The goal of this blog is to critically reflect on the social, cultural, and political foundations of market societies. In particular, the objective is to spur discussion on how the current economic systems around the globe are constructed, what institutional and structural problems have developed, and how these problems can be fixed to create a better functioning economy and society.
Tuesday, December 21, 2010
The War You Don't See by John Pilger
A powerful and timely investigation into the media's role in war, tracing the history of 'embedded' and independent reporting from the carnage of World War One to the destruction of Hiroshima, and from the invasion of Vietnam to the current war in Afghanistan and disaster in Iraq. As weapons and propaganda become even more sophisticated, the nature of war is developing into an 'electronic battlefield' in which journalists play a key role, and civilians are the victims. But who is the real enemy?
John Pilger says in the film: "We journalists... have to be brave enough to defy those who seek our collusion in selling their latest bloody adventure in someone else's country... That means always challenging the official story, however patriotic that story may appear, however seductive and insidious it is. For propaganda relies on us in the media to aim its deceptions not at a far away country but at you at home... In this age of endless imperial war, the lives of countless men, women and children depend on the truth or their blood is on us... Those whose job it is to keep the record straight ought to be the voice of people, not power."
Sunday, December 5, 2010
Our Century's Greatest Injustice by Sheryl WuDun
Pulitzer Prize-winning reporting team, husband and wife Nicholas D. Kristof and Sheryl WuDunn, take us on a journey through Africa and Asia to meet an extraordinary array of exceptional women struggling against terrible circumstances. More girls have been killed in the last fifty years, precisely because they are girls, than men were killed in all the wars of the twentieth century combined. More girls are killed in this routine 'gendercide' in any one decade than people were slaughtered in all the genocides of the twentieth century.
In the nineteenth century, the central moral challenge was slavery. In the twentieth, it was totalitarianism. In the twenty-first, Kristof and WuDunn demonstrate, it will be the struggle for gender equality in the developing world. Fierce, moral, pragmatic, full of amazing stories of courage and inspiration, HALF THE SKY is essential reading for every global citizen.
Thursday, December 2, 2010
Insight into Western Democracy: Implications of the Secret US Embassy Cables
Wikileaks began on Sunday November 28th publishing 251,287 leaked United States embassy cables, the largest set of confidential documents ever to be released into the public domain. The documents will give people around the world an unprecedented insight into US Government foreign activities.
The cables, which date from 1966 up until the end of February this year, contain confidential communications between 274 embassies in countries throughout the world and the State Department in Washington DC. 15,652 of the cables are classified Secret.
The embassy cables will be released in stages over the next few months. The subject matter of these cables is of such importance, and the geographical spread so broad, that to do otherwise would not do this material justice.
The cables show the extent of US spying on its allies and the UN; turning a blind eye to corruption and human rights abuse in "client states"; backroom deals with supposedly neutral countries; lobbying for US corporations; and the measures US diplomats take to advance those who have access to them.
This document release reveals the contradictions between the US’s public persona and what it says behind closed doors – and shows that if citizens in a democracy want their governments to reflect their wishes, they should ask to see what’s going on behind the scenes.
Every American schoolchild is taught that George Washington – the country’s first President – could not tell a lie. If the administrations of his successors lived up to the same principle, today’s document flood would be a mere embarrassment. Instead, the US Government has been warning governments -- even the most corrupt -- around the world about the coming leaks and is bracing itself for the exposures.
The full set consists of 251,287 documents, comprising 261,276,536 words (seven times the size of "The Iraq War Logs", the world's previously largest classified information release).
The cables cover from 28th December 1966 to 28th February 2010 and originate from 274 embassies, consulates and diplomatic missions.
More Information:
The Guardian
New York Times
Saturday, November 13, 2010
Governance Gaps in the Global Supply Chain by Auret van Heerden
Labor activist Auret van Heerden talks about the next frontier of workers' rights -- globalized industries where no single national body can keep workers safe and protected. How can we keep our global supply chains honest? Van Heerden makes the business case for fair labor. At the head of the Fair Labor Association, Auret van Heerden takes a practical approach to workers' rights, persuading corporations and NGOs to protect labor in global supply chains.
