When I was a graduate student in the 1970's, “Banks & Textor” was the bible, and I could not have done my first graduate thesis on revolution without its inspiration. This reference taught me how to “operationalize” from a pre-condition of revolution (e.g. concentration of wealth) to specific measurable factors within a society (e.g. a mix of per capita income and spread).
As I just wrote in a commentary on the gap between rich and poor in the US,
In the 1970's an era when “whole systems” thinking tried to flourish only to be crushed by the emergent merger of the two-party tyranny and Wall Street, there was a vital comparative international studies reference, “Banks & Textor,” or more properly, Arthus S. Banks and Robert B. Textor, A Cross-Polity Survey (Cambridge, MA: MIT, 1963). We strongly suspect that today the USA would be qualified a failed state, certainly so if the 1% of the population hoarding the bulk of the wealth were isolated as an extraneous factor contributing little of value to the larger economy while siphoning off one fifth of the asset value through legalized financial crime. There is clearly a need for a return of the Banks & Textor model, but with the added sophistication of distinguishing between negative factors of domestic production (excessive concentration of wealth, legalized mortgage clearinghouse, Wall Street derivative, and Federal Reserve fraud, prison factories and prisons, hospitals, and marginalized enterprises among others).
I would love to see a great university somewhere take on the magnificent challenge of recreating this great work, but modernized to include the Internet factor, measures of openness across all fronts (see my Gnomedex ketone, “Open Everything”) and so on.
This book is still priceless, it was the gold standard in its time, we need it now more than ever, but completely redone and modernized.
Why are we in such a financial mess today? There are lots of proximate causes: over-leverage, global imbalances, bad financial technology that lead to widespread underestimation of risk.
But these are all symptoms. Until we isolate and tackle fundamental causes, we will fail to extirpate the disease. ECONned is the first book to examine the unquestioned role of economists as policy-makers, and how they helped create an unmitigated economic disaster.
Here, Yves Smith looks at how economists in key policy positions put doctrine before hard evidence, ignoring the deteriorating conditions and rising dangers that eventually led them, and us, off the cliff and into financial meltdown. Intelligently written for the layman, Smith takes us on a terrifying investigation of the financial realm over the last twenty-five years of misrepresentations, naive interpretations of economic conditions, rationalizations of bad outcomes, and rejection of clear signs of growing instability.
In this book, “deregulation” is a four-letter word: a synonym for leaving the U.S. taxpayer, U.S. markets and the U.S. reputation wide open to greedy mindless homegrown plutocrats. In short, it is a synonym for leaving the nation vulnerable to conscienceless unpatriotic Wall Street thieves.
Here in easy to understand language, Robert Scheer has pealed back the layers that cover up the whole stinking mess that has become “stripped-down vulnerable deregulated America.” The method of robbery is basically a five-step political process: (1) “demagog” FDR and all existing regulations relentlessly as the enemy of free enterprise; (2) use paid lobbyist to help justify, tear-down and then rewrite new regulations; (3) use lobbyists' contributions to buy off the votes of key politicians in both parties to open up the laws for the impending thievery; (4) once legislation is passed, oversee the Wall Street financial casino with watchdogs that do not watch; and then (5) appoint members of the plutocracy who stand to gain the most, as facilitators and the palace guards of policy.
The present system of “high-level state sanctioned grand larceny” was designed and implemented, not by Ronald Reagan, or GW Bush, but by William Jefferson Clinton with the help of none other than the gang of four — Timothy Geitner, Robert Rubin, Alan Greenspan, and Lawrence Summers. However, the unsung hero of the grand heist, was Windy Lee Gramm, senator Phil Gramm's paramour and then wife, (who as a grad student was first his lover and then very quickly his wife). It was this “devious duo” that engineered the plans for the ultimate robbery of the American economic system.
Revolutionary–a Milestone in Human Applied Thought
November 30, 2010
I have looked over the galley that is free online (as are all my books) and consider this to be a milestone in human applied thought. I have bought it here at Amazon, confident this is going to be one of the few books that I do not donate to George Mason University, which took over my entire library when I joined the United Nations in March 2010.
Medard Gabel is modest–the blurbs do not do justice to him or his work or the incredibly talented and imaginative individuals (not just youth, but mid-career professionals) that he attracts to this calling.
I have participated in two of his design labs and recommend them to one an all. Everyone enters with their own issue area (urban planning, energy, whatever) and halfway through they experience the “aha” moment (epiphany for Republicans)–everything is connected and NOTHING can be planned, programmed, budgeted, or executed without integrating everything.
As Russell Ackoff likes to say, what is good for one part of the system might be very bad for all the other parts. Comprehensive architecture and prime design–all threats, all policies, all demographics–are the future.
6 Star and Beyond–the Essence of Fuller, the Future of Humanity
November 28, 2010
I did not truly begin to understand the breadth and depth of Buckminster Fuller's thinking until I read this book as it deserves to be read, with full attention and detailed notes. This is one of those books that merits–and received from me, a Work Table of core concepts, definitions, obstacles, and solutions, posted online at Work Table [link live at Phi Beta Iota the Public Intelligence Blog].
