Charlie Munger has a fantastic quote about money, privilege and impact:
“People should take way less than they’re worth when they are favored by life… I would argue that when you rise high enough in American business, you’ve got a moral duty to be underpaid—not to get all that you can, but to actually be underpaid.”
I am sickened by the bonus payments of CEO’s but here’s the thing, I am a cup half full kind of gal. Imagine if these takers woke up tomorrow and invested a small percentage of their bonus payments away from themselves? Imagine if they decided to contribute some of their bonus wealth. But we have awakened into this utopian world where drinking water is available and jobs are waiting, medical services are accessible and affordable and did I mention education is free. Oh yes, their individually small contributions could change the face of the earth.
As miracles go this is pretty out there but I believe in the human endeavour. I am a dreamer and can imagine a time when the monetarily wealthy will have an epiphany of giving away from themselves and into the need of others. What if the contributions we made were greater than the compensation we received.
I am participating in the A-Z Challenge. You can find out more about the challenge here.