Cornelius Vanderbilt: 'I have always served the public to the best of my ability. Why? Because, like every other man, it is to my interest to do so.'

I have always served the public to the best of my ability. Why? Because, like every other man, it is to my interest to do so.

Cornelius Vanderbilt, a prominent American business magnate of the 19th century, once said, "I have always served the public to the best of my ability. Why? Because, like every other man, it is to my interest to do so." This quote summarizes Vanderbilt's belief that acting in the best interest of the public ultimately serves one's own self-interest. It highlights the idea that by benefiting others, we can create a positive ripple effect that benefits ourselves in return.Vanderbilt's statement can be interpreted on various levels, but at its core, it emphasizes the notion of interconnectedness. It acknowledges that as individuals, we are not isolated entities; instead, our lives are intricately interconnected with those around us. By recognizing this interdependence, Vanderbilt understood that his success relied on the well-being and prosperity of the public he served.In a straightforward interpretation, Vanderbilt's quote acknowledges the practicality of serving the public. By providing goods and services that improve the lives of others, entrepreneurs like Vanderbilt could achieve financial success. This self-interest, then, becomes the driving force behind their willingness to serve the public. In essence, this perspective attributes altruistic actions to a selfish motive, suggesting that helping others is ultimately a means to achieve personal gain.However, delving deeper into Vanderbilt's quote introduces an unexpected philosophical concept that adds an intriguing layer of complexity. It challenges the conventional dichotomy between self-interest and altruism by suggesting they are not necessarily mutually exclusive. This concept echoes the philosophy of enlightened self-interest or rational self-interest, propounded by various thinkers such as Adam Smith and Ayn Rand.Enlightened self-interest posits that acting in one's own best interest can align with serving the greater good, ultimately benefiting society as a whole. While self-interest may be the driving force behind our actions, it does not inherently imply disregard for the well-being of others. Instead, it suggests that by considering the interests of others and promoting their welfare, we create a harmonious coexistence that ultimately benefits ourselves as well.In contrast to traditional definitions of self-interest, this philosophical concept broadens our understanding of motivation and challenges the notion of selfishness. It proposes that when we serve the public, we not only enhance our individual well-being but also contribute to the betterment of society as a whole. By embracing this mindset, we shape a more compassionate and interdependent society where success is not measured solely by personal gain but also by the positive impact we have on others.Vanderbilt's quote thus holds significance beyond its immediate message. It not only highlights the practicality of serving the public for personal benefit but also introduces a philosophical perspective that reshapes our understanding of self-interest and altruism. By embracing the idea of enlightened self-interest, we can recognize the potential within each of us to contribute to a more harmonious and mutually beneficial society.In conclusion, Cornelius Vanderbilt's quote invites us to reflect on the interconnectedness between self-interest and serving the public. It suggests that by acting in the best interest of others, we ultimately serve our own interests. This notion is not confined to a narrow understanding of self-centeredness but encompasses a broader understanding of enlightened self-interest, where individual success is intimately tied to the collective well-being. By embracing this perspective, we can redefine our motivations and contribute to a more harmonious and prosperous society.