The Economics of Being Vindictive
I had a conversation with my grandmother about lying. I said I wasn't a good liar in general - I think too much and I would then have to create all new realities around that lie. And it was then that I was then reminded how inefficient a lie is. The truth, when compounded over time, is of far greater value than a lie (unless of course you can completely get away with it and benefit from it significantly...sigh). Lies will limit the potential paths that can be taken in the future (in the short term a lie might create more potential paths, but this pattern will not continue over the long term - though, see Bernie Madoff as an example of a really long lasting lie - did he gain more than he will lose?). Maybe I am not all that great a human being for not lying all the time, maybe I am just thrifty.
The reason for this post is a recent scientific study of vindictiveness. An eye for an eye has such a certain logical value. The Golden Rule almost speaks of the virtue vindictiveness - unto others, as yourself (but not really). Why not act in the exact fashion that someone acted toward you? It is a great deterrent and is an easy equation to figure.
The articles says, vindictive people don't make as much money, have fewer friends, and aren't as happy (and probably live shorter lives as well). What do you mean? Getting back at someone doesn't make the most of my time in the long term?
The issue is that the equation is a bit more complicated than simply if A (someone steals from me), then B (I steal from them) and as a result C (we are both happy and the world goes on - which might be pushed simply as A+B=C=O - meaning no harm in the end). It is more complicated, for instance the real equation involves time, because we will live on after the event. We cannot consider that the event will live in a vacuum (though our patterns of voting for members of Congress make me question that sometimes).
There is another part of the equation that isn't considered. Any event that occurs causes changes - negative and positive. Those changes - those consequences for our actions - shape our responses. If I see that an individual who works hard to build something but fails - and is allowed to fail and lose everything, but is able to figure something something else out without being killed off (imagine the small bird who is aspirational and flies into the large open skies of a hungry hawk), I am going to be motivated to try and build something as well - understanding I may lose it all, but I'll still be alive. I think that is an important factor of our risk taking society and allof the things we have created as humans.
We see more hard working people succeed than cheaters, and because of this we know that taking a little risk, doing it right, giving slack to those who hurt is, actually benefits us in the long term because of the general society that arises around it. And, once again, we human are social creatures that exist in this world and not one of our philosophical fantasy lands.
In the end, being vindictive is inefficient. It doesn't allow us to focus on what matters. And, most importantly, it limits the potential of mass good among the people, which limits trust, and creates very expensive transaction costs (see financial crises 2007-Present), limiting everything's ability to grow.
Now, if only I could be this wonderful person.
Labels: acusticthoughts, economics, evolution, goodness, vindicitve










