Compensation Essay Quotes

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The law of nature is: Do the thing, and you shall have the power, but they who do not the thing have not the power.
Ralph Waldo Emerson (Compensation: An Excerpt from Collected Essays, First Series)
Among ourselves (Westerners), the people who are regarded as moral luminaries are those who forgo ordinary pleasures themselves and find compensation in interfering with the pleasures of others.
Bertrand Russell (Sceptical Essays (Routledge Classics))
Do the thing, and you shall have the power.” —Ralph Waldo Emerson Essay on Compensation
Jeff Olson (The Slight Edge: Turning Simple Disciplines into Massive Success and Happiness)
If this society ascribes roles to Black men which they are not allowed to fulfill, is it Black women who must bend and alter our lives to compensate, or is it society that needs changing?
Audre Lorde (Sister Outsider: Essays and Speeches)
In order to be accepted, women must compensate for their ambition and strength by being nice. Men don't have to be nearly as much d as women. I do not believe women are natively nicer than men. They may learn that niceness brings rewards and hat names ambition is often punished. They may ingratiate themselves because such behavior is rewarded and a strategy of stealth may lead to better results than being forthright, but even when women are open and direct, they are not always seen or heard.
Siri Hustvedt (A Woman Looking at Men Looking at Women: Essays on Art, Sex, and the Mind)
I began to meditate upon the writer's life. It is full of tribulation. First he must endure poverty and the world's indifference; then, having achieved a measure of success, he must submit to a good grace of its hazards...But he has one compensation, Whenever he has anything on his mind, whether it be a harassing reflection, grief at the death of a friend, unrequited love, wounded pride, anger at the treachery of someone to whom he has shown kindness, in short any emotion or any perplexing thought, he has only to put it down in black and white, using it as a theme of a story or the decoration of an essay, to forget all about it. He is the only free man.
W. Somerset Maugham (Cakes and Ale)
thought then that decent, intelligent, and experienced managers would automatically make rational business decisions. But I learned over time that isn’t so. Instead, rationality frequently wilts when the institutional imperative comes into play. For example: (1) As if governed by Newton’s First Law of Motion, an institution will resist any change in its current direction; (2) Just as work expands to fill available time, corporate projects or acquisitions will materialize to soak up available funds; (3) Any business craving of the leader, however foolish, will be quickly supported by detailed rate-of-return and strategic studies prepared by his troops; and (4) The behavior of peer companies, whether they are expanding, acquiring, setting executive compensation or whatever, will be mindlessly imitated.
Warren Buffett (The Essays of Warren Buffett: Lessons for Corporate America)
Everybody we know surrounds himself with a fine house, fine books, conservatory, gardens, equipage, and all manner of toys, as screens to interpose between himself and his guest. Does it not seem as if man was of a very sly, elusive nature, and dreaded nothing so much as a full rencontre front to front with his fellow?
Ralph Waldo Emerson (Essays on Manners, Self-Reliance, Compensation, Nature, Friendship)
I am developing new coping mechanisms for lost words and lost negatives, as here for instance: compensate by describing the episode instead. When something is lost, redirect energy, follow the derivé, the chance and flow of what life tosses us, and make something new instead. Remember that I'm often struck by certain passages of descriptive writing, writing that is not about driving home a point but about providing detail, background, setting the scene (it's tempting to call this the stadium of writing). It has a "something from nothing" quality: a pleasurable experience has been had, and no one has paid a price. Remember that writing does not have to be torture (107).
Moyra Davey (Long Life Cool White: Photographs and Essays)
Increasingly, though, for those penned into cities with no view of the stars and no taste of clean air and nothing but grass between the cracks in the pavement to nourish their sense of the wild, this is no freedom at all. We have made ourselves caged animals, and all the gadgets in the world cannot compensate for what we have lost. Humans
Paul Kingsnorth (Confessions of a Recovering Environmentalist and Other Essays)
We hunger for artworks that will compensate for our inner fragilities and help to return us to a viable mean.
