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A Manifesto From A Young American

Print This Post Print This Post    15 Nov 2007 in Green Travel, Politics by Tim Patterson

Tim closeup

Today I ended my hypocrisy. Today I made a step towards moral and existential sanity. Today I stopped supporting a malevolent, inhuman and amoral force.

Today I sold my stock in multinational corporations.

Let me back up a moment. Two years ago, freshly graduated from an East Coast status enclave, I took a job in Japan, where I lived in a mountain community that is rapidly fading into a coal mine ghost town.

Well paid, and with no student loans thanks to my industrious grandfather, I needed something to do with the portion of my salary that didn’t go towards food and beer. The local bank paid interest rates of about .001 percent.

Where to put my money? How to turn it into more? Why did I want more money so badly?

These were three easy questions.

I wanted more money so that I could travel the world and indulge my dream of becoming a great writer

I wanted more money so that I could travel the world and indulge my dream of becoming a great writer, living like Hemingway in Paris, Spain and Cuba, fishing and chasing pretty girls. Not a bad goal, really.

I’m not all that smart, but my education has given me a small sniff of how the world economy functions. I know how to make money. Buy stocks.

The technique of buying stocks came naturally to me as well. It was just like playing Fantasy Baseball. With a little research and the click of a mouse, I bought the stock of big mining companies that are headquartered in the United States, Australia, China and Canada, but have operations in countries like Peru, Cambodia and Sudan.

Why did I buy these particular stocks?

Simple!

Because buying stock in international energy and mining corporations is one of the quickest, most reliable ways for rich people like me to get even more rich - this was true two years ago, and it’s still mostly true today. The elite of Shanghai, Sydney, Manhattan and Moscow all know this.

I managed my stock portfolio the same way I managed my fantasy baseball team, and I made plenty of travel money. I made enough to fulfill my fantasy and take an extended holiday. I chose my destination the same way I chose my stocks. What place would give me the best value?

Another easy answer - go to the Southeast Asian countries of Thailand, Cambodia and Laos. In Southeast Asia a young person like me can live like royalty for less than it costs to rent a studio apartment in Tokyo or Manhattan.

And I had a great time. For months, I sipped fresh mango juice on tropical beaches and managed my stock portfolio from Internet cafes. It was great. Except for one thing.

Show Me The Money

P1010075In Cambodia, there were people with no legs who dragged themselves across the sand. There were little metal bombs in the forest waiting to lash out and kill you. There were girls younger than anyone in my Facebook network selling their bodies in brothels.

There were businessmen, generals and politicians driving through the desiccated countryside in black Lexus SUVs with military license plates. There were luxury hotels with teak bars crowded with tourists like me, everyone sipping a taste of exotica.

Every day in Cambodia I saw injustice so obvious, so callous and so inhumane it filled me with a sense of guilt and rage.

So I did what my generation does best: I looked for entertainment elsewhere.

I left the beach, and took a bus way off into the boondocks, to a province called Mondulkiri that borders Vietnam. There, I nearly killed myself drinking Mekong Whiskey and rode elephants through upland forests that stretched far and green and pure for as far as the eye could see. I had adventures. I felt like the hero in a Graham Greene novel.

One clear day I was driving through the forest with a 24 year old Englishman named Jack Highwood, one of only a few foreigners who lives in Mondulkiri. Jack runs two projects: a bar called the Middle of Somewhere and an NGO that promotes healthy coexistence between people and elephants.

“It’s a shame all this is done for,” said Jack mournfully, reaching for his cigarette lighter.

“What do you mean?” I asked.

BHP Billiton bought the rights to this whole forest,” he said. “It’ll be stripped clean.”

BHP Billiton is one of the stocks I bought in Japan. BHP Billiton has given me over $12,000. Seeing the letters ‘BHP’ gives me a soft, warm, proud feeling. I tried to look on the bright side.

“Maybe you could work out some sort of partnership with them,” I suggested. “Get some money for your NGO.”

Jack braked for a pothole and looked at me sideways. “Maybe if there was a scrap of good in what they stand for,” he said. “But there’s not.”

Reality Bites

Deep down, I knew that what Jack said was true. But instead of selling my BHP stock, I bought more and went to Laos.

Laos…beautiful Laos. Laos was surely paradise. In Laos I ate tropical fruit and played in pristine waterfalls. I ambled through golden temples and drank cold beer by the Mekong River. But I also felt a certain tension. I sensed fear and desperate paranoia. I smelled smoke.

The smoke was easy to explain. Laos was on fire. It was the dry season, and the mountain forests were burning night and day. The hazy air made for spectacular sunsets.

Laos childrenBut the tension…that was harder to account for, because the people of Laos could not have been more hospitable and kind. I met monks and farmers and earnest young students. I felt no animosity - only that vague and unsettling paranoia.

One day I learned that when my father was my age, an army captain in Vietnam, the United States haphazardly dropped millions of tons of bombs and deadly chemical weapons from airplanes onto Laos. They dropped 500 pounds of high explosives for every man, woman, child and baby in the country. They tried to bomb Laos back to the Stone Age, and they almost did. Many survivors lived in caves.

I wondered why.

The answer, I discovered, was that the Americans were nervous. They dropped all those millions of tons of bombs on monks and mothers and rice farmers living in bamboo huts because they were worried they might not be able to control them. For years, they kept the bombing secret from the American people.

