Review: The Hidden Wealth of Nations

6 Star Top 10%, Best Practices in Management, Capitalism (Good & Bad), Change & Innovation, Civil Society, Complexity & Resilience, Consciousness & Social IQ, Democracy, Education (General), Education (Universities), Games, Models, & Simulations, Intelligence (Collective & Quantum), Intelligence (Public), Intelligence (Wealth of Networks), Nature, Diet, Memetics, Design, Peace, Poverty, & Middle Class, Philosophy, Politics, Security (Including Immigration), Survival & Sustainment, Voices Lost (Indigenous, Gender, Poor, Marginalized)
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5.0 out of 5 stars Beyond 5 Stars, a Cornerstone Book, Most Extraordinary Strategic Depth
June 30, 2010

David Halpern

Amazon has recently been allowing longer reviews by inserting a “Read More” line and I hope this entire review is allowed to stand. It will also be posted to Phi Beta Iota the Public Intelligence Blog, with links back to Amazon.

This is a Beyond Five Stars book. Although there is a fine literature emerging on collective intelligence and wealth of networks–and there is an increasingly robust Open Money movement that also includes local communities currencies that keep the wealth local–this book does something no other book has done–it connects economics to humanity and reality and the intangibles in all their forms.

This is not a book about underground economies, barter systems, alternative currencies, etcetera. It is one of the most profoundly relevant, erudite yet easy to read books I have ever read, with a direct bearing on every aspect of human life, and in particular the role of government as it should be.

The author specifically quantifies the financial and intangible value of “getting along” and being part of deep interconnections that define, drive, and develop (or not) the hidden wealth of nations.

The author has provided an extraordinarily well-organized book with a well-presented series of chapters that left me with so many flyleaf notes I fear I will not do the author and the intellectual tour de force he has provided, quite enough justice. Buy and read the book. Tell elected and appointed leaders about it–or send them a copy of this review. [I am stunned that there are no other reviews as this book was published in 2009.]

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Review (Guest): Power Hungry–The Myths of “Green” Energy and the Real Fuels of the Future

5 Star, Capitalism (Good & Bad), Complexity & Catastrophe, Crime (Corporate), Crime (Government), Economics, Water, Energy, Oil, Scarcity
Amazon Page

Author Robert Bryce

92 of 93 people found the following review helpful:
5.0 out of 5 stars Nutrition Action for Energy Appetites,
 April 16, 2010
By  Jon Boone (Oakland, MD USA) – See all my reviews
(REAL NAME)

With Power Hungry, energy journalist and Austin apiarist Robert Bryce marshals lots of accurate numbers in context to make plain how modern culture exacts power from energy to save time, increase wealth, and raise standards of living. He also dispenses common sense to citizens and policy makers for an improved environment, a better, more productive economy, and more enlightened civil society. Inspired by the environmental economics of Rockefeller University's Jesse Ausubel and the University of Manitoba's prolific Vaclav Smil, he makes the case for continuing down the path of de-carbonizing our machine fuels–a process begun two hundred years ago when we turned from wood to fossil fuels and huge reservoirs of impounded water. As the world's population continues to urbanize, people will inevitably demand cleaner, healthier, environmentally sensitive energy choices.

Today, the world uses hydrocarbons for 90 percent of its energy, getting a lot of bang for its buck. Bryce offers convincing evidence that, over the next several generations, particularly since broad energy transformations require much time and financial investment, relatively cleaner burning natural gas will provide a bridge to pervasive use of nuclear power–” the only always-on, no-carbon source than can replace significant amounts of coal in our electricity generation portfolio.” And if nuclear ultimately becomes the centerpiece for the electricity sector, which constitutes about 40 percent of our total energy use, this development would accelerate the de-carbonization of the transportation and heating sectors as well.

His narrative transcends the current climate change debate. He thinks the evidence on either side is equivocal, at best provisional, and, even if it could be proven conclusively that humans were responsible for precipitously warming the earth by producing a surfeit of carbon dioxide, there is little that could be done about the situation now that would be consequential or practical, except embrace imaginative adaptation approaches.

Bryce organizes his ideas around four interrelated “Imperatives” that serve as a prime motif for human history and explain much contemporary circumstance: power density, energy density, scale and cost. He shows that, although energy is the ability to do work, what people really crave is the ability to control the rate at which work gets done–power. Performing work faster means more time to do something else. This begets an appetitive feedback loop, where more power unleashes more time to produce more power. As the scale of this process increases, costs are reduced, making what power creates more affordable.

