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A statement of corporate philosophy I can get behind

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These days, there is a lot of effort behind what is called the corporate social responsibility movement to inject what some of us might see as Leftist political ideas into the ways companies operate. (There is debate about this among free market folk, it ought to be conceded. See an article at Reason magazine.) Some of this is mandated by state regulation; some of it can also come from pressure certain types of shareholder (if there is consent involved, libertarians can’t object to that in principle). The old idea, put forward by the late Prof. Milton Friedman, that the primary obligation of company management is to maximise shareholder value, is shocking to the modern mindset. During my time in writing about and following the modern investment and financial industry, I am relentlessly bombarded by calls for firms to be more mindful of their social, environmental and related obligations. Making profits is all too often treated as a tad vulgar, even immoral. (This perspective might change a bit as and when the next recession bites.)

With that in mind, it’s refreshing to read a statement of corporate philosophy like this, from the Asgaard (as in the Vikings) business that runs the Starting Strength weight training operation, associated most famously with barbell lifting trainer and wonderfully plain-spoken Mark Rippetoe. The whole statement is great, even if you have never been to a gym or aren’t interested in lifting weights (full disclosure: I am doing the barbell lifting programme (in the UK) and it has already changed my health for the better).

Here are a couple of paragraphs:

We don’t like big government, government regulation of the workplace and personal space, and government safety nets for those who decide not to finish life’s heavy sets of 5. We don’t appreciate people who are constantly offended for other people at no cost to themselves, and who feel the need to force us to agree with their opinions, which we cannot be made to do. We like people who take personal responsibility, who do not ask for charity, and who give freely when they feel compelled to do so. We appreciate an honest effort toward a worthwhile goal, and we will help if we can.

We like nice guns, good food, strong drink, talented musicianship, thoughtful art, and the effort it takes to create them. We appreciate beautiful women and handsome men, masculinity and femininity, and we know the difference. We also understand that some people have different opinions about these things, and we respect their opinions at precisely the same level of enthusiasm with which they respect ours.

As an aside, I came across Rippetoe (or “Rip” as everyone calls him) via Glenn Reynolds. So I owe the law professor and blogger supremo for putting me on the path to getting stronger.


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