Op-Ed: True Democracy is actually ‘The’ Delivery System of Human Rights

Dear Capitalism its not you - large

Democracy was born at the local level, and that is where we can win it back. (Barcelone en Comú)

Human rights violations are not an unfortunate stain on an otherwise clean democracy. It is terribly normal

Human rights: Food for a thought to be delivered – Human Rights Reader 455

1. Democracy does not mean that the majority is right, but instead it means that it gives the majority the right to govern. (Umberto Eco) This is why elections are eventually important episodes. But democracy additionally requires that, in the exercise of its mandate, the government can be controlled (i):

The power of the state cannot be at the whim of the governors even if duly elected. (Arturo Illia) Why? Because in our fiduciary democracies elections are equivalent to the selling and buying that goes on in supermarkets in which candidates offer all kinds of products to their clients in exchange for them buying their promises and showing up at poling day.(ii) (Rafael Gumucio) This is also why, furthermore, we ought to fear as much those from outside who want to ‘buy us’, as fear those from inside who want to ‘sell us’. (A. Illia )

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A World-Wide Birdwatchers Guide To Dangerous Political Predators

woman-camera-focusing-bird-watchers-guide-smaller
A mid year reflection on dangerous world-wide political predators on the prowl and a real menace to democracy, equity and the planet.

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Joseph Stiglitz: America has been afflicted by an ideology that doesn’t work

Exclusive: America has been afflicted by an ideology that doesn’t work, says Joseph Stiglitz

Excerpts from article by Ajith Vijay Kumar, April 28, 2018 | http://www.timesnownews.com/  https://bit.ly/2HWc1EQ

Nobel laureate Joseph Stiglitz, in an exclusive interview with timesnownews.com, talks about what is wrong with current American capitalism, rise of a new kind of politics emerging from dissent towards government and more. Here are some excerpts from the interview:

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Econ Majors Graduate With a Huge Knowledge Gap

What’s needed is a mandatory course on ethics and the limits of knowledge.

 

Economics remains one of the most popular majors for college students. Most econ students, of course, don’t go on to become professional economists; instead, they fill the ranks of the U.S.’s vast upper-middle-class of business managers and professionals. The models they learn in their college classes inform the way they think about the world, even if they don’t end up using them for quantitative purposes after final exams are over.

But there’s at least one gaping hole in the education most econ majors receive. They learn plenty of models, but they aren’t often taught to think critically about what they learn. At best, they absorb a few ideas from offhand comments by their professors, or from the tone of their textbooks. As a result, many of them leave class with deep reservations over whether economics theories represent real science, or whether economists approach the world in a moral, socially responsible manner.

This problem can be addressed by making all U.S. econ majors take a philosophy-of-economics course, like the one offered at the London School of Economics. There would be two main parts of the course — epistemology and ethics.

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REPUBLICAN TAX POLICY: A cruel scheme to cut social security while gorging the military-industrial complex.

Trump Tax reform congress all males

The all-white, all male finance committees of both Houses of Congress got behind this bill.

With straight faces, the salesmen for the Trump tax cut have promised a miracle: increased corporate profits, a surge of investment in CAPX, more and better jobs with higher pay, all to be paid for by accelerated economic growth. In fact, the all-white, all male finance committees of both Houses of Congress, with Treasury Secretary Mnuchin and Chief Economic Advisor Hassett say that the US will grow at 3% p.a. or more for the next ten years – no recessions – and that the tax cuts will actually generate a profit for the government of $300 billion in that time. Sadly (and no irony intended) this combination of goodies is a pipe dream. In the next few paragraphs I will explain why, and why Trump and the Republicans are selling snake oil to the suckers. What is surprising is how many financial professionals are buying it.

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The Cause of Global Inequality: Comparing Jared Diamond and Henry George

 

 

Can inequality within and between societies be explained in terms of merit and intelligence, or are the most important determinants of inequality beyond individual control? Both economist Henry George and geographer Jared Diamond essentially asked this same question, examining the fundamental forces that have shaped human history. They come to startlingly similar conclusions. These similarities have not, until now, been connected and compared so directly.

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From the archives: Henry George and the Reconstruction of Capitalism

It’s the weekend, the world economy  is seriously wounded and running out of control. Hmm. Maybe it is time to sit back and consider all the issues and  alternatives. So relax, take off your shoes, get comfortable and sit down to read this challenging 1992 essay by Robert V. Andelson. 
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“It would require less than the fingers of the two hands to enumerate those who, from Plato down, rank with Henry George among the world’s social philosophers…[He is] certainly the greatest that this country has produced. No man … has the right to regard himself as an educated man in social thought unless he has some first hand acquaintance with the theoretical contribution of this great American thinker.” ~John Dewey

With the fall of the Iron Curtain, people all over the world seem to be searching for a “Middle Way.” Except in North Korea and Cuba, doctrinaire Marxism has been repudiated virtually everywhere, even by the Left. Socialism has become passé. Its adherents are no longer riding the crest of the wave of the future. Even the most energetic apostles of federal meddling, John Kenneth Galbraith, for example, eschew the Socialist label.

