Category: Finance

Group goodness

The power of sharing.

(And, please, make a note of my final remark at the end of today’s post.)

Those who are regular visitors to this place will know that John Zande, who lives in Brazil, is a good friend, and, for that matter, I try to be a good friend of his place.  (If you didn’t read my recent review of John’s latest book On The Problem of Good then it is here.)

So when a couple of days ago I received the following email from John you can imagine my positive response to his request.

Paul, hi, I have a favour to ask.

My wife’s sister, Dee (who lives in Australia) has started a gofundme campaign to help cover a rash of vet surgery bills we’ve had recently. These past few months (most of summer, really) has been appalling with the number of dumped animals in our area.

Together with a few other people in our loose group we rescued about ten and got them adopted out to good homes. Plus, we have three in temporary shelters as we nurse them back to health. We took one into our house, Nina, thus making eleven here now, who had her tail amputated last Tuesday. We were fortunate in that our vet worked for free (a 3hr operation) and only charged us for the anesthetist.

We’re lucky to have these wonderful people around, but we’re a tad snowed under right now with the accumulated surgeries and medicines, which is why Dee started this little campaign.

Now there was no question that Jean and I wanted to help. Not only by making a modest donation ourselves but by promoting Dee’s campaign. I emailed a reply to John saying just that.

John then responded with more details, including some photographs:

Dee is married to a very good friend of mine from Uni. She started this campaign to help Dionete, my wife, and I (and if possible a few other Vista Verde folk who’re in our rescue network) here in Brazil. Dee was here just before Christmas and saw the problem first hand. She actually helped us rescue a wonderful little fellow, Terrorista, who now lives a few streets away with a wonderful family.

I didn’t know, but Dionete was chatting to her a week or two ago and it came up just how many vet/surgery/medicine expenses we’d accumulated over the summer. Without either of us knowing, she, Dee, then started this gofundme campaign to lend a hand and help clear the vet bills. We’re not an NGO (we actually help four here in Sao Jose dos Campos, two in Sao Paulo, and Sandra’s Maxmello in another city south of Sao Paulo). Because we’re not an NGO we’ve never thought about doing a campaign ourselves, so was surprised when Dee started this one. It’s quite modest, $1,000 Australian dollars (the goal) converted to Brazilian Reis will make a sizable dent in our backlog of vet surgery bills. Our bills are tiny compared to a guy we know who does have an NGO and owes his network of vets 90,000. He’s a wonderful fellow and I’m actually working with him to try and get a mobile neutering unit started here in Sao Jose dos Campos. But that’s another story. So, to be clear, the campaign is for us here in Vista Verde, which is sadly a dumping ground for animals. Surrounding districts seem to think we’re all wealthy here and therefore they can dump their animals. It’s infuriating, and the animals never stop coming.

I am sure that Jean and I aren’t the only ones that want to help.

So here’s the link to that GoFundMe campaign on behalf of VISTA VERDE HELP FUND for strays.

And John could offer no better reason for seeking some financial support from the wider world. Here’s some of his later email:

My apologies if there was some confusion. I’m actually heading out right now to feed a new fellow I found a few days ago and is sleeping outside a house in another district. When I get back I’ll send some more photos, OK.
Let me close with some more photos of dogs that have been helped by John, Dionete and the rest of the great band of the Vista Verde Fund.
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Finally!
Please offer whatever you can to help. Even the smallest amount makes a real difference.
I am going to run this post for two days. I.e. the next post will be out on Friday, 21st April.

The State of the World!

Reality warning dear people!

As you all know, my world is dominated by love. My love for my Jeannie and all the wonderful creatures that inhabit this home and these few acres here in Southern Oregon. Time and time again I share with you stories and articles that I come across that underpin that loving umbrella. Time and time again I am deeply moved by your interest in my scribbles. As I said, my world is dominated by love, and your friendship across this blogging world added to Jean’s love for and attachment to me, has created a little paradise for me.

But! (And you may have sensed there was a ‘But’ coming up.)

But that doesn’t mean that I am immune to being deeply affected by other, more worldly issues, that are as far away from love as one could imagine; more accurately, as far away from love for this wonderful planet as one could imagine.

So for today and the next two days I am going to share with you the pain and angst that I do feel, and feel all too easily, at what we, as in the collective global ‘we’, are up to. Madness doesn’t even seem to touch it!

Today, I am going to republish a recent TomDispatch essay, with Tom’s very kind permission. Tomorrow, I am going to contrast what fellow Brit James Lovelock has been predicting for years with where we really are heading in terms of the future of Planet Earth. Then on Friday, I will finish up with an essay by Professor Ronald Pies regarding the “twisted relationships to truth”.

So don’t say you haven’t been warned!

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 Tomgram: Rebecca Gordon, War Without End

Economic marginalisation.

For those looking for answers to the crisis in liberal democracy, this may well be it.

In yesterday’s post Tensions abound in many societies I offered a viewpoint that the ‘left’ arguing with the ‘right’ in politics was utterly inappropriate. Simply for we, as in the people who live on this planet, have to start working together if we wish to have a future for mankind on Planet Earth.

Yesterday’s post also referred to Inductive and Deductive Reasoning with me proposing that the future had to be built on a universally acknowledged relationship between ’cause’ and ‘effect’. A relationship that was built on a clear axiom, or theorem; as we see all around us in both the physical and natural worlds.

This idea does take a little time to filter through and I would be the first to say that I had to spend quite a while reflecting on the idea to fully understand the difference, the power, of deductive reasoning. Plus how something that was a behaviourial ‘law’ could be seen as much as an axiom as is, for example, the calculation of the speed of light, or the relationship of gravity to mass.

So returning to economics.

Quite recently there was an essay published on The Conversation blogsite written by Professor Andrew Cumbers of the University of Glasgow.

His thesis is that there is a direct relationship between “… about how well dispersed economic decision-making power is and how much control and financial security people have over their lives.“

That relationship is the core message of his essay.

