Capitalism (Good & Bad) – Page 29 – Public Intelligence Blog

2007/02/182009/12/04

Review: Petrodollar Warfare–Oil, Iraq and the Future of the Dollar

5 Star, Banks, Fed, Money, & Concentrated Wealth, Capitalism (Good & Bad), Complexity & Resilience, Congress (Failure, Reform), Country/Regional, Economics, Empire, Sorrows, Hubris, Blowback, Executive (Partisan Failure, Reform), Iraq, Power (Pathologies & Utilization), Survival & Sustainment

A summative work, focus on fall of dollar versus rise of euro,

February 18, 2007

William R. Clark

I was tempted to give this book only four stars, because as some reviewers suggest, it is mostly a summative work, drawing heavily on several books I have already reviewed, as well as a number of studies and article. In the end I decided to go with five stars because this is the only book I have found that really drew my attention to the turning point in US-Iraq relations: not Gulf I, but rather Iraq's declared intention to break the dollar monopoly and begin trading oil in Euros. Today of course we have Iran, Russia, and Venezuela trading in currencies other than the dollar.

First off, this is one of those rare books where in addition to carefully studying the table of contents, which is superbly devised, almost an executive summary on its own, you should also *first* read the End Notes and also the Afterword by LtCol Karen Kwiatkowski, now retired, who earned lasting recognition for resigning and challenging the lies coming out of the politically-appointed Pentagon officials.

Although this book is labeled by some (who would have us ignore it) as part of the “conspiracy” literature, I find myself reading more and more books in this vein, spanning 9-11, peak oil, corporate personality, and Wall Street-Washington corruption. I have to say, with all humility, if there is one privilege I would claim as the #1 Amazon reviewer of non-fiction, it is the privilege of stating clearly and on the record that this book, and other books in this vein, are NOT conspiracy literature, but rather the survivors, the vanguard that has avoided censorship. This book may not be perfect, it may overstate the case (personally I think Bush is as dim as Feith and did not understand the Euro issue while having a childish mind easily led by Dick Cheney), but it is part of an emerging literature that cannot be denied and must be given full attention.

The book highlights and reminds that we have lost the Republic to four interacting influences: concentrated wealth including perpeptual compounded wealth concealed in corporations improperly given personality rights; a completely corrupt Congress serving corporations rather than the public interest; the end of a free press with five media conglomerates happily practicing perception management on an ignorant and inattentive public; and a Federal Reserve that is not part of the government and not acting in the public interest, but instead creating credit out of thin air, and selling that to the government at a price that is both dear, and unconstitutional.

Having come late to much of this literature, the term “proto-fascism” was new to me, but it fits: Wall Street wealth, plus political corruption, plus a military too eager to follow orders without thinking. I remind all who care to understand a military perspective that General Smedley Butler's book, “War is a Racket,” recounts his disdain for being a an “enforcer” for corporations.

The author of this book on petrodollar warfare does an excellent job of recounting the history of the dollar, setting the stage for both the end of the gold standard under Nixon, and the manner in which petrodollars from the 1970's were recycled as loans to the Third World.

There are two really superb charts from other sources in this book, one on page 105 showing “The Lie Factory” led by Dick Cheney and Doug Feith; and another on page 112 showing the claims by Cheney and others about Iraq having Weapons of Mass Destruction (WMD), both before (of course they do) and after (none found).

Today an attack on Iran looms. I have done everything I could as an individual citizen, including a protest package to the Senate, press releases, a fax to the Chief of Naval Operations and the Commandant of the Marine Corps, and a posting at OSS.Net of Howard Bloom's memorandum on a potential nuclear ambush by Iran, and Webster Tarpley's powerpoint on the fragile ground supply line from Kuwait to Baghdad. I share his view that the Siege of Baghdad will make the Siege of Stalingrad look like mercy killings. Think Black Hawk Down times a million.

This is a very fine book. It took me a year to notice it, but I will be more attentive now. New Society Publishers is in my view a national treasure. I admire them and will look forward to reading and reviewing many more books that they publish for the right reasons: to inform citizens and improve society.

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2007/02/042009/12/04

Review: Made to Break–Technology and Obsolescence in America

5 Star, Capitalism (Good & Bad), Economics, True Cost & Toxicity

Part of a Larger Story,

February 4, 2007

Giles Slade

This is one of the best of the “toxic tech” books in current view, by no means completely original, and certainly not the whole story. It gets five stars for its niche. In relation to other books, for example, Natural Capitalism: Creating the Next Industrial Revolution; The Ecology of Commerce; The Omnivore's Dilemma: A Natural History of Four Meals; Pandora's Poison: Chlorine, Health, and a New Environmental Strategy; any of the books on Peak Oil, and the original book on the down side of industrialization, Manufacture of Evil: Ethics, Evolution, and the Industrial System it falls to a lower level.

