Review: Republic Lost – How Money Corrupts Congress – and Plan to Stop It

5 Star, America (Founders, Current Situation), Budget Process & Politics, Capitalism (Good & Bad), Congress (Failure, Reform), Crime (Corporate), Crime (Government), Culture, Research, Democracy, Economics, Education (General), Executive (Partisan Failure, Reform), Impeachment & Treason, Intelligence (Public), Justice (Failure, Reform), Misinformation & Propaganda, Nature, Diet, Memetics, Design, Peace, Poverty, & Middle Class, Politics, Power (Pathologies & Utilization), Priorities, Public Administration, True Cost & Toxicity, Voices Lost (Indigenous, Gender, Poor, Marginalized)
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Lawrence Lessig

5.0 out of 5 stars Diplomatically Provocative — A Foundation, Not a Structure, March 22, 2012

I come late to this book but my review will be much more detailed and useful than most others now posted, including the several that I voted for. I received it this afternoon and it has absorbed me every since.

As someone who ran for the Reform Party nomination for President with the specific intent of putting all the good ideas in one place (BigBatUSA (org), and who also tried to get Occupy to understand that electoral reform was the one thing that would make them central to all stakeholders, allow them to raise money from a broader coalition, and flush Congress down the toilet, I have three contextual disagreements that I place at the end of this review. In no way do they detract from this specific work that does what it set out to do.

The highest praise I can give this book is that I found it engrossing and learned from it. Gary North has done a great job in his article at featured at Phi Beta Iota the Public Intelligence Blog, “Administrative Law (New World Order) versus Democracy (Live Free or Die).” What I learned from this author is that administrative regulations are how Congress creates its “protection racket” and manipulates conditions so that those who gain ($1 in lobbying yields $6 to $20 in government earmarked pork) have to “give” every year.

From start to finish this book provokes me. As a professional intelligence officer who has been fighting since 1988 for a Smart Nation and a Whole of Government decision-support capacity that is not secret, not expensive, and not obsessed with contrived threats to the detriment of opportunities to create a world that works for all, I love the following:

QUOTE (1): Government is an embarrassment It has lost the capacity to make the most essential decisions.”

That is of course because all of government is corrupt — the Cabinet officers are there to protect budget share and serve the recipients of the taxpayer dollar, not to serve the taxpayer — the President is a puppet, all theater, today with a nanny from Goldman Sachs installed as “National Security Advisor.” The Supreme Court, thanks to Lewis Powell, is equally corrupt — the author is too kind to them in this book, while offering some very deep criticism of Justice Kennedy and CITIZENS UNITED.

MUCH later in the book, on page 247, the author relates the Jon Stewart – Bill O'Reilly exchange that got him started on this book, I would have liked it up front so I offer it here with a strong recommendation to buy this book because as these two neo-toxic opponents were quick to agree, corruption is at the heart of all these problems. I will give them the benefit of the intellectual doubt and hope they mean a lack of integrity — I consider lies to be corruption, and all forms of deception and propaganda and misinformation to be sand in the gears of an extraordinarily complex delicate system of systems. You can look for my posting on this topic, “Journal: Reflections on Integrity UPDATED + Integrity RECAP” and see especially the first two earlier postings cited there.

Mindful of Amazon's quote limit, here is the heart of the book:

QUOTE (7): The greatest threat today is in plain sight. It is the economy of influence now transparent to all, which has normalized a process that draws our democracy away from the will of the people.

The bulk of the first third of the books explores the twin outcomes, bad governance and lost trust, and the three corruptions: the author's articulation of “dependency corruption” that is in turn the foundation for very limited “venal corruption” (direct bribery) and pervasive “systemic corruption” where a “gift economy” and implied obligations destroy the integrity of the government across all topics.

The author offers examples that lead to the conclusion that government cannot be trusted to keep products safe. I know from many other readings that the USA is now considered a dumping ground for products not allowed in Europe; that the government is creating ceilings for state regulation instead of floors especially with respect to environmental responsibility (were I a governor, I would be nullifying at least half the regulations, most written by mega-industries intent on putting small town butchers and others out of business); and that the government is completely lacking in decision support across the board. The US Intelligence Community spends $80 billion a year in corporate welfare, and this produces, according to General Tony Zinni, USMC (Ret), then Combatant Commander of US Central Command, “at best” 4% of what he needed to know. [Disclosure: I helped create the Marine Corps Intelligence Center precisely because nothing the national or other service centers did was useful to a force specializing in expeditionary operations. This is when I realized — and subsequently testified and proved to the Aspin-Brown Commission — that there is nothing in the secret data bases useful to 90% of our needs.]

