No Mercy / No Malice: What We Leave Behind

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1:15I'm Scott Galloway, and this is No Mercy, No Malice. As the COVID pandemic fades, there are some things we should remember. What We Leave Behind, as read by George Hahn.

1:53over the screen. COVID-19 has presented an opportunity to envision our lives when turned upside down, powder redistributed. We can start over. We hoard relationships and the accoutrements of a life others have fashioned for us. We often don't know any better or don't have the confidence to draw outside the lines until we're older. My colleague, Professor Adam Alter, has done research on the regrets of the dying. One of the biggest? Not living the life they wanted to lead, but the life others chose for them. In 2000, I left my marriage, my career in e-commerce, and San Francisco. I hit the restart button and left a lot behind.

2:42The period was lonely, rife with collateral damage and the right decisions. COVID-19 presents society and each of us with the opportunity to design a better life with less. What do we leave behind? Some thoughts. Emissions. Or at least a lot of them. I'm not an environmentalist and mostly believe after the last human draws her final breath, the Earth will register a 20-year belch and feel fine again. To be clear, I do believe climate change is man-made, as I don't have my head up my ass, but I also believe the move to renewables will be expensive. Just as trickle-down economics is a lie, so is the notion that the Green New Deal would pay for itself.

3:32In Florida, like many places, the water has been so clear, the sky so blue, that I wonder if this is a time to move away from coal, cars, commutes, even if it's really expensive. The last several weeks have convinced me it's worth it. A spectacular home is worth a ton of money. Why wouldn't we decide that a spectacular backyard, sea, sky, land, for all of us and our children, is also worth a huge investment? Essential Workers The term essential means we're going to treat you like chumps but run commercials calling you heroes. Just stop it. We lean out our windows and applaud healthcare workers as we should.

4:25We don't, however, lean out our windows to salute other frontline workers, the guy or gal delivering your groceries or dropping Indian food through the window in your back seat. Why? Because deep down, we've been taught to believe that we live in a meritocracy and that billionaires and minimum wage workers all deserve what they got. We've conflated luck and talent, and it's had a disastrous outcome. A lack of empathy. There is so much that's jarring about American exceptionalism. Thus far, a very American image from the pandemic is a makeshift morgue in a refrigerated tractor trailer in Queens.

5:08Even worse, we idolize the founder of Amazon, who has added the GDP of Estonia to his wealth, all tax-free, deferred, during this pandemic, as we discover 25 % of New Yorkers are at risk for becoming food insecure. This isn't a United States, it's the Hunger Games This country was built by titans of industry even wealthier than billionaires today Vanderbilt, Rockefeller, Carnegie, and J.P. Morgan But 1 in 11 steelworkers didn't need to die for bridges and skyscrapers to happen We are a country that rewards genius yet no one person needs to hold enough cash to end homelessness 20 billion dollars, eradicate malaria worldwide, 90 billion dollars, and have enough left over for 700 ,000 teachers' salaries.

6:07Bezos makes the average Amazon employee's salary in 10 seconds. This paints us as a feudal state and not a democracy. Our lack of empathy for fellow Americans is vulgar and un-American. We can and should replace the hollow tributes with a federally mandated$20 an hour minimum wage. This outrageous lift in minimum wage would vault us from the 1960s to the present. As of 2018, the federal minimum wage was worth 29 % less than in 1968. Money is a vehicle for the transfer of time and work from one entity to another. So if we spend less money on one thing, we can invest more time on another. Could we invest less in stuff, less in commuting, and more in relationships?

7:10I've been howling in the money storm for so long. Believing my worth to others was a function of the stuff I had or didn't have. We proffer admiration, affection, and a sense of awe on people who aggregate wealth. But that affection is often misplaced, as wealth can lead to greed and lack of empathy. This is an opportunity to spend less on stuff, spend less time commuting, and reallocate that capital and time to our partners and children. On my podcast, The Prof G Show, I interviewed philosopher and neuroscientist Sam Harris. I asked him for one piece of advice on how to be a better man. He offered that rather than trying to parent, cajole, discipline, or guide your children, your real purpose is just to love them.

8:07My nine-year-old son has been having a hard time with corona. I'm spending less time correcting, explaining, arguing, and more just loving. Sitting in his room when he's doing homework, engaging in conversation, and watching The Simpsons together. We're on season five. There's 31. And we'll get there. Steve Jobs, Donald Trump, and Jeff Bezos have 13 kids by six women. They denied their blood under oath to avoid child support payments, mock the disabled, and steal from school districts, demand tax and budget cuts, to cling to power and wealth. We need a generation of men who emerge from this crisis with a commitment to being better fathers, husbands, and citizens.

8:58The fastest path to a better life is regularly assessing what we leave behind. The fastest blue line path to a better world is more engaged fathers, not a better fucking phone. Life is so rich.

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10:11Support for this show comes from Airbus. It took 100 years for electric vehicles to catch on. Modern solar panels? Half a century. Lithium batteries? Decades to go from their debut to daily use. It's a pattern. Energy tech breaks through, stalls, and then something tips the scales. But for every success, there are even more almosts. So what if there was a breakthrough sitting at this crossroads right now? SAF, or sustainable aviation fuel, could forever change the future of flight. Learn more about how Airbus is contributing to accelerate this journey at fly.airbus.com slash the flight path.