Want to make the world a better place? You may want to rethink your relationship with money.

money and a heart

Did you, like me, grow up thinking that money doesn’t make you happy and that there are much more important things in life? Were you raised with the idea that money is dirty, and something to avoid? That striving for it might make you a bad person? The result of such an upbringing – and way of thinking – may be that you are a nice and caring person, with less money than you could have had. And, that’s a pity, because you could have used that money to do good.
money and a heart

Money: holy grail, or 
I’ve come to realize that it’s not just greedy people that may have a problematic relationship with money, but also people who I will call “do-gooders” (with all due respect, and for want of a better word).
While the greedy people may live with the idea that money is the most wonderful thing in the world and want as much of it as they can get, the do-gooders will often avoid it as much as they can, believing it is a bad thing. They will see being rich as a vice and being relatively poor as a virtue (I know, this dichotomy of greedy bastards versus do-gooders is a bit too simplistic, but let’s keep it for the sake of the argument).

You might be missing out
At this point you may already be pulling up your nose, slightly disgusted at the fact that on this “non-profit” blog, I’m writing about making – or at least not shunning – money. This almost sounds like the text of a would-be financial guru who is telling you it’s your right to get rich, right? But, you having that feeling would exactly prove my point.

Let me try to put you a bit at ease. First of all, I’m not talking about getting super wealthy here (more about what I mean later). Neither am I talking about making more money for your own sake (though I wouldn’t condemn that). Rather, I suggest that we learn to appreciate the value of money for the good things we can do with it. And no, I don’t believe donations or philanthro-capitalism will solve all the problems in the world, and I do think we need more systemic solutions. I believe there are quite a few problems with how a lot of money is made, the role it has in our society and the way people go after it. And, I believe that unbridled capitalism suffers from a lot of shortcomings.
But, I also believe that more money in the hands of good, caring people is a good thing, and that the do-goodies shouldn’t leave the making of money to the greedy ones.

money - more money in the hands

My career without much money
Because telling people in social movements that they might want to care more about money will, in the eyes of some, unavoidably make me look un-virtuous, let me add that my own twenty-year career as an animal rights advocate has been largely unpaid or for very small financial returns. I had the ability to do that, because my girlfriend owns the house we live in (thanks to her grandparents); so, we don’t have to pay rent, and we rent out part of it through AirBnb, which provides a bit of extra income. The fact, however, that I can do my activism unpaid doesn’t mean that I am against people making money from activism. If one can earn one’s keep doing something good, and, thus, have more time to do it, what would be the problem with that?

20.000 euros down the drain?
Back to where we were. This is what I realized: because I never learned to take an interest in money, I missed out on opportunities to make a difference. My parents are quite ethical people who care about making the world a better place. But, in not teaching me to sufficiently value money and in giving me the impression I should shun it, they may have inadvertently reduced my chances of doing good.

Let me illustrate this more concretely. I remember at one point – about twenty years ago – having about ten thousand euros in my bank account (back then it was in a different currency, but never mind that). Suppose I had had no need to touch that amount since then, and that it had just been sitting in my savings account. The average interest on a savings account in the past twenty years in Belgium has been about two percent. At that rate, after twenty years, that capital would have grown to about 14.500 €. If I had invested the initial 10.000 € in something (stocks or bonds, for instance) that would have offered me a higher interest rate (say a reasonable and realistic seven percent), my capital would have increased to about 36.000 €. That is a difference of more than 20.000 €. And, that’s just on this small initial sum. Note that present day interest is usually less than one percent, while inflation rates are at two percent; so, your money is quickly losing its value in a regular savings account.

compound interest graph
Einstein called compound interest the eighth wonder of the world.

The problem was that I had no financial knowledge at all, and wasn’t motivated or stimulated to learn about it. Einstein famously called compound interest the eighth miracle of the world (check this page to learn a bit more), but I only really realized how it works this year, at age 44. It’s also only now that I realize a lot of the things we think about investing are incorrect clichés, and that when done properly and wisely, investing is not as risky as most people think it is. In fact, one line I read again and again is that we can’t afford not to invest. Maybe I’m particularly late and slow, but there must be many more people – do-gooders especially – like me (my guess is the “money = evil” attitude is more prevalent in Europe than in the US and other parts of the world).

All the good you can do
If today, you are still convinced that money is dirty and evil and you don’t want any of it, your reaction might be: 1. so what? and 2. investing like that is unethical anyway. I’ll respond briefly to these arguments, but I am under no illusion that I will convince the most anti-capitalist among readers. So be it.
Regarding “so what?”: if you think rationally about this for a minute, you know that there is no doubt that money can be used to do good. You could do good with this money in several ways:
– You could donate it to a non-profit.
– You could invest it in a sustainable or compassionate startup.
– You could even live on it yourself for a year or a couple of years (depending where you live), so that you don’t have to have some run of the mill paid job and have more time to volunteer.
– You could start your own project with it.