I love the author's brief but point examination of the role that money plays in distorting conclusions across a range of industries. When industry pays, the information is severely constipated. When independent efforts are undertaken, the results are severely critical. There is no think tank, anywhere, that I consider to be completely honest or capable, and I share Derek Bok's concerns in Universities in the Marketplace: The Commercialization of Higher Education.

About halfway through the book I have a note that this is a subtle graceful book. The author is adroit at stating ugly facts in a beautiful way. He emphasizes the value of trust, which I also emphasize in my next book, and points out that when addressing systemic corruption it is not about the absolute good or absolute bad, but about all the gray shades of bad in-between.

Bad Policy + Lost Trust = Republic Lost

He articulates the importance of clarity, diversity, and integrity (most of the subtitle of my last book) in stressing that none of us are expert at all things or even anything, and we have to be able to trust something — presumably government — to do the due diligence. Now that he is at Harvard, I imagine he is talking more with one of my own favorite authors, David Weinberger, whose latest book is all about this point: Too Big to Know: Rethinking Knowledge Now That the Facts Aren't the Facts, Experts Are Everywhere, and the Smartest Person in the Room Is the Room.

The author's discussion of the financial ruin that Congress is bringing upon us all is illuminating. With all my reading, there is stuff here I did not know and do appreciate. Especially enlightening to me is a much deeper survey of not only how much we do in the way of subsidizing bad business that externalizes diseconomies to the public, but how FEW are the beneficiaries. The author points out that the 1% are essentially poor businessmen who have figured out how to harvest the public treasury by bribing the US Government.

A number of charts are offered throughout the book, and I like them very much. Two of these charts make the point that anti-reformers outspend reformers by 10 to 1. With respect to the financial derivatives crash, the author names names: Mark C. Brickell, Phil Gramm, Bill Clinton, and Alan Greenspan. He does not mention the Secretary of the Treasury (owned by Goldman Sachs for the last several administrations) or the Office of Management and Budget which has not known how to manage anything for a very long time.

I really like the author's bottom line and how he clearly places the responsibility on government (too little and totally lax regulation) combined with promised bailouts from the Fed and Treasury. He also explores how New York members of Congress such as Charles Schumer came to represent Wall Street. What this really means — and Joe Markowitz, one of the few minds still in government for whom I have absolute respect has said this before — is that contractors do what the government incentivizes them to do. While this does not excuse the high crimes of the financial industry, it does place the blame where it belongs: corrupt government.

Here is an astonishing fact from this book (page 83): Financial Services spend more to lobby congress and contributed more to Senate and House campaigns thatn the COMBINATION of those spending for energy, health, defense, and telecommunications.

He cites a good member of Congress, Jim Leach from Iowa, using his honest service as an example of the good that comes from NOT taking money from those you are supposed to be helping to govern. Indeed, the author stuns me in citing Dennis Thompson to the effect that Congress today is among the least corrupt Congresses in history. I find this very hard to believe given the inability to stop borrowing money we cannot pay back. I know for a fact, from Hill staff, that the standard payback for an earmark is 5%, and that the earmarks have not been eliminated, they are just hidden now in “defense support.” Evil triumphs when silence enables it.

The fall of Congress is traced by the author in part to Lyndon Johnson's going for broke on civil rights, which split the Democratic Party, and Newt Gingrich's success in raising money to take over Congress and then destroy Speaker Wright, a long sad story told in The Ambition and the Power: The Fall of Jim Wright : A True Story of Washington. It is Newt Gingrich that destroyed bi-partisanship and turned Congress into foot-soldiers for the President, which is, by the way, treason. It is the root cause of Congressional abdication of its Article 1 responsibilities. To abdicate a prescribed Constitutional responsibility is treason, in my view. Other books on the fall of Congress include Senator Coburn's Breach of Trust: How Washington Turns Outsiders Into Insiders and The Broken Branch: How Congress Is Failing America and How to Get It Back on Track (Institutions of American Democracy).