In other words, as I see it, there is an axiom, a theorem, that governs the relationship between the leadership process of a country and the degree to which that country’s society could be classed as a democratic society.

Here is Professor Cumbers’s essay as published by The Conversation blogsite and republished here within the terms of The Conversation.

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New index of economic marginalisation helps explain Trump, Brexit and alt.right

January 12, 2017 10.03am EST

Author:
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“My fellow disenfranchised Americans …” EPA

If 2016 brought Brexit, Donald Trump and a backlash against cosmopolitan visions of globalisation and society, the great fear for 2017 is further shocks from right-wing populists like Geert Wilders in Holland and Marine Le Pen in France. A new mood of intolerance, xenophobia and protectionist economics seems to be in the air.

In a world of zero-hour contracts, Uber, Deliveroo and the gig economy, access to decent work and a sustainable family income remains the main fault line between the winners and losers from globalisation. Drill into the voter data behind Brexit and Trump and they have much to do with economically marginalised voters in old industrial areas, from South Wales to Nord-Pas-de-Calais, from Tyneside to Ohio and Michigan.

These voters’ economic concerns about industrial closures, immigrants and businesses decamping to low-wage countries seemed ignored by a liberal elite espousing free trade, flexible labour and deregulation. They turned instead to populist “outsiders” with simplistic yet ultimately flawed political and economic narratives.

Much has been said about the crisis of liberal political democracy, but these trends look inextricably linked with what is sometimes referred to as economic democracy. This is about how well dispersed economic decision-making power is and how much control and financial security people have over their lives. I’ve been involved in a project to look at how this compares between different countries. The results say much about the point we have reached, and where we might be heading in future.

The index

Our economic democracy index looked at 32 countries in the OECD (omitting Turkey and Mexico, which had too much missing data). While economic democracy tends to focus on levels of trade union influence and the extent of cooperative ownership in a country, we wanted to take in other relevant factors.

We added three additional indicators: “workplace and employment rights”; “distribution of economic decision-making powers”, including everything from the strength of the financial sector to the extent to which tax powers are centralised; and “transparency and democratic engagement in macroeconomic decision-making”, which takes in corruption, accountability, central bank transparency and different social partners’ involvement in shaping policy.

What is striking is the basic difference between a more “social” model of northern European capitalism and the more market-driven Anglo-American model. Hence the Scandinavian countries score among the best, with their higher levels of social protection, employment rights and democratic participation in economic decision-making. The reverse is true of the more deregulated, concentrated and less democratic economies of the English-speaking world. The US ranks particularly low, with only Slovakia below it. The UK too is only 25th out of 32.

 Economic Democracy Index, figures from 2013. Andrew Cumbers
Economic Democracy Index, figures from 2013. Andrew Cumbers

Interestingly, France ranks relatively highly. This reflects its strong levels of job protection and employee involvement in corporate decision-making – the fact that the far right has been strong in France for a number of years indicates its popularity stems from race at least as much as economics.

Yet leading mainstream presidential candidates François Fillon and Emmanuel Macron are committed to reducing France’s protections. These are often blamed – without much real evidence – for the country’s sluggish job creation record. There is a clear danger both here and in the Netherlands that a continuing commitment to such neoliberal labour market policies might push working class voters further towards Le Pen and Wilders.

One other notable disparity in the index is between the scores of Austria and Germany, despite their relatively similar economic governance. Germany’s lower ranking reflects the growth of labour market insecurity and lower levels of job protection, particularly for part-time workers as part of the Hartz IV labour market reforms in the 1990s that followed reunification.

The index also highlights the comparatively poor levels of economic democracy in the “transition” economies of eastern Europe. The one very interesting exception is Slovenia, which merits further study. It might reflect both its relatively stable transition from communism and the civil war in the former Yugoslavia, and the continuing presence of active civil society elements in the trade union and cooperative movements. Southern European economies also tend to rank below northern European countries, as does Japan.

Poverty and inequality

The index provides strong evidence that xenophobic politics may be linked to changing levels of economic participation and empowerment – notwithstanding the French data. We found that the greater the poverty and inequality in a country, the lower the rates of economic democracy.

These findings suggest, for example, that the Anglo-American-led attack on trade unions and flexible labour policies may actually drive up poverty and inequality by cutting welfare benefits and driving up individual employment insecurity. While the OECD itself advocated these policies until recently, countries with high levels of economic democracy such as Norway, Denmark and Iceland have much lower levels of poverty than countries such as the US and UK.

 Far right activists in Budapest, Hungary, February 2016. EPA
Far right activists in Budapest, Hungary, February 2016. EPA

Far-right populism is on the march everywhere, including the Nordic countries. But Brexit, Trump and the more serious shift to the far right in Eastern Europe have been accompanied by diminishing economic security and rights at work, disenfranchised trade unions and cooperatives, and economic decision-making concentrated among financial, political and corporate elites.

We will monitor these scores in future to see what happens over time. It will be interesting to see how the correlations between economic democracy, poverty and voting patterns develop in the coming years. For those looking for answers to the crisis in liberal democracy, this may well be it.

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 I shall be writing to Professor Cumbers asking if my analysis of that relationship is supported by his research.

For if it is then we do have a very clear axiom that few would disagree with. That is the political consensus this world needs now.

Oh, and we will be back to dogs tomorrow! 😉

Standing up for the future.

This is no sinecure – the future of mankind is at risk.

Very often I find a topic for Saturday that is easy on the mind. But I make no apologies for republishing, with Jennifer’s permission, a post that she published over on Transition Times yesterday. When you read it you will see clearly that promoting this today is right. For many readers may well be able to join thousands of others in showing their support for the Standing Rock Sioux tribe.

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World War III Has Begun: Which Side Are You On?

Although you wouldn’t know it from scanning the front pages of the mainstream media, a major battle in what Bill McKibben has called World War Three, the war to save the planet from human destruction, has been going down in Indian Country for the past six months.

Thousands of Native Americans, members of a whole host of tribes, have gathered at Standing Rock, North Dakota, to protest the North Dakota Access Pipeline (#NoDAPL), which was sited by the Army Corps of Engineers to run dangerously close to the Missouri River and the Standing Rock Reservation.

