Announcement

Collapse
No announcement yet.

DEI, ESG, privilege, and merit

Collapse
X
 
  • Time
  • Show
Clear All
new posts

  • DEI, ESG, privilege, and merit

    'Nature vs, nurture' used to be a philosophical topic. These days, it's a political topic. Bear with me, on this one.

    A few months back, I happened across a podcast from Mike Rowe, best known as the TV reality star in 'Dirty Jobs', as well as the narrator on a number of documentary/reality shows like 'Deadliest Catch'. He is engaging, personable, and superb as a host of these shows, with an exceptional voice and speaking tyle.

    Rowe is also a huge advocate of education in the trades, as an alternative to careers requiring a four year degree... and for this, I commend him. I believe he is absolutely correct; not everyone is suitable for a formal academic career, and trade education can often lead to good jobs with surprisingly high remuneration, as anyone who has recently hired a plumber or electrician may be able to attest. He has testified in front of Congress in support of trade education on a number of occasions.

    On the other hand, Rowe is also a very conservative guy, politically. While I don't regularly listen to his podcasts, I know that most of them are apolitical. On the occasion I listened to him a few months back, his show consisted of an interview with Vivek Ramaswarmy, a little known candidate for the Presidency, with a very conservative (or more appropriately, radical) agenda, depending on your point of view.

    The interview piqued my interest, because one aspect of the discussion involved Ramaswamy's objection to DEI (diversity, equity, inclusion) and ESG (environmental, social, governmental) movements, arguing that they are inherently racist in nature. This is by no means the most extreme of his views; he also advocates changing the voting age to 25, except for those in the military, first responders, or those who can pass a civics test. In short, he endorses the notion that college admissions should be based exclusively on academic merit.

    To be fair, there's hardly any question that Ramaswamy is a very intelligent person. He graduated Harvard summa cum laude, was elected to Phi Beta Kappa, and has a law degree from Yale. He founded a successful biotech company, followed by an asset management firm, and is worth an estimate $600M today.

    The interview aroused my ire, mostly because indirectly, he endorses the well known myth of the 'self-made man'. There is, of course, no such thing; every one of us is mostly the product of our upbringing, experiences, and, for want of a better word, our 'privileges'.

    Just to illustrate the point, let's consider a few of the most successful people in America... if success is defined as financial performance, power, and influence. Ramaswamy knows little of 'bootstraps'. His father was an engineer and patent attorney, and his mother was a geriatric Psychiatrist. I think it's pretty fair to presume that Ramaswamy isn't paying off any student loans. But it is also pretty clear that his parentage and upbringing were profound influences (and probably motivations) to succeed.

    Jeff Bezos? His father was an engineer for Exxon, and his maternal grandfather was a regional director for the Atomic Energy Commission. Bezos eventually became his high school valedictorian and was National Merit Scholar. He graduated from Princeton with an engineering degree, summa cum laude.

    Bill Gates? His father was a prominent lawyer, and his mother served on the board of directors for First Interstate BancSystem and the United Way of America. Gates's maternal grandfather was J. W. Maxwell, a national bank president. While he built Microsoft in a 'ground up' low end environment, his successful partnership with IBM (who chose to use MS-DOS on the first PC) was greatly assisted by his mother introducing her son, to IBM's CEO.

    Warren Buffett? He was the son of a congressman.

    I am NOT arguing that all of these icons of American capitalism were bereft of talent and merit; quite the opposite is likely to be true. There are undoubtedly plenty of individuals with similarly advantaged upbringings who never managed to achieve their own dreams, despite the potential assistance of their growing years. Ramaswamy, Gates, Buffett, and Bezos leveraged their privilege to the max, and succeeded beyond probably even their own dreams.

    But one has to wonder about the missed potential of all the individuals who might have excelled just as much, if only they had the same sort of background, especially the influence of parents and family. It is true that we can anecdotally point out people who grew up in impoverished circumstances and became very successful. As Milton Friedman once remarked (and I'm paraphrasing a bit here), "In America, success is largely a matter of luck.. the luck to be born to the right parents."

    It is in this context, that the argument about 'merit' as being the exclusive criteria for admission to a good college and a career path, really burns my ass. Things like DEI and ESG are not racist or discriminatory... they are just acknowledgements that academic merit alone is a poor predictor of the future success of potential candidates... nor is it fair to those who were not born to privilege.

    Everyone has their own anecdotal evidence, and I'm no exception. Purely as an example, my younger daughter graduated Tuft University cum laude, is now the CEO of a $20M public relations firm, and she's barely over 40. To what can I attribute her success? I'd like to think that it has been entirely her ambition and drive to achieve her goals...