To understand the failure of Congress one must understand the corruption of the two-party tyranny, something not addressed at all by this book, for those insights I recommend Peter Peterson's Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It and Theresa Amato's Grand Illusion: The Myth of Voter Choice in a Two-Party Tyranny. I honor her by adopting her sub-title, never mind the angst it causes those who prefer fairy tales. Obama was elected by 30% of those voting, 56.4% of the eligible voters. A TEAM of Independents and excluded parties could still win in 2012, but only if we all come together in an Electoral Reform Summit that also creates a coalition cabinet in which each of the presidential candidates agrees to abide by public choice as crowd-sourcing blesses the final slate just prior to election day.

I learn that in the period up to 2004 50% of retiring Senators and 42% of retiring Representatives migrated to K Street as lobbyists. The author makes the point that apart from the systemic corruption associated with campaign finance, there is now the revolving door corruption, in which Congressmen act in Congress in such a manner as to “qualify” for “promotion” to K Street. Sickening.

As the author moves toward solutions, I am taken by his articulation of the Founding Fathers' intent in establishing checks and balances and INDEPENDENCE among the elements of government, precisely to avoid any dependency OTHER THAN on the will of the people. I am charmed by the phrase on page 130 “sophisticated constitutional architects.”

I will not summarize a very strong section on how money and systemic corruption destroy good governance, the author addresses:

01 Distraction from duty
02 Distortion of agenda
03 Lost trust of the public

Between charts and text I am fascinated to learn that Congress uses Administrative Law to extort funds from those affected. This is the flip side of how the extreme rich in the USA become so by manipulating changes in government policy (the KEYSTONE pipeline is criminally insane at multiple levels, including use of water to flush tar sands, external diseconomies running the length of the pipeline, and the aged legacy refineries being used to create products for EXPORT. We have more than enough energy in the USA, this is a rip off and Obama has sealed his servant status with his recent support for this anti-public project.

Discussing CITIZENS UNITED I am surprised to learn that the Supreme Court had a leg to stand on, the First Amendment does not speak to freedom of speech for *people* only to freedom of speech, but the author then dismantles Justice Kennedy for confusing contributors with voters, and points out that chasing contributions is completely different from chasing voters.

QUOTE (247): Our Congress is politically bankrupt.

To which I would add, and so is everything else in this country, including universities, charities, foundations, labor unions, and law enforcement, the latter prostituting itself for counter-terror funding while Mayors neglect everything else — just today the news is out that cities across America are prohibiting the feeding of the homeless.

Buy the book to understand the solutions the author proposes. I like the democracy voucher but government should not administer it (just as I am now worried about government hijacking IRAs as collateral on debt). Imagine 100 million voters giving $10 each to BigBatUSA, whose purpose is to fund a coalition cabinet and balanced budget announced in advance of election day. Game over.

QUOTE (269): We have corporate welfare because we have privately funded elections.

The author really renders a service in pointing out that $3 billion a year spent to fund honest open elections would allow for the elimination of over $90 billion in corporate welfare (I think the total is closer to one trillion including agriculture, energy, defense, intelligence, and homeland “security”).

Some of his strategies intersect with mine, but I believe mine [because I have drawn on Jim Turner (#2 to Nader for many years and much more personable), Mike Cudahey (key aide to Barry Goldwater), Jock Gill (communications specialist for Bill Clinton) and many others], are more comprehensive and coherent. I must mention that my solution called for Ron Paul, Dennis Kucinich, Rocky Anderson, Jill Stein, Gary Johnson, and Buddy Roemer to all agree to support an Electoral Reform Summit at which we would also announce that we were all running as a TEAM, with a publicly validated ticket and coalition cabinet and balanced budget announced in advance of election day. Rocky Anderson had the grace to call me, but all of the others were like deer in the headlights — beyond their ego trips, for sure. I am thinking about posting my letters (in my former status as a Reform Party candidate) to all of them — clay feet to the man and woman.

The author has been championing a Constitutional Convention for some time, and while I think it is a bridge too far, and the Electoral Reform Act of 2012 with its eleven crowd-sourced points is more than ample for cleaning house, I totally enjoy this section of the book and especially appreciate his naming several “good rich:” Arnold Hiatt, Alan Hassenfeld, Jerry Kohlberg, Edgar Bronfman Jr., and Vin Ryan; his mentioning that the greatest fear when he speaks about this is the fear of public ignorance; and his recounting of how Google under Eric Schmidt has blown it, refusing to use its powers to empower the public. [I am a huge critic of Google, as I am of Microsoft — Google is math hacks on digital garbage, Microsoft is second rate buggy heavy software long over due for being thrown out, as the universities in India have just done — they are going open source everything, and just in time.] My graphic of what Microsoft could have done to rise like a pheonix reached the new CTO who blew it off, it can be easily found by searching for < Graphic: One Vision for the Future of Microsoft >.