The School of Life (What is Culture For? (Essay Books))
Devaluation of the Earth, hostility towards the Earth, fear of the Earth: these are all from the psychological point of view the expression of a weak patriarchal consciousness that knows no other way to help itself than to withdraw violently from the fascinating and overwhelming domain of the Earthly. For we know that the archetypal projection of the Masculine experiences, not without justice, the Earth as the unconscious-making, instinct-entangling, and therefore dangerous Feminine. At the same time the projection of the masculine anima is mingled with the living image of the Earth archetype in the unconscious of man; and the more one-sidedly masculine man's conscious mind is the more primitive, unreliable, and therefore dangerous his anima will be. However, the Earth archetype, in compensation to the divinity of the archetype of Heaven and the Father, that determined the consciousness of medieval man, is fused together with the archaic image of the Mother Goddess. Yet in its struggle against this Mother Goddess, the conscious mind, in its historical development, has had great difficulty in asserting itself so as to reach its – patriarchal - independence. The insecurity of this conscious mind-and we have profound experience of how insecure the position of the conscious mind still is in modern man-is always bound up with fear of the unconscious, and no well-meaning theory "against fear" will be able to rid the world of this deeply rooted anxiety, which at different times has been projected on different objects. Whether this anxiety expresses itself in a religious form as the medieval fear of demons or witches, or politically as the modern fear of war with the State beyond the Iron Curtain, in every case we are dealing with a projection, though at the same time the anxiety is justified. In reality, our small ego-consciousness is justifiably afraid of the superior power of the collective forces, both without and within. In the history of the development of the conscious mind, for reasons which we cannot pursue here, the archetype of the Masculine Heaven is connected positively with the conscious mind, and the collective powers that threaten and devour the conscious mind both from without and within, are regarded as Feminine. A negative evaluation of the Earth archetype is therefore necessary and inevitable for a masculine, patriarchal conscious mind that is still weak. But this validity only applies in relation to a specific type of conscious mind; it alters as the integration of the human personality advances, and the conscious mind is strengthened and extended. A one-sided conscious mind, such as prevailed in the medieval patriarchal order, is certainly radical, even fanatical, but in a psychological sense it is by no means strong. As a result of the one-sidedness of the conscious mind, the human personality becomes involved in an equally one-sided opposition to its own unconscious, so that actually a split occurs. Even if, for example, the Masculine principle identifies itself with the world of Heaven, and projects the evil world of Earth outwards on the alien Feminine principle, both worlds are still parts of the personality, and the repressing masculine spiritual world of Heaven and of the values of the conscious mind is continually undermined and threatened by the repressed but constantly attacking opposite side. That is why the religious fanaticism of the representatives of the patriarchal World of Heaven reached its climax in the Inquisition and the witch trials, at the very moment when the influence of the archetype of Heaven, which had ruled the Middle Ages and the previous period, began to wane, and the opposite image of the Feminine Earth archetype began to emerge.
Erich Neumann (The Fear of the Feminine and Other Essays on Feminine Psychology)
The worst of what is called good society is not only that it offers us the companionship of people who are unable to win either our praise or our affection, but that it does not allow of our being that which we naturally are; it compels us, for the sake of harmony, to shrivel up, or even alter our shape altogether. Intellectual conversation, whether grave or humorous, is only fit for intellectual society; it is downright abhorrent to ordinary people, to please whom it is absolutely necessary to be commonplace and dull. This demands an act of severe self-denial; we have to forfeit three-fourths of ourselves in order to become like other people. No doubt their company may be set down against our loss in this respect; but the more a man is worth, the more he will find that what he gains does not cover what he loses, and that the balance is on the debit side of the account; for the people with whom he deals are generally bankrupt,—that is to say, there is nothing to be got from their society which can compensate either for its boredom, annoyance and disagreeableness, or for the self-denial which it renders necessary. Accordingly, most society is so constituted as to offer a good profit to anyone who will exchange it for solitude. Nor
Arthur Schopenhauer (The Essays of Arthur Schopenhauer; Counsels and Maxims)
I did not pay much attention, and since it seemed to prolong itself I began to meditate upon the writer’s life. It is full of tribulation. First he must endure poverty and the world’s indifference; then, having achieved a measure of success, he must submit with a good grace to its hazards. He depends upon a fickle public. He is at the mercy of journalists who want to interview him and photographers who want to take his picture, of editors who harry him for copy and tax gatherers who harry him for income tax, of persons of quality who ask him to lunch and secretaries of institutes who ask him to lecture, of women who want to marry him and women who want to divorce him, of youths who want his autograph, actors who want parts and strangers who want a loan, of gushing ladies who want advice on their matrimonial affairs and earnest young men who want advice on their compositions, of agents, publishers, managers, bores, admirers, critics, and his own conscience. But he has one compensation. Whenever he has anything on his mind, whether it be a harassing reflection, grief at the death of a friend, unrequited love, wounded pride, anger at the treachery of someone to whom he has shown kindness, in short any emotion or any perplexing thought, he has only to put it down in black and white, using it as the theme of a story or the decoration of an essay, to forget all about it. He is the only free man.