Now, I know which people made the decision to bomb Laos and Cambodia. I’ve met some of them. I’ve sat down at a table and broken bread with former Defense Secretary and World Bank President Robert McNamara, who made decisions that are directly responsible for the deaths of millions of innocents, vast ecological destruction and the hopeless, cringing poverty of entire nations.

And the thing I couldn’t get, the thing I couldn’t understand, was this:

Robert McNamara is a good man. He loves to go hiking in Colorado. He is deeply intelligent and sincere. When, on the day I joined him for lunch, a student asked Mr. McNamara how it feels to be one of the biggest murderers of the twentieth century, I thought the question was inappropriate and cruel. For the record, Mr. McNamara replied by saying, “I don’t think I am.”

How could upstanding citizens like Robert McNamara be responsible for the utterly inhuman apocalypse of mortal thunder unleashed on Laos? How could good people be responsible for such evil?

I didn’t have the answer to this question, so I bought stock in a company called Goldcorp and went to Thailand.

The Ignorance of Evil

By the time I got to Thailand, I had put so much money into stocks, I didn’t have much left in my travel fund. Instead of redeeming my precious stock, I went to a farm where I could live for close to free.

P1010725Life on this farm was strangely simple. Food came from the garden and was delicious. Sun came from the sky and was warm. Water came from the river and was laced with invisible poison - carcinogenic pesticides produced by multinational corporations and shipped by the ton to countries like Thailand.

The weirdest thing was that even though I spent almost no money while living at the farm, buying little more than bottled water, I have never been happier. I worked with my hands in the earth. I slept well and deep. My food tasted great and made my body healthy. I started each day with a sunrise. At dusk I listened to music while stars flickered in the purple sky.

But I still didn’t sell my stock.

I didn’t decide to sell my stock until today, when I was driving through the golden autumn hills of Vermont listening to an old man’s voice - loud and brave and clear: “Sing a sadder song of freedom,” he sang. “Slowly sinking like the sun.”

Next to me in the passenger seat was a beautiful young woman named Becky who I’m starting to like (although I haven’t told her so yet).

And I got to thinking - what if, someday, I marry someone wonderful like Becky? What if we have children? What world - what truth - do I want my children to know?

Knowledge and Morality

When a wealthy American like me buys a stock, or invests in a mutual fund, that action has a very real impact somewhere in the world. All too often, that impact is invisible, totally divorced from moral consequence.

The gap between action and consequence is the central problem of the global market based economy. There is no room for moral judgment in a system that only rewards profit.

The key is active, empowered awareness. When you travel, think about where your money is going, and what exactly you are supporting.

Just as Robert McNamara and the men who incinerated Laos would never, could never, have torched bamboo huts and Buddhist temples by hand, so too would American stockholders recoil from the real damage inherent - but invisible - in their carefully managed stock portfolios.

When tons of bombs and rates of return become abstract numbers, we lose the qualities that make us moral beings. We become inhuman.

The refreshing news is that we have the potential to recapture our morality. Just as our money can do evil, poisoning water systems, displacing indigenous people and destroying the forests that are this planet’s lungs, money invested with care and attention can be a force for good.

The key is active, empowered awareness. When you travel, think about where your money is going, and what exactly you are supporting.

Likewise, when you invest in a stock, or a fund, or even just go shopping for a new pair of shoes, make the effort to consider the moral implications of your action.

These are exciting times in which to live. The possibilities are endless. We have more freedom than any generation before us, but that freedom is dangerous and destructive without moral awareness. We must not succumb to ignorance, fear and greed.

Our character is defined by the choices we make. Ultimately, the fate of the planet may depend on our ability to extend our empathy across oceans, to act with knowledge, and most importantly, to act with love.

BNT contributing editor Tim Patterson travels with a sleeping bag and pup tent strapped to the back of his folding bicycle. His articles and travel guides have appeared in The San Francisco Chronicle, Get Lost Magazine, Tales Of Asia and Traverse Magazine. Check out his personal site Rucksack Wanderer.

How to apply human morality to global issues? Here are a couple of articles that give us an idea: “The Journey Begins With A Single Step” and “Why The GDP Says Little About Authentic Happiness

And please leave comments below!

Tim Patterson

BNT contributing editor Tim Patterson travels with a sleeping bag and pup tent strapped to the back of his folding bicycle. His articles and travel guides have appeared in The San Francisco Chronicle, Get Lost Magazine, Tales Of Asia and Traverse Magazine. Check out his personal site Rucksack Wanderer.

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45 Comments »

  1. Comment by Ben Steele — November 15, 2007

    Hi Tim,

    I really enjoyed reading this post. I wonder how the market makers in the stockworld feel about the impact they have? I would imagine it takes a certain amount of emotional detachment. Maybe you should try and get hold of someone to comment on this post for a follow up?

  2. Comment by Olivebeard — November 15, 2007

    Congrats, Tim! Lord knows, pulling massive amounts of money from ideologically defunct corporation will go a lot farther than your average greenpeace tree-chaining or campus hunger strike. I have seen, firsthand, this creature known as the “publicly-held corporation” and it knows only the language of profit. ;)

  3. Comment by Peter Kessler — November 15, 2007

    You’re ignorance must come from the left’s standard propaganda.
    Laos was a country sparsely populated, the bombings were used to interdict roads, bomb B-52 loads on trail intersections, and hunt truck convoys in the middle of the night.
    The Foreign Minister didn’t let us choke off the supplies and men traveling south. he had a half brother who was a Vietnamese puppet leader of the communists in Laos. If we were allowed to cut Route 9) a short distance (Done in 3 days of good weather)the war would have been over and the bombing of intersections and convoy unnecessary. He didn’t allow that until the war was lost and he realized the communist would be winners and he would be lucky to excape with his lfe.