    ...but I'd be a fool not to acknowledge that I encouraged her to achieve academically, fully paid for her education, because I believed it was my responsibility to do so.. and even more than that, the generosity of her grandfather (my father) who lived well below his means in order to establish educational accounts for all his grandchildren. It didn't hurt that her parents were similarly educated, and had successful professional careers. Yes, she was privileged... and I make no apologies for that.

    But in light of the above, we would be simply wrong not to acknowledge that lack of this kind of privilege, while not exclusively precluding academic or career success, is a massive stumbling block for millions of Americas. Yes, there are exceptions; my college roommate, for a very poor family without and role models, relied on scholarships to earn first a bachelors degree, a masters degree from Stanford, and a doctorate from the University of Rhode Island... and has had a successful career as a professor of mechanical engineering and the head of the ME department. You won't find very many young black men with a similar background who achieved as much.

    In perhaps a few months, The Supreme Court will probably drive a stake through the heart of any remaining affirmative action programs... and with it, kill off the hopes and aspirations of every student born without privilege.

    So, when told to 'check your privilege', it doesn't mean that it's something to be ashamed of. The shame is that we let so many, without such privilege, see their hopes and aspirations thwarted.
    "Reason and facts are sacrificed to opinion and myth. Demonstrable falsehoods are circulated and recycled as fact. Narrow minded opinion refuses to be subjected to thought and analysis. Too many now subject events to a prefabricated set of interpretations, usually provided by a biased media source. The myth is more comfortable than the often difficult search for truth."







  • #2
    Re: DEI, ESG, privilege, and merit

    Exactly correct. Not sure what to add to this. As well, unclear how to change todays trajectory.
    There's a lot of things they didn't tell me when I signed on with this outfit....

    Comment


    • #3
      Re: DEI, ESG, privilege, and merit

      Ramasmarmy is but one more living illustration of a simple fact --

      Intellectual achievement and psychological health are not at all the same things. In fact, the former can actually be an impediment to the latter.

      As a corollary: achievement in one field does not imply competence in any other field.
      David G
      Harbor Woodworks
      https://www.facebook.com/HarborWoodworks/

      "It was a Sunday morning and Goddard gave thanks that there were still places where one could worship in temples not made by human hands." -- L. F. Herreshoff (The Compleat Cruiser)

      Comment


      • #4
        Re: DEI, ESG, privilege, and merit

        Nature vs nurture is a misleading dichotomy, development results from the interaction of those two influences. The college that has graduated the most bachelors who went on to be awarded a Nobel is City College of New York. It has consistently drawn its students from the lower socioeconomic strata, but has obviously drawn those whose families valued education. I interpret that to mean that culture has a large effect on academic success.

        Comment


        • #5
          Re: DEI, ESG, privilege, and merit

          +1 what Norman said. Watching Viveck makes me squirm with a desire to grab and throttle!

          Comment


          • #6
            Re: DEI, ESG, privilege, and merit

            I suspect that those who 'value education', more likely have sufficient family assets to allow thinking about more than the next meal. *somebody* has posted education vs financial standing.

            *suspect it was KW. Might've even been a graph or three.
            There's a lot of things they didn't tell me when I signed on with this outfit....

            Comment


            • #7
              Re: DEI, ESG, privilege, and merit

              Having chosen the right parents make lots of stuff much easier.

              Bill Gates? His father was a prominent lawyer, and his mother served on the board of directors for First Interstate BancSystem and the United Way of America. Gates's maternal grandfather was J. W. Maxwell, a national bank president. While he built Microsoft in a 'ground up' low end environment, his successful partnership with IBM (who chose to use MS-DOS on the first PC) was greatly assisted by his mother introducing her son, to IBM's CEO.
              Bill Gates' father wasn't just a prominent lawyer: he was a senior partner in what was probably the largest law firm in the Pacific Northwest, Bogle & Gates (later Bogle, Gates & Ellis).

              As a result of Bill Gates' choice of parents, he

              - Attended Lakeside School, a very exclusive, very expensive prep school here in Seattle. In the late 1960s/early 1970s, it offered students access to an IBM mainframe computer.

              - Attended Harvard (yielding more connections that he already had), and

              - Had a trust fund, which enabled him to drop out of Harvard and start Microsoft.

              Starting Microsoft was no- to low-risk: his trust fund could support him. And if it failed, he had the option to return to Harvard, and his experience would be great for getting into Harvard B-School for an MBA.

              He did have some luck though: IBM's first choice for an operating system for its new personal computer was Digital Research's CP/M, the dominant PC operating system of the day. IBM approached both Microsoft and Digital Research. Gary Kildall, who had written CP/M and owned Digital Research went flying the day of the meeting. DR and IBM did not come to a meeting of minds. Microsoft did not have a operating system of its own, but had licensed the right to market QDOS/86-DOS. They bought the rights to QDOS/86-DOS for $50,000, renamed it as MS-DOS, and cut the deal with IBM.

