Chapter 5 – The Commercialization of Everything: What Money Can[’t] Buy, Part 5

About a week ago, I got back to the series I was doing about the chapters in Michael Sandel‘s book, What Money Can’t Buy. In the first chapter, we looked at things like when it’s okay to jump the line. In the second chapter, we looked at the difference between fines and fees. In the third chapter, we looked at fairness and inequality. In last week’s post, the fourth chapter, we looked at corporate-owned life insurance and placebos. In today’s post, the fifth and final chapter, we’ll look at the commercialization of everything.

I wasn’t expecting to come across sports in this book, so I was pleasantly surprised when the first few pages were about stadiums being renamed by corporate sponsors. I didn’t realize that this was a fairly new thing. In 1988 only three sports stadiums had been renamed by corporate sponsors. Sixteen years later, in 2004, there were sixty-six. The amount of money went up significantly, too. In 1988, the deals totaled $25 million, while in 2004, the amount came to a whopping $3.6 billion! In 2010, over 100 stadiums in the United States were named for corporate sponsors. So, in the span of less than 25 years, we went from 3 corporate-sponsored stadiums to more than 100.

Having grown up in Toronto, I still find myself referring to Rogers Centre as Skydome. 

This chapter also discussed the idea of athletes selling their autograph. In the old days, this wasn’t even something to be considered. Many athletes willingly signed cards and sports equipment (i.e. baseball, hockey pucks, etc.) for fans. Near the same time that stadiums were being renamed, some athletes were beginning to sell their autographs rather than giving them away. This may seem greedy at first, but consider that athletes from before the 80s weren’t necessarily making lucrative contracts. In fact, athletes back then were not only often paid much worse than athletes today, but they were more on par with what you’d be paid to be an employee at a “normal job.”

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The chapter then moves into a discussion of — in my words — the commercialization of everything.We’re now seeing advertisements and commercials in places we wouldn’t have ever imagined. For instance, when you pump gas, there’s a TV above the pump feeding you advertisements. Or how about when you’re driving down the highway. It’s kind of hard to ignore some of those catchy billboards, isn’t it? Then, there’s the always in vogue idea of product placement. Some of the places you find product placement was a bit surprising. I didn’t know that police stations were in talks to have cars with advertisements on them nor did I realize that in some state parks around the US are there advertisements for things like North Face.

I was surprised to read about some of the commercialization in the US, especially when I know that in some states, there’s a ban on billboards (Alaska, Hawaii, Maine, and Vermont). Moving outside of the US, I know that some countries (or maybe the citizens of those countries) have a real aversion to commercials seeping into unwanted places. For instance, São Paulo in Brazil hasn’t allowed public advertising since 2006. I also know that TV commercials in Germany aren’t nearly as frequent as they are in the US. On most German TV stations, there can’t be more than 20 minutes of commercials (before 8pm).

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The last part of the chapter ends the book almost exactly the way I would have [Emphasis added]:

Once we see that markets and commerce change the character of the goods they touch, we have to ask where markets belong — and where they don’t. And we can’t answer this question without deliberating about the meaning and purpose of goods, and the values that should govern them.

Such deliberations touch, unavoidably, on competing conceptions of the good life. This is terrain on which we sometimes fear to tread. For fear of disagreement, we hesitate to bring our moral and spiritual convictions into the public square. But shrinking from these questions does not leave them undecided. It simply means that markets will decide them for us. This is the lesson of the last three decades. The era of market triumphalism has coincided with a time when public discourse has been largely empty of moral and spiritual substance. Our only hope of keeping markets in their place is to deliberate openly and publicly about the meaning of the goods and social practices we prize.

In addition to debating the meaning of this good or that good, we also need to ask a bigger question, about the kind of society in which we wish to live…

At a time of rising inequality, the marketization of everything means that people of affluence and people of modest means lead increasingly separate lives. We live and work and shop and play in different places. Our children go to different schools. You might call it the skyboxification of American life. It’s not good for democracy, nor is it a satisfying way to live.

Democracy does not require perfect equality, but it does require that citizens share a common life. What matters is that people of different backgrounds and social positions encounter one another, and bump up against one another, in the course of everyday life. For this is how we learn to negotiate and abide by our differences, and how we come to care for the common good.

So, if you prefer not to get too deep into a discussion of inequality that focuses on wealth, then I’d encourage you to think about the ideas that Prof. Sandel is talking about here at the end of the book. He’s just spent the last 200 pages explaining how markets (in some places), to some people, are corroding the value of these goods. Regardless of which side of the fence you fall down on, maybe it’s time we start talking about this. Maybe it’s time to have a dialogue in the public square of more moral and spiritual substance. Of course, this might not be as easy as it sounds, as he says, the last three decades have been void of this.

