Tom Ellis
2 min readSep 10, 2022

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I'm glad you have discovered this, Alexei. You are quite right that "service to others" is not the ethos of Harvard Business School (nor in fact, any other business school that I know of.) Rather, it is all about ego: get rich, innovate, make a name for yourself, accomplish great things (for yourself or your company--not for others or the planet).

It is the ethos of what I call "Glomart" (short for the Global Market Economy), which is my shorthand for the complex adaptive system that started with the invention of money as an arithmetical medium of trade--probably around the Agricultural Revolution-- and that was turbocharged by the Industrial Revolution.

Like any other complex adaptive system, Glomart runs on a simple set of production rules, rooted in the arithmetical logic of money: (1) more is always better; (2) what's mine is not yours. These are, of course, the rules of a Monopoly game. Any system that runs these rules on a finite playing field (e.g. the Earth) follows the exact same trajectory as a Monopoly game: the winners get more and more money and power, while everyone else has less and less, until the winners own everything, the rest of us have nothing, and we are all in debt to the winners for our houses and hotels!

Only in the real world it is worse. Glomart can only fulfill its inbuilt, algorithmic destiny--endless growth of production and consumption of commodities--by transforming nature into commodities as quickly and efficiently as possible: forests into board feet, oceans into fisheries, meadows into monocultures, and oil into fertilizer to keep the exhausted topsoil of these monocultures producing food and people. In effect, Glomart has become the cancer of the Earth--a maximizing system feeding upon its own biological support system. This is the sole agenda of business: the bottom line is always the bottom line; life, community, and others be damned.

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Tom Ellis
Tom Ellis

Written by Tom Ellis

I am a retired English professor now living in Oregon, and a life-long environmental activist, Buddhist, and holistic philosopher.

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