W. Somerset Maugham (Cakes and Ale)
As no man had ever a point of pride that was not injurious to him, so no man had ever a defect that was not somewhere made useful to him. The stag in the fable admired his horns and blamed his feet, but when the hunter came, his feet saved him, and afterwards, caught in the thicket, his horns destroyed him.
Ralph Waldo Emerson (Compensation: An Excerpt from Collected Essays, First Series)
Some writers supply the solid virtues of a husband: reliability, intelligibility, generosity, decency. There are other writers in whom one prizes the gifts of a lover, gifts of temperament rather than of moral goodness. Notoriously, women tolerate qualities in a lover — moodiness, selfishness, unreliability, brutality — that they would never countenance in a husband, in return for excitement, an infusion of intense feeling. In the same way, readers put up with unintelligibility, obsessiveness, painful truths, lies, bad grammar — if, in compensation, the writer allows them to savor rare emotions and dangerous sensations.
Susan Sontag (Against Interpretation and Other Essays)
Ralph Waldo Emerson had this truth in mind when he said (in his essay on Compensation), “If you serve an ungrateful master, serve him the more. Put God in your debt. Every stroke shall be repaid. The longer the payment is withholden, the better for you; for compound interest on compound interest is the rate and usage of this exchequer
Napoleon Hill (The Master Key to Riches)
Unpaid internships lock out millions of talented young people based on class alone. They send the message that work is not labor to be compensated with a living wage, but an act of charity to the powerful, who reward the unpaid worker with "exposure" and "experience." The promotion of unpaid labor has already eroded opportunity—and quality—in fields like journalism and politics. A false meritocracy breeds mediocrity.
Sarah Kendzior (The View From Flyover Country: Essays by Sarah Kendzior)
the essays written by Améry at this time about his personal past and present contain insights, based on the most direct experience, into the irreparable condition of those victims, and it is from such insights alone that the true nature of the terror visited on them can be extrapolated with some precision. It is part of the psychic and social condition of the victim that he cannot receive compensation for what was done to him.
W.G. Sebald (On the Natural History of Destruction)
It is not enough for a population or a section of the population to have Christian faith and be docile to the ministers of religion in order to be in a position properly to judge political matters. If this population has no political experience, no taste for seeing clearly for itself nor a tradition of initiative and critical judgment, its position with respect to politics grows more complicated, for nothing is easier for political counterfeiters than to exploit good principles for purposes of deception, and nothing is more disastrous than good principles badly applied. And moreover nothing is easier for human weakness than to merge religion with prejudices of race, family or class, collective hatreds, passions of a clan and political phantoms which compensate for the rigors of individual discipline in a pious but insufficiently purified soul. Politics deal with matters and interests of the world and they depend upon passions natural to man and upon reason. But the point I wish to make here is that without goodness, love and charity, all that is best in us—even divine faith, but passions and reason much more so—turns in our hands to an unhappy use. The point is that right political experience cannot develop in people unless passions and reason are oriented by a solid basis of collective virtues, by faith and honor and thirst for justice. The point is that, without the evangelical instinct and the spiritual potential of a living Christianity, political judgment and political experience are ill protected against the illusions of selfishness and fear; without courage, compassion for mankind and the spirit of sacrifice, the ever-thwarted advance toward an historical ideal of generosity and fraternity is not conceivable.
Jacques Maritain (Christianity & Democracy (Essay Index Reprint Series) (English and French Edition))
But he has one compensation. Whenever he has anything on his mind, whether it be a harassing reflection, grief at the death of a friend, unrequited love, wounded pride, anger at the treachery of someone to whom he has shown kindness, in short any emotion or any perplexing thought, he has only to put it down in black and white, using it as a theme of a story or the decoration of an essay, to forget all about it. He is the only free man.
