Long ago, most Americans lived as Laura Ingalls Wilder chronicled in the “Little House” series. Pa Ingalls and family were out in the wilderness, surviving with the rhythm of the land and putting away what they could to survive long winters and perhaps beyond. The family’s net worth was what they had around them – nearly all put toward surviving on their own.
That life has been replaced with interdependence based on a dollar value assigned to absolutely everything. We all get by with any extra scratch, should there be some, not stored up to get through the winter but properly invested in convertible assets. This means that everyone is subject to the values of the Free Market™, which determines the value of all assets including experience, talent, and work.
The real lessons from successful financial companies like Bain Capital are the demonstration of what these values of interdependence are – and how our world far beyond Pa Ingalls has become as hostile as any winter on the Great Plains.