Review: The Two Trillion Dollar Meltdown–Easy Money, High Rollers, and the Great Credit Crash

5 Star, America (Founders, Current Situation), Atrocities & Genocide, Capitalism (Good & Bad), Complexity & Catastrophe, Congress (Failure, Reform), Corruption, Crime (Corporate), Crime (Government), Culture, Research, Executive (Partisan Failure, Reform), Impeachment & Treason, Intelligence (Commercial), Intelligence (Public), Misinformation & Propaganda, Nature, Diet, Memetics, Design, Peace, Poverty, & Middle Class, Philosophy, Politics, Power (Pathologies & Utilization), Priorities, Secession & Nullification, Secrecy & Politics of Secrecy, Threats (Emerging & Perennial), Values, Ethics, Sustainable Evolution, Voices Lost (Indigenous, Gender, Poor, Marginalized), Water, Energy, Oil, Scarcity
Amazon Page

Charles R. Morris

5.0 out of 5 stars Forward to Future of Capitalism and GRIFTOPIA

November 8, 2010

This book was flagged to my attention in the Comments section of my own review of Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America, where my review includes the following quote that I share here:

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.

I defer to the other reviewers on the substance of the book, but want to provide links here to several books that address the larger context of the soul of capitalism and the corruption of the two political parties that have undermined the US Government and US economy with malice aforethought.

Capitalism:
The Battle for the Soul of Capitalism
The Betrayal of American Prosperity: Free Market Delusions, America's Decline, and How We Must Compete in the Post-Dollar Era
The Soul of Capitalism: Opening Paths to a Moral Economy
The Genius of the Beast: A Radical Re-Vision of Capitalism

Corrupt Two-Party Tyranny
Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It
Grand Illusion: The Myth of Voter Choice in a Two-Party Tyranny
Election 2008: Lipstick on the Pig (Substance of Governance; Legitimate Grievances; Candidates on the Issues; Balanced Budget 101; Call to Arms: Fund We Not Them; Annotated Bibliography)
The Broken Branch: How Congress Is Failing America and How to Get It Back on Track (Institutions of American Democracy)
Breach of Trust: How Washington Turns Outsiders Into Insiders

I am blogging twice a week at Huffington Post on what a Virtual Cabinet doing sane evidence-driven policies in the context of a balanced responsible budget might look like, and would welcome visits there by those interested in getting back to honest government and responsible capitalism.

Review: Griftopia–Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America

6 Star Top 10%, America (Founders, Current Situation), Atrocities & Genocide, Banks, Fed, Money, & Concentrated Wealth, Capitalism (Good & Bad), Civil Society, Complexity & Catastrophe, Congress (Failure, Reform), Corruption, Crime (Corporate), Crime (Government), Economics, Intelligence (Public), Misinformation & Propaganda, Peace, Poverty, & Middle Class, Power (Pathologies & Utilization), Public Administration, Secrecy & Politics of Secrecy, Threats (Emerging & Perennial), True Cost & Toxicity, Voices Lost (Indigenous, Gender, Poor, Marginalized), Water, Energy, Oil, Scarcity
Amazon Page

Matt Taibbi

5.0 out of 5 stars 6 Star Game Changer….Maybe

November 2, 2010

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.

Continue reading “Review: Griftopia–Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America”

Review (Guest): Buddhism without Beliefs

5 Star, Consciousness & Social IQ, Culture, Research, Intelligence (Public), Nature, Diet, Memetics, Design, Peace, Poverty, & Middle Class, Philosophy, Religion & Politics of Religion

Craig K. ComstockCraig K. Comstock

Book creation coach, TV host

Posted: October 25, 2010 07:16 PM

A Buddhist Vision of Life Beyond Consumerism

Review of Stephen Batchelor, Buddhism Without Beliefs: A Contemporary Guide to Awakening

EXTRACT:

The service offered by Batchelor is to get to what he regards as the core of Buddhist practice, free of “accretions” imposed by various Asian traditions. Of course, some westerners are attracted to Buddhism in part by the rich Baroque trappings of the Tibetans, the subtle Theravada traditions of southeast Asia or the spare paradoxes in Zen cultures. But other westerners want a practice they feel is more suitable for a scientific and democratic society.

Having been a monk in two of three Asian traditions (Tibetan and Korean), Batchelor sought what he regards as Buddha's basic realization. In his writing, he even set aside such crucial elements of traditional Buddhism as rebirth and karma, not denying that the founder taught these doctrines, but attributing them to the Hindu world in which he'd grown up and arguing that they aren't necessary to Buddha's genius as expressed in the “four noble truths.”

Within Buddhism, Bachelor's heresy is not to do without the concept of divinity (the founder was agnostic about metaphysics), but rather to set aside any realm other than our life on earth and to accept the possibility of death as oblivion. This is a delicate point because the prestige of Tibetan religious leaders, starting with the Dalai Lama, depends in part on the claim to be reincarnations and because the finality of death is almost unimaginable to most of us.