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Review (Guest): Gusher of Lies–The Dangerous Delusions of Energy Independence

5 Star, Capitalism (Good & Bad), Complexity & Catastrophe, Crime (Corporate), Crime (Government), Economics, Water, Energy, Oil, Scarcity
Amazon Page

Author Robert Bryce

25 of 26 people found the following review helpful:

5.0 out of 5 stars Energy Independence, Alchemy and Perpetual Motion, September 23, 2008
By  Scrutinizing Consumer (Los Angeles, CA) – See all my reviews
(VINE VOICE)   

“A Gusher of Lies” is a must-read for those wanting the cold, hard facts on the current state and future prospects of worldwide energy dynamics. Written by Robert Bryce, a fellow at the Institute for Energy Research and energy journalist and author for the past twenty years, “Gusher of Lies” is meticulously researched and footnoted (60+ pages of bibliography and references). It relies on numerical facts, realistic forecasts and opinions of key members of the scientific community to dispel any notion that the United States will ever achieve “energy independence” until another energy source/application, that does not currently exist, is invented. The alarming truth is the United States, along with every other developed country on the planet, are inexorably dependent on fossil fuels and will be for the foreseeable future.

While looking at the numbers, one should ask how “energy independence” has become such a dominant theme. Is it because the Middle East is evil and wants Westerners dead? Perhaps. Perhaps not. The oil behemoths of the Middle East need the West as much as, if not more than, we need them. Oil makes up ~7% of total U.S. imports but accounts for between 65 and 95 percent of Persian Gulf exports, depending on the nation. In the long term, economics tend to supplant all other factors. To claim energy independence will significantly reduce terrorism is a contrivance. While there is no denying that some Middle Eastern players have been linked to Islamic fundamentalists, most terrorist organizations are low-tech in nature and don't need oil dollars. Their financing has been found to come from drugs, human trafficking, weapons trading and other criminal activities. The cost to finance terrorist operations is a rounding error compared to the $5 trillion in annual energy revenues. Not to mention other, rapidly expanding economies will happily buy up much of what the U.S. doesn't in their laser-focused goal to enjoy what the U.S. has for many decades.

Why aren't politicians and special interests clamoring for semi-conductor independence? Semiconductors are also a vital commodity, yet the U.S. imports ~80% of its total semiconductor needs compared to ~60% for oil. The U.S. is also dependent on others for many other crucial commodities – manganese for making steel (100% imported), bauxite for making aluminum (100%), graphite (100%), platinum (91%), tin (88%), titanium (85%)… The list of dependencies goes on and on. So why have so many people latched on to “energy independence” when a brief examination of worldwide energy sources and demand would reveal the absurdity of such a goal in a globally interdependent world? The answer might be found in the term, “energy independence” itself. In the year 2000, a news data base, Factivia, that tracks the use of terms and phrases in major periodicals counted 449 total stories using the phrase. Since 9/11, the use of the term has risen exponentially. In 2006 the term was used in 8,069 stories. Power misers (no pun intended) and others seeking to influence behavior of the masses are always looking for issues that will appeal to, and even manipulate, people's emotions. It is worth mentioning that since “Gusher of Lies” was published in March 2008 the use of the phrase “Energy Independence” has dwindled and been altered. If one listens closely, phrases like “CLOSER to energy independence” and similar semantically adjusted phrases have become more common.

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Review: Surviving the Toxic Workplace–Protect Yourself Against Coworkers, Bosses, and Work Environments That Poison Your Day

5 Star, Capitalism (Good & Bad), Civil Society, Consciousness & Social IQ, Culture, Research, Leadership, Power (Pathologies & Utilization), Values, Ethics, Sustainable Evolution, Voices Lost (Indigenous, Gender, Poor, Marginalized)
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5.0 out of 5 stars Worst Case Stories, Depressing, But Relevant, May 6, 2010

Linda Durre

Disclosure: the publisher sent me this book after asking for permission to do so, and I agreed to read and review the book. Then I got a job that took me overseas and I am just now catching up with my commitment on this specific book.

First off, this is the most comprehensive treatment I have ever seen and the typology that the author developed is very–VERY–scary on multiple levels, including recognizing myself in multiple categories including Socially Clueless, Angry, Rescuer, and Obsessives. Bummer.

I found the book absorbing. Although each “chapter” is really closer to a four-page blurb, there is nothing wrong with the typology, the substance, or the intentions of this book.

