Pete Wright
👤 PersonAppearances Over Time
Podcast Appearances
There's a cognitive behavioral therapy, a therapeutic intervention. You can address feelings about money and self-worth and healthier attitudes toward possessions and all those things. But at its root is let's reframe your feelings about or your understanding of empathy. Right? Right? Because that would have addressed all of these things. It would have shifted from a me, me, me to a we, we, we.
There's a cognitive behavioral therapy, a therapeutic intervention. You can address feelings about money and self-worth and healthier attitudes toward possessions and all those things. But at its root is let's reframe your feelings about or your understanding of empathy. Right? Right? Because that would have addressed all of these things. It would have shifted from a me, me, me to a we, we, we.
Yes. Exerting their Halloween vent. And you're right. The marshmallow test really doesn't address that. But the marshmallow test isn't designed to address empathy, I guess, in that regard, right? It's not like you're looking at here's one marshmallow and you could have it or you could cut it into 10 tiny pieces for all of these orphans. That would be different. Yeah.
Yes. Exerting their Halloween vent. And you're right. The marshmallow test really doesn't address that. But the marshmallow test isn't designed to address empathy, I guess, in that regard, right? It's not like you're looking at here's one marshmallow and you could have it or you could cut it into 10 tiny pieces for all of these orphans. That would be different. Yeah.
That would be a different test. Yeah. And just like pretending to be an asshole in front of a preschooler does not lead toward lessons in empathy. Correct.
That would be a different test. Yeah. And just like pretending to be an asshole in front of a preschooler does not lead toward lessons in empathy. Correct.
Okay.
Okay.
Let's go. Let's go back to Gordon Gekko. Okay. Because greed is good. Greed works. Greed is good. This is something really interesting to me. What is going on for this character that was created as a form of dark satire of Western culture that did exactly what you're talking about with a lot of money behind it? Right? This guy was extraordinarily wealthy.
Let's go. Let's go back to Gordon Gekko. Okay. Because greed is good. Greed works. Greed is good. This is something really interesting to me. What is going on for this character that was created as a form of dark satire of Western culture that did exactly what you're talking about with a lot of money behind it? Right? This guy was extraordinarily wealthy.
And he used that wealth essentially to take the whole bowl of candy off of the porch. Right. Right? I mean, is there something more going on with, I guess, Western finance than that, than just this desire because we're manufacturing scarcity and we're going to create our own alternative to it by just taking everything that we can?
And he used that wealth essentially to take the whole bowl of candy off of the porch. Right. Right? I mean, is there something more going on with, I guess, Western finance than that, than just this desire because we're manufacturing scarcity and we're going to create our own alternative to it by just taking everything that we can?
Yeah, good.
Yeah, good.
Well, I'll tell you. I mean, we are sort of, I don't know, we kind of exemplify that, right? In the family, we have a business that was thriving for 18 years, and it was sold to essentially a venture capital-backed firm in acquisition mode. And here we are two years later, and that company doesn't exist anymore. It doesn't exist anymore. They created nothing.
Well, I'll tell you. I mean, we are sort of, I don't know, we kind of exemplify that, right? In the family, we have a business that was thriving for 18 years, and it was sold to essentially a venture capital-backed firm in acquisition mode. And here we are two years later, and that company doesn't exist anymore. It doesn't exist anymore. They created nothing.
They only destroyed as an effort to move figures around a spreadsheet. So I don't know that I would have had the same sort of feeling that this entire mechanism is quite so poisonous had we not lived through it. It is poison. It's poison. To have something just stripped for parts.
They only destroyed as an effort to move figures around a spreadsheet. So I don't know that I would have had the same sort of feeling that this entire mechanism is quite so poisonous had we not lived through it. It is poison. It's poison. To have something just stripped for parts.
At its grossest. At its very worst. And I think it is the lack of empathetic approach to these things, like not realizing what the true value is. And the true value is what the people there create. Like you said, what is the painted house of that business? And do you realize that when you're moving these figures around, you may be doing damage to the painted house?
At its grossest. At its very worst. And I think it is the lack of empathetic approach to these things, like not realizing what the true value is. And the true value is what the people there create. Like you said, what is the painted house of that business? And do you realize that when you're moving these figures around, you may be doing damage to the painted house?