Although I heard Fuller speak personally at Muhlenberg College and distinctly remember him saying that a housing foundation could support the Queen Elizabeth ocean liner, it was not until this book that I understood in detail exactly what he meant: that we are wasting 90% of what we put into buildings. I have previously read and reviewed Critical Path as well as Operating Manual for Spaceship Earth, and it is my great privilege to know Medard Gabel, co-creator of the analog World Brain and sole creator of the new digital EarthGame (in concept pending funding).
CORE POINT: True wealth is cosmic energy and the creation of means to deliver to humanity unlimited free energy. Among many other things this creates the possibility of applying energy to create self-contained homes that are lightweight, fully self-contained in water and sewage, and totally green.
CORE CONCEPT: Capitalism and democracy have been perverted by money–those who manage money manage those who manage politics, and they both concentrate on optimizing the false God of money, an abstract concept hardly worth its paper representation, while ignoring–even subverting–the possibility of achieving infinite cosmic wealth on behalf of all of humanity.
CORE CONCEPT: Predatory capitalism on the one hand, and controlled socialism on the other, are both extremes and both fail to meet the needs as well as the possibilities of humanity. Fullerism is at root a non-zero equation.
PERSONAL POINT: This book answers the question I could not answer when a senior executive asked me “what do you do?” Now I know. I am a Comprehensive Global Architect whose objective is Prime Design: From Waste to Wealth (the title of my next book, inspired by this core reading from Buckminster Fuller). All my prior works, including my most recent, INTELLIGENCE for EARTH: Clarity, Diversity, Integrity, & Sustainaabilty, have been a preamble to what I now recognize is my life's work…I will try to earn another 25 years (I am 58, 58 + 25 is 83 — my family history suggests I will make it.). I am still looking for a country or global organization that wants to profit from doing this.
A few definitions up front:
QUOTE (142): WEALTH [is] the measurable degree of forwardly organized environmental control, in terms of quickly convertible energy, capacities and performance ratioed system capabilities, per capita, per diem.
Advertising destroyed public trust by pre-empting “industrial design” as code for airbrushing superficial changes to move products to market, rather than seeking integral improvements that could be shared with the consumer.
Design-improved livingry increases wealth.
Synergy is the delta between the sum of the parts and their anticipatable outcomes, and the actual outcome not anticipated.
CORE CONCEPTS
Architects deal with the externalities of man.
“At rest” science and understanding (Newton's paradigm) have been replaced by “constant change” (Einstein's paradigm).
Bad housing breeds bad humanity and bad science–the time/energy costs and the materials costs are too high, housing is the socio-economic “runt” of all the professions.
Challenge is IRREDUCIBLE.
Design is innovative re-assembly that adds value.
Design-preventable includes illumination and prevention of corrupt exploitation of materials for inefficient or unjustifiable applications.
Energy mass, energy radiation, energy gravitation (E3) times Intellect (E3I)
Good design would reduce the per capita consumption of building materials from nine tons per person to one ton per person [this is in the developed world–these reductions would allow the extension of the lower tonnage home designs to nine times more people and more–with mass consumption come mass efficiencies.]
Industry is *supposed to be* the organization and application of collective knowledge and action that produces synergy (added value) over the sum of the parts in isolation.
Individual freedom is ESSENTIAL to the expansion of diversity needed to enable collectives to see the whole.
Total Thinking is the intelligent acquisition, ingestion, processing, and exploitation of all relevant information in order to produce efficiencies and effects beneficial to the mission objective.
Wealth is intellect plus energy combined to create capacity [with more free energy making more refined capacity possible].
Worldwide commonwealth credit is both needed and achievable to provide mass-produced sustainable housing for all. That in turn frees up the five billion poor to create “infinite wealth” by combining their intellect with infinite free energy to advance civilization.
OBSTACLES to advancing humanity include:
Advertising in place of genuine progress [should not be a tax-deductible expense in my own view]
“Credit” fueled the perpetuation and expansion of rotten housing at great cost.
Housing is the works of design, the worst of materials, and the worst of applied engineering
Housing as the sucking chest wound in economics [mortgages should not be tax-deductible, this both encourages waste of materials on housing, but also enables the growth of financial fraud]
Managers lack the over-all philosophical discernment to be effective at seeing the whole and building to the whole.
Politics is VERY wasteful, perpetuating inefficient industries.
Specializations are attracting the most gifted, and this leaves the less gifted dealing with integration if they think about it at all. [I always thought this was what business and public administration programs were supposed to do, but having graduated from such a program realize they do not.]
