Day 2 of Horizons 2012 at IIM Kozhikode ended with Battlefield, the management debate themed “It’s all about the money, honey” with Mr. S. Subramanyeshwar, Chandan Ghosh and Ankit Doshi speaking for the motion; and Siddharth Aggarwal, Subrata Bagchi and Paramita Banerjee arguing against the motion. The debate brought about a plethora of ideas and was moderated by Professor A.F. Mathew.
Mr. Subramanyeshwar, better known as Subbu presented the opening argument saying that if one wants to do anything good for the world on needs money. Money is the starting point and without it nothing can be done.
The next speaker Siddharth spoke against the topic stating that it can never be all about the money. It is a combination of passion, resources and what one will excel at in the world that are the 3 driving forces. Hence money plays only a part but is not central. What one needs is the right people making the right impact in order to get the money.
Next, Chandan, speaking for the motion, opined that the 2 differences between human beings and animals are that animals cannot speak and that they cannot create and use money. Money is a necessary evil. For a minuscule shortage of funds a business can lose everything. In a corporate world where one gets paid only for a part of their worth money becomes very important.
After that, Subrata explained how want for money becomes a viscious cycle with money. The problem is that it brings out your animal instinct, our vices. Innovation can happen without the money. It is passion, conviction and ethics which truly drives us.
Ankit began his argument by saying that most business students would refuse to join a reputed institute if it erased off its assurance of placements. No one wants risks and want stability in their lives.
Paramita strengthened her argument against the opposition by asking how many of them would want “honey”s who only wanted their “money”. As even her opposing team had said it’s not “all” about the money, what you earn seldom determines your happiness.
Professor Mathew then cross questioned Ankit stating that perhaps if the exorbitant course fees were wavered, more students would opt out of placements and try their own ventures. Ankit answered back that he doubted that would happen since the situation was the same several years ago when the course fees were less.
According to Siddharth, a life of passion is more provoking than a life of money. Some people fear to step into the unknown, but once they do they never want to leave. Ghosh’s argument was that one needs to have a full stomach before pursuing such adventures. Subbu pointed out the fact that one can easily find a list of the top 50 richest men in the world but never the top 100 best intent people of the world. Paromita also added that personally, she much happier in the service of others than leading a rich life teaching in foreign universities.
In conclusion most speakers unanimously agreed that eventually passion is what drives us to happiness and helps us to contribute values exponentially to society. While money does not mean everything, it is still an essential driving force. It can be used to do good, but if it nurtures evil then it should be avoided.