  4. Comment by George Evans — November 15, 2007

    I like the idea of not owning stock in evil corporations, but if you want your money to make more money that leaves limited options.
    Socially responsible investing seems promising. Buying socially responsible funds gives your money greater leverage buy combining it with money from like interested people. You also get idea the premise of peace of mind, but the definition of socially responsible can be arbitrary. Depending on the fund company their idea of socially responsible may not match yours.
    Banks are not models of moral responsibility and they use the money you deposit to fund all kinds of crazy investments over which depositors have no control.
    Buying individual stocks gives you next to no leverage unless you’re really rich.
    Maybe you should just say screw it and buy the vice fund.

    What did you decide to do?

  5. Comment by cam2yogi — November 15, 2007

    Awesome article Tim! Full support buddy. Have you decided or found any green companies to invest in?

  6. Comment by Tim Patterson — November 15, 2007

    Everyone, thanks so much for the comments. I really appreciate your thoughts.

    Ben - in regard to how market movers feel about their actions - yes, I think some self-delusion is necessary to do the job. Yesterday I had a long conversation with a former high-ranking bank official who moved markets around the world. He’s a good man, someone for whom I have a great deal of respect, and when we talked about leftist movements in South America he acknowledged that some people branded him an evil-doer…and them we changed topics and talked about the opera house in Buenos Aires. Distraction is easy.

    OliveBeard - I’ve really enjoyed your recent travel writing and perspectives. I think one way to add a few extra words (morality, impact) to the profit-speak vocabulary of multinationals is for travelers to document what they see, to bear witness to the real world impact of policies formulated around far-away boardroom tables.

    Mr. Kessler - Thanks very much for your perspective. I take it you were involved in the American war? It is indeed difficult to find hard facts on the bombing of Laos - but to my mind the sheer scale of the bombing speaks to its irrationality and inhumanity. Millions of tons of high-explosives and chemical weapons. Millions. Of tons. Over years and years. And yes - Northern Laos was and still is sparsely populated - farmers in bamboo huts in scattered settlements in a green forest - but that makes the sustained bombing campaign all the more insane, doesn’t it? What threat did those villagers pose to America?
    It’s my understanding that much of the bombing - perhaps a majority - was not specifically targeted to roads and intersections, but rather dropped indiscriminately over a broad swath of the Northern mountains. Do you have any suggestions for books us impressionable young folk should read? Honestly, I sincerely appreciate your thoughts.

    George - I haven’t decided what to do with most of my money. I’m intrigued by the idea of investing in local communities - good farmland, good friends and good health are the only real, tangible wealth. I’m also investing in renewable energy and water purification companies. There are two good ETFs (exchange traded funds) that focus on renewable technologies and water resources - ticker symbols are PBW and PHO. A couple of days ago I bought stock in a Chinese manufacturer of solar panels. Yeah - it’s impossible to be a fully moral being, short of renouncing possessions and wandering around with only a blanket (which I’m also considering) - but with a little common sense and informed honesty it’s possible to draw a distinction between rapacious corporations like BHP Billiton and more wholesome, more human, business endeavors - like, say, Microbreweries. Or buffalo ranching.

    Cam - thanks man - see my answer above re: green(er) companies. I think small scale, local, human endeavors are the place to invest.

    As a farmer once told me, “Money is like cow shit. It works best when you spread it around.”

  7. Comment by Laura — November 15, 2007

    Tim,
    Wow. Your article is really powerful. Every little decision we make (particularly as consumers) has ethical consequences, but the problem is that our lifestyles, and the systems we are immersed in, completely divorce us from knowledge of what the consequences are…The financial underworld (overworld?) is a big black box area, and most of us are not equipped
    with the capacity to understand it.

    For example, despite having two degrees, and repeated instruction from this
    analyst or that, I have no idea how to tell a B share from a C share and my eyes cross when I get a retirement prospectus –straight to the circular file! I’ll never get it. I don’t want to get it. It’s too intangible, an artificial construct that enslaves too many men- the ‘haves’ in one way, the ‘have nots’ in another. It could control me - if I let it.

    The trick is to SIMPLIFY. And one of the questions I struggle with is how to
    be an American yet live authentically and not become ensnared into a pit of
    complexity that drags us down, spiritually, financially, physically.

    There’s no doubt you need money in this world, its worsened when you have kids to provide for, but how does one make an honest living (esp. in the age of NAFTA) without having to live in a VAN down by the river? The systems are just not set up for living simply. I think we’re competing with forces we don’t understand.

  8. Comment by Jack — November 15, 2007

    http://souljerky.com/_media/sw.....s_life.swf

    Tim, I just discovered the above link yesterday, and I send it along to you because I suspect you will “get” it. It is not the destination, and the pile of money one might hope to find there, but the journey. This is a very well-written article and demonstrates a maturity I seldom find amongst all the …
    well, let’s just say your writing stands out. I have several decades on you, but it is very refreshing to see that there are some clear-headed, responsible, thoughtful, insiteful folks coming along behind me.
    I hope to see more of your writing.
    Jack

  9. Comment by Jeff — November 15, 2007

    Tim,
    I’ll give you my simple philosophy on morals and investing — save your conscience for the voting booth. BHP Billiton won’t make a single dime less because you dumped them as a shareholder — but you could be missing out on the profits, profits that you could put to a good cause. If you really want corporations to be more responsible, support political leaders here at home that will be tough on the corporations to make them live up to their commitments as global citizens. In business just as in sports, the game can only be fair if the officials enforce the rules.

