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Michel Bauwens: Trending Now, Ethical Economics
Advanced Cyber/IO, Collective Intelligence, Commercial Intelligence, Communities of Practice, Cultural Intelligence, Ethics, Policies
Ethical Economy is trending now.
Core Concept: “That a generalized, technology-enhanced capacity for manifold cooperation has become the main productive force means that there is no longer any contradiction between ethics and economics. On the contrary, the ethical ability to open up to and share with others has become the most fundamental quality of a successful economic agent.”
Socio-Political Implications: This also means that the old models for institutionalizing ethics and economics, representative democracy and private property are becoming obsolete. Politics is no longer a separate practice, best handled by expert politicians. On the contrary the basic political practice of constructing a common social world, an ethical surplus has become a fundamental aspect of economic production. A brand community is like a social movement, open source is a political program, and a self-managed slum or a cooperative micro-credit system is also a project for a different political order.
Michel Bauwens: Moody’s Analyst on Core Corruption
03 Economy, 07 Other Atrocities, 11 Society, Commerce, Corporations, Corruption, Money, Banks & Concentrated Wealth, Power Behind-the-Scenes/Special InterestsDan Gillmor originally shared this post:
Wow. Henry Blodget has discovered and pulled out incredible stuff from a document filed with the SEC by a former senior employee at Moody's, one of the big-3 securities ratings agencies.
Moody's is partly owned by a company in which I've owned stock for many years: Warren Buffett's Berkshire Hathaway. Buffett has consistently defended Moody's (and the sleazy Goldman Sachs, another big BRK investment) with feel-good non-answers to serious questions. I'm increasingly disenchanted with Buffett, and that's one of the main reasons why.
A former senior analyst at Moody's has gone public with his story of how one of the country's most important rating agencies is corrupted to the core.
The analyst, William J. Harrington, worked for Moody's for 11 years, from 1999 until his resignation last year.
From 2006 to 2010, Harrington was a Senior Vice President in the derivative products group, which was responsible for producing many of the disastrous ratings Moody's issued during the housing bubble.
Harrington has made his story public in the form of a 78-page “comment” to the SEC's proposed rules about rating agency reform, which he submitted to the agency on August 8th. The comment is a scathing indictment of Moody's processes, conflicts of interests, and management, and it will likely make Harrington a star witness at any future litigation or hearings on this topic.
See Also:
Review: Griftopia–Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America
Who’s Who in Public Intelligence: Steven Howard Johnson
Alpha I-L, Public Intelligence
Social Entrepreneur 1996 – Ongoing
Author, Integrity at Scale: Big Answers for America’s Challenges, book manuscript, presently available at www.IntegrityAtScaleBlog.com. Today’s United States is not a competent nation. Yesterday’s civic habits are insufficient for today’s major challenges. America requires a redesign revolution and hasn’t the slightest idea how to begin. Integrity at Scale lays out a path toward competence that is independent of political ideology.
Social Security Reform Websites. Created two websites to help users understand Social Security’s long-range solvency challenges, www.sscommonsense.org and www.simcivic.org. The second website featured a java-based solvency model. These websites remain relevant and are retained for archival value.
Continue reading “Who's Who in Public Intelligence: Steven Howard Johnson”
Vishal Singh: Free Collaboration/Project Management
Worth A LookDear Phi Beta Iota Reader:
Would you be interested in trying out our project collaboration platform? Please try BootStrapToday, to collaborate different teams (software dev/testing), projects, clients and all the resources working on the project.
Features include
- Online Project Collaboration
- User & Project Dashboad
- Ticket Management System
- Milestones
- Document & Code Management
- Project Charts
- Time Tracking
- Wall
- Calendar
- Activity Stream
- SSL
- Support
I am sure it will increase the productivity & efficiency of your team. You & your team can sign-up on BootStrapToday for FREE.
Need a demo on the project collaboration platform or any relevant information regarding BootStrapToday? Connect with me on skype-bootstraptoday1
Best Wishes,
Vishal Singh
Pune, MH, India
Winslow Wheeler: Leon Panetta Misleads Public
10 Security, 11 Society, Civil Society, Corruption, DoD, Government, IO Deeds of War, Military, Officers Call, Peace Intelligence
Secretary of Defense Panetta used an invitation to the National War College as an opportunity to lobby against cutting the defense budget more than the $350 billion he has already agreed to. In the absence of any informed or probing questions, Panetta's extreme rhetoric has also oozed into new Washington DC hysteria resulting from reports about a new round of Pentagon budget cuts. Even the most severe version of the cuts being bandied about would leave DOD quite flush with money in historic terms.
These are the themes in a new piece, “Elitist Tripe on Defense Spending,” at AOL Defense.
The invitation came to me from Secretary of Defense Leon Panetta's public affairs office to attend a “conversation” with Panetta and Secretary of State Hilary Clinton at the prestigious National Defense University in Washington. Although I knew it wasn't me they wanted to talk to, I sat in the audience to hear Panetta and Clinton in action, especially on the subject of my prime interest: the defense budget.
Continue reading “Winslow Wheeler: Leon Panetta Misleads Public”
Arno Reuser: Enterprise Open Source Intelligence Part One
Advanced Cyber/IO
Enterprise Open Source Intelligence Gathering – Part 1 Social Networks
Posted by Tom on October 26, 2009 – 3:49 pm
Note: the direct web version is nearly unreadable. A full copy is therefore provided below.
Continue reading “Arno Reuser: Enterprise Open Source Intelligence Part One”
