What Is The Point of Money?
John G. Messerly
2017-05-01 00:00:00
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But let’s suppose that you realize all this. Let’s suppose further that you aren’t materialistic and you want to do good things for the world. Now imagine that you’ve been offered a well-paid position with a good company. We’ll assume your job doesn’t entail you doing anything immoral in the usual sense of the term. (We won’t consider participating in the world’s economic system to be intrinsically immoral.) Finally, let’s suppose you are the kind of person who worries that money might corrupt you, or that the job isn’t exactly what you want. What should you do?

My advice would be to take the job. Obviously the job and its benefits—medical and dental insurance, retirement, etc.—help you to live well. But even more importantly for the idealistic, having some modicum of wealth allows you to help others. So while many people aren’t wise and think money is just a means to buy trinkets, the wise realize wealth can also buy freedom and the ability to do good. Money is power that can be used to benefit people—as Bill Gates and Warren Buffet do—or it can hurt people—as Donald Trump and the Koch brothers do.

So when offered a modicum of wealth you are essentially being offered a key that unlocks a door that gives you the chance to effect on the world, to having some power. That power can be used for buying frivolous possession or for hurting others, but it can also be used for good. And with more power comes the ability to do more good. On the other hand, if you have nothing, you have nothing to give.

Of course this doesn’t mean that the only kind of power is financial. There’s moral and intellectual power too. But the way our world is set up, sometimes that’s just not enough. So I say be adventurous and accept a key if offered. Go thru the door and you may find more keys that open more doors and perhaps, in some distant time, you will help unlock doors for others.

(I have written previously about whether you should only do what you love.)