I think it’s clear that you are better off having this money than not having it. Unless of course, having made that money by investing would somehow be necessarily unethical (which is the second objection). There obviously are many unethical ways to make money. You can uncritically invest in stocks or funds where your money is used for bad things. But, that is not necessarily so, and many banks today offer sustainable investment options. These may not be entirely satisfactory to all of us, but it is possible to find ways to invest that are healthy and sound, or at least neutral. Moreover, apart from increasing your own returns, you also help these companies grow by helping them to raise capital. And, if you want, as a shareholder you can even participate and vote at their annual general meeting and help determine the course of the company.
Some would argue that by participating in the stock market, one is contributing to a system that is fundamentally flawed and problematic. But, then, so is putting your money in a savings account – because that too is a way of investing in and contributing to systems you may fault – and with even less control, at that!
Probably many of us have simplistic ideas about capitalism. This talk by Jonathan Haidt does a good job at illustrating that.

Let’s look at some other objections to making money – all of which I held at some point, or still partly hold.

“Money corrupts. People who are interested in money don’t end up caring about the world.”
I don’t think there is any law of nature that dictates that money corrupts. It may also be that people who are greedy to begin with are the ones to acquire a lot of money, rather than the other way around. In any case, in this post, I’m not at all talking about the ruthless accumulation of wealth through all means possible. I’m simply talking about taking *some* interest in money and investing it in an ethical way, so that we have more means at our disposal to do good.
Also, don’t forget about people who got really rich and because of that are returning a lot of their wealth to society and are investing it, for instance, in the animal rights movement or any other movement. Our movement is actually to a large extent funded by people who made a lot of money (hopefully in the nicest ways possible) and are donating it to a cause they care about.

“Money is irrelevant.”
Some people – often those who are interested in spirituality – would hold that money is not what makes the world go round and that it is actually irrelevant. It’s not about what you have, but what you are, etc. I’d say: try to tell that to poor people. Probably only those who are privileged enough can say things like this (even though there might be some grains of truth in these opinions here and there).

“Money and the role it plays in our society is inherently problematic.”
As long as we’re not enlightened and don’t have the means to freely provide each other with whatever we need, money is a convenient way to exchange goods and services. At the same time, I think it’s a pretty primitive one, and I can imagine societies and worlds in which we’re no longer using it. Too many things are determined by how much money we have, and shouldn’t be. Here’s a simple example: for a person with little money, it is much more difficult to ride a train in first class. Yet, she may have a higher need for it: she may need to focus, have concentration problems, suffer from panic attacks and have more need for quiet, or whatever. The fact that her level of wealth determines how she can travel does not seem optimal at all.

If we want new systems, we’ll need money for that, too. Even if you loathe capitalism and want to throw it over, you’ll probably do it faster if you have money to help create a movement. There is an attempt in my country to create a new kind of bank (a bank of the people). To start it, they need… money. I think a good way to see it is that any new systems we are going to build will partly or largely be built with money from the old systems…

My preliminary conclusions
quote about missing out on opportunities through like of moneyIf I would have children (I don’t and won’t), I would try to teach them that money is not an end in itself, but that as a means to great ends, it can be extremely helpful. I would make sure they don’t grow up thinking that money, and making it, is bad or evil or corrupting. I would try to raise them with a desire to become people with integrity, who also value money for the good they can do with it. I would teach them some financial literacy, and warn them to not under- or over-estimate the risks involved in investing.

Many do-gooders too might want to slightly rethink their relationship with money. It would be good if movements of do-gooders told their members and activists something about the importance of money. If young people start to invest wisely and sustainably at the age of say 22, after graduation, they can build up capital that can make an incredible difference in the world. I haven’t looked at any numbers, and don’t know if any are available, but my suspicion is that many activists, across movements, are people who are not exactly well off. What if we were better off, and had more means to spend on our movement and our own happiness? What if we didn’t leave the making of money to the greedy people only. Money, though often abused, or considered an end, is nothing more than a tool. It’s a tool just like marketing is a tool. We can choose to abstain from using these tools, and leave the using of them in the hands of people who will often be likely to abuse them, or we can wield them ourselves and do some good with it.

PS: want to get more information on investing? The websites are endless, but I found this podcast really good.

Thinking about disrupting meat eaters at a restaurant? Read this first.

Activists disupting people's meal at Rare Steakhouse in Melbourne

Direct Action Everywhere (DxE) are the animal rights activists behind the attention-grabbing disruptions of meat eaters in restaurants. Their action in Rare Steakhouse in Melbourne Australia, on Jan. 30 2018, sure got a lot of headlines. Dozens of protesters went into the restaurant, chanting on megaphones and holding posters with pictures of suffering animals. Some vegans applaud these tactics and participate in them, others call them cringeworthy. Here are some thoughts.