What a waste to obtain the necessities of life, guard against danger, form attachments to other humans and accumulate knowledge, and then poof, it's all gone like photo albums when a house burns down. This would be almost as unthinkable as a process of evolution. What human would design so slow, wasteful and unfair a process? Batchelor's point here would be that the gist of Buddhist dharma practice is being aware of what's here, now, rather than placing hope, without evidence, in a happier life after death.

Read full review at Huffington Post…

Review: Open Space Technology: A User’s Guide

5 Star, Best Practices in Management, Change & Innovation, Complexity & Resilience, Consciousness & Social IQ, Culture, Research, Decision-Making & Decision-Support, Democracy, Economics, Education (General), Education (Universities), Environment (Solutions), Information Society, Intelligence (Public), Nature, Diet, Memetics, Design, Peace, Poverty, & Middle Class, Philosophy, Politics, Priorities, Public Administration, Truth & Reconciliation, Values, Ethics, Sustainable Evolution, Voices Lost (Indigenous, Gender, Poor, Marginalized)
Amazon Page

Harrison Owen

5.0 out of 5 stars Low-Cost Priceless Guide Worth Hundreds of Thousands

October 24, 2010

It's been my pleasure to know the author of this book ever since he hunted me down after my review of Wave Rider: Leadership for High Performance in a Self-Organizing World, and I have also had the benefit of being a participant in a number of Open Space sessions run by, among others, Peggy Holman, author of Engaging Emergence: Turning Upheaval into Opportunity and the older The Change Handbook: The Definitive Resource on Today's Best Methods for Engaging Whole Systems.

I cannot over-state the value of this book to anyone who has a complex and expensive problem but cannot afford to get the author there personally. While the book is no substitute for the genius, the intuition, the experience, and the sheer “quiet energy” that the author can bring to any endeavor, it is not just a starting point, it is more than enough to get you through your first self-organized event, and the results are sure to astonish as well as excite about the potential benefits of having the author lead the next session.

Here is how it works in a nut-shell, and I put this into the review because I am not happy with the minimalist marketing information the publisher has provided but happy that Look Inside the Book is activated–use that feature!

1) Everyone who cares is invited to a meeting in a space large enough to accommodate the group. Many events will charge a fee to cover the space, the food, and the travel costs of the facilitators, some events can be free especially if internal. HOWEVER, the diversity of who is invited (i.e. including outsiders, clients, journalists, the lowest ranking maintenance people), THIS MATTERS….A LOT.

Continue reading “Review: Open Space Technology: A User's Guide”

Review (Guest): Animal Farm–An American Story

5 Star, America (Founders, Current Situation), Atrocities & Genocide, Banks, Fed, Money, & Concentrated Wealth, Capitalism (Good & Bad), Complexity & Catastrophe, Congress (Failure, Reform), Consciousness & Social IQ, Corruption, Culture, Research, Democracy, Economics, Empire, Sorrows, Hubris, Blowback, Environment (Problems), Impeachment & Treason, Intelligence (Public), Justice (Failure, Reform), Military & Pentagon Power, Misinformation & Propaganda, Peace, Poverty, & Middle Class, Philosophy, Public Administration, Religion & Politics of Religion, Science & Politics of Science, Secrecy & Politics of Secrecy, Threats (Emerging & Perennial), True Cost & Toxicity, Values, Ethics, Sustainable Evolution, Voices Lost (Indigenous, Gender, Poor, Marginalized), War & Face of Battle, Water, Energy, Oil, Scarcity
Amazon Page

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

Amazon Page

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.

Review (Retired Reader): Obama’s Wars

5 Star, Decision-Making & Decision-Support, Empire, Sorrows, Hubris, Blowback, Executive (Partisan Failure, Reform), Force Structure (Military), Insurgency & Revolution, Intelligence (Government/Secret), Intelligence (Public), Military & Pentagon Power, Misinformation & Propaganda, Politics, Power (Pathologies & Utilization)
Amazon Page

5.0 out of 5 stars No Exit!, October 5, 2010

By Retired Reader (New Mexico) – See all my reviews

Bob Woodward

1. The focus of this book is the complicated process that led to President Obama to increase the level of U.S. troops deployed to Afghanistan in support of the so-called “surge strategy.” Like all of Woodward’s previous books this book is apolitical and contains minimal analysis and commentary. It is a chronological compilation of quotes and paraphrases that Woodward has selected to demonstrate how the decision making process in this case actually worked.  Woodward is a respected journalist and has a track record of accurately reflecting White House Deliberations.

2. Woodward makes it clear that President Obama’s concerns with Afghanistan so often articulated in his run for the Presidency were genuine and unfortunately well founded. The military and political situations in Afghanistan were rapidly deteriorating to the point of endangering the U.S. position there.  The President wanted to formulate a new strategy that would neutralize the threats posed by al Qaeda still operating on the Afghan-Pakistan Border and transform Afghanistan into stable country that would not serve as a host to al Qaeda. To do this, he sought to obtain at least three or four strategic alternatives that he could choose from rather than simply going with the military centric strategy option that was already on the table.

