Cadmus

Category Archive for 'Cadmus – Vol 1 – Issue 3'

The Moral Arc of History

The arc of the moral universe is long but it bends towards justice.

– Martin Luther King, Jr.

1. One Tribe Becomes Many

Between fifty and one hundred thousand years ago, a small group of homo sapiens made its way out of Africa and established settlements in what we now call the Middle East. Over the millennia, we multiplied and spread across the whole earth. In response to variations in climate, one race became many. Read More

Real Economies and the Illusions of Abstraction

The yawning gap between the real world and the discipline and profession of economics has never been wider. The ever-increasing abstractions in finance and its models based on “efficient markets” and “rational actors”: capital asset pricing, Value-at-Risk, Black-Scholes Options Pricing have been awarded most of the Bank of Sweden prizes since they were founded in the 1960s and foisted onto the Nobel Prize Committee. Most of these abstract models, based on misuse of mathematics, contributed to the financial crises of 2007-2008. Now, the family of Alfred Nobel, led by lawyer Peter Nobel, has disassociated itself from the Bank of Sweden Prize in Economics In Memory of Alfred Nobel.1,* They point out that Nobel never would have approved of a prize in economics since it is not a science – and would have disapproved even more that most of the prizes were given to Western, neoclassical economists using mathematized, abstract models – far from Nobel’s wider concerns. Read More

The Evolution of Wealth & Human Security: The Paradox of Value and Uncertainty

Life evolves by consciousness, consciousness evolves by organization. Human life evolves by a progressive heightening of our awareness, expansion of our knowledge, widening of our attitudes, and elevation of our values. This evolving human consciousness progressively expresses itself through the formulation and creation of more complex and effective organization – a seamlessly integrated, organic web of relationships encompassing ideas, knowledge, people, activities, processes, systems, technology, laws, institutions, power and values – political, economic, social, cultural, intellectual and psychological. The capacities of one person acting on his own are limited, but the action of organization has no limit. Organization creates abundance. Read More

Rethinking Growth: The Need for a New Economics

For over 40 years the Club of Rome has been concerned with the sustainability of our planet. The conclusion of the famous first report to the Club of Rome The Limits to Growth that the world was on an unsustainable path was anticipatory and prescient.1 Although Limits caused considerable debate, after an initial flurry of interest, the message of the Club of Rome was largely ignored. Only now is this message beginning to re-acquire the currency it deserves, but we have lost much time. Read More

The World in 2052

Humanity has made immense progress over the last few decades. The starting point for setting a future’s agenda can be anchored in a healthier, better educated, more prosperous, and better informed and connected world than ever.

Humanity finds itself at an evolutionary crossroad. The choice is between a perfect storm of progressively deepening crises and expanding perspectives of unprecedented opportunities. Read More

A Mediterranean – EU Community for a New Era of Mankind

Appeal

And suddenly everything is different! With the Arab Spring we are entering into a new era while the European Union itself is facing huge challenges. This is the time to innovate! Diplomacy, economy and society have to be rethought to respond to the aspirations towards a new development model, the strengthening of the rule of law, and the establishment of a new framework for integrating regional economies. In addition to the differentiated approach the European Commission is proposing that the ‘Partnership for Democracy and Shared Prosperity’ open to all Mediterranean Countries, and that a ‘Mediterranean-EU Community (MED-EU)’, limited to countries having embraced real democracy and a peace agenda, should be launched. Read More

Boundless Frontiers of Untold Wealth

Society constitutes an invisible web of relationships between its members. It has a defined structure of authority, status, rights, knowledge, beliefs, values, laws, specialized institutions, functional systems and formal activities radiating down and out from centers of power to the periphery. Beyond the perceptible limits lies an amorphous unknown territory akin to the undiscovered New World which Columbus encountered on his first voyage in search of untold wealth through an unchartered passage to India. The organized part of society is always complemented by an unorganized vastness which is largely unperceived but seething with potential. The organized portion is creative of structured social forces, wealth, power and knowledge, symbols and symbolic power. Beyond that lies an unorganized expanse from which unrealized potential continuously emerges. The perception of limits is always confined to the organized society, a boundless finite encompassed and embraced by a boundless infinity of unimagined opportunity. Read More

Organizing International Food Security

At the time of this writing, more than 10 million lives are at risk on the Horn of Africa due to food shortages arising from poor rainfall and a consequently dismal harvest. But the source of their food insecurity in the region is also related to conflict, environment, education, governance, health and other issues. Famine has reoccurred in spite of a doubling of development aid and tripling of humanitarian aid over the past decade. In this day and age, is global food insecurity really unavoidable? Read More

Organization Abolishes Scarcity

Society is an intricately complex web of mutually beneficial, productive and collaborative relationships between people, activities, institutions, laws, ideas and values. Ideas and values determine the breadth, depth and heights of civilization and culture to which society attains. Organization constitutes the warp and woof of that web and determines its strength, quality, amplitude and capacity for accomplishment. Read More

Inside this Issue

In moments of crisis, all thoughts are preoccupied with immediate remedies to meet urgent needs, rather than reflection on root causes and ultimate solutions. Yet history suggests that it is only when we are under supreme duress that we are willing to put all the cards on the table and consider the comprehensive and fundamental changes needed to effect permanent solutions. Thus, it required the dire circumstances of the Great Crash and the Great Depression to give birth to the New Deal reforms in America 75 years ago, which ushered in decades of financial stability, full employment and unprecedented prosperity. It required the destruction wrought by nationalist ambitions in two world wars to give birth to the UN system – faulty, no doubt, but sufficient to prevent a repetition of global war since 1945. Read More

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