W. Somerset Maugham (Cakes and Ale)
In marriage, the woman compensates for her lack of external power by commandeering the story. Isn't that right? She fills the silence, the mystery of her own acts and aims, with a structured account of life whose relationship to the truth might sometimes be described as voluntary. I am familiar with that account: I spent my childhood listening to it. And what I noticed was how, over the years, its repetitions and elisions and exaggerations ceased to exasperate its listeners so much as silence them. After a while, people stopped bothering to try to put the record straight: on the contrary, they became, in a curious way, dependent on the teller of this tale, in which they featured as central characters. The sheer energy and wilful, self-constructing logic of narrative, which at first made one cringe and protest every time the truth was dented, came over time to seem preferable to elusive, chaotic reality.
Rachel Cusk (Coventry: Essays)
I began to meditate upon the writer’s life. It is full of tribulation. First he must endure poverty and the world’s indifference; then, having achieved a measure of success, he must submit with a good grace to its hazards. He depends upon a fickle public. He is at the mercy of journalists who want to interview him and photographers who want to take his picture, of editors who harry him for copy and tax gatherers who harry him for income tax, of persons of quality who ask him to lunch and secretaries of institutes who ask him to lecture, of women who want to marry him and women who want to divorce him, of youths who want his autograph, actors who want parts and strangers who want a loan, of gushing ladies who want advice on their matrimonial affairs and earnest young men who want advice on their compositions, of agents, publishers, managers, bores, admirers, critics, and his own conscience. But he has one compensation. Whenever he has anything on his mind, whether it be a harassing reflection, grief at the death of a friend, unrequited love, wounded pride, anger at the treachery of someone to whom he has shown kindness, in short any emotion or any perplexing thought, he has only to put it down in black and white, using it as the theme of a story or the decoration of an essay, to forget all about it. He is the only free man.
W. Somerset Maugham
Turns out that when something gets cheaper, or more efficient, we just end up using so much more of the stuff that the savings disappear under a wave of increased consumption. They call it the “Jevons Paradox”, and it applies to pretty much any human resource. Halve the price of computer memory, we'll increase demand by a factor of four. Increase solar efficiency by ten times, we'll suck back twenty times as much of the stuff. And you just know that if we resort to geoengineering to buy time—use stratospheric sulfates to compensate for ongoing carbon emissions, for example—people will just be that much less inclined to cut those emissions any time soon. We are not wired for restraint; let us off the leash, and we will devour whatever is available.
Peter Watts (Peter Watts Is An Angry Sentient Tumor: Revenge Fantasies and Essays)
Canadian official multiculturalism has developed through the 1970s and '80s, and has become in the '90s a major part of Canadian political discourse in Canada rather than in the United States, which is also a multi-ethnic country, may be due to the lack of an assimilationist discourse so pervasive in the U.S. The melting pot thesis has not been popular in Canada, where the notion of a social and cultural mosaic has had a greater influence among liberal critics. This mosaic approach has not been compensated with an integrative politics of antiracism or of class struggle which is sensitive to the racialization involved in Canadian class formation. The organized labour movement in Canada has repeatedly displayed anti-immigrant sentiments. For any inspiration for an antiracist theorization and practice of class struggle Canadians have looked to the United States or the Caribbean.
Himani Bannerji (The Dark Side of the Nation: Essays on Multiculturalism, Nationalism, and Gender)
In an essay I wrote in 197140—using the few resources allowed me in my jail cell—I characterized the significance of the slave woman’s domestic functions in the following way: “In the infinite anguish of ministering to the needs of the men and children around her …, she was performing the only labor of the slave community which could not be directly and immediately claimed by the oppressor. There was no compensation for work in the fields; it served no useful purpose for the slaves. Domestic labor was the only meaningful labor for the slave community as a whole.… “Precisely through performing the drudgery which has long been a central expression of the socially conditioned inferiority of women, the Black woman in chains could help to lay the foundation for some degree of autonomy, both for herself and her men. Even as she was suffering under her unique oppression as female, she was thrust into the center of the slave community. She was, therefore, essential to the survival of the community.” I
Angela Y. Davis (Women, Race, & Class)
The history of persecution is a history of endeavors to cheat nature, to make water run up hill, to twist a rope of sand. It makes no difference whether the actors be many or one, a tyrant or a mob. A mob is a society of bodies voluntarily bereaving themselves of reason and traversing its work. The mob is man voluntarily descending to the nature of the beast. Its fit hour of activity is night. Its actions are insane, like its whole constitution. It persecutes a principle; it would whip a right; it would tar and feather justice, by inflicting fire and outrage upon the houses and persons of those who have these. It resembles the prank of boys, who run with fire-engines to put out the ruddy aurora streaming to the stars. The inviolate spirit turns their spite against the wrongdoers. The martyr cannot be dishonored. Every lash inflicted is a tongue of fame; every prison a more illustrious abode; every burned book or house enlightens the world; every suppressed or expunged word reverberates through the earth from side to side. The minds of men are at last aroused; reason looks out and justifies her own and malice finds all her work in vain. It is the whipper who is whipped and the tyrant who is undone.