Activists disupting people's meal at Rare Steakhouse in Melbourne
Activists disupting people’s meal at Rare Steakhouse in Melbourne

Two reasons to start the revolution
I can imagine that people take to these in-your-face tactics for two entirely different reasons. Reason number one could be that, with all the animal suffering and killing, vegans feel frustrated and want to speed things up. I sure can understand that people feel change is too slow.
The other reason seems almost like the opposite of the first: we’ve seen a lot of news coverage in the last two years or so that testifies to the growing popularity of plant-based eating: vegan startups doing really great (sometimes with investments from the meat industry), new vegan products being sold out as soon as they show up, celebrities going vegan, spectacular-sounding growth in the number of vegans, and so on. I presume that information like this may embolden some vegans and lead them to think that the time is ripe for action of this sort. The revolution is upon us!

My belief is that neither the ongoing suffering of the animals and our resultant frustration, nor the good news and our optimism, should inspire us, at this moment, to organize actions like restaurant disruptions. I’m not talking about direct action tactics in general. Indeed, I have no problem with these when they are well targeted (see below). But, I think in this case, the action is misguided and misdirected.

“Don’t tell people they are wrong”
In what follows, I’ll be paraphrasing a lot from a session at the Aspen Ideas Festival 2017, titled To persuade others, pay attention to their values. Panelists were Matthew Feinberg, professor of organizational behavior at the University of Toronto, and Rob Willer, professor of sociology and psychology at Stanford.* The session is worth listening to in its entirety, but at one point, the moderator asks the researchers if they can give some advice on what not to do when you want to change someone’s mind.

The first thing Feinberg and Willer come up with, based on their extensive research, is: do not tell others that their values or their morals are wrong – unless you want to create an argument rather than persuade them. One’s moral values are so much part of one’s identity that to have them challenged very much constitutes a threat or reproach. People usually react defensively when threatened – in the moral domain, this is called “moral reactance”. I’ve previously written about one form that this reactance may take: do-gooder derogation, or the putting down of the one who does something good. The biggest problem with this is not that activists are ridiculed or judged negatively, but rather the fact that because of this reactance, people will be even less likely to change. (One tentative indication that this reactance took place in Melbourne may be found in the fact that the restaurant’s social media following has increased significantly as a result of this incident.)

So, what do these guys suggest as a solution? They suggest trying to reframe the issue in terms of values that your audience cares about. I’ll write about that in another post.

“Don’t engage in extreme behaviors”
The second thing the panelists recommend that activists shouldn’t do is to engage in extreme behaviors. What the researchers found in terms of a lot of protests and other activism is that the more extreme the tactic is, the more likely it is to turn people off. Feinberg and Willer here identify a paradox: if you want attention for your cause, you need the media. But, the behavior that the media is most likely to pick up on is the extreme behavior that is most likely to turn off the average reader or viewer, who, as a result, will be less likely to support your cause. The researchers add that, interestingly, activists who are themselves involved in these extreme behaviors, when polled, indicate that they find these tactics effective, not just for getting people’s attention (which they are correct in), but also for persuading people – (which they are not correct in).

(Side note: many vegans outside of DxE seem to believe, like me, that these tactics are not effective – and this difference of opinion within the vegan community seems to be, in and of itself, an interesting topic for the media.)

On the Facebook page of Melbourne Cow Save – who I’m assuming co-organized the restaurant protest – we can read: “This action wasn’t about educating people about veganism. It was about taking non-violent direct action to end the exploitation and killing of all animals. It was to force animal rights into the public consciousness through non-violent direct action”.
Yes, they were definitely able to get their message out there and get people talking. But is that necessarily a good thing? Getting an issue into public consciousness is not the same as changing that consciousness (and consequently, in the best case, the behavior). There certainly is value in raising awareness and helping to make a cause the topic of conversation, but if it is done in a way that mainly causes moral reactance, it’s probably far from ideal.

Cows aren’t puppies
I believe one of the mistakes DxE people are likely to make is to have too much confidence in the parallels between their cause and other social justice movements. They often refer to the non-violent civil disobedience and direct action organized by Martin Luther King or Gandhi, claiming – rightly, I think – that these tactics were instrumental in bringing about the desired change.

While I do not deny that there may be important lessons to be drawn from other social justice movements, we need to be mindful of the fact that the animal movement is not in the same phase at this time as the civil rights movement was when people used these tactics to advocate for an end to racial discrimination. We need to keep in mind where our movement is in terms of the level of public support for our cause. I can imagine that this kind of direct action would go over much better, and have a bigger impact, if it were about something on which most people agreed with the protesters. An DxE activist is actually quoted as saying, “If they [the restaurant] were selling the bodies of dead puppies in that place and we disrupted it, we’d be hailed as heroes.” Well yes, probably, but whether vegans see a difference or not between cows and puppies, the audience at large does.