A HANDFUL OF QUOTES
p. 25 “My envisioned transcendental world design plan would be inherently nonpolitical, because it would be utterly independent of any need for authority beyond that to-self-by-self for initiation of its study and development.”
p. 95 In relation to the waste of heavy materials in housing, “…that in this war crisis it is technically treason to allow ourselves to be short sixty-five thousand freight cars weighing fifty tons of steel each, which shortage is equivalent to the number of cars required exclusively to transport the solid foundation and flooring materials unscientifically employed as frozen compression elements to structurally support the tiny weights of one-tenth-of-a-ton load of men who comprise the negligible working loads of housing, or to support machinery from below that could better be suspended, etc.”
p. 246 “The efficiency of the industrial equation is directly proportional to the numbers consuming.” [In other words, capitalism focused on the needs of the one billion rich is long overdue for a redirection of focus to the needs of the five billion poor.]
p.247 “Serve one hundred per cent will involve a world design revolution, not just design of end-products, but of the comprehensive industrial network equations including world-around-livingry-service systems, at regenerative occupancy rentals, mutually installed in anticipatory facilitation of total world enjoyment of individually respected total man.”
p. 249 “Only the free-wheeling artist-explorer, non-academic, scientist-philosopher, mechanic, economist-poet, who has never waited for patron-starting and accrediting of his coordinate capabilities holds the prime initiative today.”
SOLUTIONS
Energy investments will define the future.
Need a world housing industry. We do NOT need water, sewer, and electrical infrastructure. Distributed housing and small cities connected by high-speed rail should be the norm.
Harvesting of scrap is the next needed Manhattan Project/Marshall Plan.
This is an extraordinary book, combining gifted insights and turns of phrase with serious research that has a point worth fighting for: Wall Street led by Goldman Sachs has ripped off the entire US economy, and they still have most people thinking that politics matters.
It merits comment that while Michael Lewis was first, with Liar's Poker, and was recently quoted as saying he had no idea Wall Street would get away with these obvious high crimes against the public for another 30 years, this author takes us all up another level, weaving in everything–politics, culture, sex, booze, LSD, and the occasional rabbid racoon.
The author is especially deft at observing, documenting, and describing the combination of lunatic ignorance and blessed righteous anger within the Tea Party, at the same time that he points out they have no idea that they have been funded and directed by the very people who have stolen their economy out from under them.
I am especially impressed by the author's understanding of how Wall Street has managed to co-opt the very people they are destroying by leveraging the “shared” view of excessive government regulation. I for one absolutely believe that states should start nullifying federal laws and regulations that impair state-based businesses (e.g. butchers and cabinet-makers). What the people being destroyed do not understand is HOW they are being destroyed by Wall Street, which is essentially eating out the foundation from under them.
QUOTE (32): What has taken place over the last generation is a highly complicated merger of crime and policy, of stealing and government. Far from taking care of the rest of us, the financial leaders of America and their political servants have seemingly reached the cynical conclusion that our society is not work saving and have taken on a new mission that involved not creating wealth for us all, but simply absconding with whatever wealth remains in our hollowed out economy. They don't feed us, we feed them.
Since its publication in 1946, George Orwell's fable of a workers' revolution gone wrong has rivaled Hemingway's The Old Man and the Sea as the Shortest Serious Novel It's OK to Write a Book Report About. (The latter is three pages longer and less fun to read.) Fueled by Orwell's intense disillusionment with Soviet Communism, Animal Farm is a nearly perfect piece of writing, both an engaging story and an allegory that actually works. When the downtrodden beasts of Manor Farm oust their drunken human master and take over management of the land, all are awash in collectivist zeal. Everyone willingly works overtime, productivity soars, and for one brief, glorious season, every belly is full. The animals' Seven Commandment credo is painted in big white letters on the barn. All animals are equal. No animal shall drink alcohol, wear clothes, sleep in a bed, or kill a fellow four-footed creature. Those that go upon four legs or wings are friends and the two-legged are, by definition, the enemy. Too soon, however, the pigs, who have styled themselves leaders by virtue of their intelligence, succumb to the temptations of privilege and power. “We pigs are brainworkers. The whole
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management and organisation of the farm depend on us. Day and night, we are watching over your welfare. It is for your sake that we drink that milk and eat those apples.” While this swinish brotherhood sells out the revolution, cynically editing the Seven Commandments to excuse their violence and greed, the common animals are once again left hungry and exhausted, no better off than in the days when humans ran the farm. Satire Animal Farm may be, but it's a stony reader who remains unmoved when the stalwart workhorse, Boxer, having given his all to his comrades, is sold to the glue factory to buy booze for the pigs. Orwell's view of Communism is bleak indeed, but given the history of the Russian people since 1917, his pessimism has an air of prophecy. –Joyce Thompson
Phi Beta Iota: Morality is how civilizations transmit the hard lessons of the past. Both Communism and Fascism–including Faux Democracy Of, By, and For the Corporations and Banks, lack morality. The only antidote to corrupt elites is educated non-violence, as both Thomas Jefferson and James Madison among others understood so well. This web site is an attempt to inspire public intelligence in the public interest.
Thomas Jefferson: A Nation’s best defense is an educated citizenry.
James Madison: Knowledge will forever govern ignorance; and a people who mean to be their own governors must arm themselves with the power which knowledge gives.