But as the protesters say, they are not just defending Indian country, they are defending everyone who relies on the Missouri for water—and not just humans but all life.

If there is anyone to look back at this turbulent period in human history on Earth—now coming to be known as the Anthropocene—they will surely wonder at the suicidal tendency of human civilization in the 20th and early 21st centuries.

Why, they will ask, would such an intelligent species willingly—even enthusiastically—engage in the poisoning of its waterways and underground water resources; the destruction of its forests; the chemical contamination of its soils and oceans; the overheating of its precious atmosphere by relentless burning of fossil fuels? Why would humans put so much of their intelligence and technological prowess into developing ever more lethal weapons of mass destruction, used to bludgeon each other? Why would they preside blithely over the extinction of millions of other species, the vicious ripping of the great ecological web of life on Earth?

Why indeed?

I know it’s hard for any of us to escape the clutter of our everyday lives, with the constant pressures and worries that beset us on the personal level. But this is precisely what is being asked of us now.

The courageous defenders out at Standing Rock dropped their ordinary lives to be part of the historic encampment protesting the stranglehold of the oil companies on our waterways and our lands. They are fighting in the courts, through the media, and most importantly with their physical presence, standing up to the bulldozers, the attack dogs and the pepper spray.

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Image source: Democracy Now!

This is what McKibben’s World War Three looks like—it’s already begun. It will be fought locally, as communities and individuals wake up to the implications of the destruction and decide that hell no, they won’t take it any more.

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Oil and gas pipelines in the U.S. Image source: https://projects.propublica.org/pipelines/

In my own corner of the world, we are under assault from General Electric, wanting to create toxic waste dumps right in the middle of our small rural towns. We have a gas pipeline being constructed, despite vehement protests, through a pristine old-growth state forest. We have oil tanker trains running constantly right through our communities. Despite a thriving organic and biodynamic farm renaissance, we still have far too many pesticides, herbicides and fungicides being used locally, and too many trees being cut down.

I have been thinking and writing for some time now about how important it is to align the personal, political and planetary in our own lives and in the way we relate to the world around us. On all three of these levels, 21st century American life is way out of balance.

It is time to focus, each one of us, on using our brief lifetimes to create balance and harmony on Earth. Sometimes the way to harmony leads through protest and discord, as is happening now in Standing Rock. Sometimes it can be as simple as choosing to support local, low-impact agriculture rather than industrial agriculture. Leaning on our political representatives to move faster on policy that will shift our society to renewable energy is key.

Wind farm in Ireland. Source: http://www.iwea.com/_wind_information
Wind farm in Ireland. Source: http://www.iwea.com/_wind_information

There are so many ways to get involved in this War for the Planet, many of them quite peaceful. The important thing is to get off the sidelines. Get involved. Feel the potential of this moment—it’s literally a make or break period for the future of humanity on Earth, and many other living beings too.

The brave defenders at Standing Rock are reminding us that we are all “natives” of this Earth, and we all have a stake in protecting her. Which side are you on?

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Yes, we are all natives of this world and that includes our dear animals and our wonderful animal companions.

Make a promise to yourself to make a difference; even one small difference. With that in mind, if you want to find an event close to you then the Sierra Club have a page where you can look up which event you would like to attend.

Make a difference!

Brexit – now what happens?

Here’s what is going to happen.

In the run-up to the EU referendum by the UK this Brit was tempted several times to offer an opinion on what I thought was the best decision. But I resisted. (I was qualified to vote as an overseas voter and had voted for Remain.)

My resistance was because it seemed inappropriate to pass any form of opinion before the die had been cast, so to speak. I hadn’t been living in the country for over eight years and, inevitably, was out of touch with feelings.

The Conversation blogsite yesterday had a series of articles on the aftermath of the Brexit decision but the one that seemed most useful to share with you all was an article by Gavin Barrett,  a Professor of European Constitutional and Economic Law at University College in Dublin. For many readers, including me, both within and without the UK this seemed a valuable primer.

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Britain votes to leave the EU, Cameron quits – here’s what happens next

June 23, 2016 11.41pm EDT

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Leave ahead. Anthony Devlin / PA Wire

Author

Into the Future.

These are deeply interesting times.

Among the many impressive qualities of the dog is one that we humans must envy so much at times.

I’m not speaking of a dog’s ability to seek out food or, at the other end of things, the dog’s way of keeping it’s backside clean! 😉 No, I’m referring to the way a dog lives in the present. Presumably unworried as to what the future might mean.

We humans, however, as hard as we try to be rooted in the ‘here and now’ also depend on assessing the future and determining the best way to respond to that uncertainty. I’m sure that assessing and managing risk is one of the ways that have made us such a successful species.

In terms of voicing these uncertain times I really was drawn to a comment from ‘John D’ over on Richard Murphy’s Tax Research UK blogsite. I’m going to republish that comment in full before moving on to the central theme of today’s post: Into the Future.

John D says:
June 10 2016 at 4:58 pm
Paul, I share your apprehension. I believe ‘the world’ has entered a cycle of almost unprecedented uncertainty. So many issues. So few solutions being articulated in the mainstream. However, shift happens and Richard is right to say that there is always opportunity for change. Gramsci, an underrated theorist, summed it up in his ‘Prison Notebooks'(1929-35) writing: “The crisis consists precisely in the fact that the old is dying and the new cannot be born; in this interregnum a great variety of morbid symptoms appear.”

The stranglehold Neo-liberalism has exercised on orthodox economics for the past 40 years is difficult to understand but, given that its major protoganists have held all the aces, it’s not really surprising. Under Reagan there was a major ‘re-education’ programme in the Universities where any heterodox economic teaching was eliminated from the ‘Economics 101’ curriculum. Acording to Richard Wolff an entire generation of students graduated from the major universities without ever having studied Marx in any context.