              So Gates+Allen may well have lucked out for no other reason than it was a beautiful day and Gary Kildall decided to go flying.
              You would not enjoy Nietzsche, sir. He is fundamentally unsound. — P.G. Wodehouse (Carry On, Jeeves)

              Comment


              • #8
                There is no question that a kid’s success or lack thereof is primarily influenced by how their parents raise them. Implying that this has anything to do with race, as you seem to be doing by bringing up Affirmative Action, has a strong whiff of racism. Idiot parents come in all colors and so do good parents.


                Sent from my iPhone using Tapatalk

                Comment


                • #9
                  Re: DEI, ESG, privilege, and merit

                  It would appear the only poster Implying racism- would be you, Dik. Surprising, eh?
                  There's a lot of things they didn't tell me when I signed on with this outfit....

                  Comment


                  • #10
                    Re: DEI, ESG, privilege, and merit

                    Originally posted by George Jung
                    It would appear the only poster Implying racism- would be you, Dik. Surprising, eh?
                    Not surprising at all.

                    One other note: I do talk a lot about privilege... because it is a real effect. I do NOT, however, subscribe to the ridiculous notion that having privilege makes someone complicit, somehow, in individual or institutional racism, nor should anyone feel any sort of 'guilt' for having privilege.
                    "Reason and facts are sacrificed to opinion and myth. Demonstrable falsehoods are circulated and recycled as fact. Narrow minded opinion refuses to be subjected to thought and analysis. Too many now subject events to a prefabricated set of interpretations, usually provided by a biased media source. The myth is more comfortable than the often difficult search for truth."






                    Comment


                    • #11
                      Originally posted by Norman Bernstein
                      Not surprising at all.

                      One other note: I do talk a lot about privilege... because it is a real effect. I do NOT, however, subscribe to the ridiculous notion that having privilege makes someone complicit, somehow, in individual or institutional racism, nor should anyone feel any sort of 'guilt' for having privilege.

                      Read your own post. You say that without Affirmative Action anyone not born “with privilege” can’t succeed.


                      Sent from my iPhone using Tapatalk

                      Comment


                      • #12
                        Re: DEI, ESG, privilege, and merit

                        Back to remedial for you!
                        There's a lot of things they didn't tell me when I signed on with this outfit....

                        Comment


                        • #13
                          Re: DEI, ESG, privilege, and merit

                          Were the defenders of institutional racism to look closely at 'DEI', they would see that it is not at all racist to recognize how various societal barriers block any 'lower class' people of any race and that more barriers block people of racial minorities.

                          Comment


                          • #14
                            Re: DEI, ESG, privilege, and merit

                            How many exceptionally talented musicians are there who never even got a gig outside of their local area?
                            How many exceptional sculptors are exhibiting at the local library?
                            A lot has to do with opportunity. Who your parents know, or your friends' parents know, or a chance encounter at a dive bar with someone who is someone, or knows someone.
                            It takes a lot of effort to be really good, and a lot of people end up giving up because..... There's very little chance of grabbing the brass ring. A lot of so-so people do very well in life because they have/had connections, or were in the right place at the right time.
                            You got a degree in Mayan architecture in 1976. Which did you no good getting a job in 1977. So you took a job as a counselor at a psychiatric hospital, and studied graphic design while you were answering phones, and on weekends.
                            Then you met someone who worked at a private school and they needed a person to design their quarterly mag, and other literature. And then someone else noticed your work, and you got hired to work in the development office of an Ivy league university. And then you ran the development office. And then you found yourself 65 years old, retired with a nice nest egg and a good retirement plan, and you think back to 1976 and that degree in Mayan architecture..... You've traveled the globe both for work, and for fun. There's nothing you really want, or need, except maybe a little more time.

                            Comment


                            • #15
                              Re: DEI, ESG, privilege, and merit

                              I forgot the source, but in business schools there's a famous quote about the large cadre of PrepSchool/IvyLeagueLegacy graduates who are 'on a downward trajectory to a good job'. Because of 'who ya know' and the headstart they received early from 'who your parents are'.
                              David G
                              Harbor Woodworks
                              https://www.facebook.com/HarborWoodworks/

                              "It was a Sunday morning and Goddard gave thanks that there were still places where one could worship in temples not made by human hands." -- L. F. Herreshoff (The Compleat Cruiser)

                              Comment

                              Working...
                              X
                              😀
                              🥰
                              🤢
                              😎
                              😡
                              👍
                              👎