It’s good to meet the audience where they’re at, and not expect them to have our values or adopt those values on the spot. For example, disrupting a restaurant where puppies are being eaten would be very effective in a Western country where most people share the value that dogs are companions, not food. However, in some parts of the world, eating dogs isn’t seen in the same way, and, therefore, a disruption would not be nearly as effective. Meanwhile, disrupting people eating beef in a country like India, where commonly held views on cows are very different from those in Western countries, may actually be effective.

Let’s give people no excuse not to listen
So, no, these activists, as the spokesperson realizes, will not be seen as heroes. The fact that this matters is not an ego concern, and undoubtedly, the protesters have no problem not being liked. Indeed, to some extent, they may actually welcome being considered a pain in the butt. But, we vegans are still a tiny group who can still use – indeed, require – much more support than we currently have. We need to do things that enlarge the support we get, rather than alienating potential allies. Even though things seem to be getting better, as vegans, we are still fighting an uphill battle against stigmatization, against people believing we are all kinds of things: crazy, angry, negative, preaching, never satisfied. We should not feed or confirm these perceptions (which are sometimes true, but most often not), and we should certainly not give people any excuse not to listen to us.

Potential benefits
Having said all this, let me try to be the most charitable I can be – of course, my heart is with these activists – and play the devil’s advocate for a moment. Let’s see if we can come up with arguments in favor of such restaurant disruptions and other radical tactics.

  • Maybe such tactics make more moderate animal rights activists and other vegans seem more approachable and rational when compared to this so-called radical element (this is the so-called “radical flank effect), and that could be a good thing. However, it’s equally possible that many people who still believe it’s acceptable to eat animal products will continue to equate the less radical parts with the radical part and, thus, consider all vegans as radical or extreme. It’s not true, and not right, but it’s all too human.
  • One good thing I can see about DxE (and also about some other forms of street activism) is that it seems to attract and recruit a lot of activists. Vegans who until then had been passive, get fired up seeing DxE demos and become activists (see the explanation for the pull of this further down this post). And, being an activist (i.e., doing something more for the animals than just not eating them), is important. But, of course, if we have serious doubts about whether at least these DxE actions have a positive impact, more people participating in them wouldn’t necessarily be a good thing. If there is a discrepancy between actions that attract activists and those which are effective, then it seems to me we should see if we can attract new activists with these maybe not ideal actions, and then try to move them towards more effective forms of activism, maybe organized by the same group.
  • I will also grant that there is a lot of uncertainty about what works, what works better and what doesn’t work. Often, it is not easy at all to measure the impact of certain forms of activism. Defenders of DxE tactics will say that even if people react very negatively to the protests at first, the protests might plant seeds, and these seeds may later sprout and change people’s minds. I consider that possible, though given the significant risk of alienating potential allies by these actions, the burden of proof that these actions are effective should be on DxE.
  • Finally, I’m quite open to the idea that some day restaurant disruptions like this could be quite effective, even though I personally may never like how they feel. I can imagine that in a world where we have most people on our side, it can be helpful to give the laggards the feeling that they are, well… lagging. But, that time is not now.

The warm glow of group solidarity
One other advantage these actions can offer – although they are not the only type of action to do so – is to give activists energy and a sense of belonging, as well as increasing group cohesion. Let me bring in Feinberg and Willer one last time. When they’re asked about what people get from coming together with others that share their values, this is their answer  – and I think it will speak to a lot of vegans:

“You get a lot of things out of binding together with morally similar others and expressing moral judgments about the same things that you think are wrong and should be condemned, and finding togetherness and praising things you think are morally praiseworthy. You can develop a sense of morally-based group solidarity, which is a powerful thing. (…) It’s a great feeling when you join together with like-minded others and find yourself celebrating this commonality that goes all the way down to the depths of your convictions. People’s values are their deepest held beliefs, by definition. They’re willing to fight and die to defend their values. And so, when you can come together with other people and celebrate these values and share them, and discriminate between yourselves and those who don’t hold those values, that can be a powerfully transcending experience and generate strong feelings of trust within the group. It’s not strange and it’s not objectionable that people do that, that they are pulled to that sort of thing.

It is, indeed, not wrong or objectionable to go for these feelings, and especially in a world where few people agree with us, it is normal that we seek out the confirmation of like minded-people. But we should be careful that the warm glow we get from doing activism does not blind us to the actual impact of our actions.

We must be careful, in other words, not to confuse feeling good and doing good.

 

Want to read more about vegan strategy and communication? Check out my book How to Create a Vegan World.

 

* Even though I’m quoting from a podcast and obviously one person was always speaking at one time, I will quote as Feinberg and Willer, because I couldn’t distinguish between the voices on the podcast.