(For anyone interested here’s a succinct history of Neo-liberalism – http://www.newleftproject.org/index.php/site/article_comments/a_short_history_of_neoliberalism_and_how_we_can_fix_it).

The good news is nothing lasts forever. The seeds of change have already been sown and will eventually blossom, possibly in unexpected locations. Sadly, as Ivan says, there has been irretrievable damage to lives and livelihoods in the US, UK and many EU countries. Michael Hudson recently spelled out its negative effects – http://www.counterpunch.org/2016/06/07/the-wages-of-neoliberalism-poverty-exile-and-early-death.

Like many, I don’t think radical change will come about until enough people are hurting enough. Maybe a real property crash will be a wake-up call. However, in or out of the EU isn’t going to trigger a change in the economic agenda any time soon. Personally I believe that a vote for Brexit (ominously a possibilty) will set-back any fundamental reforms, especially in the UK. But I don’t want to open up that can of worms again here!

The perennial question is ‘what to do?’. And the answer is always the same: ‘do something, anything, to nurture the seeds into saplings’. Every little helps! It’s going to be a rough ride, not without some collateral damage in terms of still more unnecessary deaths. Usually I’m not as optimistic as Richard but because it’s Friday afternoon and the sun is shining I feel the beginning of the end is within our grasp. I so hope so. Back to Gramsci – the immediate worry is what will fill the intervening vacuum. Happy weekend!

The seeds of change have already been sown and will eventually blossom, possibly in unexpected locations.

The perfect introduction to an email that Dan Gomez sent me on Thursday.

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Below  is a summary by Udo Gollub of the findings at a recent futurist conference in Germany. This’s  – they predict – is how the world will operate in 10 to 20 years time.

For those of us who are about to amble into the sunset on our Zimmer frames, this is simply interesting. We inhabited a world where people used cosy concepts like pension, nest egg, job security, promotion in the work place and other reassuring socio economic terms.

For those who are in mid career or are only entering the world of (non) work now, this makes for scary/exciting reading – depending on how ready you are to change in mid air  — if it is at all possible.

And for the generation still in their nappies … well, it is a matter of how parents prepare them for an unimaginable world when they enter the world of ‘work’ in 20 years time.

GERT CLAASSEN
Hermanus
Into the future
By Udo Gollub at Messe Berlin, Germany

I just went to the Singularity University summit. Here are the key points I gathered.

Rise and Fall. In 1998, Kodak had 170,000 employees and sold 85% of all photo paper worldwide. Within just a few years, their business model disappeared and they were bankrupt. What happened to Kodak will happen in a lot of industries in the next 10 years – and most people don’t see it coming. Did you think in 1998 that 3 years later you would never take pictures on paper film again?

Yet digital cameras were invented in 1975. The first ones only had 10,000 pixels, but followed Moore’s law. So as with all exponential technologies, it was a disappointment for a long time, before it became superior and mainstream in only a few short years. This will now happen with Artificial Intelligence, health, self-driving and electric cars, education, 3D printing, agriculture and jobs.
Welcome to the 4th Industrial Revolution.  Welcome to the Exponential Age. Software and operating platforms will disrupt most traditional industries in the next 5-10 years.

Uber is just a software tool. They don’t own any cars, but they are now the biggest taxi company in the world. Airbnb is the biggest hotel company in the world, although they don’t own any properties.

Artificial Intelligence: Computers become exponentially better in understanding the world. This year, a computer beat the best Go player in the world, 10 years earlier than expected. In the US, young lawyers already don’t get jobs. Because of IBM Watson, you can get legal advice, (so far for more or less basic stuff), within seconds. With 90% accuracy, compared with 70% accuracy when done by humans. So if you are studying law, stop immediately. There will be 90% fewer generalist lawyers in the future; only specialists will be needed. ‘Watson’ already helps nurses diagnose cancer, four times more accurately than doctors. Facebook now has pattern recognition software that can recognize faces better than humans. By 2030, computers will have become ‘more intelligent’ than humans.

Cars: In 2018 the first self driving cars will be offered to the public. Around 2020, the complete industry will start to be disrupted. You don’t want to own a car anymore. You will call a car on your phone; it will show up at your location and drive you to your destination. You will not need to park it, you only pay for the driven distance and you can be productive whilst driving. Our kids will never get a driver’s licence and will never own a car. It will change the cities, because we will need 90-95% fewer cars for our future needs. We can transform former parking spaces into parks. At present,1.2 million people die each year in car accidents worldwide. We now have one accident every 100,000 kms. With autonomous driving, that will drop to one accident in 10 million km. That will save a million lives each year.

Electric cars will become mainstream around and after 2020. Cities will be cleaner and much less noisy because all cars will run on electricity, which will become much cheaper.

Most traditional car companies may become bankrupt by tacking the evolutionary approach and just building better cars; while tech companies (Tesla, Apple, Google) will take the revolutionary approach and build a computer on wheels. I spoke to a lot of engineers from Volkswagen and Audi. They are terrified of Tesla.

Insurance companies will have massive trouble, because without accidents, the insurance will become 100 times cheaper. Their car insurance business model will disappear.

Real estate values based on proximities to work-places, schools, etc. will change, because if you can work effectively from anywhere or be productive while you commute, people will move out of cities to live in a more rural surroundings.

Solar energy production has been on an exponential curve for 30 years, but only now is having a big impact. Last year, more solar energy was installed worldwide than fossil. The price for solar will drop so much that almost all coal mining companies will be out of business by 2025.

Water for all: With cheap electricity comes cheap and abundant water. Desalination now only needs 2kWh per cubic meter. We don’t have scarce water in most places; we only have scarce drinking water. Imagine what will be possible if everyone can have as much clean water as they want, for virtually no cost.