~

If you liked this paper/series, you might want to check out some of the other papers/series I’ve posted.

 

Are You Not Entertained: The Amazing Feats of Human Potential

Yesterday, I was watching Diana Nyad’s press conference and it got me thinking about human potential. Not just human potential, but demonstrated human potential.

Over 50 years ago, Sir Roger Bannister busted all previously held illusions about human potential by running one mile in less than 4 minutes. Today, the world record sits at almost 20 seconds better than what Bannister ran on that fateful day in May. The day before yesterday, Diana Nyad swam — yes, swam — from Cuba to Florida without a shark cage, (which from the way she describes it, is a really big deal). A little over a year ago, James Cameron went deeper in the ocean than any other human has ever been. This past October, Felix Baumgartner reached the top of the sky when he jumped out of a capsule almost 40km up (into the stratosphere)! How about William Trubridge who, in 2011, set the world record for “free immersion” diving, [underwater without the use of propulsion], by going to a depth of 121 meters. Or maybe Dashrath Manjhi, commonly referred to as “Mountain Man,” who didn’t want anyone else in his village to die because a doctor was too far away, so he carved a path through a mountain. It took him 22 years.

I think at times — especially like these — it’s important to reflect on the amazing feats that humans can achieve when we put our minds to it.

These are just a few “recent” examples (and one not so recent). We could also pull up other examples from history. A common one is JFK exclaiming that he wanted to put a man on the moon before the end of the 60s — check. At the time, that was an unbelievable goal. It certainly helped that there were political implications to this goal, but nonetheless, humans did it. If we want to go back a little bit into history, we can think about Joshua Slocum who was the first person to single-handedly sail around the world.

~

Is there something you’ve always dreamed of doing, but were too afraid to really get into it? People like Felix Baumgartner, Diana Nyad, James Cameron, and Sir Roger Bannister, I hope, can give you the motivation and the confidence you need to venture out to pursue that audacious goal. If there’s something that you dream of, believe that you can do it. Believe that you have the willpower and you will find a way to make it.

If you’re looking for a good place to start on your dreams, I highly recommend the idea of macro goals and micro quotas. It certainly seems to work for some folks who are achieving their dreams. Maybe it can work for you, too.

Thirty-Five Years Later… A Dream is Realized

In 1978, a young woman stood on the shores of Havana, Cuba, and set out to fulfill her dream of swimming from Cuba to Florida — a 110-mile journey that includes sharks and plenty of jellyfish. The young woman wouldn’t succeed in her attempt that day. Nor would she succeed on the 2nd, 3rd, or 4th tries. In 1978, there’s no way that she could have known that she wouldn’t have succeeded that day or that she wouldn’t have succeeded on three subsequent tries. Yesterday, however, on her 5th try, Diana Nyad successfully swam from Havana to Key West.

By now, no doubt, you would have heard of this incredible story. A triumph of perseverance and dedication. She had a goal and she wasn’t going to let anything keep her from it. It’s absolutely incredible that she first began this goal over 35 (!) years ago. Many of you out there probably can’t remember the goals you set 10 years ago, much less 35!

One of the most striking things I found about this story was how much has changed. For instance, when Nyad first stepped into the water in Havana to achieve her goal, she probably wouldn’t have guessed that the ‘achievement’ wouldn’t have happened for 35 years. Nor would I imagine that she would have guessed that her name and her story would have been trending on Twitter (what’s that, by the way?) or something called the internet. 1978. In 1978, there wasn’t even a Commodore 64, yet!

~

You’ve probably got some lofty goals. You probably hope to achieve them soon — great! Nyad’s story is a perfect example of why you needn’t give up on your dreams. If you’re looking for some inspiration, she’s certainly got a bucket full.

If you enjoyed this story, you’re probably also going to want to hear Nyad speak after she completes this 110-mile journey. You can see what she said on the last video at this link (Sorry, couldn’t embed it!)

Note: I thought I had embedded a video from ABC, but it turns out that the embedded code didn’t agree with WordPress. You can view the video that I tried to embed at the link above.

Macro Goals and Micro Quotas: How to Beat Procrastination

A few months ago, I saw a YouTube video from Tim Ferriss answering a question on a Reddit AMA (Ask Me Anything). If you’re unfamiliar with AMA’s, they’ve become a rather common way for famous (and sometimes anonymous because of where they work or what they do for a living) people to answer questions from fans. Even Barack Obama did one.