3. The military centric option was favored by Admiral Mullen, Chairman of the Joint Chief of Staff (JCS), General Petreaus (USA) Chief of CentCom, and General McChrystal (USA).  General McChrystal strongly argued that the Afghan security forces could be quickly brought up to such a level (400,000!) and that an all American Force of 40,000 troops (four brigades) could easily seize, hold, and transfer key population centers over to Afghan Security Forces. Although his optimism was at variance with actual conditions in Afghanistan, Admiral Mullen and General Petreaus supported McChrystal’s argument.

4. Still President Obama wanted to be able to review other options before committing so many troops to a failing state like Afghanistan.  He also was aware that any Afghan solution would by necessity involve a Pakistani solution. The all powerful Pakistani Military had a very complex relationship with the Taliban movement and, it was suspected, al Qaeda. He therefore sought to develop a strategy that would recognize this.

5. Prior to beginning his search for alternative solutions to the Afghanistan problem the president asked Bruce Riedel of the Brookings Institute to draft a Review summarizing the current situation in Afghanistan and providing some strategic insights. Riedel is a thirty year veteran of CIA, a real expert on the Near East and Central Asia, and dates from the halcyon days when intelligence analysis was still considered a profession. His review followed and expanded points he had already established in his book, The Search for al Qaeda (Brookings Institute, 2008). The Review was especially useful in clearly articulating that solving Afghanistan’s problems necessarily involved solving Pakistan’s as well.  In Riedel’s opinion the center piece of any strategy should be the elimination of al Qaeda from its border strongholds in the Pakistan Federally Administered Tribal Areas (FATAs).  Riedel also pointed out that it would take a long term military-civil effort to turn Afghanistan into a viable nation-state. All of the National Security Council (NSC) principals, including the military, agreed that Riedel’s Review was the most accurate information on Afghanistan, al Qaeda, and Pakistan.

6. In reading Woodward’s account it is clear that Pakistan has its own high complex agenda in Afghanistan, driven not by U.S. concerns, but by fear of India. Pakistan’s Inter-Services Intelligence (ISI) appears to be playing a very dangerous game of supporting the Taliban (usually), tolerating al Qaeda yet still trying to cooperate where feasible with CIA. The ISI has one primary target and that is India; it appears that ISI considers Afghanistan just another strategic pawn, as is the U.S., in its life and death game against India. The Pakistani Military share this world view and indeed General Kayani, Chief of Staff of the Pakistan Army told Woodward as much.  President Zardari of Pakistan appears weak and ineffectual, serving at the sufferance of the military.

7. Remarkably Riedel’s Review is a both timely and accurate summary of the situation in the Afghanistan-Pakistan (AfPak) yet it was developed from largely unclassified sources. Unremarkably, the U.S. Military while agreeing that the Review was an accurate situation report chose to ignore it because it did not fit into their pre-determined surge strategy which simply transferred the superficially successful Iraqi Surge model to Afghanistan.

8. Besides the Riedel Review, the NSC had remarkably little intelligence to help them in their search for alternative strategies. A close reading of Woodward’s account reveals why.

9. The simple fact of the matter is that in a reprise of the last forty years, the U.S. Intelligence System has been able to produce very effective tactical intelligence in support of military operations (i.e. locations of individuals and groups, tactical level threats etc.), but completely unable to produce strategic intelligence. Repeatedly in this book NSC participants express surprise that almost nothing is known of the organizational structures, funding, and level of Pakistani involvement in al Qaeda, the Taliban, and other affiliated groups. There is also no evidence in this book that anybody in the NSC took it upon themselves to review a reasonably extensive literature on the ethnography of Afghanistan to help clarify just what the Taliban and other Afghan groups actually are after.

10. In the end, the unrealistic strategic plan advanced by General McChrystal won out because the military simply refused to come up with any other and, in the absence of strategic intelligence nobody else could come up with a politically acceptable alternative.

Vote and/or Comment on Review

Review: The Leader’s Guide to Radical Management–Reinventing the Workplace for the 21st Century

6 Star Top 10%, Best Practices in Management, Culture, Research, Economics, Information Society, Intelligence (Public), Intelligence (Wealth of Networks), Leadership, Priorities, Values, Ethics, Sustainable Evolution
Amazon Page (Kindle)

5.0 out of 5 stars Startling clarity, common sense, and immediate relevance

September 21, 2010

Steve Denning

I received a copy of this book as a galley from the publisher, and I strongly recommend it in any form. I first met Steve Denning when he was recently retired from being program director of knowledge management at the World Bank, and had created no-cost global networks for multinational information sharing decades before the term M4IS2 came into vogue (Multinational, Multiagency, Multidisciplinary, Multidomain Information-Sharing and Sense-Making). His first book, The Springboard: How Storytelling Ignites Action in Knowledge-Era Organizations (KMCI Press) remains an essential reference for any leader at any level.

This book grabbed me right away, and while it reminds me of Peter Drucker, Peter Senge, and Gifford Pinchot, with a strong leavening from all the books I have been reading in the Collective Intelligence, Evolutionary Activism, Human Scale, and Epoch B Leadership arenas, this is clearly his own unique work and I would venture to say that this is the first book that captures the essence of 21st Century leadership.
Continue reading “Review: The Leader's Guide to Radical Management–Reinventing the Workplace for the 21st Century”