If you want more jobs, look to Steve Jobs

by · 8 comments

October 6, 2011
Hong Kong

You’ve undoubtedly heard by now that Steve Jobs passed away yesterday after a long battle with cancer; it’s been all over the news with wall-to-wall coverage, and iCandle vigils have sprung up all over the world. Jobs is being remembered as a pioneer, a technological revolutionary, a visionary.  Rightfully so.

But it’s important to give credit where credit is due, and the world owes a tremendous debt to Steve Jobs for something else. He was perhaps the greatest living example of ‘philanthropy’ in action.

While people like Warren Buffet are pleading with the government to raise their taxes and give away their wealth to sycophantic bureaucrats, Jobs showed time and time again that the best way to improve people’s lives is to create value and be productive.

Steve Jobs was one of the most productive human beings to have ever lived; he started several successful companies which directly employed tens of thousands of people. Indirectly, his businesses improved the livelihoods of millions across the globe, from Chinese factory workers to iPhone app programmers to Apple shareholders.

In building an empire and unimaginable wealth for himself, Steve Jobs enriched the lives and livelihoods of others by creating value. Not by forced redistribution. Not by giving things away. By creating value.

Ironically, just as I write this I am watching President Obama on Bloomberg Television trying to explain how many jobs his new plan will create– 1.9 million in his estimate:

“We’re just going to keep on going at it and hammering away… until… something gets done. I would love to see nothing more than Congres act… so aggressively.”

Politicians would do themselves and their constituents a great service by comparing their own track record for enriching people’s lives against Steve Jobs’ performance, and then kindly stepping out of the way. The path to prosperity is not paved in votes, but rather in freedom: the freedom to create, produce, risk work hard… and be rewarded for your efforts.

If you have the time, I’d encourage you to take a few minutes and read some of Jobs’ own words; there are boundless sources online that will praise his creativity, drive, and intellect, but perhaps no one is better suited to explain Steve Jobs than the man himself.

Below I’ve pasted in some key quotes taken from his 2005 Stanford commencement address, and an old 1985 interview with Playboy magazine that the folks at Zero Hedge dug up. Enjoy.

Jobs on -not- following the crowd:

“Your time is limited, so don’t waste it living someone else’s life. Don’t be trapped by dogma– which is living with the results of other people’s thinking. Don’t let the noise of others’ opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.”

Jobs on change and politics:

“We’re making the largest investment of capital that humankind has ever made in weapons over the next five years. We have decided, as a society, that that’s where we should put our money, and that raises the deficits and, thus, the cost of our capital.”

“I think it takes a crisis for something to occur in America. And I believe there’s going to be a crisis of significant proportions in the early Nineties as these problems our political leaders should have been addressing boil up to the surface.”

Jobs on charity… and the importance of failure:

“And that’s the problem with most philanthropy– there’s no measurement system. You give somebody some money to do something and most of the time you can really never measure whether you failed or succeeded in your judgment of that person or his ideas or their implementation. So if you can’t succeed or fail, it’s really hard to get better.”

Jobs on careers:

“Sometimes life hits you in the head with a brick. Don’t lose faith. I’m convinced that the only thing that kept me going was that I loved what I did. You’ve got to find what you love. And that is as true for your work as it is for your lovers. . .  As with all matters of the heart, you’ll know when you find it. . . So keep looking until you find it. Don’t settle.”

Jobs on making it count:

Most of the time, we’re taking things. Neither you nor I made the clothes we wear; we don’t make the food or grow the foods we eat; we use a language that was developed by other people; we use another society’s mathematics. Very rarely do we get a chance to put something back into that pool. I think we have that opportunity now. And no, we don’t know where it will lead. We just know there’s something much bigger than any of us here.

Jobs on [the blue screen of] death:

“[D]eath is the destination we all share. No one has ever escaped it. And that is as it should be, because Death is very likely the single best invention of Life. It is Life’s change agent. It clears out the old to make way for the new.”

Well done, Mr. Jobs. Be thou at peace.

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2011-10-06
  • http://www.adventurecapitalist.net Wille

    Excellent piece! I’ve often thought of Warren Buffett as an idiot savant and hypocrite of large proportions.
    You rightly point out that Jobs’ productive achievements make Buffetts so called “philantropy” look pale by comparison. Add to that the fact that Jobs more or less created industries and dragged us technologically from a primitive place to where we are today.

    Buffett on the other hand has done very little except opportunistically re-allocate capital. No shame in that, but it is hardly even worth comparing to the achievements of Steve Jobs. 

  • Anonymous

    Hey, it’s not St Steve. This is a guy who never designed a product. At best he picked winners from several designs created by others. He was a great packager & marketer.  Let’s keep some perspective.  At the end of the day, these things are just fancy toys.

  • Anonymous

    Sorry, guys.  Jobs was the exception, not the rule. Entrepreneurs are rare & few find the funding to materialize their dreams.  Capitalists want fat returns without taking risk.  Corporatists also minimize risk while they manage their personal careers.
    So, funding new ventures should be rewarded & the rest of the fat cats need to taxed to the max.

    • DoesNotMatter

      Great Idea VoxFox, but I have an even better idea. Ofcourse you should not be jealous that I have the better idea because after all your idea was the inspiration for it. As Isaac Newton said, “If I have seen further, it is only because I was standing on the shoulders of Giants. So here is the ideal I had

      All those who I dislike for whatever reason should be taxed to the max. All those I like for whatever reason should be rewarded

      Brilliant, Isn’t it!

  • DoesNotMatter

    What a tragedy….that he had to die so young. He was a very spiritual person.

  • Anonymous

    Like Gates he was in the right place at the right time.

  • http://www.facebook.com/Morpheus2150 Thomas Morpheus Costanzo

    Oh please spare me KJQ, why are Christians so caught up in this Jesus
    Christ “Myth”.  Many Christians are so full of Hate and yes they are
    full of it that they are unable to accept someone viewpoint.  Christians
    seem to be interested in 2 things: what supposedly happened 2 THOUSAND
    years ago and what happens after you die.  Irrelevant!  WE all have
    eternal life PERIOD.  It is my opinion that anyone who does not have
    direct connection with God is destined to return to this planet.  For
    all we know to we may be living in HELL RIGHT NOW and I challenge you to refute it.  Lucifer is the father of lies!

  • Ozawa

    If anyone wants the other side of the issue, there is Stallman’s quote that “I’m not glad he’s dead, but I’m glad he’s gone.” Apple represented technology as trendy slavery, not individual freedom. Stallman is widely seen as one of the real leaders of computers as helping the world, as opposed to being something that helps the NSA and big corporations in their plans for our looming serfdom.

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