The new model leaders – FT.com


I have previously referred to the danger of “micro managing macro issues” and the impact of the, morally corrupt, culture of “Irresponsible Capitalism” upon fragile structures from the Industrial era…but I don’t have the same gravitas as the Founder of the World Economic Forum, so am unsurprised when people question my conclusions! Read more of this post

Inviting meltdown: Preserving the Status Quo with Artifice and Lies Leads to Systemic Collapse


These few words refer to the “economic domain” and, in particular, the sad state of the Euro. However, what I wanted to highlight (perhaps reiterate would be a better word) is the universality of complex systems. Hence the ability for us to learn lessons in economics from biology, politics from forestry management, etc.

But these are lessons that each and every business owner or wannabe business “leader” would do well to understand and apply NOW and NEVER FORGET! This isn’t new news or new wisdom and if you don’t believe me, contemplate this, from a few centuries ago:

“…in its beginning it is easy to cure, but hard to recognise; whereas, after a time, not having been detected and treated at the first, it becomes easy to recognise but impossible to cure”

– Niccolo Machiavelli

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Revisiting The Limits to Complexity: micro managing your way to macro collapse…


…without losing office or wealth!

PLEASE do yourself a favour and read the full article and ask yourself IF there is any basis to trust in Political and Financial institutions when THEIR agenda(s) have ensured that the handling of the financial crisis has fuelled “civil protest” and, may yet, lead to widespread unrest. By recapitalising the architects of financial collapse Governments and Regulators have allowed them to, further, profit from the economic turmoil they created and for which the weakest in society will continue to pay a heavy price for many years to come.

The graphics are my own. They have embedded links, I hope they help!

"…these same banks were also allowed to securitize many of the underlying loans, sell them off to various institutional investors and market derivative instruments to those clients who wished to gain exposure to the global sub-prime mortgage bonanza. When the greatest financial ponzi scheme known to man eventually collapsed in 2007-08 and it was clear that the global economy faced an imminent depression, governments worldwide decided to "respond".What this response amounted to was an attempt to maintain economic and financial complexity by adding on layer after layer of ever-more complex structures, and suspending/manipulating any measure of reality that was in the least bit accurate.

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Big Society: If it smells like BS…it probably is!


Call me a cynic if you like but things, literally, aren’t adding up and guess who’s going to end up paying AGAIN!?

“Big Society”: Just a stinking acronym…

The link to this article is shown below and it makes for some pretty staggering reading but I would also recommend the source “Duncan’s Economic Blog” tends to be a pretty informed read:

Change in debt by 2013 under Osborne's plansHere we can clearly see the impact of Osborne’s changes over the next three years: public debt down by £43bn BUT private household debt up by £245bn – five times as much.

This shouldn’t come as a huge surprise. In today’s Financial Times one city economist notes that:

‘With real household disposable income set to fall this year through a combination of flat employment, negative real wages, tax rises and benefit payment cuts, the only way we are going to see spending grow in 2011 is if the savings ratio falls.’

Given the tax and benefit changes Osborne is presiding over, households have little choice but to borrow more to make ends meet. And that is how Osborne plans to drive down public debt: by increasing the household debt that helped cause the crisis in the first place.

 

via Far from cutting debt, Osborne’s plans will make it soar | Blog | False Economy.

Please read this article

Revisited: Ulrich Beck on Complex societies and politicians

but don’t miss out on any of these…

USA on the Edge of Chaos!?


I always thought I had a good idea what Tainter and (to some extent) Beck were alluding to when referring to “elites”, essentially, bringing the house down rather than give up what they have grown so accustomed to viewing as theirs to do with what they liked. But this piece is mind-blowing and so blatant SOMEONE needs to call a halt to it all now or the dollar won’t last until 2015 and I dread to think of the implications for US citizens….WikiLeaks exposing some truths should be the least of their worries.

Noam Chomsky has recently talked of the “profound hatred for democracy on the part of our Political leadership” and, more controversially drew comparisons with late Weimar Germany

Government Says No to Helping States and Main Street, While Continuing to Throw Trillions at the Giant Banks

If you can spare an hour (or so) please listen to what Prof Ferguson has to say. Initially I was on really interested to hear what he said about the relationship between Empires – Complexity Theory – Economics but I was unable to drag myself away. BUT do yourself a favour, skip the intro (it’s torture), click to “Watch Full Program” and, at least, spare 8mins to absorb Chapter 4. Unless you are pressed for time…or already know everything…you WILL … Read More

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