Anyway, Ferriss did one of these a while back and for at least one of the questions, he did a video response. The question boiled down to procrastination. People look at Tim Ferriss and think that he mustn’t have to fight procrastination given that he’s just turned 36, but he’s published 3 best-sellers, is a polyglot, has travelled the world, and is an angel investor or advisor to Facebook, Twitter, Evernote, Uber, etc. Apparently, these people would be wrong. Tim Ferriss has to battle with procrastination just the same as you or I. In the video below, he offers some really important tips for dealing with procrastination.

A couple things I want to highlight: he’s just like you or I, as I’m sure many people you’d think were “other-worldly.” As the saying goes, he puts his pants on one leg at a time.

The second is the idea of macro goals and micro quotas. He absolutely hits the nail on the head that many people are paralyzed with anxiety in the face of an extraordinary goal (write a bestseller, climb Mount Everest, play professional sports, etc.). The key to hitting these macro goals is to set micro quotas. Ferriss shares the anecdote from a friend of his who has ghost written 60 (!) books:

“Two crappy pages. That is my quota. Everyday, I have to write two crappy pages. That’s it. If I write two crappy work pages, that day is a win.”

You can make your dreams come true. You’ve just got to know the mechanism, first.

Wanna Make a Name for Yourself: Answer One of These Questions

In The Guardian today, there’s an article that lists “20 big questions in science.” If you want to be famous (at least in some circles), answer one of the questions. Of course, there are some ‘answers’ to the questions already. Or maybe it’d be more accurate to say that there are some hypotheses or that there is some ‘general knowledge’ in the domain of the question. However, there don’t seem to be any definitive answers, yet.

Here are the questions with a few thoughts after some of them:

1. What is the universe made of?

2. How did life begin?

3. Are we alone in the universe?

If pressed to give an answer on number three, I’d probably say something to the effect of: given how big the universe is, mathematically speaking, isn’t it more likely that there is other life out there somewhere than isn’t?

4. What makes us human?

5. What is consciousness?

On number five, I remember reading a very intriguing article in The Atlantic this past winter that explored the question: what does it mean to be conscious? It approached this question in the context of anesthesia. If this question interests you, this is one way to delve into the topic.

6. Why do we dream?

While there are many theories on why we dream, one of my favorite ways for interpreting dreams is through Jeremy Taylor’s method. This method also outside the context of dreaming.

7. Why is there stuff?

8. Are there other universes?

9. Where do we put all the carbon?

10. How do we get more energy from the sun?

Number ten, while also making you famous, would likely also make you extremely wealthy unless you went the route of Jonas Salk and polio.

11. What’s so weird about prime numbers?

12. How do we beat bacteria?

13. Can computers keep getting faster?

14. Will we ever cure cancer?

15. When can I have a robot butler?

16. What’s at the bottom of the ocean?

On number sixteen: when you realize that 95% of the ocean is unexplored, it sort of gets you curious about what might be down there. More than that, 99% of the Earth is water. There’s a lot we don’t know about the planet we inhabit.

17. What’s at the bottom of a black hole?

18. Can we live for ever?

19. How do we solve the population problem?

20. Is time travel possible?

On number twenty: if this turns out to be true, that would make for some interesting ethical and moral dilemmas.

How Do You Know When You’re “Right” to be in the Minority?

For about a month, I’ve had a note on my list of things to write about as “Majority vs. Minority: Hard to Oppose the Majority.” I don’t remember which event sparked this thought, but it was rekindled a few days ago with the anniversary of the March on Washington. I’ve read different takes on what it was like during the Civil Rights movement, but I can never *truly* know because I wasn’t there. I can’t imagine how difficult it was to oppose such an oppressive majority opinion at the time. This isn’t the only time in history that the majority opinion has been — eventually — overturned, or at least, subdued. You can point to most revolutions throughout history as definite examples.

My question: how do you know when you’re on the right side?

I suppose there can’t be a universal fact-based answer to knowing you’re on the right side because every situation will be different. More than that, every person will have to decide for themselves what’s the “right” side and the “wrong” side. But maybe it’s too narrowing to think in terms of right and wrong. It certainly makes life easier when things are boxed into right and wrong, but that’s not always the case. As we know from theories of moral development, what was once immoral at one stage, becomes justifiably moral at another.

The more I think about this issue, the more I think there’s probably a good book in here. There’s a lot to explore from sociological, anthropological, and psychological perspectives. It’s certainly not easy to oppose the majority. There’s a strong urge to conform.

