a marketing tool.

The full essay is at "Corporate Social Responsibility during a Pandemic."  

How actually safe was Safeway during the pandemic?

1. "It is important for us all to realize that when they recommend 'social distancing' . . . what health experts are really promoting are practices that temporarily increase our physical distance from one another in order to slow the spread of the virus." Cecilia Menjivar, Jacob Foster, and Jennie Brand, "Don't call it 'social distancing'," CNN.com, March 21, 2020 (accessed April 4, 2020). 

Financial Scandal in the Vatican: A Historical Perspective on Christian Economic Ethics

In the history of Christian economic thought, theologians, with the exception of Clement of Alexandria, interpreted the biblical story of the rich man who refuses to part with his wealth in order to follow Jesus as meaning that having wealth is itself indicative of the presence of the underlying sin of greed. The dominance of this anti-wealth paradigm only began to give way during the Commercial Revolution in the eleventh and twelfth centuries, when the expansion of trading made it possible for ordinary people to save, and thus hold wealth without any sense of an underlying sin. Hence, Aquinas differed from Aristotle in allowing for moderate profit without the assumption of any underlying greed. In the Renaissance, theologians generally agreed that the Christian virtues of liberality and munificence could justify even being rich. Even Cosimo de Medici, who made his fortune from the sin of usury (i.e., interest on loans), gained the approval of the Pope in Rome by donating a fraction of the fortune to the Church. Under the dominance of the pro-wealth paradigm, Christians could be wealthy without being assumed to be greedy.[1] As for the Church itself being able to hold wealth, the collective wealth, gained from donations and selling goods, of monasteries in the Middle Ages was the door-opener. It was not as if a greedy individual could be said to exist if a religious organization owned the wealth. Aquinas approved of such wealth, a stance that, with his approval of moderate profit earned (and held as wealth) by individual Christians, began the shift that would result in the hegemony of the pro-wealth paradigm.[2] Unlike individual Christians holding coin without being presumed greedy, monasteries owning substantial wealth could be subject to a critique based on Jesus’ objection to money-changers in the Temple. When I visited a convent in Tucson, Arizona once, a sister rebuffed my request to pick a couple of oranges from the trees behind the building. “We make juice that we sell,” she replied. I had the impression that I had witnessed greed over charity in a religious vocation. Such hypocrisy, enabled by the allowance for collective monastic wealth, rivals Pope Eugene IV’s absolution of Cosimo de Medici, in spite of his fortune having been gained entirely from usury, because he renovated a monastery in Florence. This historical background can help us situate the Vatican’s financial scandal that culminated in five Vatican officials being suspended in 2019.

The full essay is at "Financial Scandal in the Vatican."

---

1. Skip Worden, God’s Gold: Beneath the Shifting Sands of Christian Thought on Profit-seeking and Wealth, available at Amazon. The related academic treatise, Godliness and Greed, is also available at Amazon.

2. Ibid.

Managers Going too Far: Targeting Linguistic Over-Reaches

The practice of using words beyond their contexts such that the words’ meanings are tortured and yet are pretended not to be was a trend in modern America during the 2010’s. The business manager instigated the trend in order to “gild the lily,” which means to claim more than is warranted or merited. Astonishingly, people dismissed or perhaps even didn’t recognize such over-reaches. Perhaps as long as people have used language, egos gripped in the pursuit of gain have presumed that keeping to a word’s extant meanings in a language is somehow optional.

The full essay is at "Managerial Over-Reach."

On the Pull of Religious Belief

John Blake of CNN asks, “Have you ‘walked the aisle’ to ‘pray the prayer?’ Did you ever ‘name and claim’ something and, after getting it, announce, ‘I’m highly blessed and favored?’ . . . If this is you, some Christian pastors and scholars have some bad news: You may not know what you’re talking about. They say that many contemporary Christians have become pious parrots. They constantly repeat Christian phrases that they don’t understand or distort.”[1] Making matters worse, such Christians treat their religious beliefs as if they constitute knowledge. This, as well as the presumed wherewithal to claim anything due from God, is highly impious and yet the claimers are certain that they have true belief.

The full essay is at "Religious Belief."

---

[1] John Blake, “Do You Speak Christian?” CNN, July 31, 2011.

Ownership and Compensation Conflated: The Case of Bill Gates and Paul Allen at Microsoft

Paul Allen claims in his memoir that Bill Gates tried on more than one occasion to reduce Allen’s relative ownership interest in Microsoft. Of course, the veracity of Allen’s explanation can be questioned even if the ownership changes in percentage terms are a matter of public record. Whereas The Wall Street Journal focused on Allen's credibility in making his claim, I see a case study on the difference between ownership and compensation for labor.

The full essay is at "Ownership and Compensation."