The author speaks briefly to the Constitutional Convention being randomly selected citizens. In support of that I suggest the reader search Amazon for books on appreciative inquiry, deliberative dialog, and collective intelligence, but I especially recommend Tom Atlee's The Tao of Democracy: Using co-intelligence to create a world that works for all, Jim Rough's Society's Breakthrough!: Releasing Essential Wisdom and Virtue in All the People, and Kevin O'Keefe's The Average American: The Extraordinary Search for the Nation's Most Ordinary Citizen.

The book ends with 42 pages of notes — this is not an opinion piece, it is a scholarly work — and I learn for the first time about WebCitation (org).

Below are three contextual disagreements I have with the author, and hope that one day we might be together at a round table. This book made my day. This book deals with reality, is authentic, and is very much in the public service.

Robert Steele
THE OPEN SOURCE EVERYTHING MANIFESTO: Transparency, Truth & Trust

First disagreement: getting money out of politics means nothing if the two-party tyranny continues to block ballot access, use gerrymandering to pick its voters, engage in ballot fraud across all fronts, undermine the Electoral College with “winner take all” hijackings of losing candidate delegates, and so on. We need an Electoral Reform Act of 2012. Watered down versions of this act have been introduced nine times, four of those times by Ron Paul. Congress has the power to demand that all states put all accredited national parties (there are eight: Constitution, Democratic, Green, Libertarian, Natural Law, Reform, Republican, and Socialist) on all state ballots for FEDERAL offices; and that candidates from all parties be included in all debates regardless of who is sponsoring the debate — if it is federal, it must be inclusive.

Second disagreement: to expect Congress (as now monopolized by a two-party tyranny driven by fund-raising and control of access to the public purse including the unconstitutional act of borrowing one third of the federal budget and creating an Administrative Law state that micro-manages what it does not understand in order to extort funds from those affects) to do anything in the public interest, is in my view delusional. Occupy had Congress worried for a couple of months but Occupy blew it. Had they occupied every Congressional home office over the holidays and demanded the Electoral Reform Act of 2012, they could have formed a public majority and accomplished far more than this author imagines in this book. But they did not.

Third disagreement: Systemic corruption — the author's signal contribution discussed throughout the book — pervades all elements of the USA. We have become a The Cheating Culture: Why More Americans Are Doing Wrong to Get Ahead as David Callahan describes it so well. I wrote “Paradigms of Failure” as a preface to one of my books, it can be found free online. There are eight major intellectual “tribes” in the USA and around the world: academic, civil society, commerce, government, law enforcement, media, military, and non-governmental/non-profit. Every single one of them is corrupt, lacking in integrity (my definition is the holistic one, I agree with the author that systemic corruption embraces good people trapped in a bad system).

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Review: Ayn Rand Nation – The Hidden Struggle for America’s Soul

5 Star, America (Founders, Current Situation), Biography & Memoirs, Consciousness & Social IQ, Culture, Research, Economics, Education (General)

Gary Weiss

5.0 out of 5 stars Ably Researched and Presented Inspection of One Side of America — the Part Without a Soul,March 20, 201

First off, this is not a “sneering” book, this is a solidly researched and ably presented inspection of Ayn Rand, key people in the Ayn Rand “movement” of Objectivism, and on balance the author is both sympathetic and critical — it takes intelligence and integrity to carry this off, those that lack either or both of these qualities should not buy the book. For the rest of us, it is a small piece of the puzzle, a small but most cogent explanation of why the 1% really do look down on the rest of us, and have neither God nor guilt about greed. HOWEVER, I must emphasize that one of the author's findings is that it is not just the 1% that buy into this whole market laissez faire posture, but a good number of the “little people” who have no idea what a philosophy can or should be.

George Soros nailed it with his essay on “My Philanthropy” subsequently a major portion of the book, The Philanthropy of George Soros: Building Open Societies. Blasting what he calls “the Enlightenment fallacy” he points out that all men are not rational, not necessarily good to one another, and not at all equipped to address the public interest in isolation.