    Like it or not, individual investors and consumers do not have the time, or unity of purpose, to enforce good corporate citizenship. That’s the job of governments.

  10. Comment by John — November 15, 2007

    Tim,

    What stocks did you invest in that made you all this dirty, dirty money? What kind of ROI were you getting? How much money did you end up making in the end? If you were going to single out some other terrible, horrible companies that make tons of money for their investors, what companies would they be so that everyone can be sure to avoid them.

  11. Comment by Aleksandar Lukic — November 15, 2007

    Very well written, and the most of all - true. Good luck in your journeys and I hope our paths will cross some day.

  12. Comment by Georgianna — November 15, 2007

    Thanks, I needed that. I found this at random, but really made me stop and think. I know a couple people who could stand to read this as well. I feel like I should say more, but I’ve got some thinking to do. I’ll share the thoughts as they come.

  13. Comment by Michael Sean — November 15, 2007

    What isn’t obvious to most is that a corporation has one and only one goal; to maximize shareholder value. They are not set up to worry about the environment or the people who inhabit it. That is why we have central governments, to keep corporations in line. Is it any wonder that you constantly hear the political right wing calling for smaller government? Stop voting in right wing foxes to guard the peoples’ hen house and maybe everyone will benefit from our resources, not just the rich.

    BTW in 1965 35% of all taxes in the US were paid by corporations. Now it’s below 8% and still dropping. Do you hear any of them saying they’re low enough? Hardly.

  14. Comment by CHEESE IT — November 15, 2007

    What you wrote was very refreshing and true. I wish and hope everyone felt the same.

  15. Comment by Amanda — November 15, 2007

    Excellent article. I’m glad you wrote it and glad that I found it. I’ve had a similar epipheny recently, although on- I suppose a much smaller scale- not being among the wealthy or one able to hold stock. And my recognition of the way we support corrupt corporations has been much more self-serving, in that it has come through personal hardship (although not nearly to the degree that many, many others have been affected.)

    It may seem like you alone can’t make a difference (and obviosly, others will try to tell you that you, in fact, can’t), but it’s untrue. If anything is ever to be accomplished, somebody has to take a step in the right direction. Anyway, all I’m trying to say is that I’m proud of you =D. Many of us will talk about this all day, but don’t do a single thing about it. Although I don’t want to remain one of those people forever, I’ll have to admit, I am still today.

  16. Comment by Jason — November 15, 2007

    Hi Tim,

    Great post. Have had some of the same thoughts as you in this area as I recently started investing some of my earnings from teaching in Japan too. Do you know of any NGOs or watchdog groups that report of corporate ethics and real world consequences? I’d like to go to a place to research stocks…like a morningstar rating for morality…

  17. Comment by SadPanda — November 16, 2007

    @Peter Kessler,

    are you one of those guys who still like to believe the US could ever have won that war? Or maybe even think that they did?

  18. Comment by Kiran Patil — November 16, 2007

    Hi Tim,

    Thanks for the wonderful article.

    Currently, the stock market in India is one of the best places in the world to invest your money, if you plan to multiply it.

    Most of my friends have made investments in Indian stocks and earned a lot of money. However, I have not been able to invest even a single rupee since the past three years. I have been tempted numerous times and have even contacted brokers, but couldnt take that extra step. I dont know how long I will be able to do that.

    As time goes by, I see myself getting dragged more and more into the globalized world based on industrialisation, de-humanisation of technology, consumerism, capitalism, and disregard for humal labor, environment, and social equality . There was a time, when I didnt seek a job in the corporate world, didnt use a mobile phone, didnt drink cold drinks or mineral water only because of the reasons you mentioned. I had been greatly inspired by the thoughts of Mahatma Gandhi, Leo Tolstoy, E F Schumacher (Small is Beautiful and Good Work), Orwell (1984 and Animal Farm), Huxley (Brave New World), Charlie Chaplin (Modern Times) and many other individuals I have met including Prof A W Date (IIT Bombay), Rajendra Singh (Tarun Bharat Sangh), and Anupam Mishra (Gandhi Peace Foundation).

    But now, I daily provide research to large corporations including some chemical companies, which have been responsible, in my opinion, for the misery of millions of people, due to the waste created by them.

    Every time, I find myself in the midst of a conflict. On one hand, if I take a hard step of going against industrialisation, the way you have, I separate myself from the world I have been living in so-far - my family and my friends. It becomes difficult to explain my family the steps I had / would have taken (or would take - I still hope). I end-up in arguments over what is right and wrong every now and then with friends. Ultimately, I get labbeled as a hypocrite or a fool, because even if I dont invest in stocks of large corporations, I would be using a laptop (an industrial product which is developed in some other country by a large multinational company and which creates lot of e-waste) to post this comment. On the other hand, if I go with the wave, my conscience keeps troubling me. What makes me so helpless? Why cant I take the right path? Why cant I just leave my job and start doing something that is right in my opinion, and gives me happiness.

