Michael F Schundler
3 min readJan 30, 2023

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You have a crazy perspective, that being successful means you can't be compassionate. For starters my wife and I gave away about 10% of our income to charities over the last 25 years.

I ran a large home health company taking care of 25,000 seniors and disabled people including children in their homes every day? That wasn't good for society?

While in college I earned my tuition as a hospital aide giving baths to people that could not bathe themselves, changing soiled beds for seniors, and helping patients with other needs, but I did not plan to spend my whole life doing that... why do you think that is more noble?

You have this flawed idea that somehow earning a good living in incompatible with helping people. When I co-founded one of the largest physician groups in the Midwest, I took a lot of pride in the fact, that my physicians not only earned a good living, but we gave away about 18% of our services to people that had no health insurance. That was $9 million a year. Was I selfish?

In retirement, I mostly help my wife with her business running errands and doing her accounting. Am I more noble for earning less. Actually, I like my current job... no stress, lots of coffee breaks, but the pay sucks.

I am paying for daughter's education to become a physician. My deal with her is that when she becomes a doctor rather than paying me off, she has to contribute at least one week a year providing free health care for people that need it. Think about that, long after you and I are gone from this earth, my daughter will be helping people that can't afford to help themselves because I made enough money to pay her medical school (I tell her the week is in lieu of a huge student loan).

Please don't presume. Making money and doing good are not incompatible. It does take effort. As an aside besides running a company, I volunteered as a Sunday school teacher and when after I retired, I worked in the church's nursery (I used to joke that since my grandchildren lived in other states, this was my "grandfather" fix for the week). My youngest daughter worked with me as the "song leader" (she plays the guitar), while I read the children stories and watched them on the playground.

Capitalism acts to allocate resources where society wants them. You like food, farmers work for money and so they grow food that you enjoy and the money they earn can be spent on what they want. Is it unfair, that some farmers are better at it and make more than farmers that are less good at it?

Warren Buffet has earned billions of dollars and is one of the wealthiest people on the planet. On his death nearly all his fortune will go into a foundation helping people all over the world. He is the ultimate capitalist, but do you think he is greedy... he lives in the same house, he moved into as a poor man more than 30 years ago.

Meanwhile, those cops that beat that poor young man to death did not do it because of capitalism, they were just bad. Capitalism is a tool that helps societies to operate and prosper and most importantly funds the social safety net that countries use to care for their poor. You mentioned Europe, the private sector in Europe (you know the one where capitalism operates) funds the entitlement system Europe provides its citizens, without capitalism, you would have an entitlement system that looks like Russia's, Venezuela's or Cuba's.

Try looking through a different lens...your bias against capitalism causes you not to understand how much capitalism "funds" everything you value.

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