Health: The Tricorder X price will be announced this year – a medical device (called the “Tricorder” from Star Trek) that works with your phone, which takes your retina scan, your blood sample and your breath. It then analyses 54 biomarkers that will identify nearly any diseases. It will be cheap, so in a few years, everyone on this planet will have access to world class, low cost, medicine.
3D printing: The price of the cheapest 3D printer came down from 18,000$ to 400$ within 10 years. In the same time, it became 100 times faster. All major shoe companies started printing 3D shoes. Spare airplane parts are already 3D-printed in remote airports. The space station now has a printer that eliminates the need for the large amount of spare parts they used to need in the past.
At the end of this year, new smart phones will have 3D scanning possibilities. You can then 3D scan your feet and print your perfect shoe at home. In China, they have already 3D-printed a complete 6-storey office building. By 2027, 10% of everything that’s being produced will be 3D-printed.

Business opportunities: If you think of a niche you want to enter, ask yourself: “in the future, do you think we will have that?” And if the answer is yes, then work on how you can make that happen sooner. If it doesn’t work via your phone, forget the idea. And any idea that was designed for success in the 20th century is probably doomed to fail in the 21st century.

Work: 70-80% of jobs will disappear in the next 20 years. There will be a lot of new jobs, but it is not clear that there will be enough new jobs in such a short time.

Agriculture: There will be a 100$ agricultural robot in the future. Farmers in 3rd world countries can then become managers of their fields instead of working in them all day. Aeroponics will need much less water. The first veal produced in a petri dish is now available. It will be cheaper than cow-produced veal in 2018. Right now, 30% of all agricultural surfaces are used for rearing cattle. Imagine if we don’t need that space anymore. There are several start-ups which will bring insect protein to the market shortly. It contains more protein than meat. It will be labelled as “alternative protein source” (because most people still reject the idea of eating insects).

Apps: There is already an app called “moodies” which can tell the mood you are in. By 2020 there will be apps that can tell by your facial expressions if you are lying. Imagine a political debate where we know whether the participants are telling the truth and when not!

Currencies: Many currencies will be abandoned. Bitcoin will become mainstream this year and might even become the future default reserve currency.

Longevity: Right now, the average life span increases by 3 months per year. Four years ago, the life span was 79 years, now it is 80 years. The increase itself is increasing and by 2036, there will be more than a one-year increase per year. So we all might live for a long, long time, probably way beyond 100.

Education: The cheapest smartphones already sell at 10$ in Africa and Asia. By 2020, 70% of all humans will own a smartphone. That means everyone will have much the same access to world class education. Every child can use Khan Academy for everything he needs to learn at schools in First World countries. Further afield, the software has been launched in Indonesia and will be released in Arabic, Swahili and Chinese this summer. The English app will be offered free, so that children in Africa can become fluent in English within half-a-year.

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Interesting times, indeed!

You all have a very good weekend!

Pitchforks or Pens.

The extreme importance of engaging in the fight for better societies.

I must warn you that today’s post is nothing about dogs. Unless, as with me, you see dogs as well as being the most gorgeous of creatures as being critically important metaphors for what societies need now! Or as I present elsewhere in this place:

Because of this closeness between dogs and man, we (as in man!) have the ability to observe the way they live.  Now I’m sure that scientists would cringe with the idea that the way that a dog lives his life sets an example for us humans, well cringe in the scientific sense.  But man seems to be at one of those defining stages in mankind’s evolution where the forces bearing down on the species homo sapiens have the potential to cause very great harm.  If the example of dogs can provide a beacon of hope, an incentive to change at a deep cultural level, then the quicker we ‘get the message’, the better it will be.

Dogs:

  • are integrous ( a score of 210) according to Dr David Hawkins
  • don’t cheat or lie
  • don’t have hidden agendas
  • are loyal and faithful
  • forgive
  • love unconditionally
  • value and cherish the ‘present’ in a way that humans can only dream of achieving
  • are, by eons of time, a more successful species than man.

richard-murphySo what’s this all leading up to!

Regular followers of this place (and you are always appreciated – never forget that) will know that previously I have mentioned Professor Richard Murphy. I have been following and reading his blog Tax Research UK for some time.

Many of the good Professor’s posts are specific to what is going on in the UK and, inevitably, Europe and the EU referendum.

But on the wider horizon these seem to be such terrible times. Here’s a comment I left to another of Richard’s posts that opened with the sentence, I am so bored by the EU referendum campaign.

My comment being:

It’s coming up to 5:30 am here in Southern Oregon and, as per usual, I have dipped into the latest postings from Tax Research. Part of me, a large part of me, is sickened by what seems to be going on in this world with the EU referendum and the US Presidential election being the two most glaringly terrible examples. But this old Brit (London-born in 1944) has this sense that the way that Richard and so many of his supporters can now ‘shout’ out the truth will, in the end, deliver a better future. Indeed, my own blog post today is called The Power of Open Opinions.

So keep on banging your truthful drum, Richard!

However, last Tuesday Richard published a post that seemed to speak to me, and presumably countless others, about the dilemma as to whether to be active in speaking up about what is right or wrong, or to just huddle up with one of your dogs on a nice (oversized) dog bed!

In my estimation that post from Richard should be widely circulated and it is republished in full now with Richard’s kind permission.

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To engage or not; that is the question

Posted on7:57 am May 31 2016

It would seem I have touched a raw nerve for some regular commentators by suggesting that I welcome the IMF article, recently published, that appeared to recognise the failure of neoliberalism to tackle inequality and the inappropriateness of much of the austerity agenda.

It now seems that this article has attracted a vicious backlash from the FT, which clearly sees it as touching on neoliberal heresy. In that case to suggest, as some do, that this article is inconsequential is, in my opinion, wrong.  If nothing else, it has revealed the true opinion of the FT, and the sharp divide between its editorial stance and the opinion of its lead economic  columnist, Martin Wolf.

It is also safe to assume that if this has been the response outside the organisation then the debate within it has been at least as heated,  and all this on an article which says it can find merit in some parts of the neoliberal agenda.

Why come back to the issue then?  I think there are three good reasons for doing so.

First, how to respond to such an article from such an organisation opens up one of the more difficult questions in campaigning, which is whether to engage or not with those organisations that you criticise?  It is not possible to be a tax justice campaigner and to not have been critical of the IMF and its approach over the last few decades.  I have been of the IMF, the World Bank and, of course, of the Washington Consensus  that they have promoted.  But, a long time ago I decided that the only viable way  in which I could help deliver tax justice was by engaging with those people and organisations whose opinions I wished to change.