    Socially responsible companies, corporate social responsibility, carbon credits, exchange traded funds, charity to the deprived poor and hungry people - one will suggest many solutions. I dont know if it makes sense for an energy (fossil fuels) company to talk of carbon credits. But then, dont I use petrol daily for conveyance?

    I appreciate the step you have taken. It takes a lot of guts to take the extreme path and follow it. I hope, someday, I will be there with you.

    Thanks,
    Kiran

  19. Comment by Walter — November 16, 2007

    Man what a great article. I think about this all the time. I was not fortunate enough to be born into a “rich” family but my work has always placed me at close proximity to wealthy and powerful people. Internally I must agree that your moral compass is completely correct. There seems to be a balance in the world that requires an equivalent evil for every equivalent good. To eat a meal you must kill your food. In order for your life to continue you must take the life of others. When you realize that you are not really an individual but rather a small subset of the universe you understand that life and death are just another example of energy not being created or lost just changing form. The condition then becomes a matter of human power and desire. If you as a Human want to experience the best that life has to offer you must do it at the expense of others. Remember other peoples time and money are the only reason that wealthy people have what they have. This is a rule and there is no exception. When you see a mountain there is a valley somewhere else that matches it. The question is do you want to be the mountain of the valley? The answer is your alone to answer. Is there guilt or judgment over this matter? That is also yours to answer. The real shame would be to have the world at your hands and not enjoy it. I am not poor but have been and times of plenty are better than times of little. One thing remains the same always though which is that being happy is a choice not a condition. You can’t buy happiness, you can however give happiness to others. The time spent on the farm holds a lot of truth about humans. But fear leads to greed and with out assurance and faith everyone will get rich if they are able.

    So you must ask is there good and evil or just good and bad? Depending how you answer that determines how you live from this point on. The wealthy and powerful have either answered this already or born into the answer. In your case it seems you know which answer has taken you around the world.

  20. Comment by Walter — November 16, 2007

    One idea that I neglected to state was that in all things from eating a meal to buying stocks if you treat all of your dealings with respect and honor, you will be participating in the most elegant and beautiful game that ever existed.
    Enjoy!

  21. Comment by squid — November 16, 2007

    Absolutely fabulous article.

    What a catch-22; your enlightening travels are funded by the very company that is destroying the areas you visit.

    I thinks it’s great that you were able to put 2 + 2 together, I think most people would never even stop to consider what their money is funding.

    But there is an alternative: look into ‘green’ and socially responsible financial investing. Co-op America offers lots of advice and information about this.

  22. Comment by Tim Patterson — November 16, 2007

    Thanks everyone, for all the thoughts.

    There seems to be a common thread in these comments - “yeah the big multinationals are morally bankrupt, but what to actually do about it without severing oneself from society?”

    I was having this conversation with a good friend once while building an adobe house in Thailand. His point was simply that dogma of any sort isn’t helpful, and some companies are better than others. Simple, unsatisfying, but true. There is a difference between WalMart and Wholefoods.

    If we really wanted to save the world, preserve a healthy environment and reclaim our connection with the land, much more drastic steps are necessary. It’s scary to follow the logic to its conclusion, and I fear that true reform will only spring from crisis.

    We’ve got to work incrementally and morally, while also making other arrangements for when the crisis does come - supporting local farmers, weather-proofing our homes, sustaining our loving relationships and cultivating a sense of inner calm.

    Yoga helps. So does a good book. As Laura said, simplicity is the ultimate answer.

    But my health insurance costs almost $300 per month, and I’m not quite willing to stop doing the work that pays that bill.

    Sorry not to respond individually - I’ve read all your comments and followed the links and I really, truly appreciate all the support.

    There seems to be a great desire for moral and ecological sanity…how to break free? How to break the chains?

    Josh Kearns, a good friend and a great thinker, has concrete solutions. No - not concrete. Fluid. Watery. Aqueos.

    http://www.aqsolutions.org

    Other links I suggest:

    the farm in Thailand - http://www.punpunthailand.com

    no impact man - http://www.noimpactman.typepad.com

    Thanks again, and I hope we can sustain the discussion!

  23. Comment by Lyrical — November 16, 2007

    I don’t think it’s worth while beating yourself up for where you were born. Everyone starts somewhere; it’s what you do about it that counts.

    Ethical funds have been around a long time; I know my mother had one that didn’t support alcohol or tobacco. It’s hard to keep track of who owns who, but the investment people are supposed to keep track.

    This magazine might be interesting… it has some intelligent and critical reporting on good corporate ethics:

    http://www.corporateknights.ca

    Good luck!

  24. Comment by Neil — November 16, 2007

    Tim,
    “Today I ended my Hypocrisy”
    That statement would have far more impact if it was followed by you explaining how you took your ill gotten gains and sent them to aid organisations assisting in the countries that you assert are being hurt by the actions of these multi nationals. If ever i needed an example of hypocrisy then you have supplied it.

  25. Comment by Martin Mudd — November 17, 2007

    Tim -

    Good piece. All the while I was reading it, I didn’t realize the voice was yours, which made it all the more striking when I saw your photo at the bottom. Well done.

    Government-sanctioned, corporate exploitation of land and people is happening not only in out-of-sight foreign lands like Laos, but also right here in this country. Mountaintop removal mining in Appalachia is a crime against everything sacred, and it needs to stop. Now.