At best it should make most people grateful they do not work in a toxic environment. At worst it could be a wake-up call for those who have put up with extraordinary abuse, have come to think of it as normal, and might find this checklist approach to toxic environments helpful.

For me the best part of the book was the end where the author itemizes a number of class action law suits that have led to big wins for some groups, but sadly only have decades of litigation and decades of loss.

The stark reality is that both governments and corporations have forgotten that their mission includes the nurturing of their employees and the communities that host their offices. Ethics has gone down the tubes, and corruption at all levels is the norm. From where I sit, the healthiest route right now is to simply disconnect, move to Seattle, or Portland, or Alaska, and start over. If on the other hand you are a CEO, are being “born again” and want to get it right, then this book is a good introduction to the professional that can help your company get back on the right side of goodness.

Some other equally depressing books:
Rage of the Random Actor: Disarming Catastrophic Acts And Restoring Lives
The Cheating Culture: Why More Americans Are Doing Wrong to Get Ahead
Screwed: The Undeclared War Against the Middle Class – And What We Can Do about It (BK Currents (Paperback))
The Working Poor: Invisible in America
The Global Class War: How America's Bipartisan Elite Lost Our Future – and What It Will Take to Win It Back

On the bright side:
Nonzero: The Logic of Human Destiny
Emergence: The Shift from Ego to Essence
Reflections on Evolutionary Activism: Essays, poems and prayers from an emerging field of sacred social change
Revolutionary Wealth
Collective Intelligence: Creating a Prosperous World at Peace

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Review (Guest): Government of the Shadows–Parapolitics and Criminal Sovereignty (Paperback)

5 Star, Banks, Fed, Money, & Concentrated Wealth, Capitalism (Good & Bad), Empire, Sorrows, Hubris, Blowback, History, Impeachment & Treason, Intelligence (Government/Secret), Military & Pentagon Power, Misinformation & Propaganda, Peace, Poverty, & Middle Class, Politics, Power (Pathologies & Utilization), Security (Including Immigration), Strategy, Survival & Sustainment, Threats (Emerging & Perennial), True Cost & Toxicity, Truth & Reconciliation, United Nations & NGOs, Values, Ethics, Sustainable Evolution, Voices Lost (Indigenous, Gender, Poor, Marginalized)
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Review by Guido G. Preparata (Rome, Italy)

5.0 out of 5 stars Innovative and courageous social science

June 8, 2009

Eric Wilson and Tim Lindsey (eds)

In this recent volume by Pluto Press, Eric Wilson (Monash University) has assembled an all-stars team of politologists with the objective of changing the face of social analysis. This effort stems from the urgency to redefine the conceptual spaces within which we perforce corral our daily experience as citizens of what has become, in fact, an international polity of overwhelming, as well as highly disquieting, complexity. This is not at all to say, however, that the project limits itself to adding “epicycles,” as it were, to the Ptolemaic vulgate of British constitutionalism–i.e., the standard model of the “Liberal State”–which has imposed itself as the sole lens through which one is to contemplate the social dynamics for every single political reality of this world.

Government of the Shadows (GOS) represents in this regard an honest and brave swerve away from the mainstream in two fundamental respects.

First, it wishes to rethink political science entirely, by rejecting definitively the puritanical dichotomization of society into its predominant and “clean” edifice versus the latter's more or less corrupt “covert netherworld” (p. 228)–the prescriptive implication of conventional analysis being that delinquents need only be jailed, and their activities repressed, as the given regime is in the meantime steered (hopefully) toward the eventual and complete assimilation of Liberal institutions, which will naturally cure it of the criminal deviancy.

Second, and no less important, this project seeks to re-endow the movement for social justice of a unity of intent and of thought, which has lately been shattered by an excessive methodological preoccupation with multiplicity and diversity. By denouncing with reason and cogency the inequities suffered by a majority of innocents–throughout our recent history and all over the world–at the hands of identifiable, responsible parties within the power apparatuses in connivance with the world's mafias, and by ordering all such phenomenological mass into theory, this book, as a collective endeavor, acts as a vigorous reminder that realistic sociological analysis is also very much an instrument of pacific dissent. In this sense, GOS stands as a first and decisive installment of a modern anti-oligarchic theory.

To compass the reality of modern power games in its full spectrum, GOS innovates by proposing the new discipline of “parapolitics,” defined in Robert Cribb's introductory as “the study of criminal sovereignty, of criminals and sovereigns behaving as criminals in a systematic way” (p. 8).

