According to Wikipedia, in sociology, socialization is the process of internalizing the norms and ideologies of society. Socialization encompasses both learning and teaching and is thus the means by which social and cultural continuity are attained. Socialization essentially represents the whole process of learning throughout the life course and is a central influence on the behavior, beliefs and actions of adults as well as children.
Decades ago, when I was in elementary school, this was called, “plays well with others.”
Today, we live in a world that is becoming more fragmented and polarized, increasingly uncivil, and suffers from rampant identity politics.
Investors should consider that business is essentially a team sport and successful companies are able to harness and direct the collective talents and efforts of a diverse group of employees towards a common objective.
Perhaps it would be constructive if we all take Taylor Swift’s advice and calm down (see our blog titled, “You Need to Calm Down”).
All comments and or suggestions are welcome.
Walter J. Kirchberger, CFA