Over the years I’ve been criticised for this, and  been told that the policy would undermine my chances of success.  So, variously,  I was told that it was a mistake to serve on George Osborne’s General Anti-Abuse Rule  committee.  Likewise, engaging with the  OECD BEPS  process was described as a mistake by some because the terms of engagement were clearly biased against developing countries.  Others have also suggested that it was a mistake not to object to Jeremy Corbyn  using some of my policy ideas.   I suspect some would also criticise the fact that I went to the World Bank last week  and there were definitely those who suggested that I should not accept an appointment at City University, precisely because it has got links to the City of London. As for the Fair Tax Mark; some say that is a sell out.

In all cases I disagree.  It is my job to  create ideas  that might effect change.  My purpose for doing so is, I hope clear:  my aim is to create a more  genuinely prosperous, more equal, more democratic, more accountable, more sustainable,  more tolerant  and so more enjoyable world in which we might live.  More is an important word in that sentence:  it could be prefaced with ‘much’  in many cases but I do not think we will ever create  utopia.  I want better because I doubt that the best I believe possible is actually achievable within the necessary compromises that human society requires, not just now but ever.

That, then, brings me to my second point.  I am not seeking a revolution, but an evolution.  I respect those who wish to be perpetual outsiders because they believe that the only way forward is to sweep away all that is in their path to create an entirely new society, but their’s is not a path I would ever choose.  There is good reason for that: I believe that the cost of such change is too high, and the uncertainty of the outcome too great for any such risk to be taken.  The chance  that what we have will be replaced by tyranny is also too significant to justify this approach, in my opinion.

But, perhaps, most of all,  and thirdly, I believe that the power of an idea at the right time is sufficiently strong to ensure that such a revolutionary approach is wholly unnecessary.  I stress, I am not claiming that my ideas are in this category;  I am suggesting that ideas can be.  Neoliberalism arose because it was an idea in the right place at the right time, even if I fundamentally disagree with the prescription that it offered.  The post-war consensus was similarly created in this way.

I regret that as yet we have not reached a point where a similar replacement idea has been sufficiently developed to capture, unambiguously, the common political narrative.  Discussion of sustainability is become mainstream, but not in reality commonplace.  Disquiet with austerity is deep-rooted, but has not yet displaced the obsession with balanced budgets.  Debate on inequality  in its many egregious forms is taking place, but is not yet reversing trends. Some  political developments  now arising are deeply  antagonistic to democracy. But, and I stress the point,  the fact that all these things are happening is, in itself, indication that something really important is going on and that we may, in my opinion, be reaching a point where real change is possible.

I stress, in the context the IMF article is, in my opinion  important even though it is not  as radical as that  which many people would wish to read.  But that is how change takes place: very few of us are really capable of embracing giant leaps. Most of us have to, inevitably, partake in incremental steps on the way to a bigger goal.

I accept, and embrace that fact,  which I perceive to be a reality.  That is not to say there is no place for the campaigner who demands, with reason, more radical change.  Whilst I see many of the attractions of being a ‘no compromiser’  that is not the path I have chosen to follow, even with tax havens (as my Plan B for Jersey made clear).  If the choice is between a pitchfork and a pen, then I choose the pen,  believing that at the end of the day this is the way to  create real change. But as a result I also choose to engage, without apology.

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We must never forget that the pen is mightier than the sword! And we must never stop engaging!

Foreign lands.

These seem like times where very little makes sense.

Blogger Patrice Ayme posted an item on Wednesday under the title of Doomed Dems. It was, inevitably, a commentary on the recent news regarding Donald Trump. Here’s how Patrice’s post opens:

So Donald Trump will be the Republican committee ( 😉 ) for the presidency. And Trump will, probably, be elected US president. Why? Because people want change, and they did not get it. Instead they got more of the drift down, after the reign of the teleprompter reading president. Average family income is DOWN $4,000 since (“Bill”) Clinton’s last year as president. According to a FOX News poll, 64% of Americans blame Wall Street. Meanwhile in a vast report in the New York Times, Obama celebrates, in May 2016, the alliance he said he made with Wall Street in 2008.

Later on in that same post, Patrice goes on to write about the horrific fire in Alberta, Canada, and the damage to trees in Yosemite National Park in California. At first sight those two events would appear disconnected. But not according to Patrice:

Meanwhile a friend of mine went to Yosemite ten days ago. She told me she could not believe the devastation of the forest. Most of it is fiery red. It is devastated by the Pine Bark Beetle. To kill the Beetle, one needs twenty days well below freezing. However, this hard freeze is now a memory. So the Beetle invades, and kills forest. Treating tree by tree is hopelessly expensive, and futile. Yes, the forests will burn soon, adding to CO2 in the atmosphere. And it is all the way like that to Alaska.

Fort McMurray, Alberta may not have seen the worst of a devastating wildfire.

Massive walls of flames prompted authorities to order the evacuation of all the city’s more than 80,000 residents last night. The blaze has been caused by un-naturally high temperatures. Such giant fires are our immediate future. Nobody said the Greenhouse crisis was going to be nice. More evacuations coming.

Anything to do with dogs? Well, yes!

For this coming Saturday I am giving a talk about my book, Learning from Dogs, to our local Rogue Valley Humanist and Freethinkers (both Jean and I are members) and it struck me that what Patrice wrote about and what we see all around us are part of the same big picture. That we need to be reminded of a few fundamentals. As I will be saying in my talk:

Dogs are creatures of integrity! Wow! Now you might see where this is leading to!

But more than that, much more than that, they offer us humans a model for a range of behavioural qualities that we ignore at our peril:

I then list the qualities that we see in our dogs, and continue:

Hold those values close to you for just a few moments. Imagine what would flow out across the world if those were the characteristics, the behavioural values, of us humans!

