I asked him what he meant by "old rules?" .
"People like me play by a different set of rules from what you play by," he said. "What happens when a corporation announces a downsizing?"
"People get laid off," I said. "Families are hurt. Unemployment goes
up."
"Yes, but what happens to the company, in particular a public company on the stock exchange?"
"The price of the stock usually goes up when the downsizing is announced," I said. "The market likes it when a company reduces its labor costs, either through automation or just consolidating the labor force in general."
"That's right," he said. "And when stock prices go up, people like me, the shareholders, get richer. That is what I mean by a different set of rules. Employees lose; owners and investors win."
Robert was describing not only the difference between an employee and employer, but also the difference between controlling your own destiny and giving up that control to someone else.
"But it's hard for most people to understand why that happens," I said. "They just think it's not fair."
"That's why it is foolish to simply say to a child, `Get a good education,' " he said. "It is foolish to assume that the education the school system provides will prepare your children for the world they will face upon graduation. Each child