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Review: Comeback America–Turning the Country Around and Restoring Fiscal Responsibility (Hardcover)

3 Star, Banks, Fed, Money, & Concentrated Wealth, Budget Process & Politics, Capitalism (Good & Bad), Complexity & Catastrophe, Congress (Failure, Reform), Corruption, Crime (Corporate), Crime (Government), Economics, Electoral Reform USA, Empire, Sorrows, Hubris, Blowback, Executive (Partisan Failure, Reform), Intelligence (Wealth of Networks), Politics, Power (Pathologies & Utilization), True Cost & Toxicity, Truth & Reconciliation, Values, Ethics, Sustainable Evolution, Voices Lost (Indigenous, Gender, Poor, Marginalized)

3.0 out of 5 stars Ten Years Late, More Whimper than Roar

February 7, 2010

David Walker

I was watching David Walker as he served nine of his fifteen years at Comptroller General, with light-weight whimpers to Congress until he finally got Peter Peterson to bail him out of government and give him a chunk of cash for making movies and writing a book and creating a web site that very few serious under 40 pioneers pay attention to.

I was thrilled to see him tell Congress in 2007 that the US was bankrupt–both Senator McCain and Senator Obama could have cared less–and so he walked quietly back to his holding cell at the General Accountability Office (GAO).  His “loyalty” to impeachable masters is just as troubling to me as the loyalty of our military leaders during the neo-con rampage.

This book loses one star for the publishers arrogance and ineptitude in failing to use all of the tools Amazon provides, so that readers like myself who read a great deal and do not buy books on whim, can actually look at the table of contents. If you want a sense what the author has to say, see the Wikipedia page on the US Federal Budget where the author's fingerprints are elegantly visible.

If and when the publisher acts more responsibly and provides Look Inside the Book information as well standard entries via Amazon Advantage (about the book, about the author, editorial reviews), I will buy the book, read it, and review it.

The book loses a second star for being wildly praised by all the unethical losers that got us into this mess in the first place by sacrificing their ethics and selling the two party system out to Wall Street. Bill Bradley in particular is a major disappointment, he slunk off to Allen and Company where George “Slam Dunk” Tenet is also in hiding, and they have profited handsomely for betraying the public trust for over a decade. Edumund Burke said “The only thing necessary for the triumph of evil is for good men to do nothing.” Even better is the following from Chief Justice Louis Brandeis:

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Review: Measuring Globalisation–Gauging its Cosequences (Paperback)

5 Star, Banks, Fed, Money, & Concentrated Wealth, Capitalism (Good & Bad), Civil Society, Economics
Amazon Page
5.0 out of 5 stars Core Reference Note Social versus Economic Gap
January 26, 2010
Axel Dreher

The paperback is cheaper and recommended over the hardcover, but for decidiing to buy purposes, visit the hardcover to use Inside the Book to examine the Table of Contents and other sample views. For some reason Amazon does not transfer Inside the Book the way they do reviews between hard and soft cover issues of the same content.Measuring Globalisation: Gauging Its Consequences

The web site is really rich in resources and free, recommend a look there as well.

Good news: over time, social globalization (e.g. the spread of the Interent and information access) has increased.

Bad news: it is no longer keeping pace with financial globalization (probably because finance is phantom wealth, as in derivatives) and it is leveling off. What most do not realize is that Human Capital is the only inexhausitble resource we have, and scoial globalization is how we leverage all human minds all the time.

Capitalism today, completely apart from the predatory immoral aspects and the outright fraud of Wall Street and especially Goldman Sachs, Citi-Bank, and Morgan, is focused on the one billion rich whose total economy is one trillion a year. As C. K. Prahalad has so brilliantly pointed out in The Fortune at the Bottom of the Pyramid, the five billion poor have an annual gross income of four trillion dollars a year, and capitalism is ignoring them.

When combined with the infinite wealth creating potential attendant to empowering the poor, see such books as The Wealth of Networks: How Social Production Transforms Markets and Freedom and Out of Poverty: What Works When Traditional Approaches Fail (BK Currents (Paperback)), the future of humanity would appear to demand a redirection of capitalism and an inversion of our focus on the poor as assets rather than liabilities.

For 1500 other reviews sorted into 98 non-fiction categories, visit Phi Beta Iota the Public Intelligence Blog. All book reviews lead back to their respective Amazon page, they are simply easier to browse in a coherent fashion there (Amazon has refused for years to implement this and many other suggestions).

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