Having seen the negative reviews, I was very pleasantly surprised right off by the author's introduction of his own book. I read a great deal — in 98 categories best understood by accessing all my Amazon reviews via category at Phi Beta Iota the Public Intelligence Blog. I was immediately put at ease — serious author, serious approach to the topic, a good plan, and an undeniable commitment to the public interest.

I have to point out that one reason I was interested in this book was because Ayn Rand is reputed to be a favorite among Tea Partiers who want less or no government, and despite the long standing conflicts between Objectivists (code for anything goes, survival of the fittest, altruism is for wimps) and libertarians (themselves so focused on Liberty they cannot get a grip on the rest of the Preamble to the Constitution of the USA, i.e. little things like general welfare, domestic tranquility, and justice. Which is to day, both the Ayn Rand People and the Libertarians — Ron Paul, I am talking to you and still waiting for a courteous answer to my two letters in January — fail on three out of four Constitutional fundamentals. So does Barack Obama! What I have learned from all of my reading and observation is that the two-party tyranny is godless and amoral, all posturing aside. Ayn Rand fits right in.

The author has done his homework–more than his homework. With due credit to biographers of Ayn Rand (this book is not a biography, it is a tour of Ayn Rand Nation as the title says) he resurrects people who were “buried” or shunned, exiled, reviled, or with great fanfare “ignored” by Ayn Rand.

I learn things I did not know in this book — her opposition to World War II (“let the Germans and the Russians kill each other off”); her favoritism toward Israel (in sharp distinction to the Libertarian ire and refusal to bow to Israeli influence) — her prediction of the 2008-2012 (and soon the 2013-2014) huge financial crash. She nailed it. Government debt in any form that is cumulative and passed off to the future will eventually destroy the nation. The author points out that no one from the Ann Rand Institute realizes she said this, and they have consequently failed to promulgate this one bit of getting it right decades in advance.

Of course Michael Lewis said the same thing in Liar's Poker, and both John Bogle and William Greider have spoken to the issue in their respective books The Battle for the Soul of Capitalism and The Soul of Capitalism: Opening Paths to a Moral Economy, and while it may be that the author goes a bridge too far in laying all of our failures of character and culture at the feet of Ayn Rand, she does seem to fill a very large hole in people's heads and souls — empty spaces without her.

What really jumps out at me as I pass the midway mark is how unethical and ignorant top figures in the upper reaches of US finance are — Henry Paulson, Tim Geithner, Ben Pernanke, John Mack, the Wells Fargo guy, etcetera. They lack intelligence and they lack integrity and they survive on being part of the club, of being reliable to the few at the expense of the many. It makes me sick to contemplate the depravity of the collective US public mind, that it cannot see these people for the charlAtans and postuRers and cheats that they actually are.

It also merits observation that the 1% are so far removed from the Ayn Rand circles as to make her a peasant on a stump, spouting ideas into the ether and completely irrelevant to what some call “deep secrecy” and the manner in which a few banking families (including those in China and Indonesia and India) manage all. This is a side show, not the main event. The named individual in US finance–as greedy and treasonous as they might be, are bit players in a much larger drama.

Throughout the book Barack Obama and his Administration are present as the anti-thesis of Objectivism, and I remind myself over and over again that it is truly a shame that what we have right now in our government is a combination of irresponsible entitlement socialism and irresponsible economic and military fascism. Only in America. Hence, absent a deep understanding of the fact that CORRUPTION is the common ingredient for the two-party system that excludes all other nationally accredited parties from the ballot, and that legalizes crime as a matter of routine (Matt Taibbi is still the best on this, see my summary review of Griftopia: A Story of Bankers, Politicians, and the Most Audacious Power Grab in American History), it is safe to say that both Objectivism and the mix of socialism and fascism now represented by Barack Obama (as the puppet in chief) are identical: amoral, atheist, and absent any coherent strategic analytic model that can actually connect to reality or project future outcomes.

As someone who has spent the past decade reflecting on the urgency of demanding BOTH intelligence AND integrity from all eight tribes at all levels (academia, civil society, commerce, government, law enforcement, media, military, and non-governmental/non-profit) I am charmed by the author's skewering of Alan Greenspan, in a chapter centered on Greenspan, Greenspan's notions of integrity (not), and how much damage Greenspan did to the US with his ignorance and lack of integrity in the holistic sense. I myself fell prey to the Greenspan myth, and while I do not go back and rewrite my reviews, there are several back a few years that I now realize were written from a less than fully informed perspective. I continue to learn, and this book is one I strongly recommend — it is about Ayn Rand Nation, but in passing, it is about what the USA is or is not. For the complete opposite, see my summary of the phenomenal book by Kevin O'Keefe, The Average American: The Extraordinary Search for the Nation's Most Ordinary Citizen.