Ralph Waldo Emerson (Compensation: An Excerpt from Collected Essays, First Series)
These Claudines, then…they want to know because they believe they already do know, the way one who loves fruit knows, when offered a mango from the moon, what to expect; and they expect the loyal tender teasing affection of the schoolgirl crush to continue: the close and confiding companionship, the pleasure of the undemanding caress, the cuddle which consummates only closeness; yet in addition they want motherly putting right, fatherly forgiveness and almost papal indulgence; they expect that the sights and sounds, the glorious affairs of the world which their husbands will now bring before them gleaming like bolts of silk, will belong to the same happy activities as catching toads, peeling back tree bark, or powdering the cheeks with dandelions and oranging the nose; that music will ravish the ear the way the trill of the blackbird does; that literature will hold the mind in sweet suspense the way fairy tales once did; that paintings will crowd the eye with the delights of a colorful garden, and the city streets will be filled with the same cool dew-moist country morning air they fed on as children. But they shall not receive what they expect; the tongue will be about other business; one will hear in masterpieces only pride and bitter contention; buildings will have grandeur but no flowerpots or chickens; and these Claudines will exchange the flushed cheek for the swollen vein, and instead of companionship, they will get sex and absurd games composed of pinch, leer, and giggle—that’s what will happen to “let’s pretend.” 'The great male will disappear into the jungle like the back of an elusive ape, and Claudine shall see little of his strength again, his intelligence or industry, his heroics on the Bourse like Horatio at the bridge (didn’t Colette see Henri de Jouvenel, editor and diplomat and duelist and hero of the war, away to work each day, and didn’t he often bring his mistress home with him, as Willy had when he was husband number one?); the great affairs of the world will turn into tawdry liaisons, important meetings into assignations, deals into vulgar dealings, and the en famille hero will be weary and whining and weak, reminding her of all those dumb boys she knew as a child, selfish, full of fat and vanity like patrons waiting to be served and humored, admired and not observed. 'Is the occasional orgasm sufficient compensation? Is it the prize of pure surrender, what’s gained from all that giving up? There’ll be silk stockings and velvet sofas maybe, the customary caviar, tasting at first of frog water but later of money and the secretions of sex, then divine champagne, the supreme soda, and rubber-tired rides through the Bois de Boulogne; perhaps there’ll be rich ugly friends, ritzy at homes, a few young men with whom one may flirt, a homosexual confidant with long fingers, soft skin, and a beautiful cravat, perfumes and powders of an unimaginable subtlety with which to dust and wet the body, many deep baths, bonbons filled with sweet liqueurs, a procession of mildly salacious and sentimental books by Paul de Kock and company—good heavens, what’s the problem?—new uses for the limbs, a tantalizing glimpse of the abyss, the latest sins, envy certainly, a little spite, jealousy like a vaginal itch, and perfect boredom. 'And the mirror, like justice, is your aid but never your friend.' -- From "Three Photos of Colette," The World Within the Word, reprinted from NYRB April 1977
William H. Gass (The World Within the Word)
From an essay on early reading by Robert Pinsky: My favorite reading for many years was the "Alice" books. The sentences had the same somber, drugged conviction as Sir John Tenniel's illustrations, an inexplicable, shadowy dignity that reminded me of the portraits and symbols engraved on paper money. The books were not made of words and sentences but of that smoky assurance, the insistent solidity of folded, textured, Victorian interiors elaborately barricaded against the doubt and ennui of a dreadfully God-forsaken vision. The drama of resisting some corrosive, enervating loss, some menacing boredom, made itself clear in the matter-of-fact reality of the story. Behind the drawings I felt not merely a tissue of words and sentences but an unquestioned, definite reality. I read the books over and over. Inevitably, at some point, I began trying to see how it was done, to unravel the making--to read the words as words, to peek behind the reality. The loss entailed by such knowledge is immense. Is the romance of "being a writer"--a romance perhaps even created to