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You A lot of times we see people do sacrifice everything for their work. And what do they sacrifice? They sacrifice their families, they sacrifice their children. Is that the kind of sacrifice you want people to make? In this half hour, Joe Antula talks about ethics and business and the meaning of work. I'm Bill Moyers. A world of ideas with Bill Moyers.
Funding for this program is provided by the John D. and Catherine T. MacArthur Foundation, a catalyst for change. Corporate underwriting is provided by General Motors. General Motors committed to excellence in its products and services and in support of quality television programming. Wall Street exploded in 1980s. American business went on a romp. But in the wake of the boom, fundamental questions are being asked about the ethical price of the bottom line. Ethical questions are the stock in trade of Joe Antula. She has seen your fellow at one of the nation's leading business schools, the Horton School at the University of Pennsylvania. She brings a background in philosophy to her classroom for students pursuing careers in business, study, ethics and management.
Dr. Tula is also writing a book about the meaning of work in our culture. We talked in a library at the Horton School. Did you see the movie Risky Business? Tom Cruise plays a high school student who allows a prostitute to use his parents' house as a brothel. He's in absolute awe of her business skills, of her absence of guilt and fear and doubt. He looks at her devotion to immediate gratification and says, what a capitalist. Now, who's teaching students more about capitalism? You or Tom Cruise? I think probably Tom Cruise is. Though I don't know if he would agree to that. We've got to remember, we've just gone through a very peculiar period of history. I think the 1980s are going to be remembered as a very odd time in American history. Everything in our culture was geared up towards this new enthusiasm for entrepreneurship, competitiveness and business. It had always been present in American culture, but we've gone through some pretty big hits. We've gone through oil crises, we've gone through recessions, and they've left a very deep imprint on young people.
One thing I noticed between, say, 1975 and 1985, was enormous change in the attitudes of students about not only business, but about the future. I think one of the biggest problems facing us, which caused some of this aberrant 80s behavior, was we came out of a very down era that Japanese were beating us. We were losing our competitive edge. We had now gotten this president who was very enthusiastic, so it was a time when great things were going to happen. And as a result, everything took on the short-term boom town, get it while you can sort of gold rush atmosphere. And I think that's what you see in Tom Cruise, to some extent. I mean, obviously he's not going to run a poor dollar forever. He's excited about entrepreneurship, which is the other big word, which is you go into business, and you make a bunch of money, and you do it by taking risks, and you make it fast. That seemed to be the nerve end of the 80s, and we had the lesson straight from the horse's mouth. Rules are for fools.
Greed is good. He who dies with the most toys wins. Do you think those were exaggerated, or isn't there something new and different at the heart of American entrepreneurial capital today? Well, they were exaggerations to some extent. There was an awful lot of fun in the 80s, too. When I talk, most of the students we have here have worked on Wall Street, came from Wall Street, you know, into business school, had been in the thick of it all during this time, and it was a lot of excitement and fun for people. I mean, it was a great place to be. They had lots of responsibility. They were making lots of money, and so there is a playfulness to that. But there also is this sense of the fact that we were in a period of deregulation. Part of what happened in the financial markets was a result of deregulation. It was as if the harnesses had been let off. There was all of this enthusiasm, and on Wall Street people were pushing the limits. They were pushing the limits of the law. They were inventing new financial tools. They were seeing how far they could go.
Somebody said to me, just this weekend that the symbol for our culture and the business culture in particular has become the digital clock, which looks at only the present moment. With no hint of yesterday or tomorrow, of the past or the future, only the present is what counts. And that digital clock or digital watch is now the emblem of American business. Do you think that's so? I think American business is realizing that better not be so. And here's where I think business schools and business strategists are starting to go through a big change. And the big change is a new concept. Well, it's not really very new, but for us it's new. And we've sort of learned it from the Japanese. It has to do with sustainable competitive advantage. And when you start talking about sustainable advantages or sustainable businesses, it means you're going to need to understand something about what's transpired in the past. You're going to have to have some vision of what the future is going to look like if you want to have a business that's going to last and grow and develop.
