Mr. Iacocca, perhaps I am not wealthy enough to be allowed to make conclusions. Perhaps I have not made it to the top of the heap, as others have done, so I am simply a stupid intellectual to be ignored.
Nevertheless, my recent reading of essays about the wealthiest persons in the world, Andrew Carnegie, I may have stumbled across the answer to the question you posed in your 2007 book, Where Have all the Leaders Gone?
Andrew Carnegie believed CEOs of corporations had to learn what work ethic is and that those who inherited wealth don’t know what true work ethic is. Therefore, these people should not lead. They become false models for those who work for them. The problem of work ethics lies not in the workers, but in the leaders.
In order to fix this idea of “work ethic,” the late Kenneth Lay and other living stupid leaders force the Ayn Rand “ethics” or “virtues” of selfishness and greed – espoused by Greenspan and Paul Ryan – upon employees like a communist leader or the pope, elders of Mormonism, and the late Jerry Falwell of the Southern Baptists (and other leaders) claim there is “utopia” if people only follow one way of thinking.
There is no objection to the role greed and selfishness played in the rise of the poor son of Scottish Presbyterian immigrants, wealthy tycoon, Andrew Carnegie, to the accumulation of massive amounts of wealth (when considered for the days he lived). There is no denying statements by 18th-century economist, Adam Smith, in the claim capitalism should be free of interference. But to embrace ONLY these statements to validate Ayn Rand’s irrational thoughts about “virtues” or Barry Goldwater’s irrational statements about greed – there is a virtue in NOT “compromise” – is absurd.
Mitt Romney admires Goldwater’s nonsense “virtues” and Paul Ryan admires Rand’s nonsense “virtues.” Both fly in the face of one of the wealthiest men in the world. Andrew Carnegie also believed the wealthy have a duty to society.
Mr. Carnegie lived at a time when unions had not been established, so he agreed with the others in his management cronies. They were all against unions. But his reasoning was based on the fact that HE insisted he never had any assistance (or so he claimed – and he is wrong) to earn his wealth. A teacher had assistance from my mother, became wealthy and departed from the teaching profession, and then spurned my mother. How many wealthy ones like him disavow the assistance they received from peons along the way? Thus, it is right for unions to provide assistance to those who don’t have it. The problem, as you point out in your book, Mr. Iacocca, is when unions become as unreasonable as the wealthy CEOs have also become.
Romney received help from Daddy. Paul Ryan had an attorney as a father who likely made more money than teachers. George W. Bush had assistance from his daddy and made a LOUSY leader (as pointed out in your book, Mr. Iacocca). These are all lousy leaders who have inherited wealth.
Barack Obama worked his way up. Joe Biden worked low-paying blue collar jobs as he worked his way to the top. By Andrew Carnegie’s standards, the choice is clear. Obama and Biden.
Perhaps there are some detected levels of imperfections in these two guys. Perhaps the same can be said about Andrew Carnegie, too. When these two guys “step on toes” of others – as Romney / Ryan do all the time – the roar of Fox Noise is deafening. My bet is that Andrew Carnegie never had that kind of sabotage, but even if he did, his extreme wealth could shut it down immediately.
The problem lies in racism, too. After all, who are the guys who have likely inherited the wealth today? Stupid white men who carry a hidden objection to African Americans or Hispanics working their way to the top. Deceptive men (and women?) who live in denial of their hidden racist attitudes. And yes, there might be disappointed good white Anglos who are passed over, due to affirmative action. But why do these idiots continue to vote for stupid white men like Bush, Romney, and Ryan, rather than work together with those who recognize the value of diversity? Actually, I have heard African Americans, perhaps familiar with Andrew Carnegie’s success, who have spoken out against affirmative action, too.
Where have all the leaders gone, Mr. Iacocca? Perhaps this blog provides some answers. But who the hell am I? Nothing but horse shit, don’t you know?