Why You Should Listen to Him:
Raised in apartheid South Africa, Auret van Heerden became an activist early. As a student, he agitated for workers' rights and co-wrote a book on trade unionism; he was tortured and placed in solitary confinement, then exiled in 1987. (Later, in post-apartheid South Africa, he became labor attaché to the South African mission to the UN.) For the past decade he's been the president and CEO of the Fair Labor Association, or FLA, an initiative that brings together companies, NGOs and universities to develop and keep up international labor standards in global supply chains.
Founded in 1999, the FLA grew out of a task force convened by President Clinton to investigate and end child labor and other sweatshop practices. Difficult enough in the US, protecting labor is even more complex in the global economy, with its multiple sets of laws and layers of contractors and outsourcers. Policing the entire chain is impossible, so the FLA works instead to help all parties agree that protecting workers is the best way to do business, and agree on voluntary initiatives to get there.
Van Heerden and FLA create a safe space in which stakeholders representing different interest groups within a global supply chain can work together to resolve conflicts of rights and interests, filling in the governance gap. Van Heerden's newest initiative: the Institute for Social and Environmental Responsibility, which will conduct research and convene multi-stakeholder forums on corporate responsibility.
"The gold standard, I think, is the Fair Labor Association. It leads the way ... because its Secretariat is encouraged and even mandated to cast a critical eye on performance and to recommend practical innovations."John Ruggie, UN Special Representative on Business and Human Rights
Friday, November 12, 2010
Inside Job: A Documentary by Charles Ferguson
A brilliant new (dramatic) documentary from Academy Award® nominated filmmaker, Charles Ferguson ("No End In Sight"). Inside Job is the first film to expose the shocking truth behind the economic crisis of 2008. The global financial meltdown, at a cost of over $20 trillion, resulted in millions of people losing their homes and jobs. Through extensive research and interviews with major financial insiders, politicians and journalists, Inside Job traces the rise of a rogue industry and unveils the corrosive relationships which have corrupted politics, regulation and academia. Enjoy:)
Tuesday, November 9, 2010
Crisis of Capitalism by David Harvey
David Harvey, the British-born geographer and Professor of Anthropology, spoke at the Royal Society for the encouragement of Arts, Manufactures and Commerce (RSA) in London recently on the Crises of Capitalism. The RSA, in turn, produced this short animated feature.
Dr. Harvey, who is perhaps best known for his critique of neo-liberalism, remains one of the leading exponents of Marxist socio-economic thought. Having said this listen to his brief 11 minute lecture and see if there is anything with which you can disagree. Dr. Harvey is currently on a lecture tour for his Marxist critique of both the global financial crisis and the narratives told about it.
The principal question that he addresses is it time to look beyond capitalism towards a new social order that would allow us to live within a system that could be responsible, just and humane?
Thursday, October 28, 2010
FRONTLINE: God In America
Watch the full episode. See more FRONTLINE.
"The American story cannot be fully understood without understanding the country's religious history," says series executive producer Michael Sullivan. "By examining that history, God in America will offer viewers a fresh, revealing and challenging portrait of the country."
As God in America unfolds, it reveals the deep roots of American religious identity in the universal quest for liberty and individualism -- ideas that played out in the unlikely political union between Thomas Jefferson and defiant Baptists to oppose the established church in Virginia and that were later embraced by free-wheeling Methodists and maverick Presbyterians. Catholic and Jewish immigrants battled for religious liberty and expanded its meaning. In their quest for social reform, movements as different as civil rights and the religious right found authority and energy in their religious faith. The fight to define religious liberty fueled struggles between America's secular and religious cultures on issues from evolution to school prayer, and American individualism and the country's experiment in religious liberty were the engine that made America the most religiously diverse nation on earth.
Saturday, September 18, 2010
The Republican Corporate Power Grab
Back in January, in my State of the Union Address, I warned of the danger posed by a Supreme Court ruling called Citizens United. This decision overturned decades of law and precedent. It gave the special interests the power to spend without limit – and without public disclosure – to run ads in order to influence elections.
