SELF-INTERESTS: REAL and PERCEIVED Part I
July 24th, 2010Fundamentally, as everyone knows, we all operate from the standpoint of self-interest. But, in order to pursue our self-interest we must be able to recognize what truly is in our self-interest. Certainly, in the most fundamental sense, survival, self-preservation, is in our self interest. So, at the very least, we do not want to do anything to jeopardize our chances for survival. But there is always risk taking involved with the business of survival.
Taking risks is perfectly natural for most of the life forms on earth. They have to take risks in order to go on living. The very things they must do in the interest of survival threaten their survival.
A rabbit, for example, has to continually leave the safety of its den and expose itself to predators in order to indulge in the survival practice of eating. It is not unaware of the danger as it is ever scanning its surroundings for approaching predators as it nibbles its food. The danger the rabbit puts itself in must, of course, take a backseat to the necessity of its taking nourishment.
Survivability then is threatened by acts of survival. One cannot go about the business of surviving without putting one’s survival in jeopardy. That, of course, is no reason not to go about pursuing one’s survival.
But, then again, one has no choice in the matter. In order to live one is compelled to eat and in order to eat one must take risks.
One participates in this risk/reward arrangement by virtue of one’s own nature with respect to the natural world – it is all orchestrated by the nature of things. - and Homo Sapiens are no exception.
This state of affairs, being naturally ordained, works best in a natural setting - where all participants are held within the immediate, real-time natural scope of things. Everyone knows how to go about pursuing self-interest and everyone knows the risks involved and it is all wrapped up in a moment to moment existence.
It’s important to note that, while individuals are put at risk, the groups, colonies, tribes etc. are not. The existence of a colony of rabbits, for example, is not threatened by the necessary risk-taking on the part of its individuals.
The same holds true for a primitive tribe of Homo Sapiens. The moment to moment behavior on the part of such a tribe is what assures its existence in perpetuity. The future of the tribe is palpably realized through all of its momentary activities. Natural disasters notwithstanding a tribal people, confident in the pursuit of their short term self-interest, might say, “What sustains us now will sustain us in the future.”
One cannot say the same for civilizations - what sustains them now will not necessarily sustain them in the future. Indeed, what sustains them now can and does threaten their future.
Such has been the case from the onset of civilizations. The city of Ur, for example, where the very agriculture it depended upon for its existence actually sowed the seeds of its destruction.
In their civilized setting the people of Ur were not able to assess their long term self-interest in their short term survival activities with the assurance enjoyed by a primitive tribe. Being unsophisticated about the ways of farming they imagined that all it entailed was plant seed, grow crop, harvest and consume. Ignorant in matters of soil erosion and depletion their once fertile farmland eventually became a barren wasteland and the City of Ur was no more.
The people of Ur thought they were acting in their self-interest. They thought that what sustained them in the present would go on sustaining them in the future. After all, that was their natural inclination. But, unbeknownst to them, civilizations tend to mess with the nature of things in ways that make it difficult to asses long term consequences while pursuing short term interests. This holds true on a collective as well as an individual basis.
Now, again, what all this comes down to is survival. And survival is, of course, uppermost in our self-interest, always was, always will be.
This was a simpler state of affairs in primitive times when basic self-interest was all about basic survival within the symbiotic arrangement of the natural world. What civilizations do in the name of their survival, in the name of their self-interest oftentimes turns out to undermine symbiosis with the natural world. For a primitive tribe it was rather obvious what their self-interest was and how to go about pursuing it. There were dangers and risks involved in their survival activities – from predators, for instance, who posed a mortal threat to individuals.
But it was the survival of the tribe that was paramount. The tribe provided the best chance at survival for each of its individual members. Every individual knew that their survival was dependent on the tribe they belonged to and, so, they were naturally inclined to contribute in whatever ways they could to promote the ongoing welfare of the tribe as a whole. There was a natural symbiosis between the tribe and its members that knit them together as a cohesive unit. What was in the self-interest of the individual was in the interest of the tribe and vice versa.
Civilization blows that arrangement apart. Members of civilized societies are cordoned off into separate hierarchical classifications where self-interest becomes problematical. What serves the self-interest of a civilized society does not always serve the interests of an individual and vice versa.