    I am experiencing presently the difficulty of investing responsibly. For all the shit I talk about corporate capitalism, I still have to find investments for my IRA funds. I have the feeling it is going to take an inordinate amount of research and scrutiny before I find a set of funds whose primary holdings won’t keep me up at night. In addition to a few standard investments (but no coal, no way, no how) I will also look into supporting clean energy firms and anything else that is doing more good than harm in the world. It will be very difficult.

    And I can’t promise that at some point I’m not going to just divest completely and buy a little farm somewhere. Honestly, I don’t put too much faith in the long-term stability of the world financial markets.

    Stay true.

  26. Comment by Kelly — November 17, 2007

    I would like to start off by saying that this article was terrific. However, I am unsure if your selling of stocks is really having an effect on these corporations. Once a stock is sold in an initial offering by the company, the company no longer profits/loses from the buying and selling of the stock. In the initial offering a corporation receives the money for the stock and in return gives the buyer a claim on a portion of that firm’s future profits. By selling your stocks you are not hurting the company, only transferring potential profits to someone else in return for a realized gains. I understand your reasoning but you would be perhaps better off earning the superior returns and using the excess return to donate towards sustainability/environmental groups. Just my 2 cents.

  27. Comment by Neha — November 19, 2007

    Hi Tim,
    Im a young journalist from Delhi, India. I just returned from Afghanistan and I know what you are saying about those little metal bombs, de-limbed people who are still smiling, little children who cant remember the last time they walked with two legs.
    Like the social evil of female foeticide, its a little difficult to prescribe the line between morality, money and individual choice. But you’v hit the nail on the head.
    Il Just say this: you want to be a great writer? You are already a great writer!

  28. Comment by Tim Patterson — November 19, 2007

    Thanks for the kind words everyone - Lyrical, I enjoyed checking out that corporate knights webpage. Marty - ありがとう!ひさしぶりですね。Hope we can travel together sometime. Kelly - good point, though even if I’m not hurting the companies, at least I’m no longer helping them, or tacitly approving of their actions. Neha - thanks so much, but I’ve got a long way to go! I look forward to checking out your writing.

  29. Comment by Rick Gordon — November 19, 2007

    This is a well written article, even if not factually correct. We live in a complex world, as you said - and all of us have individual responsibilities - in how we live, in how we respect others, in how we choose to contribute to the world’s future.

    Corporate employees - and managers, are individuals as well - and share those responsibilities. It is naive to believe the myth that corporations are bad/evil mini-societies. In truth, the corporate form of organization allows a large number of citizens to be owners - and, if they choose, to influence the direction and decisions of the whole. Without large business organizations, we would be subject to government bureaucrats managing our present and future state.

    Any large American controlled corporation has responsibilities to its employees, its communities, and yes, to its owners. To believe that their sole drive is greed, is just not true.

    So, I appreciate your experience, observation, and writings - just do some more research before accusing people, businesses, or governments of actions that are not true.

    There are many writings about the Vietnam war period. As in any war, mistakes are made and innocents are threatened or killed. There are many villains in the Vietnam era - including the French who preceded the US in SE Asia, some of the South Vietnamese government bureaucrats, some American politicians, etc., but what you claim never happened. Americans do not fight wars in that manner or without reason. And yes, the war could have ended differently if different decisions were made, That is always the case in human history. We make decisions today as best we can, but its the collective behavior of both our friends and enemies that over time will make the difference.

  30. Comment by squid — November 20, 2007

    Socially Responsible Mutual Fund Charts: Screening & Advocacy:

    http://www.socialinvest.org/re.....eening.cfm

  31. Comment by Tim Patterson — November 20, 2007

    Mr. Gordon -

    Thanks so much for the measured, thoughtful response. I hope we get a chance to continue the conversation, because I want to know exactly where you think I got my facts wrong. It’s difficult to find accurate information about the American bombing of Laos, but most estimates I’ve seen place the amount of bombs (and chemical weapons) dropped at between 1.6 and 3 million tons.

    I’m in the middle of the Thanksgiving family rush now, about to leave for Patagonia, and I don’t have access to an academic library at the moment But if you could please point me to the exact places where you feel I exaggerate, I’d really appreciate it.

    I’ve made an exhaustive study of how the U.S. conducts wars. Post WWII, it’s not a happy history. We rely overwhelmingly on air power to accomplish tactical and political goals. The gap between the action of ordering an air strike and the human and moral impact of the exploding bomb is central to my argument.

    Regarding corporations, I appreciate your point that they have their place in our society. I am intimately invested in some, especially as an owner in my family’s farm and manufacturing company. The problem with big, multinational corporations, is that the owners and stockholders and even (especially?) the top executives are all too often totally removed from the human, moral and ecological impact of their policies and actions.

    BHP will have a major impact on Cambodia. How many BHP shareholders really know the place, speak the language of the people who live there, know the history, the mythology - everything that makes the land beautiful, sacred and sustaining? One? Two? Anyone who truly knows and loves the upland forests of Mondulkiri and Ratanakiri provinces would say that the mining activities of BHP are nothing less than tragic.

    My argument is not against the institution of the corporation, or even against some forms of political violence. What I tried to highlight is the problem of amoral action, when businessmen and politicians press a button on one side of the world and cause a water buffalo to explode on the other.

    Again, I really appreciate the tone of your comment, and please do tell me where you feel I went wrong. I’ve made an exhaustive study of these issues and feel that I have my facts right.

