Daily Archives: February 3, 2008

Greed

Today I got to attend the third installment of the “Seven Deadly Sins” Sunday school class at the Church of the Incarnation. We are taking them in order of increasing deadliness as detailed by Pope Gregory the Great, the original author on the topic. Lust and Gluttony were our first two, today was Greed. It was a much tougher and deeper topic I think.

To help begin the discussion on Greed, Mary (our class leader) brought in a column from Steve Blow at the Dallas Morning News. It was regarding a relatively new columnist at D magazine going by the pen name of Marty Cortland. In “Ramblings of a Rich Man” Blow investigates whether Cortland is actually a hoax satirizing wealthy snobbery among locals, or someone who actually makes complaints about the degree of opulence in his lifestyle and it’s attendant “complications.” The editor of D dispelled the mystery. The man behind Marty is real. As I read the column describing him, his wife and their attitudes I was reminded of one of my favorite Winston Churchill quotes. When meeting Lord and Lady Astor at a state function, Churchill is reported to have said: “Sir, if you were my husband I would poison your tea. Madam, if you were my wife I’d drink it!” Give it a read and, more importantly, follow the links to Marty’s actual works. I wouldn’t be surprised if you think similar thoughts to Churchill. But all joking aside, I truly do not envy Marty or his wife. I wouldn’t trade places with them.

After reading about Marty there followed some discussion about what constituted greed. We touched on related topics such as first world wealth versus third world destitution, the waste and worry of too many possessions, charity and taxes. The same gentleman who drew distinction between sexual desire and lust in an earlier class wondered about the difference between being providing for your needs and those of your loved ones versus being greedy. I think this goes to the point of needs versus wants – or you might say perceived versus actual needs. We didn’t pose this question, but who is to say which is which? What really caught my attention on this point was a definition of greed from Islam that Mary provided based on her research: “Greed is having or desiring more than what is required of a man to keep his back straight.” I must say that I really like that definition.

Think about it. If you don’t believe that you’re genuine needs are being met you are going to feel pensive or weighed down. It is unlikely in these circumstances that you will “keep your back straight.” Having been there myself in the past, I can identify with this. The things that you pursue in this frame of mind might very well be things that you don’t actually need, or things that won’t cause you to feel any better once in your possession. But arguably even such errors aren’t greed if you really believe that needs underly your pursuit. Complicating matters further is the operative question: Need for what? Survival? Health? Happiness? What do you need to “keep your back straight?”

Maslow’s hierarchy of needs provides an interesting backdrop to this question. Remember his pyramid? From the base up it lists needs as follows: physiological, safety, love/belonging, esteem, self-actualization. From a physical point of view you could argue that you don’t really need anything once your physiological and safety needs are met. I don’t think we run into people that are greedy at those levels very often – at least not in the modern United States. But what kind of life is it that stops at primitive needs? What kind of existence has no love or belonging, no esteem, no self actualization? I don’t think anyone would hold the pursuit of those things against another human being. It’s how we do the pursuing that can yield trouble.

People often want material things because they believe that having them will help them to “fit in” with others, in other words, having them will help them belong. Love is necessarily behind belonging, and the desire for love is almost impossible to overstate. Anything that a person perceives will help to fill a void of belonging or love will be desired intensely. I don’t think that any human being could “keep his back straight” for long without love. The fear of exclusion is therefore very strong, and I think it drives a lot of our materialism. It is at this point I make an intellectual leap about belonging and greed that I can’t quite explain at the moment.

I believe that there is good belonging and bad. Good belonging is fellowship among people that respect one another, that treat each other as equals in the eyes of God, that include each other as best they can. Bad fellowship results when people find community through a process of exclusion, by convincing themselves that they are more worthy than others through their works, their achievements or their possessions. Bad fellowship draws together on this basis. It is hard for me to feel sure about what is properly defined as Greed in the case of every kind of need, but in my mind desiring material things to achieve fellowship by exclusion is clearly Greed.

I think that this is what we find so repugnant in Marty’s narratives.

Microhoo?

What an ironic coincidence. Until just this week Yahoo! was my home page for about 12 years running. I liked the news feeds, the stock quotes and the speedy page loads. Despite that, I bet half the time or more my first click after the browser opened was to Google’s search page. Ever since it presented itself as a better alternative to Alta Vista so long ago I’ve been a Google search fiend.

After I got my second home here in Dallas and started blogging, however, the patchwork of my personal IT began fraying. Email with my Atlanta ISP, home page with Yahoo!, search with Google, contacts and inboxes and user names and passwords all over the place. Enough.

So over the past three weeks I’ve migrated most everything to Google and life has gotten a lot simpler and more manageable. My home page is now iGoogle instead of My Yahoo as of Wednesday. More than being convenient, I think it’s a significant improvement.

And then – almost to the day – Microsoft offers to by Yahoo! for a whole bunch of billions. Since I switched to Mac-based computing last year and to Google-based online applications this year I now watch this from a somewhat detached distance. I find that it’s not all that interesting to me as a user, but as a bit of a technologist and historian it is interesting from that angle.

Microsoft and Yahoo! each have been struggling a bit in different ways over the past few years. Yahoo! has clearly played a diminishing role to Google despite their best efforts, and Microsoft is increasingly hemmed in by regulatory powers and what has become a big burden in their core business. Windows carries decreasing relevance and increasing costs while containing way more stuff than any user needs it to or any regulator wants it to. When Windows users buying new PCs are downgrading from Vista to XP while long-time Mac users line up in droves to upgrade to Leopard, something is badly wrong. Yahoo’s problems seem somewhat one dimensional and “first mover” related. Microsoft’s problems are big, broad and damned difficult to unwind. It’s unclear to me how these two problem sets combine to make something better.

Peter Lynch once noted a couple of things that I find very interesting. The first is that fully 80% of mergers and acquisitions fail to meet the expectations set for the them. The second is that among those that do succeed, a big common denominator is that the buying company already has something it believes can add a lot of value when combined with the bought company – not the other way around. As a manager in a company that has bought more than a few, I can say that I believe this is a maxim that company officers should live by. I’ve read lots of speculation regarding what Yahoo! might bring to Microsoft, but little in the other direction. Integrating companies of any size is difficult. Integrating two leviathans like these quickly and to effect will take legendary management skill. Meanwhile, top talent at Microsoft continues to cash out. First Bill Gates and now Jeff Raikes are leaving. Some even speculate that Balmer will go later this year, though I doubt that.

Will these two companies combine to form something more useful to customers and more valuable to investors? Can they do so quickly enough to make a meaningful difference in their competition with Google?

As a business person, I have my reservations but admittedly do not know. As a consumer I find that I increasingly do not care.