In the future, you're going to have a workforce that is made up. It may well be that white males are the minority group in it. They're going to be made up at least half of women, maybe more than half of women. They're going to be made up of all sorts of minority groups. We're going to find that family concerns are more important. Now you say, well, you know, these business issues are these ethical issues, which is what people are always asking me out of these, you know. And I like that question because I don't really want to see that clear align between the two. I mean, they should be very integrated together. We've got to say, what kind of people are going to be working in the future? What are the environmental problems going to be in the future? What are the social problems going to be in the future? All of these things impact on business. You can't operate a business in a vacuum. So once again, you see that there's a very strong relationship between ethical thinking and future oriented thinking. You mentioned the Japanese and they've been through a round of ruthless business scandals lately. You're not holding them up as an ethical ideal, are you?
No. And when you look at what's going on in Japan, I mean, there have been scandals in the Hong Kong Stock Exchange, the Swedish Stock Exchange, the French, everywhere we've seen almost a mirror image of some of the things that have gone on in Wall Street. Part of what's happening globally is that business practice is changing. We're living in a global economy. And it's no longer in Rome, do what Romans do. Business isn't just the laws and regulations that make it up. It's a set of unsaid understandings. And when you start buying stocks on the Hong Kong Stock Exchange and you live in New York, you make certain assumptions about what you're doing. People in Hong Kong may be making different assumptions about what they're doing. In some of these stock exchanges, it's almost madness to buy stocks on them because they have a different set of understandings of what insider trading is. So is it becoming a more amoral international culture?
Well, what's going to eventually happen, I think, and from discussions with people in other places, is that we're going to have to come up with some international sets of norms. This is the same problem with bribery and questionable payments. You may argue that in a particular society, bribes are common. Everybody uses them. It's understood fine. Why should we as Americans be so edgy about bribes? We have this Foreign Practices Act that says we're not allowed to pay them. But when you start doing business with lots of different people from lots of different cultures who don't know all of these practices and customs and are sensitive to them. First of all, is that an efficient way to do business if you're talking about business on a global scale? Is it efficient that every stock exchange would have its own norms for what insiders are? You see, eventually there's got to be a convergence of rules so that we can all do business with each other. I mean, that's part of the practical issue of all of this. It's not that our standards are higher than anybody else, those are better than anyone else's, or as I like to call it, it's not that we're ethical imperialists. But rather, that at some point there's going to have to be standards that everybody understands in order to make this kind of global business possible.
Peter Drucker says that it's a mistake to try to teach business ethics. There really is no such thing as business ethics. Ethics, he says, is for everyone. It's the rules of individual behavior, whether we work in a corporation, a factory, as a journalist or a florist. Well, the other thing people usually say when you say you teach business ethics is they say, well, isn't that a contradiction of terms? Yes, it is. Let me explain that when we think of ethics, you think of someone doing good things or performing good actions because they want to and because it's the right thing to do. When we think of business, we think of actions, we think of strategies, we think of behaviors that are all geared towards a particular end, just to make profits.
So, there's a kind of contradiction there. One of the chief questions in business ethics is, can a business act ethically if that's the criteria? It comes from the philosopher of manual Kant who said, the only good is a good will. Now, can business have a good will? When a company sets up a program for school children in a neighborhood, say they donate computers and staff to train them. Is the company doing it because they have a good will or are they doing it because they want to have good PR? This is something for PR. This is a crucial question. On the other hand, we're not saying that ethics and business is different than ethics in the rest of life. What we're saying is that in business, ethics functions in a particular context and the problems of business make it difficult to understand how to apply the ethical principles we have. What about the business executive? I know you've on other occasions expressed some discomfort with the likes of T-Boom Pickings and Donald Trump because they have their wealth and power seem alienated from some broader aim of society.
