How to Be a Moral Modern Leader
Matt Miller is a senior fellow at the Center for American Progress; a contributing editor at Fortune; and the host of "Left, Right & Center," public radio's popular week-in-review program. Miller's first book, The Two Percent Solution: Fixing America's Problems In Ways Liberals And Conservatives Can Love, was published in 2003, and was a Los Angeles Times bestseller. His latest book, The Tyranny Of Dead Ideas, was published by Henry Holt/Times Books in January 2009. Miller served as Senior Advisor to the Director of the Office of Management and Budget from 1993 to 1995. He lives with his family in Los Angeles.
Big Think: Do CEO's need to rebrand themselves less as leaders and more as icons?
Matt Miller: I’m not sure if I’m thinking of it so much in the sense of the superstar CEO and, you know, the brand of the company, though that’s, you know, in the media age, that seems to be, you know, a trend that continues, but I think we’re going to need, we’re certainly going to need a good list of name brand CEOs, people who are known to the public and who have clout, to step up on some of these public issues, to help say, you know, business wants to solve this. Right now business ends up, business approaches all its issues as if they were in a silo. There’s the trade issue. We want free trade or we want protectionism, depending on the business you’ve got. There’s taxes and we deal with that. There’s, you know, different state level issues, etc.
What too many CEOs don’t understand is that all these things meld together now in an era when ordinary Americans feel tremendous anxiety about their economic future, and unless business as a constituency views these issues in an integrated way and realizes that business needs to be an advocate for changes in the social contract that we’re talking about, then the consensus for markets and capitalism, etc., is going to erode and there’ll be a real backlash against the values that most business leaders care about.
Right now, businesses approach all their issues as if they were in a silo. We need to see more integrated approaches that recognize the interconnectedness of the world's problems.
It's estimated that $68 trillion will pass down from Boomers to millennials. Here's how ultra-rich families can do the most amount of good with what they inherit.
- Approximately $68 trillion will pass from boomers to millennials over the next few decades in what's known as the Great Wealth Transfer.
- 90% of family wealth is gone by the time the third generation comes around, primarily due to familial conflict.
- Social capital advisor Richard Tafel suggests 4 steps families should follow so they transfer wealth in a way that does the most amount of social good.
The five stages of psychogenic death — aka, "give-up-itis."
- Give-up-itis or psychogenic death is a real and terrible condition, finds new research.
- People can die in as few as three days after a major trauma causes them to give up on life.
- There are 5 stages of give-up-itis.
A truly diverse society exudes open-mindedness, not just reluctant acceptance of differing viewpoints.
- While pluralism is considered a condition, toleration is the response to it. To recognize and accept a diverse range of perspectives on ethical views is to exhibit tolerance.
- Singapore Management University professor Chandran Kukathas points to toleration as a cornerstone of the classical liberal tradition. In fact, liberal thought arises from the reality that people disagree substantially on any number of things.
- The principle of toleration offers guidance in understanding what makes a good society, as well as how that society upholds conditions of pluralism and diversity.