And now another wrinkle: Neuro Economics. Well since the Arts develops brain pattern thinking when practiced (not just lazy listening, etc.) my artistic descendants should make out better in the new market. (smile) Ive done better down at the corner with the hucksters shell game. Cheap too. Just 1 and ½ walnuts and a bean. Nobody answering questions or is nobody reading today?
REH http://www.nytimes.com/2011/08/07/business/neurofinance-shows-how-investors- can-shun-reason.html?ref=global-home From: [email protected] [mailto:[email protected]] On Behalf Of Ray Harrell Sent: Sunday, August 07, 2011 1:06 PM To: 'RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION' Cc: Steve & Edith Kurtz; Mike Hollinshead Subject: Re: [Futurework] What happens when citizens lose faith in government? Questions? 1. Do the list members believe that the problem of the U.S. government is debt or stimulus? 2. Is the listss assumptions about the basic systems of economics more like fractals, fluids or organic systems? Would not the math for fractals and fluids be different in context? Would not the problem of math with Allopathic Medicine and the system of science in relation to pharmaceuticals make an Organic system analogy, for the marketplace, problematic with things like credit ratings for large systems, if you believe in the psychological model for the marketplace? (Is there an inherent conflict of interest in a set of referee organizations, S & P, whose sympathies lie with the private and not the public sector and whose politics continually create a situation that is not scientific but political as in their current comments that go nowhere in todays NYTimes? http://www.nytimes.com/2011/08/07/business/a-rush-to-assess-standard-and-poo rs-downgrade-of-united-states-credit-rating.html?_r=1 <http://www.nytimes.com/2011/08/07/business/a-rush-to-assess-standard-and-po ors-downgrade-of-united-states-credit-rating.html?_r=1&ref=global> &ref=global In other words, can we call it law if the Judge is psychologically conflicted? 3. Again: is the underlying assumptions of the list that the marketplace is an example of the laws of Design, the laws of thermodynamics, or the organic laws of human psychology (or maybe agri-culture)? Im asking about the assumptions behind what you post, the context from which you choose to build not only your intellectual arguments but from which you choose to perceive what you believe to be the stuff of the world. Im asking if it might possibly be the stuff of your world instead,(of the world) and that an examination of the place where each of us sits is a part of the examination of the problem itself? Just some thoughts as I read the posts this morning. REH From: [email protected] [mailto:[email protected]] On Behalf Of Arthur Cordell Sent: Sunday, August 07, 2011 11:19 AM To: [email protected]; 'RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION' Subject: [Futurework] What happens when citizens lose faith in government? Interesting article but weakens toward the end. ======================== What happens when citizens lose faith in government? http://blogs.reuters.com/chrystia-freeland/2011/08/05/what-happens-when-citi zens-lose-faith-in-government/ Tolstoy thought unhappy families were unique in their unhappiness. But when it comes to countries, these days the worlds gloomy ones have a lot in common. From Fukushima to Athens, and from Washington to Wenzhou, China, the collective refrain is that government doesnt work. 2011 will be the year of distrust in government, said Richard Edelman, president and chief executive of Edelman, the worlds largest independent public relations firm. For the past decade, Mr. Edelman has conducted a global survey of which institutions we have confidence in and which ones are in the doghouse <http://www.edelman.com/trust/2011/> . In 2010, the villains were in the private sector from BP, to Toyota, to Goldman Sachs, corporations and their executives were the ones behaving badly. But this year, Mr. Edelman said, we are losing faith in the state: From the sovereign debt crisis in Europe, to the governments response to the earthquake in Japan, from the high-speed rail crash in China, to the debt ceiling fight in Washington, people around the world are losing faith in their governments. Even the Arab Spring, Mr. Edelman mused, was an extreme expression of the same breakdown in the peoples support for those who rule them. After that, though, the global parallels start to break down. In our kitchens, on Facebook, and in our public squares, a lot of us, in a lot of places, are talking about how we long to kick the bastards out. But how we act on that angry impulse varies widely. Figuring out when and how our private anger translates into public action, and of what kind, is one of the big questions in the world today. One answer comes from Ivan Krastev, a Bulgarian political scientist. One of Mr. Krastevs special interests is in the resilience of authoritarian