What is most important is the emerging literature on Cradle to Cradle: Remaking the Way We Make Things We should be LEASING tools and appliances with short lives. The manufacturer should–as that literature recommends–be required to take back the discarded item, and plan for upgrades that do not require the discarding of the entire unit.

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2007/01/282009/12/04

Review: The Great Turning–From Empire to Earth Community

6 Star Top 10%, Banks, Fed, Money, & Concentrated Wealth, Capitalism (Good & Bad), Censorship & Denial of Access, Change & Innovation, Complexity & Catastrophe, Complexity & Resilience, Congress (Failure, Reform), Consciousness & Social IQ, Corruption, Democracy, Economics, Education (General), Empire, Sorrows, Hubris, Blowback, Environment (Problems), Environment (Solutions), Executive (Partisan Failure, Reform), History, Information Society, Justice (Failure, Reform), Peace, Poverty, & Middle Class, Philosophy, Politics, Power (Pathologies & Utilization), Priorities, Public Administration, Religion & Politics of Religion, Science & Politics of Science, Security (Including Immigration), Stabilization & Reconstruction, Survival & Sustainment, Technology (Bio-Mimicry, Clean), True Cost & Toxicity, Truth & Reconciliation, Values, Ethics, Sustainable Evolution, Voices Lost (Indigenous, Gender, Poor, Marginalized), War & Face of Battle, Water, Energy, Oil, Scarcity

People are the new super power–local resilience, global community,

January 28, 2007

David C Korten

I have mixed feelings about this book. It is unquestionably a five-star work of reflection, integration, and focused moral intent. On the other hand, while it introduced a broad “earth-friendly” literature that I was *not* familiar with, it does not “see” a much broader literature that I have absorbed, and so I want to do two things with this review: feature the highlights from this book, and list a number of other works that support and expand on the author's reflections for the greater good of us all.

Early highlights include the continued relevance of Dennis Kucinich and the emerging value of the Case Foundation and Revolution Health as funded by Steve Case, founder of AOL. The author posits early on the choice we have been a great unraveling and a great turning. He describes all our institutions as failing at the same time that we have unlimited potential. He concludes, as have many others, that centralized authority is not working, and suggests that we must confront that which does not work and devise new constructive alternatives (“for every no there must be a yes”).

In the middle of the book he describes the five levels of consciousness as magical, imperial, socialized, cultural, and spirirtual. I would have put socialized ahead of imperial, since the industrial era used schools to socialize us into both factory workers and conscripts for the armed forces. He concludes this section with a commentary on moral autism, which of course reminds us of nakedly amoral Dick Cheney.

The author moves toward a conclusion by pointing out that people are the new super-power, with the Internet and its many new features as the foundation for bringing people together and making people power effective.

A large portion of the middle section is a historical review of America, with its genocidal, slavery, and unilateral militant interventionist nature, and its extreme inequality now, which the literature on revolution clearly identifies (the latter, concentration of wealth) as a precurser to almost inevitable violent revolution).

The book ends with four strategic elements:

1) Awakening of cultural and spiritual consciousness
2) Resistance of the imperial empire's assault on children, families, communities, and nature
3) Form and connect communities of convergence
4) Build a majoritarian political base.

In parting notes he points out that the status of our children is the key indicator of our future, and that today one out of every two children is born into and lives into poverty (one reason why the High Level Threat Panel put poverty above infectuous disease and environmental degradation).

He ends by calling for local living economies at a human scale.

If you have the time to only read one book within the broad literatures of imagination, corporateism, and constructive prospects for the planet, this is probably that book. Below I want to a list quite a few that support this author's thesis, and for which I have provided a summative as well as an evaluative review within these Amazon pages:

The Corporation
WALMART-HIGH COST OF LOW PRICE (DVD/FF/FR-SP-SUB)
Confessions of an Economic Hit Man
Rogue Nation: American Unilateralism and the Failure of Good Intentions
Rule by Secrecy: The Hidden History That Connects the Trilateral Commission, the Freemasons, and the Great Pyramids
Rule by Secrecy: The Hidden History That Connects the Trilateral Commission, the Freemasons, and the Great Pyramids
The Sorrows of Empire: Militarism, Secrecy, and the End of the Republic (The American Empire Project)
War Is a Racket: The Anti-War Classic by America's Most Decorated General, Two Other Anti=Interventionist Tracts, and Photographs from the Horror of It
The One Percent Doctrine: Deep Inside America's Pursuit of Its Enemies Since 9/11
Vice: Dick Cheney and the Hijacking of the American Presidency

