25 January 2023
An Alternative Reward Structure
We get it. Those of us who try to discover and determine what needs to be done depend on others to get it done. We accomplish things better when we work together. In a liberal democracy, both halves of the team must respect the other.
Our system
has been built on rewarding the conceptualizers a lot better than the
doers. It has congratulated those who
have been able to amass great wealth for their occasional donations to improve
the welfare of those who have earned less or even nothing for their
contribution to global progress—actually producing the physical artifacts of
society and its essential procedures.
It is this
latter sector of society at whom the eleemosynary efforts of society’s leaders
are supposedly targeted. However, members of the
workers group often know better how they could benefit from a portion of the
excess funds in the accounts of their leaders than administrators of those
funds do themselves.
For this
reason, monetary rewards to society’s leaders should be tempered in order better
to balance the levels of compensation to both human components of the
economy. Whereas the cost of satisfying
the aspirations of each group may differ substantially, there is little
justification for taking responsibility for providing those joys of life away
from the people who would receive them.
Part of those joys--medical, entertainment, personal possessions, etc.--comes
from constituting their makeup.
Certainly, the truly destitute should be cared for through charity; but
society’s doers must be rewarded commensurate with the crucial role they play
in the advancement of the economy, and not with charity.
Reducing the
large gap between compensation levels in a liberal democratic economic system will inevitably
diminish resentment of the “haves” by the “have-nots.” The recent political upheavals in the U.S.,
including an attempt at violent insurrection, may be obviated if the leadership
segment of the country were to recognize its interest in promoting the common
happiness of the entire society. This will begin with a willingness to revise
the leaders’ feelings of satisfaction from recognition by their peers for
contributing to the general welfare instead of for winning the race to
billionairedom. That will require new leadership with a compelling message for
both the conceptualizers and the doers.