regimes in the 21st century. To understand why they endure, Mr. Krastev has turned to the thinking of the economist Albert O. Hirschman, who was born in Berlin in 1915 and eventually became one of Americas seminal thinkers. In 1970, while at Harvard, Mr. Hirschman wrote an influential meditation on how people respond to the decline of firms, organizations and states <http://www.amazon.com/Exit-Voice-Loyalty-Responses-Organizations/dp/0674276 604> . He concluded that there are two options: exit stop shopping at the store, quit your job, leave your country; and voice speak to the manager, complain to your boss, or join the political opposition. For Mr. Krastev, this idea the trade-off between exit and voice is the key to understanding what he describes as the perverse stability of Vladimir V. Putins Russia. For all the prime ministers bare-chested public displays of machismo, his version of authoritarianism, in Mr. Krastevs view, is vegetarian. It is fair to say that most Russians today are freer than in any other period of their history, he wrote in an essay published this spring <http://www.journalofdemocracy.org/articles/gratis/Krastev-22-2.pdf> . But Mr. Krastev argues that it is precisely this user-friendly character of Mr. Putins authoritarianism that makes Russia stable. That is because Russias relatively porous dictatorship effectively encourages those people who dislike the regime most, and have the most capacity to resist it, to leave the country. They choose exit rather than voice, and the result is the death of political opposition: Leaving the country in which they live is easier than reforming it. Nowadays, the Chinese find little to emulate in Russia. That includes flavors of authoritarianism: Theirs is the more carnivorous variety, including locking up dissidents, rather than encouraging them to leave, and censoring the Internet, rather than allowing the intelligentsia to be free but ignored. Mr. Krastevs thinking suggests a perverse possibility that Mr. Putins slacker authoritarianism, while less able to deliver effective governance than the stricter Chinese version, may actually prove to be more enduring. The recent outburst of public rage in China over the high-speed rail crash is one piece of supporting evidence. Mr. Hirschman came up with his theory of exit and voice in the United States, and he believed that exit had been accorded an extraordinarily privileged position in the American political tradition. That was partly because the United States was populated by exiters and their descendants immigrants who chose to leave home rather than reform it and partly because for much of American history the frontier made it possible to choose exit without even leaving the country. For Americans, that sort of internal exit is no longer an option. Whatever you may think of the political agenda of the Tea Party, or of its wealthy supporters and media facilitators, it is at heart an ardent grass-roots movement whose angry and engaged participants have chosen voice over exit or apathy. But when you look at what they are using that voice to advocate, you may decide that Mr. Hirschman was right after all about the American national romance with exit. The Tea Partys engaged citizens arent so much trying to reform government as to get rid of it the only possible version of exit when the frontier is gone and you already live in the best country on earth. There is something, as Mr. Hirschman understood, particularly American about that impulse. But it may also be rooted in a theory about how to reform government that has been popular on both sides of the Atlantic in recent decades. That is the idea that creating competing, private-sector-operated alternatives to the public sector is a good way to force the state to raise its game. The charter school movement in the United States is one example. Prime Minister David Camerons advocacy of the Big Society is another. Looked at through Mr. Hirschmans lens, however, these private providers of formerly state services may have quite a different effect. If they allow the best and the most disgruntled citizens to exit the state, they might make the state-supplied option worse, rather than better. As Mr. Hirschman argued: This may be the reason public enterprise has strangely been at its weakest in sectors such as transportation and education where it is subjected to competition: The presence of a ready and satisfactory substitute for the services public enterprise offers merely deprives it of a precious feedback mechanism that operates at its best when the customers are securely locked in. The 21st century is the era of mass travel, open borders, instant communication and the affluent citizen-consumer. Russian oligarchs arent the only ones who can exit a lot of us can. It is no wonder so many of us distrust our governments. But in this age of exit, do we have much chance of reforming them?
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