What you need to know about Corporate America

Corporate and Consumer America

Some days we get up and look to better our lives. Other days we get up and look to be told what to do. Corporate America gets paid for telling us; Consumer America has become a victim. One of the biggest issues facing this world today is the growing disparity between the rich and the poor. Highly-profitable corporate America continues to grow on a global pace of 5-10% per year. Middle income consumer America is left at the starting gate. Income levels for the middle class are at the same level as they were back in the 1990’s.

Corporate profits and cash are at all-time highs. Consumer America is looking at average wage and hours-worked numbers that are virtually unchanged for over a decade. Corporate management has the finest Universities in the world to draw intellectual talent from. Consumer America is looking at huge debts, little job growth and limited help.

Corporate America not only has a Federal government that backs them up (because they are “too big to fail”) but picks up the tab for hundreds of billions of subsidies plus high-tech R&D (under the auspices of “Defense”). Bonuses for corporate executives are back in the million dollar range. The average S&P 500 Corporation has not only outsourced labor wherever possible but is now doing over 50% of its business overseas. It continues to blow away its global competition. It has been estimated that middle class America has 5 times more computer power at their fingertips than the average global worker. What ever happened to the “trickle down” effect?

Corporate America and Consumer America should be learning and prospering from each other as well as from what is going on in the other side of the world. All would be well-advised to study broader, longer-time frame global issues. Everybody needs to consider investments in “ideas” rather than “things.” We all need to continue to upgrade our skills for the emerging globalization.

The occupy wallstreet movement is correct in protesting widening economic disparities. But in addition to worrying about others, we should also be looking to improve our personal lives. Saving and investing more money—rather than consuming—is the first step. Although financial studies estimate that the average American spends about 70% its income for essentials (food, clothing, shelter, etc.) that leaves around 30% of our income available for bettering our and our family’s lives. Sadly, Americans are only saving about 5% of their income. No wonder we’re called consumer America.

Technological advances and globalization are permanent features of the 21st century workplace. The higher the skill level, the better the outlook for job and income growth. Maybe we all need to get up in the mornings and think harder core about how we can improve our lives. The Partners Within stands ready to help.

The And Principles—a ‘Partners Within’ blog

Sources: Ameriprise Financial Services, The Economist, Wall Street Journal, Bloomberg, TheStreet.com

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Top-Down And Bottom-Up

As political upheaval in the Middle East shows, unbalanced societies are bound to fail. Justice and freedom are universally defined as the meeting point between the will of the people and the government’s ability to assist that will.  But sometimes people and governments are only interested in themselves. Call this a contest between the top-down “powers that be” and the strength of bottom-up “grass root” movements. Balance in the flow of these principles is essential to face the challenges of modern times.

Just as people everywhere strive for more balanced societies, we also need to strive to improve our personal lives, skills and careers. Whatever our line of work—sometimes we govern, other times we are governed—we always need to govern ourselves. There is nothing wrong with recognizing that sometimes you are the authority, and at other times, you need to work with others. Trusting that those around us are working toward mutually beneficial goals is essential. Most of the time, the greater whole functions well. But at other times, both societies and individuals can lose that trust. All of us need to be responsible, transparent and accountable in our actions. We do so by uniting the principles of “top-down” AND “bottom-up” in order to discover the best solutions for what works best for all. (4/24)

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The And Principles Blog

 

In support of a viable global spirituality for our times, I am devoting this blog to what I call “the AND principles.” These principles describe how two contrasting viewpoints—commonly referred to as differing values or issues—can be unified by the pursuit of “what’s in the best interest of all.” For example, an important topic of today, like liberal versus conservative, is not just a simple contest between two opposing forces.

If differing principles come with coherent philosophies, generally-accepted moralities and long-term considerations for the future, then these different perspectives can be examined, modified, bargained and conceded. (Please note: we are not talking about “evil” here.)  But too often, the media turns the typical contest between contrasting principles into a show.

What they are overlooking is the fact that we all have the ability to examine and evaluate different points of view. I say we need to move beyond attention-grabbing contests, beyond arguing about what is best for “me and my people.” We need to be looking at what is best for “all of us.” Our continued use of our planet’s resources is going to demand it. (4/24)

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Earth And Life

Have you ever wondered how our finite Earth, which has only limited land, air, water and energy, can continue to support a life force that knows no boundaries? Earth is a single host, a collection of limited resources. Life is the energy that takes those resources and multiples itself. But sometimes the human race resorts to war when resources run short. A sad fact indeed, but as demand for resources increases now we should be looking at building a better way. Fortunately, most of the time, human history shows that when faced with extreme challenges, the ingenuity of the species wins out. Innovations and compromises between rivals are always better than mutual destruction. And why not? Success breeds success.

Most of us are aware of the advantages of getting along with the people involved in our lives. Soon, for the first time ever, the continuing globalization of this planet will necessitate that we take a critical next step: balancing not only what is right for ourselves and the other people we know, but balancing what is right for all of Earth’s life. This means finding balance between all of the world’s religions, industries, nationalities and cultures. And where will we find this balance? It comes from a trust in a global spirituality that says we’re all in this together. With global dominance comes global responsibility. Nobody can deny that we are all responsible for both earth and life.

 

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Unique And Common

What are the strengths and weaknesses of humankind? Any potential answer is a matter of principles. What are your personal strengths and weaknesses? Only you can say. Each of us has been created by a unique DNA molecule that assembles the proteins which, in turn, generate our unique physical, intellectual, emotional and spiritual energies. Although 99.99% of the six billion molecules in our human DNA is common to all other human beings, it still allows for a unique arrangement of few hundred million molecules, and that is why no two of us are exactly alike. In addition, we are all subject to the possibility of random mutations in our genetic material. And each of us has also had a unique nurturing experience.

Because of the changing challenges of modern life, even identical twins do not turn out to be identical. So, by understanding our uniqueness (through the use of introspection) we are able to put together the best of our realities, reason, emotions and beliefs. And, by contrasting this with our commonality (through the use of meditation) we discover balance in determining what is right for ourselves and what is right for all.


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