See also:
Fog Facts: Searching for Truth in the Land of Spin
Lost History: Contras, Cocaine, the Press & ‘Project Truth'
“The Landscape of History: How Historians Map the Past”
Imagine: What America Could Be in the 21st Century
The Cultural Creatives: How 50 Million People Are Changing the World
The Tao of Democracy: Using Co-Intelligence to Create a World That Works for All
The Change Handbook: The Definitive Resource on Today's Best Methods for Engaging Whole Systems
Deep Economy

There are many more should you wish to explore via my categorized lists, but the above both lend great credence to the author of this single book, and expand considerably on the reflections that he has distilled into this one book.

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2007/01/282009/12/04

Review: One from Many–VISA and the Rise of Chaordic Organization

5 Star, Capitalism (Good & Bad), Change & Innovation, Consciousness & Social IQ, Information Society, Intelligence (Collective & Quantum), Intelligence (Commercial), Intelligence (Public)

Innovative Capitalism,

January 28, 2007

Dee Hock

Edit of 30 Dec 07 to add comment and links.

New comment: something big is happening, in both politics and business. Moral green open transparent memes are in overdrive. See links.

I read a lot, a solace and a life line out of the madness of today. I finished up my week-end with this most unusual gem, and it is with some emotion that I put it down and take the time to write this review.

In my lifetime, there have been fewer than four individuals able to understand me and manage me, and Dee Hock now joins that number, sight unseen. This is one of the *good guys*! If he and Bill Bradley and Jim Turner (Transpartisanship) can come together, we can remake the world.

The book benefits from a Foreword by Peter Senge, who notes that VISA as it emerged was a disruptive concept that threatened traditional powers. Senge also notes the importance of distinguishing between enabling technologies, such as the Internet, and what is enabled, such as democracy or equitable wealth creation and sharing. Finally, Senge observes that global complexity requires distributed democracy, to which I and the author would both be quick to add: “and moral capitalism.”

The book is at root about the failure of all of our instititutions, and the need to find a third way between over-bearing centralization and anarchic decentralization. The author coins the word “chaordic” to deswcribe an even-handed and often-changing balance between the two.

Dee Hock is a philosopher-king, and I am reminded of “Voltaire's Bastards” and “Consilience” as I read his denouncement of the Western concept of separability and his own understanding that complexity is about never-ending and alway-changing relationships. In one example with the US Army, he explores how rules-based organizations waste 45-85% of the time and value of their employees. He specifically notes that human ingenuity is the ultimate resource and is abundant, but too often constrained if not crushed by schools, armies, corporations, and so on.

The author's morality shines forth as he describes non-monetary exchanges of value as the best possible foundation for what others call reciprocal altruism. At one point he observes that “leadership is not necessarily constructive, ethical, or open.”

The entire book is about the creation of an organization in which participation is the primal element, agreement is dynamic, and trust and tolerance are the prevailing values. He states that organizational heaven is purpose, principle, and people. Purgotory is paper and procedure. Hell is rule & regulation.

He realizes early on that fraud and theft are major challenges, and that information is, as he quotes Gregory Bateson, “a difference that makes a difference.”

I have a big note: this is a smart, ethical, practical, inspiring person–one of the good guys!

The author is deeply and empathetically aware of the discord between our industrial era understandings and perceptions, and the bio-cultural realities of the Earth and all its processes. He sees clearly what the “true cost” or natural capitalism literature seeks to teach.

A line jumps out, in which the author is lamenting that we have such a wealth of information, yet have drifted into “collective madness.”

He clearly sees that our current form of predatory immoral “bandit” capitalism specializes at the socialization of cost and the capitalization of gain, which is fancy wording for looting the commons and stealing the profit. He also points out that we are putting the debt on to future generations.

He clearly describes the current form of corporations as inimical to the commons.

The book concludes strongly, lionizing the will to succeed when joined with the grace to compromise, placing VISA on a par with the Internet and LINUX as an organizational model for the future, and noting that growth comes from failure.

On page 284 he lists the following ten attributes from a living organization in Spain that represents the best of the chaordic model:

01 Open membership
02 Democratic organization
03 Worker sovereignty
04 Instrumental subordinate nature of capital
05 Participation in management
06 Wage solidarity
07 Cooperating between cooperatives
08 Social transformation
09 Universal nature
10 Education (he might have added, life-long, unconstrained, free of the prison-rote we now suffer, and teaching sharing as well as learning)

He ends with the story of his recall from his wanderings in the wilderness, to explore examples, models, the intellectual foundation, and organizations by which we might save the Planet and our species, to include the necessary means of mind-crafting for the future.