compensate for this catastrophic loss--worth the price? The process can be epitomized by the episode that goes with one of my favorite illustrations. Alice has entered a dark wood--"much darker than the last wood": [S]he reached the wood: It looked very cool and shady. "Well, at any rate it's a great comfort," she said as she stepped under the trees, "after being so hot, to get into the--into the--into what?" she went on, rather surprised at not being able to think of the word. "I mean to get under the--under the--under this, you know!" putting her hand on the trunk of the tree. "What does it call itself, I wonder? I do believe it's got no name--why to be sure it hasn't!" This is the wood where things have no names, which Alice has been warned about. As she tries to remember her own name ("I know it begins with L!"), a Fawn comes wandering by. In its soft, sweet voice, the Fawn asks Alice, "What do you call yourself?" Alice returns the question, the creature replies, "I'll tell you, if you'll come a little further on . . . . I can't remember here". The Tenniel picture that I still find affecting illustrates the first part of the next sentence: So they walked on together through the wood, Alice with her arms clasped lovingly round the soft neck of the Fawn, till they came out into another open field, and here the Fawn gave a sudden bound into the air, and shook itself free from Alice's arm. "I'm a Fawn!" it cried out in a voice of delight. "And dear me! you're a human child!" A sudden look of alarm came into its beautiful brown eyes, and in another moment it had darted away at full speed. In the illustration, the little girl and the animal walk together with a slightly awkward intimacy, Alice's right arm circled over the Fawn's neck and back so that the fingers of her two hands meet in front of her waist, barely close enough to mesh a little, a space between the thumbs. They both look forward, and the affecting clumsiness of the pose suggests that they are tripping one another. The great-eyed Fawn's legs are breathtakingly thin. Alice's expression is calm, a little melancholy or spaced-out. What an allegory of the fall into language. To imagine a child crossing over from the jubilant, passive experience of such a passage in its physical reality, over into the phrase-by-phrase, conscious analysis of how it is done--all that movement and reversal and feeling and texture in a handful of sentences--is somewhat like imagining a parallel masking of life itself, as if I were to discover, on reflection, that this room where I am writing, the keyboard, the jar of pens, the lamp, the rain outside, were all made out of words. From "Some Notes on Reading," in The Most Wonderful Books (Milkweed Editions)
Robert Pinsky
It does not mean that one’s personal experiences constitute a sufficient sample to derive a conclusion about an idea; it is just that one’s personal experience gives the stamp of authenticity and sincerity of opinion. Experience is devoid of the cherry-picking that we find in studies, particularly those called “observational,” ones in which the researcher finds past patterns, and, thanks to the sheer amount of data, can therefore fall into the trap of an invented narrative. Further, in writing, I feel corrupt and unethical if I have to look up a subject in a library as part of the writing itself. This acts as a filter—it is the only filter. If the subject is not interesting enough for me to look it up independently, for my own curiosity or purposes, and I have not done so before, then I should not be writing about it at all, period. It does not mean that libraries (physical and virtual) are not acceptable; it means that they should not be the source of any idea. Students pay to write essays on topics for which they have to derive knowledge from a library as a self-enhancement exercise; a professional who is compensated to write and is taken seriously by others should use a more potent filter. Only distilled ideas, ones that sit in us for a long time, are acceptable—and those that come from reality.
Nassim Nicholas Taleb (Antifragile: Things that Gain from Disorder)
If the prices rise in a continuous manner and if the borrower as a result gains a supplementary profit from the sale of the merchandise which he bought with the borrowed money, he will be disposed to pay a higher rate of interest than he would have paid in a period of stable prices; the capitalist, on the other hand, will not be disposed to lend under these conditions, unless the interest includes a compensation for the losses which the diminution in the purchasing power of money entails for creditors.