Now, as an election approaches, it’s not just a theory. We can see for ourselves how destructive to our democracy this can become. We see it in the flood of deceptive attack ads sponsored by special interests using front groups with misleading names. We don’t know who’s behind these ads or who’s paying for them. Even foreign-controlled corporations seeking to influence our democracy are able to spend freely in order to swing an election toward a candidate they prefer.
We’ve tried to fix this with a new law – one that would simply require that you say who you are and who’s paying for your ad. This way, voters are able to make an informed judgment about a group’s motivations. Anyone running these ads would have to stand by their claims. And foreign-controlled corporations would be restricted from spending money to influence elections, just as they were before the Supreme Court opened up this loophole.
This is common sense. In fact, this is the kind of proposal that Democrats and Republicans have agreed on for decades. Yet, the Republican leaders in Congress have so far said “no.” They’ve blocked this bill from even coming up for a vote in the Senate. It’s politics at its worst. But it’s not hard to understand why.
Over the past two years, we have fought back against the entrenched special interests – weakening their hold on the levers of power in Washington. We have taken a stand against the worst abuses of the financial industry and health insurance companies. We’ve rolled back tax breaks for companies that ship jobs overseas. And we’ve restored enforcement of common sense rules to protect clean air and clean water. We have refused to go along with business as usual.
Now, the special interests want to take Congress back, and return to the days when lobbyists wrote the laws. And a partisan minority in Congress is hoping their defense of these special interests and the status quo will be rewarded with a flood of negative ads against their opponents. It’s a power grab, pure and simple. They’re hoping they can ride this wave of unchecked influence all the way to victory.
What is clear is that Congress has a responsibility to act. But the truth is, any law will come too late to prevent the damage that has already been done this election season. That is why, any time you see an attack ad by one of these shadowy groups, you should ask yourself, who is paying for this ad? Is it the health insurance lobby? The oil industry? The credit card companies?
But more than that, you can make sure that the tens of millions of dollars spent on misleading ads do not drown out your voice. Because no matter how many ads they run – no matter how many elections they try to buy – the power to determine the fate of this country doesn’t lie in their hands. It lies in yours. It’s up to all of us to defend that most basic American principle of a government of, by, and for the people. What’s at stake is not just an election. It’s our democracy itself.
Thank you.
Remarks of President Barack Obama
Saturday, September 18, 2010
Sunday, June 27, 2010
The Crisis of Credit Visualized
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
This a simple yet powerful video about the credit crisis, which makes very complex financial techniques and innovations easy to understand. For example, the video does a nice job on the concepts of securitization, CDOs, CDFs, asset backed securities, and maps out the relationship between economic actors. Enjoy:)
The Crisis of Credit Visualized distills the economic crisis into a short and simple story by giving it form. It also argues that designers have the ability to see a complex situation, then turn around and communicate it to others. By giving graphic form to the credit crisis, it becomes comprehensible. Not only do economic activities take shape, but new relationships can emerge between these shapes.
Sunday, June 6, 2010
Worse Than War | Full-Length Documentary
This is a brilliant documentary that attempts to understand a social phenomenon that is worse than war--genocide. "By the most fundamental measure -- the number of people killed -- the perpetrators of mass murder since the beginning of the twentieth century have taken the lives of more people than have died in military conflict. So genocide is worse than war," reiterates Goldhagen. "This is a little-known fact that should be a central focus of international politics, because once you know it, the world, international politics, and what we need to do all begin to look substantially different from how they are typically conceived."
WORSE THAN WAR documents Goldhagen¹s travels, teachings, and interviews in nine countries around the world, bringing viewers on an unprecedented journey of insight and analysis. In a film that is highly cinematic and evocative throughout, he speaks with victims, perpetrators, witnesses, politicians, diplomats, historians, humanitarian aid workers, and journalists, all with the purpose of explaining and understanding the critical features of genocide and how to finally stop it. More about the film--click here.
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