I actually had goose-bumps as I put this book down. I felt, very strongly, that I had been within the aura of a great leader, a gentle person, a world-class humanitarian, a capitalist Dalai Lama if you will (don't laugh–this author strikes me as quite amazingly special).

I cannot say enough about this book. It joins the very short list of books I have posted on moral leadership through open source intelligence, and it places Dee Hock up there with Buckminster Fuller, Margaret Wheatley, Robert Buckman, and a tiny handful of Senge's and Druckers.

I hope I meet him one day. Right now, he joins Bill Bradley as one of just two people I'd be willing to leave my mink-lined bunker to follow into battle. This book and this author's mind and clarity of communication have simply blown me away.

See the two images I have loaded here to illustrate concepts that I share with this author. You can see other images at Earth Intelligence Network, where you can also use the Amazon Base Page to get access to my 30 lists of books for each of the ten threats, twelve policies, and eight challengers. I am also creating Amazon discussion pages for each of these.

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2007/01/272009/12/04

Review: When Corporations Rule the World

5 Star, Banks, Fed, Money, & Concentrated Wealth, Capitalism (Good & Bad)

Pinnacle of the Negative Consequences of Corporate Impunity,

January 28, 2007

David C Korten

Others have done well at addressing the strengths of this book, what I can do is bring to bear a few links to other books that deeply support this author and his views.

We must begin in the 1970's, when Richard Barnett in Global Reach and others first began to understand that corporations were amoral, disconnected from communities, and beyond what Kirkpatrick called “human scale.” Joining the authors focusing on multinationals as a unique new breed of corporation were authors such as Lionel Tiger, whose book Manufacture of Evil: Ethics, Evolution, and the Industrial System remains a standard. The industrial era disconnected kinship and community from the manufacturing process, and trust was a casualty (a thesis confirmed in the 1990's when a Nobel Prize was awarded for a man who proved that trust lowers the cost of doing business).

Now we have an entire new literature on how corporations have abused the personality status intended for freed slaves, and been largely freed from all accountability and transparency. Books like The Informant: A True Story and Conspiracy of Fools: A True Story and the books about Wal-Mart, Enron, and Exxon, all support the concerned premise of this author.

Corporations have created a global class war (see the books by that title), and have compromised virtually all governments. Corporations have bought the US Congress (see 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); they have compromised national, state, and local social safety networks and standards, they have enhanced the power for 45 dictators world-wide, and they have bribed or created and then bribed elites in virtually every country on the planet so as to loot the commonwealths of those nations with the permission of the elites and against the public interest of the larger population.

Corporations do not rule the world, they are killing the world, and as one wag whose name I cannot recall has said, those doing the killing have names and addresses. Hence this book is a natural lead in to the author's latest work, The Great Turning: From Empire to Earth Community (Bk Currents) which I am also reviewing today.

There are *many* books on the evil of unfettered corporations, if I were to recommend only two, they would be Barnett's “Global Reach” for historical context, and this one for the current threat. I also recommend the DVD, The Corporation

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2007/01/102009/12/04

Review: The Myth of Progress–Toward a Sustainable Future

Atlases & State of the World, Capitalism (Good & Bad), Complexity & Catastrophe, Complexity & Resilience, Disaster Relief, Economics, Science & Politics of Science, Strategy, Survival & Sustainment, Values, Ethics, Sustainable Evolution

Amazon Page

End of Immoral Capitalism, Rise of Sustainable Societies,

January 10, 2007

Tom Wessels

I pulled this book from my waiting stack after reviewing Vice: Dick Cheney and the Hijacking of the American Presidency While all that we do wrong is rooted in corrupt politics such as Dick Cheney represents so well, I wanted to get away from the personalities and focus on the underlying truths of the greatest challenge facing all of us, preserving the planet for future generations.

This thoughtful careful author from New Hampshire has created a really special book, small, readable, and packed with fact (superb footnotes). He gives all due credit to his predecessors in the field–Georgescu-Roegen, Meadows, Dalay, Hawken et al.

He brings out the nuances of complex systems and how our linear reductionist thinking, and our false assumption that technology will resolve our waste creation and earth consumption issues, combine to place all that we love at risk. I was personally surprised to learn that even if we fund 100 water desalination or decontamination plants, and resolve our shortfalls of clean water, that the energy required to do so would result in entropy and further losses.

