SERIES: The Thing About is a weekly Business Day column designed to discuss democratic ideas, ideals, values and principles from a liberal perspective. What are the effects of low self esteem? It is a permanent force in our lives. Unrestrained its impact on our approach to control can be dramatic. On the one hand, driving a desire for power and respect; on the other, it is able to reduce someone to a victim, unable to act and inhibited by self doubt.