Ludwig von Mises (The Austrian Theory of the Trade Cycle and Other Essays (LvMI))
Under the name of guilds, friendships, brotherhoods, universities, etc., associations multiplied: for mutual defence, to avenge affronts suffered by some member of the association and to express solidarity, to replace 'eye for an eye' vengeance by compensation, followed by acceptance of the aggressor into the brotherhood
Pyotr Kropotkin (Anarchism, Anarchist Communism, and The State: Three Essays (Revolutionary Pocketbooks))
If the widget company consistently earned a superior return on capital throughout the period, or if capital employed only doubled during the CEO’s reign, the praise for him may be well deserved. But if return on capital was lackluster and capital employed increased in pace with earnings, applause should be withheld. A savings account in which interest was reinvested would achieve the same year-by-year increase in earnings—and, at only 8% interest, would quadruple its annual earnings in 18 years. The power of this simple math is often ignored by companies to the detriment of their shareholders. Many corporate compensation plans reward managers handsomely for earnings increases produced solely, or in large part, by retained earnings—i.e., earnings withheld from owners. For example, ten-year, fixed-price stock options are granted routinely, often by companies whose dividends are only a small percentage of earnings. An example will illustrate the inequities possible under such circumstances. Let’s suppose that you had a $100,000 savings account earning 8% interest and “managed” by a trustee who could decide each year what portion of the interest you were to be paid in cash. Interest not paid out would be “retained earnings” added to the savings account to compound. And let’s suppose that your trustee, in his superior wisdom, set the “pay-out ratio” at one-quarter of the annual earnings.
Lawrence A. Cunningham (The Essays of Warren Buffett: Lessons for Corporate America)
If options aren't a form of compensation, what are they? If compensation isn't an expense, what is it? And, if expenses shouldn't go into the calculation of earnings, where in the world should they go?
Warren Buffett (The Essays of Warren Buffett : Lessons for Corporate America)
Trumpeting EBITDA (earnings before interest, taxes, depreciation and amortization) is a particularly pernicious practice. Doing so implies that depreciation is not truly an expense, given that it is a “non-cash” charge. Imagine, if you will, that at the beginning of this year a company paid all of its employees for the next ten years of their service (in the way they would lay out cash for a fixed asset to be useful for ten years). In the following nine years, compensation would be a “non-cash” expense—a reduction of a prepaid compensation asset established this year. Would anyone care to argue that the recording of the expense in years two through ten would be simply a bookkeeping formality?
Warren Buffett (The Essays of Warren Buffett : Lessons for Corporate America)
The growing cerebrality of machines must logically be expected to occasion a technological purification of bodies. Inasmuch as bodies are less and less able to count on their own antibodies, they are more and more in need of protection from outside. An artificial sterilization of all environments must compensate for faltering internal immunological defences. And if these are indeed faltering, it is because the irreversible process often referred to as progress tends to strip the human body and mind of their systems of initiative and defence, reassigning these functions to technical artifacts. Once dispossessed of their defences, human beings become eminently vulnerable to science and technology; dispossessed of their passions, they likewise become eminently vulnerable to psychology and its attendant therapies; similarly, too, once relieved of emotions and illnesses, they become eminently vulnerable to medicine.
Jean Baudrillard (The Transparency of Evil: Essays in Extreme Phenomena)
IF this society ascribes roles to Black men which they are not allowed to fulfill, is it Black women who must bend and alter our lives to compensate, or is it society that needs changing? And why should Black men accept these roles as correct ones, or anything other than a narcotic promise encouraging acceptance of other facets of their own oppression?
Audre Lorde (Sister Outsider: Essays and Speeches)
...people consistently misunderstand the logic of these feminine narratives, wherein what looks like self-abasement is very often an inverse form of self-display and self-assertion. That it should be so often mistaken is not surprising: every effort is made to make the self-abasement as persuasive as possible. Think of medieval mystics offering to rip holes in their chests so that Jesus might enter, or present-day comediennes and columnists tearing strips off themselves--death by a thousand self-deprecations. And yet don't they all, as Orwell put it--describing the "sheer egoism" of writers--"live their own lives to the end"? Doesn't Carrie always do, in the end, exactly what she pleases? So why write it otherwise? Perhaps because there is no clear feminine language for triumph, no "bragging rights," no external symbols that bespeak luck and power. We can't, as the saying goes, pull it out and slap it on the table. The male narrative ego has never lacked avatars--from the labors of Hercules to the complaints of Portnoy--but female egos, for so long without access to mainstream narrative avenues, seem to have compensated by charting strange and indirect side roads. Heroic tales that don't sound heroic. Self-performance that looks like self-obliteration. But egos we do have. We want, and we get. It's simply a devious sort of wanting, always changing, adapting to circumstance--or, better put--always apparently reacting. --pp.292-293
Zadie Smith (Feel Free: Essays)
Does anyone seriously suggest that blacks in America today would be better off if they were in Africa? If not, then what is the compensation for?
Thomas Sowell (Controversial Essays (Hoover Institution Press Publication))