Yet, on the other hand, the free market economists of the classical period would scarcely recognize Capitalism as we know it in America today. Such luminaries of industry and finance as Lee Iacocca and Felix Rohatyn advocate a measure of government intervention that would have seemed entirely insupportable to Cobden or Ricardo. In the political field, the major candidates differ mainly on matters of degree. It is not so much a question of “Shall there be federal aid?” as of “How much federal aid shall there be?” or of “How shall it be administered?”. As long ago as the late 1940s, “Mr. Conservative” himself, Senator Robert A. Taft, sponsored a bill for federal housing. Later, another Senate Republican leader, Bob Dole, was a major architect of the food stamp program, which is itself a dole, not just for the poor, but, above all, for agribusiness. A Republican president, Richard Nixon, instituted price controls, and cut the dollar loose from its last tenuous backing with the cynical quip, “We are all Keynesians now”.

But what we are presented with, from Right to Left, is not a coordinated structure embodying the best elements from both sides, not even a well-thought-out attempt at syncretism, but rather a bewildering welter of jerry-built solutions, each one based on political and emotional considerations and lacking any functional relationship to a unified system of socio-economic truth — let alone any rootage in a grand scheme of teleology or ethics.

A little Socialism here, and a little Capitalism there; a concern for the public sector here, and a concession to the profit motive there; a sop to the “underprivileged” here, and a bow to incentive there — put them all together, and what have you got? Nothing but a great big rag-bag, a haphazard pastiche of odds and ends without any bones and without any guts!

Nevertheless, there is a Middle Way. . .

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WHY THE REPUBLICAN TAX BILL SHOULD FAIL IMMEDIATELY


Robert Ayres, INSEAD
with Michael Olenick and Lu Hao

Tax cuts, wages and salaries: Will lower taxes help workers? And the economy?

For several weeks, the guest experts on CNBC and Bloomberg News have been talking about the coming tax cut legislation (for corporations) that the Republicans finally seem to have in their grasp. The Bill, as it is currently proposed, will eliminate the insurance mandate for health care and may leave quite a lot of upper middle class salaried people, worse off, especially in high tax states.

The sure winners will be the shareholders of multinational corporations and “pass through” enterprises, especially real estate partnerships. The “supply-side” cheerleaders for the plan, both in Congress and the White House (Mnuchin, Cohen, Mulvaney, et al) argue that economic growth be much faster, that it will pay for the cuts, and that wages and salaries will rise, thanks to a burst of new investment.

By contrast, virtually all top economists say that the cuts won’t pay for themselves, that the deficit and the national debt will increase, and that growth will not accelerate.

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The Troubled Economic Context of the Circular Economy

Finally, a breakthrough alternative to growth economics – the doughnut

Instead of growth at all costs, a new economic model allows us to thrive while saving the planet.

So what are we going to do about it? This is the only question worth asking. But the answers appear elusive. Faced with a multifaceted crisis – the capture of governments by billionaires and their lobbyists, extreme inequality, the rise of demagogues, above all the collapse of the living world – those to whom we look for leadership appear stunned, voiceless, clueless. Even if they had the courage to act, they have no idea what to do.

The most they tend to offer is more economic growth: the fairy dust supposed to make all the bad stuff disappear. Never mind that it drives ecological destruction; that it has failed to relieve structural unemployment or soaring inequality; that, in some recent years, almost all the increment in incomes has been harvested by the top 1%. As values, principles and moral purpose are lost, the promise of growth is all that’s left.

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Degrowth, steady state economics and the circular economy

Missing Points in the Development Dialogue

Degrowth, steady state economics and the circular economy: three distinct yet increasingly converging alternative discourses to economic growth for achieving environmental sustainability and social equity

Criticisms of the neoclassical economic framework and perpetual growth in GDP terms are not a new phenomenon, although recent years have seen increasing interest in alternative and ecological discourses including degrowth, steady state and circular economics. Although these may initially appear as distinctly different discourses, they are highly compatible and comparable, sharing similar, often nearly identical principles and policy proposals. A more collaborative, joined-up approach aimed at integrating alternative discourses is required in order to build a coherent, credible, well-supported alternative, as there is more uniting than dividing these critical voices, particularly in the face of mainstream political and economic debates that are shaped by neoclassical economics.

Keywords: 

Circular Economy: Symposium, Master Class and Peer Review

Circular Economy: The Future of Business

Symposium  of 23 June 2017 – https://goo.gl/af5oEU
École des Ponts Business School

Closing commentary, Eric Britton.
Professor. Sustainable Development, Economy and Democracy.
Institut Supérieur de Gestion, Paris
eric.britton@ecoplan.org | Twitter @ericbritton | Skype newmobility

INTRODUCTION: I was invited by the Dean and faculty of the Ecole des Ponts Business School to participate in a full day Symposium on the Circular Economy at their campus on 23 June 2017,. The objective of the event was to introduce  and invite peer comments on  a new program of  graduate seminars and faculty research exploring the boundaries and potential of this relatively new, environmentally sensitive planning and process technique, which takes as its starting point to scrutinize and reorganize productive units to eradicate waste  systematically, throughout the life cycles and uses of products and their components. I was invited to provide a brief  closing summary of what I had observed and heard over the day, with a certain number of recommendations if that should prove useful. My closing remarks are summarized below.  For background on the program click to  https://lineupr.com/ecole-des-ponts-business-school/circular-economy.

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(BC) A World Wide Birdwatchers Guide To Dangerous Political Predators

woman-camera-focusing-bird-watchers-guide-smaller
A late year reflection on dangerous world wide political predators on the prowl and a real menace to democracy, equity and the planet.

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