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Andrew Donaldson

Born and raised in West Virginia, Andrew has been the Managing Editor of Ordinary Times since 2018, is a widely published opinion writer, and appears in media, radio, and occasionally as a talking head on TV. He can usually be found misspelling/misusing words on Twitter@four4thefire. Andrew is the host of Heard Tell podcast. Subscribe to Andrew'sHeard Tell Substack for free here:

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33 Responses

  1. Oscar Gordon says:

    I can’t decide if corporate culture draws in such people, or if such people are just especially suited to succeed in business and thus set the corporate culture.

    Either way, I wonder at times if we as a society weren’t too quick to do away with tar & feathers.Report

    • JS in reply to Oscar Gordon says:

      Sociopathy and lack of empathy are, in fact, well rewarded in corporate culture.

      Empathy and conscience hinder profits and are thus damaging to shareholder’s interests.

      Someone with, for instance, the slightest hint of a conscience would not have flooded West Virginia with a drug designed to get them addicted, uncaring of their eventual death or problems, as long as as much money as possible was extracted from them first.

      A company that isn’t trying to take all your money, damn any law whose fine is less than the profit, and certainly damn any ethics, is one that isn’t maximizing shareholder value.

      it’s not so much “corporate culture” as it is “corporate success”. Always be closing and whatnot. There’s no room for feelings.

      Charles Stross had some thoughts on it (http://www.antipope.org/charlie/blog-static/2018/01/dude-you-broke-the-future.html) wherein he points out that we already have AI, it’s very much in charge, and has been for some time. It’s just large and slow and called “corporations”.

      And as he ends — it’s a paperclip maximizer sort of AI, and humans are the paper.Report

      • Oscar Gordon in reply to JS says:

        Always comes back to the idea that shareholder profits (rather than stakeholder interests) rule all.Report

        • Doctor Jay in reply to Oscar Gordon says:

          I tend to agree.

          What I find most interesting is that it wasn’t always understood that shareholder’s interests trumped all other interests. This is an idea that dates back only to the 1980’s or so. It doesn’t have to be that way.

          Unless you happen to think that America before 1980 was a terrible wasteland with poor economic growth, we have stone cold evidence that things could be different and still work very well.Report

          • Oscar Gordon in reply to Doctor Jay says:

            I doubt Friedman’s intent was to grant executives carte blanche to be irresponsible towards anything except making profit, but as an economist, he should have seen the unintended consequence of that theory.

            Or perhaps he did see it, but expected legal or political action (or perhaps shareholder action) to act as a check on those consequences.Report

            • Institutional investors and mutual funds existed i Friedman’s day, and were only getting larger. He understood incentives too well to think either of them would give a crap about corporate ethics.Report

            • ronny in reply to Oscar Gordon says:

              guys like chris zimmerman pretend to wonder why people like me feel violent towards them. but really its a show a front they know why and they know someday it will come.

              why make excuses for old milton. he is on record many times emphatically making exactly that point: corporations and the people behind them should always and only focus on profits.

              as you know uncle milty was refuted and shunned because of his extremely wacko pov until nixon closed the gold window.Report

    • I have been amazed for at least 25 years about management’s — and in particular senior management’s — inability to learn that e-mail is not a casual remark made in passing to a peer that you know shares your particular biases. It’s a memo, dated and effectively signed, put in a filing cabinet somewhere just waiting to be discovered by opposing lawyers. Heck, Bill Gates nearly got his company busted up on the basis of some poorly worded e-mails. It doesn’t seem like they’ve gotten any better.Report

      • Oscar Gordon in reply to Michael Cain says:

        It’s because senior management has an inordinate amount of narcissistic and sociopathic individuals who are unable to grapple with the idea that they can be held personally accountability for anything.Report

      • Chip Daniels in reply to Michael Cain says:

        But surely a Facebook video of me screaming deranged gibberish through the mailslot of a Congressperson can be safely deleted if it later proves embarrassing, right?

        I mean, I even dragged it into the Recycle bin on my desktop!Report

  2. Rufus F. says:

    This is a great response.

    Does anyone remember years back when Michael Moore made the “clever” argument that, if corporate heads really believed that markets should be totally unrestricted, they’d all be selling crack? The joke was that *nobody* could picture something that crazy and socially-destructive ever really happening! Haha! That one’s not so funny anymore either.Report

    • Thank you Rufus, that means a lot coming from youReport

    • LeeEsq in reply to Rufus F. says:

      Wasn’t corporate drug pushers the basic plot of A Scanner Darkly?

      There were more than a few people that were kind of dubious about legalizing marijuana because they didn’t want Big Tobacco getting involved in the legal weed industry. Like imagine what could happen if Philip Morris could sell marijuana and other drugs. Nothing good really, although marijuana is less dangerous than tobacco.Report

  3. Great piece. Thanks for sharing it.Report

  4. Jaybird says:

    Following further questioning of Zimmerman, U.S. District Judge David Faber denied the introduction of more emails exchanged between members of his team, despite acknowledging that they revealed insight into attitudes within the company at the time.

    This judge ought to be recalled.Report

  5. LeeEsq says:

    Lawyers are frequently dismayed at the inability of people to keep quiet.Report

    • Chip Daniels in reply to LeeEsq says:

      “I had the right to remain silent….But not the ability.”Report

    • Jesse in reply to LeeEsq says:

      I forget where I read it, but in some crime novel, a remember a line from a detective of the novel as basically, “Sherlock Holmes never actually existed. We work hard and sometimes get lucky, but mostly, people are dumb, loud, and happy to hang themselves.”Report

  6. Paul Meisel says:

    One more joke for you:

    People from West Virginia resent incest jokes. People from [fill in state here] resemble them.Report