There's a whole, we have this whole wonderful system of democracy, we have business laws and regulations and all sorts of things that allow business to operate. One of the things any business person has to respect is that they should operate in a way that does not destroy those things which make their business possible. In businesses themselves, though, it's not these individual things. These are rare dramatic events that occur but with all these leveraged buyouts and takeovers, the crisis that's going on inside of corporations in this environment is a crisis of trust. How can a company have loyal employees when the employees don't know whether tomorrow their company will get taken over? Yet companies demand an enormous amount of loyalty and commitment from employees and yet they're not willing to give the same back to them. So you have trust and loyalty or reciprocal relationships. You have to have two sides to them. You can't expect somebody to be trustworthy or loyal if you aren't going to be.
There's also the question of justice. There's enormous wage disparities between what people at the top of the company make and people at the bottom of the company make. Americans do have deep down inside a strong strain of egalitarianism and we may have reached a point where it's become downright offensive that heads of corporations that can be taken over tomorrow when everyone can be out of business next moment are being paid enormous sums of money. You say we're facing in this country a moral crisis of work and meaning in what sense. One of the questions I'm concerned with is the dominance that work has come to play in everyone's life as the arena in which they have social interactions they build their friendships. It's responsible for taking care of their family, taking care of their children. Some ways these are very positive and important things because it allows people to work.
On the other hand we've looked at the demise of other institutions in our society like community. We've seen families, high divorce rate, problems in families. The question is do you want most of the things that provide meaning in your life, social interaction. Do you want to have to depend on your business or your work to provide those things. And in the precarious economic environment in which we live is that really smart to put your hands, your happiness and your notion of meaning in the hands of the economy. It's certainly realistic because most of us spend more time at work than we do sleeping or with our families. So if we don't find some contribution of work to the meaning or an experience of life then we're going to be vacant to a large extent. Yeah and the question is people do put meaning into the context of how they think about their lives but they supply the meaning. They decide what that meaning is going to be. My concern is should the workplace be constructing meanings for people.
You think that's happening. There's a lot of people who would like to be able to do it because it would be the ultimate motivating tool. Well the Japanese have done very well at it. Their managers have become almost holy men. Yeah. But you have to look at a broader context there of Japanese society. I mean the backdrop in which this all occurs is very different than the backdrop of American life. Their notion of community is very different. Their notion of the individual in relationship to a group is very different than ours. So I think that the Japanese to some extent they're probably going by the way going to become more like us. I mean that's what I really think is going to happen down the line. But right now I don't think that's a fair. We have to look at the institutions in American life and we have to look at the ones that are declining and the ones that seem to be taking dominance right now.
And the economic institutions are becoming dominant at the expense of or because of the collapse of the neighborhoods, communities, towns. I mean if you live, if you commute to work two hours you have no time and you get home to be a volunteer fireman or to go to the school board meeting or to attend the functions that we used to do when we lived in small towns. So the workplace does become almost the new home. But it's a precarious home because it doesn't offer what the other institutions offer. It's an instable institution. The economic, the corporation, the company. It's unstable. You could be fired tomorrow. We have a doctrine called employment at will. People couldn't lose their jobs tomorrow. They can lose friends on the job who have to leave, get transferred. So I'm raising the question, is this the kind of institution that we want to look for those kinds of meetings in? What I'm worried about is people seem to come to expect more and more from the workplace.
What do you think they expect? Well, they expect interesting work and we've got a fairly educated workforce here. Expecting challenging jobs. Expecting interesting jobs. We're expecting jobs that make us feel great about ourselves. And in our society people are defined by their jobs. But is there anything really too wrong about finding substantial part of your identity in your work? There's nothing wrong with you finding it. What's wrong is someone trying to tell you what it is. And I think that's the big difference. You're suggesting that work is promising more than it can deliver. Look, if anyone knew how to create meaningful work, it would be great. If anyone knew how to define it so that we could all sort of go after it, that would be wonderful too. I'm not even sure everyone wants meaningful work. I mean, I guess if we went up to every person on the streets and said, do you want meaningful work? It may seem in our culture kind of irrational to say, no. In other cultures, they might say, no, I'd like to not have to work at all. You don't usually find too many people say that. Well, you might not want to, but you're going to have to spend time out there. And when you do, don't you want that workplace to be as meaningful as possible?