    -Tim

  32. Comment by Josh Lew — November 21, 2007

    Tim,
    It’s great that you are able to write so passionately about your ideology. I appreciate your point of view; perhaps because you remind me of myself when I was younger (and better looking). You are very idealistic. That is both a great strength and great weakness. It is a great strength because you naturally question everything that seems imperfect or unjust. However, because we are all human, everything IS unjust and imperfect.

    We are stuck in this world whether we like it or not. And in THIS WORLD the major tool for getting anything (whether good or bad) done is $$$. Bill Gates and George Soros are two of the most successful capitalists of our era. They have also done a heap of good with their fortunes (Gates Foundation and Soros Foundation). So money is not inherantly evil. It is, as I said at the beginning of this paragraph, a tool.

    You have sold your stocks. Fair enough. What are you going to do with the money from the sale? The fact that you sold your stock helps no one. Perhaps you feel satisfied that you have stuck it to THE MAN. OK. Thousands, millions, of people are still starving, jobless, suffering. The fact that you sold your stock appeases only you.

    I don’t mean to sound harsh. I am only saying this because just a few years ago I had the same ideology as you convey in this article. The problem is that ideology does s#@t to change anything.

    Yes, I have stocks. The interest from those stocks keeps several people in a developing country employed. I feel that this is more important than any moral issue I have with the corporation whose stock I own. I feel that, despite where this money comes from (Phillip Morris stock, for one), the good outweighs the bad. Hey, my ideas aren’t perfect. But they sure as hell are grounded in real and tangible reality. Are you ideas realistic, Tim?

    Thanks for the article.

  33. Comment by schmidt david — November 23, 2007

    Hello Tim,We just finished reading your web site and comments made regarding your philosophy.Vietnam was a tragic mistake by our political leaders,and so is the war in Iraq.We never seem to learn!good luck in Patagonia.Hope to meet you some day.Keep up the good work.The world needs more young people who think like you.
    Sincerely,Beckys grandfather

  34. Comment by Tim Patterson — November 24, 2007

    Thanks for the comments! Josh - I really appreciate your thoughts. We seem to start in the same place and come to opposite conclusions. I’m calling for a return to reality, to morality and reason. What is reason? “Knowledge informed by sympathy, intelligence in the arms of love.” There’s nothing inherently evil in owning stocks - the problem is that the stockholders are all too often oblivious to the consequences of their support. You’re exactly right - money is a tool - an amoral implement. I’m asking people to consider how the tool is used - to pay attention when hammering nails, as it were. What will I do with my money? I’ll invest it in companies and individuals whose actions I support. I’ll be a capitalist, but not a profiteer. A little care and attention can go a long way. I think my outlook is very grounded in reality - what’s the alternative? Continue funneling money into an unjust system? I think the stakes are very high.

  35. Comment by Josh Lew — November 24, 2007

    Thanks for your thoughtful response, Tim. I think any difference in our ideas comes down to which ends justify which means. Perhaps I’m just a bit more cynical than you are. I just read through all the comments; cheers for being a good sport while sticking by your ideals. I still think you’re too idealistic, but at least you’re not being wishy-washy about it. Also, you’re on the way to being a very good writer. Keep it up.

  36. Comment by Robert — November 26, 2007

    Tim, While I read your article with a degree of envy, the article over flows with the innocence of youth in a quest for truth –along with a heavy degree of self absorbtion and gradification.

    After you had filled your cup, you then decide your Grandfathers money is really a source of evil in the world?

    We agree to disagree with most of your historical overview on Vietnam and Cambodia — and this limited time and space wouldn’t do either of us any true justice on this issue. What are your views on the Pol Pot Regime and their murder of millions? No doubt our fault on all counts?

    Hope you visit a VA Hospital and maybe Walter Reed.

    When and if you plant your feet and ‘pay your dues’ and hold a child of your own will the real joys in this world unfold.

    A lofty goal to be the ‘next Hemmingway’, I’ll aim my sites toward Mark Twain any day of the week!

    Good article and lofty goals… but don’t miss out on ‘The Real World’ when you return to Earth!

    s/ Becky’s half sane Uncle Robert

  37. Comment by Tim Patterson — November 26, 2007

    Thanks for the comment, Robert - I agree, mid-20s are a good time for chasing dreams, but I’m looking forward to planting myself somewhere soon - Vermont is a good place to settle down.

    As for the Khmer Rouge - yes, I’m convinced that their rise to power and subsequent brutality was caused in large part by the American bombing campaign and (North and South) Vietnamese intrusions. That certainly doesn’t excuse the crimes of Pol Pot, Ieng Sary and the rest of the ruling clique, but it’s a travesty that Henry Kissinger isn’t also facing trial in Phnom Penh.

    It’s worth noting that many KR units experienced mortality rates upwards of %70, while Nixon and Kissinger escalated the violence in large part to ensure reelection.

    I should visit the military hospitals - I know some Vietnam vets, some Iraq war vets too - one friend I played Little League with died near Baghdad. Most of all, I feel sorry for the American soldiers - they’ve suffered greatly, and in my view, been betrayed.

    Gotta love Mark Twain.

    -Tim

  38. Comment by Jennifer — December 1, 2007

    Thank you for putting your voice out there; you give me hope for my generation. Love is the answer!

  39. Comment by Jon — December 1, 2007

    “Today I ended my hypocrisy.”