I think if I had to provide a thesis, it might be something to the effect of: the only person who can decide whether to support the majority opinion or the minority opinion is you. Sure, taking in opinions/facts from others is important in making your decision, but ultimately, you’ve got to decide for yourself whether this is something you want to support (or oppose). We’ve each got our own moral compass (or conscience). This little voice inside is how you can know and if you choose to go against that voice, it is only you who will have to deal with it.

My Internet Is Advertisement-Free Since 2009

I often hear people complain about the advertisements they see on the Internet. They opine at having these horrific ads on the sides of articles they read that have nothing to do with things they want to see. Some people just want to read the article that they’ve clicked on, not see a huge box telling them to buy this product or that product. Whenever someone tells me about this, I have to stop and remember that most people haven’t thought to figure out a way to fix this.

Almost six years ago, the most popular internet browser today was born — Google Chrome. Actually, its ‘birthday’ is only 2 days away (September 2nd). I remember when it first came out and I downloaded it to begin using as my primary internet browser. It was so faster than Internet Explorer and Firefox. This was nothing against those two browsers, but Google Chrome was like a stripped down version of both of them. I remember that it seemed the norm that you’d have these toolbars that would ceaselessly need to be uninstalled. There were also these menus that took up a lot of screen real estate. I simply wanted to “surf the net” with as much screen space as possible.

So, when Chrome came out, it was like perfect.

A little over a year after Chrome came out, they launched something called Extensions. I don’t really remember what was being said about it at the time, but I do remember that there was this ‘golden’ extensions called “AdBlock.” This particular extension did exactly what it sounds like it does — blocked advertisements. Of course, certain types of ads would still make their way through the AdBlock, but that was because they were still working out the kinks. Over time, the number of ads that would make it through dwindled.

It’s been almost 5 years and it has to be one of my most favorite features of Chrome. The ability to limit the barrage of advertisements makes my internet experience much more enjoyable. So, if you weren’t using Chrome, I strongly recommend you use Chrome. Some folks might feel an aversion to using AdBlock (many sites make their money from the advertisements), so I won’t necessarily give a full-throated endorsement of AdBlock. However, I’d at least recommend trying it out and seeing if you like that experience.

If for some reason you don’t want to give up your Firefox experience, there is a version of AdBlock for Firefox, too.

Musings on the Future of Cable News

After reading Kelefa Sanneh‘s piece in The New Yorker that took an in-depth look at MSNBC, it got me thinking about what I wrote a few days about about the future of TV. In that post, I mostly talked about the idea of moving television programs to online streaming or mobile streaming. I didn’t, however, talk about the idea of unbundling TV packages and allowing people to choose which networks they wanted.

This is one of the the things that Sanneh briefly touches on in his article. In particular, he questions whether the unbundling of TV packages would hurt cable news programming. That is, would CNN, MSNBC, and FOX News keep their heads above water if they weren’t part of a bundle? For instance, Sanneh tells us that FOX News (the leading cable news network since 2002), gets about half as many viewers as the lowest-rated network news program. That’s significant. Would FOX News survive if it wasn’t bundled? Might it do better if it weren’t bundled?

Chances are that cable news — barring something unforeseen — would be in trouble if TV packages became unbundled.

~

About a quarter of the way into the article, Sanneh has a quote from the President of MSNBC that I find rather startling. I’ll include the lead-in, so the quote makes sense [Emphasis mine]:

“I’m building for the future,” Griffin said, not long after the switch. He was sitting in his office, reviewing a series of promotional clips that highlighted Hayes and the network’s other stars. “You’ve got a young guy who’s incredibly smart, who’s got a following,” he said. “We’re making a bet that this is what our audience wants.” 

The startling part is the bit that I’ve bolded. I don’t understand that a company as big as MSNBC would be gambling in the way that Griffin claims to be. They’re making a bet that this is what the audience wants? They don’t have the resources to find out if that’s what their audience wants? Maybe Sanneh hasn’t included the whole quote, but this to me makes it sound like Griffin is being a bit cavalier with the most important time slot.

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FOX News consistently outperforms other cable news networks in an older demographic: 35-64. Take this past Monday’s cable news ratings, for example. FOX News outperformed all the other cable news networks in this demographic at every time slot. The closest any network came in this demographic was in the 9 o’clock hour when Hannity beat The Rachel Maddow Show by over 200,000 viewers. I don’t know how to put this delicately, so I’ll say it like this: what happens when this demographic “passes on?”