The author brings up the need for better metrics (see my reviews of “Ecology of Commerce” and “Natural Capitalism” as well as my list on “True Cost” readings. He points out that the GDP does not reflect the non-cash economy or the degree of equality/inequality in the distribution of new wealth. I would add to that the importance of counting prisons and hospitals as negatives rather than positives.

A good portion of the book (a chapter for each) is spent discussion the three fundamentals: the limits to growth; the second law of thermodynamics (entropy); and the nuances of self-organization and what happens when you reduce diversity.

The author lists the attributes of complex systems as being emergent properties that arise from the interactions (i.e. the space between the objects); self-organization, nestedness, and bifurcation into either positive or negative consequences.

The bottom line for the first part of the book is that in complex systems, especially complex systems for which we have a very incomplete and imperfect understanding, “control” is a myth, just as “progress” is a myth if you are consuming your seed corn.

The author excels at a review of the literature and demonstrating the flaws of economic theories that are divorced from reality and the “true cost” of goods and services (e.g. a T-shirt holds 4000 liters of virtual water, a chesseburger 6.5 gallons of fuel).

I have reviewed a number of books on climate change, in this book the author makes the very important point that the annual cost of weather disasters has been steadily increasing, and is the annual hidden “tax” on our reductionist approach to clearing the earth, losing the forests and mashlands, and so on.

He points out that concealing or ignoring true cost does not make it any less true, it simply passes the cost on to future generations. In the same vein he is optemistic in that he believes that if we take positive action now, however small, the benefits of that action as the years scale out, will be enormous.

This is actually an upbeat book for two reasons: first, it makes it crystal clear that the classical economics that have allowed corporations to pilage the world, bribe dictators and other elites, and generally harvest profit at the expense of the commonwealth; and second, it ends on a note of hope, on the belief that we may be approaching a dramatic cultural shift that embraces reciprocal altruism, true cost calculations, equitable wealth distribution, and so on.

He cites other authors but gives very positive insights into public ownership (by stakeholders, not the government), essentially repealing the flawed court-awarded “personality” of corporations, and re-connecting every entity to its land-base and the people it serves. He recommends, and I am buying, David Korten's “Post-Corporate World.” By restoring the populace to the decision process, we stamp down the greed that can flourish in isolation.

The book ends hoping for a cultural shift from consumption to connection. I believe it is coming. Serious games/games for change, fed by real-world real-time content from public intelligence providers including the vast social networks from Wikipedia to MeetOn to the Moral Majority, could great a wonderfully distributed system of informed democratic governance that implements what I call “reality-based budgeting,” budgeting that is transparent, accountable, and balanced.

This is a much more important book than its size and length might suggest. It is beikng read by and was recommended to me by some heavy hitters in the strategic thinking realm, and I am disappointed at the lack of reviews thus far. This book merits broad reading and discussion.

2007/01/042011/10/22

Review: The Naked Capitalist

5 Star, Banks, Fed, Money, & Concentrated Wealth, Capitalism (Good & Bad), Economics

Amazon Page

Essential Pre-Cursor to Quigley's “Tragedy & Hope”,

January 4, 2007

Cleon Skousen

Despite the considerable reading that I do, it was most helpful to have this book as both a capstone to reading Quigley's Tragedy & Hope: A History of the World in Our Time, and as a form of Cliff's Notes. While I am an estranged moderate Republican and shy away from those that have been too close to the extremes of either left or right, this is a sensible book, and it earns five stars on its merits.

The single most important contribution this book makes, at least for me, is in its discussion of the manner in which tax-exempt foundations are used to conceal and protect wealth from taxes, and to reward corrupt politicians who “went along.”

Lest the more conventional readers dismiss the reviewer comment below about wars being about profit, about lending money to both sides and arbitraging the instability, I would point quickly to Smedley Butler's War Is a Racket: The Anti-War Classic by America's Most Decorated General, Two Other Anti=Interventionist Tracts, and Photographs from the Horror of It. General Butler was one of the most decorated Marines in history, and in his book he publicly denounces the role of the Marine Corps as an enforcer for the US banks. Then of course you have Confessions of an Economic Hit Man which I judge to be 15% fluff and 85% raw gold substance.

So there you have it–books like this are now entering the consciousness of the middle class, and with Lou Dobbs leading the pack, the middle class is beginning to rouse from its passive acceptance of elitist screw jobs on Congress, the White House, the economy, the military, and the poor. We *are* farm animals from whom profit is being harvested, and we will remain farm animals for so long as we fail to read and think and discuss and demand.

I end by urging one and all to join Reuniting America, and demand Electoral Reform as the one non-negotiable expecation from the current Congress and before November 2008.

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