Finally, towards the end of that talk on Saturday I will be saying:

Nature will always have the last word regarding her natural world, to which we humans are so intricately linked. Standing alongside and respecting nature as the future comes to us will be so much wiser than pushing back against nature, and ultimately failing, trying to “convert” nature to some form of materialistic human resource. Because that route will only return those of us who survive to a life of hunting and gathering. Which, so many thousands of years previously, is where early dogs started humankind on the long journey leading to now.
Dogs have been the making of humans and a viable future for humankind on this beautiful planet depends on us never forgetting this oldest relationship of all, the one between dog and human.

Because if we, as a global society, don’t understand that when it comes to power all the plutocrats and all of their money come to naught in contrast to the power of nature then these present lands are going to become very strange indeed!

And nature is rapidly encroaching on these lands that we are now traversing.

Mature, healthy trees.

Continuing the metaphor that our trees offer us.

In yesterday’s post I offered up the idea that:

The analogy with planting trees is very apt. For any clown can plant the tree but parenting that young tree into a mature forty-foot high beauty takes professional management.

That post had been inspired by a recent essay over at Patrice Ayme’s Thoughts regarding the observation by Andy Grove, the founder of Intel, that promoting start-ups without the commensurate focus on growing those start-ups into viable commercial concerns was strategically and politically incorrect. Back to that essay for a further extract:

However, American-based manufacturing is not on the agenda of Silicon Valley or the political agenda of the United States. Venture capitalists actually told me it was obsolete (before stepping in their private jets). That omission, according to Mr. Grove, is a result of another “unquestioned truism”: “that the free market is the best of all economic systems — the freer the better.” To Mr. Grove, or Mr. Trump, or yours truly, that belief is flawed.

Andy Grove: “Scaling used to work well in Silicon Valley. Entrepreneurs came up with an invention. Investors gave them money to build their business. If the founders and their investors were lucky, the company grew and had an initial public offering, which brought in money that financed further growth.” 

The triumph of free-market principles over planned economies in the 20th century, Mr. Grove said, did not make those principles infallible or immutable. There was room for improvement, he argued, for what he called “job-centric” economics and politics. In a job-centric system, job creation would be the nation’s No. 1 objective, with the government setting priorities and arraying the forces necessary to achieve the goal, and with businesses operating not only in their immediate profit interest but also in the interests of “employees, and employees yet to be hired.”

As even the New York Times now admits, the situation has degenerated since 2010. Although the employment rate halved, in a slave state, everybody is employed. But neither the economy, nor the society, let alone progress and civilization are doing better.

“Insecure, low-paying, part-time and dead-end jobs are prevalent. On the campaign trail, large groups of Americans are motivated and manipulated on the basis of real and perceived social and economic inequities.

Conditions have worsened in other ways. In 2010, one of the arguments against Mr. Grove’s critique was that exporting jobs did not matter as long as much of the corporate profits stayed in the United States. But just as American companies have bolstered their profits by exporting jobs, many now do so by shifting profits overseas through tax-avoidance maneuvers.

The result is a high-profit, low-prosperity nation. “All of us in business,” Mr. Grove wrote, “have a responsibility to maintain the industrial base on which we depend and the society whose adaptability — and stability — we may have taken for granted.” Silicon Valley and much of corporate America have yet to live up to that principle.”

If we return to that analogy of the tree, think how long and how much attention must be put into the conditions that will promote not only sustained growth of that young tree but growth to the point where it can propogate its own saplings.

As it is for young companies. The skills that company managers require to nurture that company to the point of self-sustaining maturity are many and varied. But they are underpinned by the need to be truthful and trustworthy, to be devoted to the employees of the company and to instill in all who work, and finance, that company to “love the customer”. Not just those customers that are the big spenders but also, and especially so, the many, many smaller clients that can make or break a company’s reputation.

So with that in mind let’s take a peek at USA LLC and UK Ltd.

Here are the closing paragraphs from Patrice’s essay:

Our corruption is not just an economic and social problem, a political problem, and a civilizational problem, as it was under Aristotle.  It is a problem for the entire planet.

“We empowered a demagogue“, laments Mr. Kristof. His true calling, and that of the Main Stream Media, was to empower plutocrats, and their obsequious servants. How sad they are.

Patrice Ayme’

Then there is Richard Murphy in the UK who writes the blog Tax Research UK. In a recent post, entitled The Party Political Problem he opened, thus:

I like being outside the fray of party politics. I wasn’t born with a sufficient capacity for compromise to believe that any political party has all the answers to all questions. And yet, equally, I can admire those who can make the sacrifice to take part in this process. It is, for better or worse, at the heart of democratic politics.

That demands that it be done well. This requirement is predicated on three things. The first is a willingness to pretend you have the answer to all things. The second is a leadership that knows this is not true and which as a result respects its opponents. The third is an acute appreciation of the fact that compromise in pursuit of a higher goal, whilst saving face, is the ultimate political aim: nothing really happens without the accommodation of others.

He then closes his post:

Passion, dogma and steadfastness, come what may, are not what makes party politics.

Conviction based on wisdom, understanding and compassion does.

But these qualities remain in far too short supply, even if they’re not quite out of stock, yet.

And that’s the party political problem.

Many people both ‘sides of the pond’ would nod heads in agreement with that.

My final peek is into an essay that was recently published by the quarterly journal The Baffler. The essay was from David Graeber under the heading of Despair Fatigue. Opening:

Is it possible to become bored with hopelessness?

There is reason to believe something like that is beginning to happen in Great Britain. Call it despair fatigue.