    Actually no you haven’t. Yes, BHP have picked up large swathes of ground in Mondulkiri for exploration for bauxite. Bauxite is the primary ore for aluminium which is what modern airliners are made of. The same aircraft that you seem quite happy to use to travel around the world living your dream. Use any cars, boats, buses or bikes in your journeys - metals powered by hydrocarbons. Drink anything from a glass or a bottle? Silicon doesn’t grow on trees you know.

    In fact your whole comfortable existence is built on the products of the mining industry. Electricity to run the computer you used to post this - coal or nuclear - both mining products. Nice green Hydro? Metal parts for turbines, metal transmission lines to carry the electricity to you. The computer itself - metal and plastic. We could play this sort of game for ever. The products of mining are either directly or indirectly utilised for everything and I mean absolutely everything in our lives. Clothes, food, housing, transport? Look closely and you’ll see the products of mining used in there somewhere along the line. Our entire western lifestyle is based on the use of metals and hydrocarbons.

    To really end the hypocrisy. Strip naked, leave your house, go live under a tree and find your food with nothing but your bare hands.

  40. Comment by Lauraine — December 3, 2007

    what’s wrong with being yound and idealistic?
    I love this conversation from “The Brother’s Karamazov” by Dostoevsky
    I hope you enjoy it as well.

    “And that we are all responsible to all for all, apart from our own sins, you were quite right in thinking that, and it is wonderful how you could comprehend it in all its significance at once. And in very truth, so soon as men understand that, the Kingdom of Heaven will be for them not a dream, but a living reality.”

    “And when,” I cried out to him bitterly, “when will that come to pass? and will it ever come to pass? Is not it simply a dream of ours?”

    “What then, you don’t believe it,” he said. “You preach it and don’t believe it yourself.

    Believe me, this dream, as you call it, will come to pass without doubt; it will come, but not now, for every process has its law. It’s a spiritual, psychological process. To transform the world, to recreate it afresh, men must turn into another path psychologically. Until you have become really, in actual fact, a brother to every one, brotherhood will not come to pass. No sort of scientific teaching, no kind of common interest, will ever teach men to share property and privileges with equal consideration for all. Every one will think his share too small and they will always be envying, complaining and attacking one another. You ask when it will come to pass; it will come to pass, but first we have to go through the period of isolation.”

    ..”the isolation that prevails everywhere, above all in our age - it has not fully developed, it has not reached its limit yet. For every one strives to keep his individuality as apart as possible, wishes to secure the greatest possible fullness of life for himself; but meantime all his efforts result not in attaining fullness of life but self-destruction, for instead of self-realisation he ends by arriving at complete solitude. All mankind in our age have split up into units, they all keep apart, each in his own groove; each one holds aloof, hides himself and hides what he has, from the rest, and he ends by being repelled by others and repelling them. He heaps up riches by himself and thinks, ‘how strong I am now and how secure,’ and in his madness he does not understand that the more he heaps up, the more he sinks into self-destructive impotence. For he is accustomed to rely upon himself alone and to cut himself off from the whole; he has trained himself not to believe in the help of others, in men and in humanity, and only trembles for fear he should lose his money and the privileges that he has won for himself. Everywhere in these days men have, in their mockery, ceased to understand that the true security is to be found in social solidarity rather than in isolated individual effort. But this terrible individualism must inevitably have an end, and all will suddenly understand how unnaturally they are separated from one another. It will be the spirit of the time, and people will marvel that they have sat so long in darkness without seeing the light.”

  41. Comment by Tim Patterson — December 12, 2007

    Jon, Lauraine, thanks for the comments, and apologies it’s taken me a while to reply.

    Jon - I don’t think it’s reasonable to totally divorce oneself from modern society and the products that are dependent on extractive industries. But it’s even more unreasonable to continue acting without knowledge or love in a manner that is rapidly destroying the earth’s capacity to provide for humanity. There has to be a rational middle ground, and beginning to connect the dots between action and consequence is a start.

    Lauraine - thanks so very much for that Dost. quote. It rang true.

    Looking for the light,

    Tim

  42. Comment by LInda — December 22, 2007

    There are many people who prefer the nomadic life.I have for many years.I’m now 58.I spent the 1st 8 years of my life observing and then I knew what was real and what was not.I realised karma although I had no word for it, I saw it working.I live my life based on being true to myself and practising humane beliefs and actions.What an amazing opportunity this life is.To wake up each day and smile because I’m still here and still understanding more.enjoy your journey

  43. Comment by Tim Patterson — January 18, 2008

    Thanks, Linda.

  44. Comment by Another Tim — April 2, 2008

    Good article, and one that fairly closely reflects a chain of thoughts that I too went through, at a similar age to Mr Patterson.

    To the commenters pointing out that one person (even someone relatively wealthy) withdrawing their funds will have no effect on a corporation, I say there’s nothing wrong with leading by example; and should thousands of people come to the same conclusion and take the same action, then there certainly is an effect.

    (You might want to check out resources like http://www.PledgeBank.com/ if you feel like making it happen.)

    The answer that I found to the same dilemma — how to avoid investing in Evil — is called Ethical Investing. There are plenty of unit trusts/OEICS* that screen companies along criteria that you can choose. And if you’re talking about the sums of money that you imply you have to spare, then just ring up any fund management firm and ask to speak to their ethical investment team.

    Worked for me.

    [*These may be British terms, but there are no doubt equivalents in the US, even if the names are different.]

  45. Comment by Tim Patterson — April 2, 2008

    Thanks for the resources, Tim.

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