As previously argued, the system of capitalism has captured (or is it co-opted) the democratic system of governance. If capitalism was inherently aligned with democratic principles then this may not be such a bad thing. However capitalism is not only antithetical to democratic governance, the former rests on ‘it being all for me’ and the latter ‘We the people’ but it is destructive to life it self as evidenced by global warming its most far-reaching effect. Unavoidably there will be hell to pay but not by everyone, at least in the short term.
However, Adam Smith, the father of capitalism, said in The Wealth of Nations, “in order to bring up a family the labour of the husband and wife together must even in the lowest species of common labour, be able to earn something more than what is precisely necessary for their own maintenance” and correspondingly spoke against the rentier class whose income he cast as unearned. According to Michael Hudson (author of Killing the Host) the original meaning of ‘free market’ was that of being free from exploitation (particularly by the rentier class), and not as the term is applied today by corporatist to mean free of regulation to do as one desires. So is it the system or the person? Continue reading
A recent HBR article (Why companies are so bad at treating employees like people) by Herminia Ibarra speaks to the need to re-invent the workplace if there is to be human development at work. As Ibarra characterizes it, this re-invention requires “reimagining complex organizations so that they are more human and agile.” The implication seems to be that making organizations more human and agile involves solving the “thorny problem of developing people.” Continue reading
The common—and very popular—understanding of leadership among the business minded is misaligned with the very human needs of people. A recent HBR article Reflections on leadership from Gettysburg provides a case in point. Continue reading
When most people talk of leadership what they are really speaking to is the highest levels in the management hierarchy. They are talking about the legitimate authority positions in an organization. They speak of leadership as if it was a noun, a name we attribute to a person or position. Continue reading
The foundation of our economic system was formulated in the 18th century, at a time when the understanding of humankind was quite limited. Yet we continue to adhere to its precepts as if this 18th century understanding was a full and complete understanding.
The conduct of this (egoistic) capitalist system rest upon the following set of assumptions and precepts: a) the world is a material world explainable as matter-in-motion; b) humankind has no interior essence and is, like the planets above, grounded in matter and the material; c) the cause of human action is external and material; d) with no shared or common interior essence there is no inherent ‘We’ only ‘Me’ as independent individuals; e) each individual is his own property and destined to improve his lot in pursuit of selfish pleasure through material gain; f) the wealth of a nation is the linear sum of the material gain of individuals; and g) Nature’s bounty is limitless and ours’ individually to act upon, dominate and exploit to satisfy our individual pleasurable pursuits. With these assumptions and rules as the guide what could possibly be the future for people and Nature? Continue reading