This has to do with the differences in how one’s membership in a tribe vs a civilized society is contracted. We were compelled by the force of nature to be part of a tribe. That compulsion came from within us and in that sense it was freely chosen. And it was positively reenforced on a daily basis through the palpable benefits of belonging to one’s tribe. There was a real sense of belonging engendered in the crucible of tribal life. In a civilized society, however, one is compelled by forces outside oneself to abide by laws imposed on one by the ruling class. Laws which benefit some at the expense of others.
Contrary to a tribal situation, then, one does not always feel that one’s self-interest is benefited by the civilized society that one is forced to exist in. So, individuals do not necessarily feel themselves to be an intrinsic part of a civilized society as thery once did as members of tribes.
Now, while a civilized society does serve to remove the need to attend to basic survival regimens on the part of its individual members it does not remove their survival instinct. Nor does it remove the risky business involved with survival.
Survival in civilized settings is centered around money. For the most part individuals get money by preforming specialized tasks that contribute to one enterprise or another that supposedly, in turn, contributes to the society as a whole. In other words one serves one’s self-interest by making money by working in a company whose business contributes to the GDP. And that is deemed to be a boon to the survival of the society as a whole. But, just as in the City of Ur ,where a farm worker was thought to be contributing to the survival of the society as a whole but was actually doing the opposite, a worker in a modern society doing a job in a particular industry that contributes to the GDP may be doing more harm than good as far as the big picture is concerned.
As tribal people we could not lose sight of the big picture it was plain to see in everything we did but burrowed into our little civilized cubicles, engaged in our momentary industriousness, mesmerized by the tunnel vision of making money we can and do lose sight of it. And so it becomes problematic to identify what is truly in our self-interest and what is not.
Money is the one and only means of survival. Money engages our survival instinct, as individuals and as individual companies. It engages the survival instinct in a way that can isolate self-interest from the big picture. And, so, a perceived self-interest can trump everything else.
The self-interest of individuals and individual companies they are employed by can become entwined so as to be indistinguishable. But not in the way tribal members are entwined with their tribes, where the self-interest of the one benefits the other. Within a business, for example, an individual’s self-interest can override and damage the interests of the business. And the results can be disastrous.
Inexorably engaged by a survival instinct that is riveted to the idesa of making more and more money one becomes disengaged from everything else. Like reality, for instance. And so, a perceived self-interest obscures real self-interest making it very difficult to make sound judgments regarding risk/reward factors of the big picture.
It may be natural to downplay risks in favor of rewards but it’s downright suicidal to ignore them altogether. Especially in the natural world where becoming too engrossed in a meal advantages predators. In a civilized setting ignoring risk in favor of a perceived self-interest can also have such dire consequences.
Companies like Enron, Lehman Brothers, British Petroleum, et al, believed that they were acting in their own self-interest while in retrospect one might think they were hell-bent on destroying themselves. They were operating with respect to a perceived self-interest that undermined real self-interest. If they had been operating with respect to the big picture their real self-interests would have been plain to see.
BP, for instance, would have been extra conscientious in seeing that all emergency safeguards were in place and functioning. Perhaps BP now has a better sense of their real self-interest. Just in terms of the financial loss it has incurred from the oil rig explosion in the Gulf of Mexico it must be evident that it would have cost far less to have had all safety devices in place and functional rather than having to contend with an out of control gusher a mile under the sea.
It might be too much to ask that BP executives be concerned for the natural environment they operate in and feel remorse at the damage they have caused to the Gulf of Mexico. For them the Gulf is there to serve their business interests.
But, again that is ignoring the big picture. Natural environments are part of the big picture and must be conscientiously considered as part of a truly enlightened and therefore real self-interest.
However, had BP merely been duly concerned with covering their own butts by having all the appropriate safeguards operational then that in turn would have served to protect the natural environment as well. Real self-interest encompasses the big picture.
And the executives at Enron, the smartest guys in the room as they liked to refer to themselves, did they really think that they were operating in their own self-interest? Probably. But it was a delusional self-interest. They replaced their real self-interest with a perceived self-interest that was determined merely by high quarterly earnings, which were the result of cooking the books. They knew the earnings were not based in reality but chose to ignore reality in favor of phantom earnings. Their perceived self-interest then took precedence over their real self-interest. And this, of course, led to the catastrophic collapse of the Enron corporation. If the executives were truly self-interested they would not have been in the business of committing fraud. By operating with respect to perceived self-interest they sowed the seeds of their own destruction. If they had pursued their real self-interests they would have conducted business in a forthright manner, which would have also served the interest of their company and its shareholders. Real self-interest, then, serves the interests of others as well.