Yes, FOX News still outperforms the other networks in the coveted 25-54 age bracket, but their lead is substantially smaller. The largest lead FOX News has is during the 8 o’clock hour and that’s a little more than 250,000 viewers (over the next closest show). If I were Roger Ailes (or the guy who was likely to replace Roger Ailes), this is something I would be thinking considering, in addition to the prospect of unbundling TV packages.

~

The last thing I wanted to talk about is this idea that those people who MSNBC is trying to reach may not like cable news or TV:

One explanation for MSNBC’s struggles is that the network is trying to do something nearly impossible: it is a cable news network for people who don’t like cable news, and may not even like television.

MSNBC, in its current format as I understand it, is still quite new. It’s only recently switched over to a more partisan-esque feel. I wonder if there’s still a bit of a lag before the viewers they’re trying to reach will show up. I also wonder if TV does start to move in a new direction (simultaneous online streaming), will this open up a new audience for MSNBC? I’m particularly interested in MSNBC because of this idea that the people who MSNBC is targeting are those people who wouldn’t normally watch cable news or TV. I wonder if these people had another avenue to watch these programs, would they?

 

Chapter 4 – Corporate-Owned Life Insurance and Placebos: What Money Can[‘t] Buy, Part 4

It’s been more than a month since I last completed a post in this series. To refresh your memory: we were looking at the chapters in Michael Sandel‘s book, What Money Can’t Buy. In the first chapter, we looked at things like when it’s okay to jump the line. In the second chapter, we looked at the difference between fines and fees. In the third chapter, we looked at fairness and inequality. In today’s post, the fourth chapter, we’ll look at the markets in life and death.

As with previous chapters, I’ve learned something that I didn’t even know existed. In this chapter, I learned about something called “janitors insurance.” This is another way of saying corporate-owned life insurance. Meaning, a company takes out a life insurance policy on its workers. Now, you may have already assumed (or thought) that companies might take out a life insurance policy on the CEO, as the time and energy that would need to go into finding a new CEO should the current one die suddenly, but would you have considered that some companies take out life insurance policies on workers much lower on the organizational chart?

I’m a little uneasy with this idea and I’m not sure which side I’d come down on if forced to choose. It’s certainly a delicate subject.

This chapter also talked about people being able to sell their life insurance policies. Let’s say a man (or woman) is the breadwinner in the family and takes out life insurance when he’s (or she’s) in his (or her) early 30s. The life insurance is really *only* important to the family through the breadwinner’s working years. So, when the person turns 65 (or when they retire), they feel that they no longer need that insurance — and sell it. Do you think that’s ethical? Is it unethical to prevent someone from selling it?

Again, I’m really not sure what’s right in this situation. For some reason, it feels a little more ethical that the people are willingly selling the life insurance that they had previously bought rather than if someone took out life insurance without their knowledge. Though, I’m aware that this may just be the contrast effect at play.

There were other variations on this theme throughout the chapter, but the one thing that I kept thinking about in response to this idea is the variations on the placebo effect that I’ve written about before. We know how powerful our own thoughts can be for ourselves (example) and how powerful our thoughts can be for others (example) — don’t you think that someone buying life insurance (i.e. buying stock in our eventual death) is a bit like sending negative thoughts to a person? Maybe that’s a little extreme.

Knowledge Speaks, but Wisdom Listens: Quotes on New Beginnings and Meeting New People

Regardless of whether you count my series on quotes from religious/spiritual traditions, it’s been some time since I last did a post that was dedicated to quotes. As August draws to a close and September creeps closer, many students will be heading back to school (or are already back at school). Not only that, many who have been on summer vacations are returning to work. As a result, I thought I’d share some quotes that folks might find inspiring as they reembark (or embark, for some!) on their [new] journey. Enjoy!

“It is never to late to be what you might have been.” – George Elliot

“When I let go of what I am, I become what I might be.” – Lao Tzu

“It takes courage to grow up and become who you really are.” – E. E. Cummings

“To succeed, jump as quickly at opportunities as you do at conclusions.” – Benjamin Franklin

And a few on interacting/meeting new people…

“Everything that irritates us about others can lead us to an understanding of ourselves.” – Carl Jung

“Whenever you’re in conflict with someone, there is one factor that can make the difference between damaging your relationship and deepening it. That factor is attitude.” – William James

“Let us be grateful to people who make us happy; they are the charming gardeners who make our souls blossom.” Marcel Proust

“Knowledge speaks, but wisdom listens.” – Jimi Hendrix

[Note: The title of this post comes from a quote that is often attributed to Jimi Hendrix. However, as I’ve done in the past, a little bit of internet sleuthing tells me that he might not have actually said this.]