Do you want it to be as meaningful or do you want it to be as comfortable, accommodating to your lifestyle? You know, Studster Kell and his book, Working, Splendid Book Years ago started out by saying, for some people, work is a daily humiliation. Well, you don't want work to be a daily humiliation, obviously. You want to get, you get some self-esteem from work that you have a role. But we've got to think about what kinds of work is available in the world. And maybe what's needed, I mean, it's interesting to look at government work. Most people these days, it's not chic to talk about government work as being great. Some of the best innovations in making work accommodate people's lives is found in the government. They were the first to use flex time. Flex time is a very radical innovation in the workplace. I think it has an enormous humanizing effect. It allows people to fit their life schedules instead of having their life have to conform more to work. It makes some allowance for making work conform to their lifestyles.
A lot of these questions will be on the table in the future. There have been issues about taking work home, computerization of work. And of course, then there's the dark side of that, which is the person with a fax machine in the car and the telephone and the buzzer so that they can never get away from work. But what are you precisely saying that concerns you about work? You talk about this moral crisis of work and meaning. What is the moral crisis? The moral crisis is trying to understand how to strike the balance between work and the rest of your life. And I think that it's a pressing crisis right now because of the importance and the dominance of the economic institutions in our culture. And that each person I think is struggling in terms of, you know, dual career families raising children to try to find some balance there. And so I'm saying be careful. We want the workplace to be better. We want work to be humane, interesting, et cetera.
But on the other hand, we don't want it to be something that takes over the other elements of people's lives. One of the best-selling books of 1980 was in search of excellence. And the people who wrote that, the fellows who wrote that, argued that people so desperately need meaning in their lives, that they will sacrifice a great deal to the institution that gives it to them. Do you find that so? A lot of times we see people do sacrifice everything for their work. And what do they sacrifice? They sacrifice their families, they sacrifice their children. Is that the kind of sacrifice you want people to make? Sure you want people to work hard. You want them to be energetic and enthusiastic. But part of that has to do with some basic things about the workplace itself. I mean, look at what makes work frustrating to people. First of all, one of the key causes of stress on the job, of stressful things. If you look at, listen to the stories in here. What makes people feel like some under stress? Partly it's ethical issues. There's an ethical dissonance going on. That's another reason why business ethics is inseparable from talking about managerial problems.
Because of stress, while you have one set of values and beliefs, and yet when you go to work, those are violated. Second thing, the question of justice or fairness. Nothing makes people more unhappy at work than feeling like they're being treated unfairly. Is it the key of management as a sense of fairness in the workplace? So then you start going down to checklist and saying, well, what things can incorporation provide that make work a satisfying experience? And I think there are very practical things that can provide that get down to, once again, good management, good business, fairness, things like that. But meaning, do you want some sort of religious fervor from your employees? And some of this literature that came after in search of excellence, that's what you sense, is they want a kind of religious zeal and excitement. Even some of the language in that book was very sort of almost like a religious revival that you had to find people's hot buttons. I found that a rather offensive phrase that you had to find their hot buttons. You had to get them excited and souped up.
Well, I don't think, first of all, it's a very sustainable kind of management strategy. You can't have people souped up all the time. Some people have found it offensive. There's even been scandals where companies have tried some of these programs to get their employees souped up and they've protested calling it manipulation. Well, it seems to me it'll be difficult for corporations to engineer meaning for people because the workplace in a corporate environment is always one of unequal power. There's always competition and conflict. There's always a rough form of injustice to it and that no matter what managers, the managers you teach, try to do they can never ultimately make the workplace a religious experience. There's another facet of this problem too. We also live in a consumer society. If you look at the three major values that we're constantly juggling in our lives, we juggle the idea of something like meaningful work or the role of it our workplace. We juggle how much stuff do we want? How many cars do we want? Do we want to vacation home? Do we want to buy a house? Do we want a new piano? What is it that we want?