For nearly half a century, British culture, particularly on the left, has made an art out of despair. This is the land where “No Future for You” became the motto of a generation, and then another generation, and then another. From the crumbling of its empire, to the crumbling of its industrial cities, to the current crumbling of its welfare state, the country seemed to be exploring every possible permutation of despair: despair as rage, despair as resignation, despair as humor, despair as pride or secret pleasure. It’s almost as if it’s finally run out.

and closing, thus:

Twenty-first century problems are likely to be entirely different: How, in a world of potentially skyrocketing productivity and decreasing demand for labor, will it be possible to maintain equitable distribution without at the same time destroying the earth? Might the United Kingdom become a pioneer for such a new economic dispensation? The new Labour leadership is making the initial moves: calling for new economic models (“socialism with an iPad”) and seeking potential allies in high-tech industry. If we really are moving toward a future of decentralized, small, high-tech, robotized production, it’s quite possible that the United Kingdom’s peculiar traditions of small-scale enterprise and amateur science—which never made it particularly amenable to the giant bureaucratized conglomerates that did so well in the United States and Germany, in either their capitalist or socialist manifestations—might prove unusually apt. It’s all a colossal gamble. But then, that’s what historical change is like.

In other words, it’s this!

One of the age-old maxims from professional company managers is:

It’s always a case of putting people before profits!

Putting people before profits should be in the front of the minds of all our leaders and masters; both sides of the ‘pond’.

Or in tree language investing in this:

Clown work! (This is a Red Maple, by the way!)
An American Red Maple sapling.

to achieve this:

A mature American Red Maple tree.
A mature American Red Maple tree.

Come on good people, we really do need healthy, mature trees in our 21st C. societies.

Where to for democracy?

Good people must resist what is going on!

My sub-heading was prompted by that very well-known saying, “All that evil requires to succeed is for good people to do nothing.”

That saying came to me when I was reading a recent essay published by Professor Richard Murphy over in the UK. I am referring to his article entitled: Nature reckons science is watching as democracy rides over a cliff.

Here’s the extent of Richard’s short post:

This comes from Colin Macilwain in the latest edition of the massively influential journal ‘Nature’, and I quote in the public interest and as it reinforces the arguments I have made today:

But at the top [of science] there is paralysis: leading scientific organizations do little except chase money and reinforce the ruling nexus of politics and finance — even since the financial crisis of 2008, which discredited the free-market philosophy that underpins that nexus. I argued years ago (see Nature479, 447; 2011) that scientific leaders had failed to respond in any meaningful way to that collapse, and I’m still waiting.

The political structure of the West is in deep trouble, and should it fall apart, there will be plenty of blame to go around. Most will go to political and financial elites, or to rowdy mobs. But some will belong to people in the middle who have taken public funds, defended elites and then stood back and watched as democracy got ridden over a cliff.

I think that fair comment and recommend the rest.

If one now goes across to that post from Colin here’s what one would read in the opening paragraphs:

The elephant in the room we can’t ignore

16 March 2016

The annual meeting of the American Association for the Advancement of Science (AAAS) in Washington DC last month was one of the best I’ve witnessed in more than 20 years of regular attendance. The policy sessions were packed and genuinely stimulating. I met tons of smart, influential people I hadn’t seen for ages, and we all enjoyed a good chinwag about how better to engage with the public — the meeting’s theme for 2016.

The only trouble was what was going on outside the hotel — in the United States and the world at large.

Colin then makes the point that is neatly articulated in the extract that was published by Professor Murphy and is republished above.

I don’t have any answers other than wanting to share this with you, dear reader. For decent, ordinary folk must be aware of the multiple threats to our Western democracy that are taking place.

Just as I want to share with you an example of what a good honest person and his adorable Labrador get up to. An example from my old country (and Richard Murphy’s home country).

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Dog Refuses to Leave the Side of Near-Death Man Trapped in Mud

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When one false step left Martin Kay literally drowning in ice-cold mud in the English countryside, he quickly found out who his two best friends are. Turns out one of them is a dog.

Holly Blue is a typical Labrador who has never met a tree trunk or a blade of grass that doesn’t smell good. So when Martin took out her leash one recent afternoon, his dog was over-the-moon with expectation of the crisp afternoon air and a landscape of wintery fields. Neither of them had any inkling that this simple walk would soon turn catastrophic.

This day, the two set out along a different route through England’s historic Thornham Parva village. Though it was a very cold day, the skies were clear and there was no reason for concern, or so it seemed.

“I hadn’t walked that route for about two years,” Martin said. “When I came across the mud, I tested the ground at the side and it felt firm, but as I walked into the middle the ground began to sink. I called for help but nobody heard me.”

Minutes turned into hours and Martin simply couldn’t extricate himself from the mud. Holly Blue circled anxiously, but there was nothing the dog could do except to stand guard beside her friend. She never left his side.

“I eventually drifted off,” Martin said. “I wasn’t optimistic about being found, but I wasn’t panicking – it was too cold for that!”

Fortunately, Martin’s good friend was scheduled to pick him up that day and when Martin didn’t return home, his friend grew concerned enough to call the police. Martin was reported missing to the police at 7:30 in the evening. Other friends and neighbors had already begun searching for Martin themselves, but they were all focused on his usual route, not realizing that he’d gone in a different direction.

Police used a thermal imaging camera during helicopter sweeps from above. After some time they came across a heat signature that appeared to be the warm body of dog curled up at the edge of the bog. According to police, indeed Holly Blue was found first, and sighting her led them to Martin. Watch a portion of the rescue below.

Police Constables Luke Allard and Clare Wayman were the first on the ground.

“The field was in the middle of nowhere and we were relying on the light from the helicopter and torch light,” Allard said. “When I got to Mr Kay I took hold of his hand and he wouldn’t let go – I told him he would have to let go or I wouldn’t be able to help him.”

Unfortunately Allard and Wayman began getting stuck themselves while trying to extricate Martin, so they covered him with their own jackets to keep him warm while waiting for reinforcements.

Martin was in and out of consciousness as he was taken to West Suffolk Hospital. When he awoke, he was told how Holly Blue had helped save his life.

“It was the first and the last time she had been called into action,” Martin said in an interview with Global News. “She’s a very loyal dog.”

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Now compare the behaviourial values of Martin Kay, Holly Blue and everyone else who ensured this had a happy ending with those being demonstrated in the first part of this post!

It’s no sinecure to say, once again, how urgent it is for humankind to learn from our fabulous dogs!