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.
Walter Stahel, architect and industrial analyst, argues that the circular economy should be considered a framework: as a generic notion, the circular economy draws on several more specific approaches that gravitate around a set of basic principles.
Jason Hickel is an anthropologist at the London School of Economics and author of The Divide: A Brief Guide to Global Inequality and its Solutions.
We’re all focused on the drama and entertainment of Trump’s takeover of the world’s centre of military, security and economic power. For some it’s exciting and entertaining, for others terrifying and apocalyptic. I too have been glued to the news – at various times having each of those responses! But now I’ve come back to earth, recognising it all for what it is. Important, but a sideshow to a much bigger and more important game. And on reflection, I’m glad he got elected.
How can a Trump Presidency be positive? Surely this is a major setback – to action on climate change, to addressing inequality, to human rights and global security. Doesn’t it make the world a scarier and less stable place? In isolation, all true, but in context, not so much. The context is the key.
– By Paul Gilding, http://www.paulgilding.com/
If I had the job of preparing a model constitution today, I would start with . . .
This is one of those special times for Malaysia when change and ideas are most welcome. So there is hope and opportunity. And it is one of those special times when change, even paradigm shifts are possible, and local governments given a new and more central place in the lives of our citizens. If we can together constructively, creatively and systematically build and add to the many promising initiatives , and if civic engagement leads an upsurge of citizen interest, we will surely see the emergence of an efficient, effective, equitable, democratic local government system in Malaysia that is socially, ecologically and economically sustainable. And make a marked improvement in the quality of life of all Malaysians.
* Anwar Fazal, Penang. In Malaysiakini, 12 April 2001