So there's the role of work. There's a role of consumerism and the role of leisure. Ideally, we'd like to have all of them. We'd like to have a great job, be rich and have plenty of time off so that we can do fun things. If you have a really meaningful job, you don't care that much about time off because you get so much out of your work. It's interesting though that leisure pursuits are so much turned into work pursuits for people today. Even play isn't play. We work at our tennis game. We work out. We listen to music to relax. We don't seem to do things just to do them. So yes, we've made enormous progress, but you have to be careful about the argument we made progress which means we don't have to do anything else. I think the role that creative business people and people in academic institutions and people who are playing the role of a social critic constantly have to ask the question, how do we make things better? We talk about technology being all this progress. How do we make work better for people? This has been a constant struggle. We have gone through slavery. We've gone through hideous industrial conditions.
We have gone through periods where people became men in the gray flannel suit. In the 50s, there was all this literature. And it's the 50s literature by the way is fascinating because they raised some of the issues that I'm raising now. What does it mean for us to subsume ourselves under these huge organizations and become part of them and fit into that environment? But we have to think about how to make things better. It seems to me the notion of progress is better and part of better isn't just more money or better technology or more efficiency. And of course, efficiency is an important value, dominating value in our society today. But to make it better aesthetically. How do you make people work? How do you make people work in a way that doesn't exploit them? How do you give people work? How are you fair? Can we make progress in fairness and workplace? Can we make progress in justice and workplace?
Old questions. Old. Yeah. What gives meaning to your life? My work. From the Horton School of the University of Pennsylvania, this has been a conversation with Joanne Chula. I'm Bill Moyers. I'm Bill Moyers. I'm Bill Moyers. I'm Bill Moyers.
Funding for this program was provided by the John D. and Catherine T. MacArthur Foundation, a catalyst for change. The writing was provided by General Motors, General Motors, committed to excellence in its products and services, and in support of quality television programming. This is PBS. A book based on this series has been published by Double Day. Bill Moyers' World of Ideas is available in bookstores. Thank you.
Thank you.
Series
A World of Ideas
Episode Number
216
Episode
Joanne Ciulla
Contributing Organization
Public Affairs Television & Doctoroff Media Group (New York, New York)
AAPB ID
cpb-aacip-dc85d0b63a4
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Description
Episode Description
Wall Street exploded in the 1980's. American business went on a romp. But in the wake of the boom, fundamental questions are being asked about the ethical price of the bottom line. Joanne Ciulla is Senior Fellow at the Wharton School at the University of Pennsylvania. She brings a background in philosophy to the classroom — teaching business ethics and management.
Series Description
A WORLD OF IDEAS with Bill Moyers aired in 1988 and 1990. The half-hour episodes featured scientists, writers, artists, philosophers, historians -- some well-known, many never before seen on television.
Broadcast Date
1990-04-08
Asset type
Episode
Genres
Interview
Rights
Copyright holder: Doctoroff Media Group, LLC
Media type
Moving Image
Duration
00:30:18:01
Embed Code
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Credits
: Venardos, Kelly
: White, Arthur
: Warner, Diana
: Ferguson, Brynne Clarke
: Doctoroff O'Neill, Judy
Editor: Collins, Michael
Executive Producer: Moyers, Bill
Executive Producer: Moyers, Judith Davidson
Producer: McCarthy, Betsy
AAPB Contributor Holdings
Public Affairs Television & Doctoroff Media Group
Identifier: cpb-aacip-6d012b05f1a (Filename)
Format: LTO-5
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Citations
Chicago: “A World of Ideas; 216; Joanne Ciulla,” 1990-04-08, Public Affairs Television & Doctoroff Media Group, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC, accessed October 27, 2024, http://americanarchive.org/catalog/cpb-aacip-dc85d0b63a4.
MLA: “A World of Ideas; 216; Joanne Ciulla.” 1990-04-08. Public Affairs Television & Doctoroff Media Group, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC. Web. October 27, 2024. <http://americanarchive.org/catalog/cpb-aacip-dc85d0b63a4>.
APA: A World of Ideas; 216; Joanne Ciulla. Boston, MA: Public Affairs Television & Doctoroff Media Group, American Archive of Public Broadcasting (GBH and the Library of Congress), Boston, MA and Washington, DC. Retrieved from http://americanarchive.org/catalog/cpb-aacip-dc85d0b63a4