Is politics all local, or global?Banc of America Investment Services Inc. is ... authoritarian. The bastards.
Michael Paul Williams, Richmond Times-Dispatch
Do you want someone in New York City or Charlotte, N.C., deciding who can run for office in Richmond?
Benjamin J. Lambert IV had already begun stumping for the 3rd District seat on the Richmond School Board when his employer, a subsidiary of Charlotte-based Bank of America, put a stop order on his campaign.
Lambert is a vice president and financial adviser for Banc of America Investment Services Inc. He was attempting to unseat Carol A.O. Wolf.
A Manhattan-based spokesman for Bank of America said in an e-mail that Banc of America Investment Services "takes a conservative view on actual or perceived conflicts of interest."
From here, it looks like an authoritarian view. (link)
Well, welcome to my world, man.
This is going to come as a shock to some - especially those whose lives are spent inside cloistered news buildings - but corporations are by their very nature authoritarian (Ben & Jerry's and a few other "new age" entrepreneurs tried some whacked out alternatives but even they fell in line after a time). And they always have been. I've even worked for a few corporations that could be described as being Stalinist, with the promotion of the cult-figure hero CEO and the whole nine yards.
Corporations are not only authoritarian (Webster's: "Characteristic of an absolute ruler or absolute rule; having absolute sovereignty"), they are sometimes cruel and uncaring. And the leadership thereof often act selfishly (in the best interests of the owners of the company they represent - the shareholders) and make decisions that outsiders (particularly newspaper columnists) don't appreciate. That's why they work so well.
I am today - in a small way - one authoritarian figure in a huge authoritarian conglomerate. Within my assigned realm, I rule. I set the parameters. I assign job tasks. I expect and monitor results. I hire; I fire. Because I owe it to the owners of the company to maximize sales and profitability.
It's not a democracy. There is no committee vote. We don't call the U.N. for a resolution. We don't tune in to Oprah to see what our next move should be. We perceive problems and opportunities and act upon them - in whatever way and with whatever means are necessary (within the law) to maximize shareholder equity.
It is authoritarian. It can be harsh and unforgiving. It's survival of the fittest in its purest form. And I wouldn't have it any other way.