QUOTE (235): Greenspan could seek to escape reality, but his words and his actions could not be so neatly erased. The fact was that Rand had failed. Her ideas had collided with the real world, a world in which monomaniacal selfishness is not beneficial but harmful, in which businessmen are driven by the scent of money to ast recklessly, and in which capitalism requires government oversight lest capitalist excesses hurt the financial system and society as a whole.”

The author concludes along these lines, but here I believe he misses a very important point. I continue to rate the book five stars because there are too many negative reviews that have no foundation in fact. This is a worthy book for anyone with both intelligence and integrity. It's not about capitalism and it's not about government. It's about education. Since Carnegie and Rockefeller were allowed to standardize what John Gato calls Weapons of Mass Instruction: A Schoolteacher's Journey Through the Dark World of Compulsory Schooling the USA has become an idiot nation, beating the creativity out of kids, still offering today rote instruction that is a hundred years out of date. My youngest is about to “test” out of high school after the 10th grade and spend two years working and traveling–Fairfax County has a good reputation within the nation of inattentive idiots [I certainly include myself in that group], but between its neo-Nazi zero tolerance for youthful indiscretions and its inbred mediocrity of programming, I cannot in good conscience force my son to waste his next two years in the wasteland called “high school.” We lost sight of what it means to be a citizen — a responsible citizen with an obligation to apply their intelligence at all times with integrity, irrespective of which tribe they work for…. my long-term ambition remains to that of integrating education, intelligence, and research, creating a Smart Nation, in which all the bureaucracies are euthenized, and we allow our natural creativity and deeper instincts of community to come forward.

A few other books within my limits:
Nonzero: The Logic of Human Destiny
Ecological Economics, Second Edition: Principles and Applications
The Genius of the Beast: A Radical Re-Vision of Capitalism

For a complete overview of books by others exploring both the negative and positive of our situation, search for these two lists or find them at Phi Beta Iota the Public Intelligence Blog under books; each review leads back to its Amazon page:

Worth a Look: Book Review Lists (Positive)

Worth a Look: Book Review Lists (Negative)

This book is a mirror. Look into it.

Robert Steele
THE OPEN SOURCE EVERYTHING MANIFESTO: Transparency, Truth & Trust 2

 

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Review: Need, Speed and Greed – How the New Rules of Innovation Can Transform Businesses, Propel Nations to Greatness, and Tame the World’s Most Wicked Problems

6 Star Top 10%, Best Practices in Management, Capitalism (Good & Bad), Change & Innovation, Complexity & Resilience, Culture, Research, Economics, Education (General), Information Society, Intelligence (Public), Water, Energy, Oil, Scarcity
Amazon Page

Vijay V. Vaitheeswaran

5.0 out of 5 stars Beyond 5 Stars, Quick & Dirty Bright Light of Convergence,March 20, 2012

This book was brought to my attention by Michel Bauwens, founder of the P2P Foundation and chief editor of its wiki. I follow him through Scoop.it and act instantly on his suggestions.

The ideas in this book are not new. Stewart Brand (mispelled in the index) and Paul Hawkins / Lovins were 40 years ahead of us all on co-existence, then Howard Rheingold, then Kevin Kelly and Tom Atlee, and finally J. F. Rischard and myself among many others. I link to relevant books by them below. The foundation for this book is C.K. Prahalad's The Fortune at the Bottom of the Pyramid, Revised and Updated 5th Anniversary Edition: Eradicating Poverty Through Profits, perhaps combined with Clayton Christensen and Michael Raynor'sĀ  The Innovator's Solution: Creating and Sustaining Successful Growth –the intersection of the five billion at the bottom having four times the aggregate annual income of the billion at the top, and five times the brainpower and entrepreneurial energy, is a convergence point.

Where the author gets such high marks from me is in the timing and the melding. If the rest of us have been piling up kindling ever so slowly, trying to spark a fire the hard way, one spark at a time, this author and this book are an entire matchbox cast into the middle of the tinder.

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