In this episode, Scott Becker challenges the rise of binary thinking in politics, business, and society.
Chapter 1: What is the main topic of this episode?
This is Scott Becker with the Becker Private Equity in Business podcast. Today's discussion is the wrongness of binary thinking. So one of the things that's happened, and I see this when I post something about any subject, there are immediately positions from the left and the right That just, you know, try and destroy the position.
Chapter 2: Why is binary thinking considered wrong?
And the reality is I'm a huge believer that almost everything, almost everything in life, that the reality is that the truth is somewhere in between. So it's not that the Dems are all wrong or the Republicans are all right, but usually it's that they're somewhere in between. That's the correct answer. It's not that we shouldn't spend a lot of money on universities. Of course we should.
Chapter 3: How can we find truth in political debates?
We should also understand where the money's going, and there has to be accountability of it in some sense, whether it's being used for good research purposes and good purposes in general or not. It's not that Ukraine is totally right and Russia is totally wrong. In general, the truth is somewhere in between. It's the same thing with Israel and Palestine.
Chapter 4: What is the reality of the Ukraine and Russia conflict?
It's not that Israel is 100% right and should destroy Gaza and and the Palestinians are 100% wrong, it's quite frankly, the truth is somewhere in between. The Palestinians have the right to live, but sure as heck, Israel has a right to live in peace as well. And again, on almost every issue, the truth lies somewhere in between.
Chapter 5: What is the truth about the Israel and Palestine situation?
And there can be categorical oughts, of course, categorical spots where the truth is not in between. But I find that in 99% of the situations... that the reality is that there's always a middle position that's probably the right position, that the truth is somewhere in between. And that spot in the middle is usually the right spot sooner or later. For example, it's not MAGA or WOKE.
It's somewhere in between. It's not no DEI at all or all DEI. It's, again, somewhere in between. And I can criticize when the deficit of two trillion dollars and I can certainly see that it's probably a mix of both incredibly obnoxious spending, maybe cutting taxes too much. I tend to fall more in the watching the spending area.
But the truth is somewhere in between that there's a lot of blame on both administrations. Republicans and Democrats for our deficits. Again, the concept is this binary thinking is largely wrong and the truth on most issues is somewhere in between. And the more we can get back to as a nation and people to problem solving, the better off I think we will all be.
Thank you for listening to the Becker Private Equity and Business Podcast.