Thursday, 20 September 2018

Blog 2 64 Are People Basically Good, Or Basically Bad?

Blog 2 - 64  Are we basically good or basically bad?

A colleague of mine attended a conference for middle management personnel. I don’t remember the topic, but the attendees were divided about equally  between government and private sector people. 

The organizers provided some preliminary activities to put the group at ease. One of these activities provides food for thought. They asked the conferees to look at two options, and then, without discussion, separate themselves into two different rooms depending on their personal answer.

The Question:
Are people basically good, but corrupted by society ,or are people basically bad and must be controlled by society?

My colleague reported that 
almost all the private sector people chose the first option 

(folk are basically good but are corrupted by society);

Almost all of the civil servants chose the other option 

(people are basically bad and need to be controlled by society.

We’ll come back to that. Let’s set it in the middle of divided America - or even take a larger view: the divided world.  Ask a wide sample of people anywhere in the world this question: is government a good thing or a bad thing? You’ll have a similar division between 

1. those who see government unequivocally as an evil, restricting their personal freedoms and ambitions, Actually, they often don't express or even recognize the underlined motif.

Example:  Corporate CEO’s and shareholders in western “democracies” (In America, for instance, they’re celebrating the President’s recent banking de-regulation. and other reductions of government powers). See previous blog.


2. those who see government as the focus of hope for their well-being. 
Example: those Franklin Roosevelt referred to as “The Forgotten Man at the Bottom of the Economic Pyramid” (Roosevelt really meant it and did something about it, but no rational American expects the current President ever to actually do anything for the FMABOEP - least of all members of Congress.) 

Obamacare, now… 

Permit me to add a third, currently prominent, attitude:, 

3. those who fear that their governments will seriously harm them. 

Examples:  critics of the governments in Mr. Erdogan’s Turkey, or Mr Duterte’s Philippines, or Mr. Bashar Al-Asad’s Syria. What do they have to fear (in these nominal democracies)?



It would be a better world if we could recognize that “the best of all possible worlds” is one on which most citizens were focussed on the common good .  Repeat.
That means agreeing that both governments and private agents should not be primarily acquisitors but contributors. 

And we might dream of persuading even some of our soulless citizens - the corporations - if civilized by governments, or, better, self-civilized. 

You have to visualize it, then say it, to make it happen (before we destroy the lot of us).

So back to the conference: here’s the next level of question. How do you explain the conviction of private sector execs that we are all good but corrupted by others, and the public execs’ conviction that we are all bad and need to be restrained?  Think about it. till next time.

Monday, 10 September 2018

2-63 "With liberty and justice for all."

The Economic Growth, Regulatory Relief*, and Consumer Protection Act, May 2018

Economic Growth  - yes we're already dubious about that goal.

* Regulatory Relief - sounds like a cure for constipation - getting rid of the bullshit,? Not likely..  But they could have been really brazen and started with ,"Consumer protection".  (That doesn't men free condoms, does it?)

Well, consumers certainly need protection in these times of climbing consumer price inflation, which seems to be somewhat related to unrestricted corporate gouging (What are you cutting down on in order to feed your children and keep a roof over their heads?.  Oh, more ketchup sandwiches, I guess..


Well enough of your blogger's self-amusing comments on a piece of legislation he has not read. Here's a more informed opinion, from Americans for Financial Reform.

"S. 2155 is a bank lobbyist's dream:  it contains over two dozen deregulatory gifts to the financial industry. These include provisions that roll back the rules on some of the biggest banks in the country, increasing the risk of financial disaster and a public bail-out[. Other provisions would expose home buyers to financial exploitation and predatory lending, as well as enable racial discrimination in mortgage lending ... This bill is a victory for banks and their lobbyists over the interests of virtually everyone else.


The biggest U.S banks , one researcher reported, "made $2.5 bn from [Trump's] Tax Law in one quarter. After the law was passed, Gary D. Cohn, former CEO of Goldman Sachs, resigned as adviser to President Trump."

Ah, how sad for Gary.  Back to the office grind.      
And bonuses!

Friday, 7 September 2018

Blog series 2 62 NAFTA Negotiations - Scripted?

Blog 2 - 62 Scripted  NAFTA Negotiations?


Okay, let’s take a closer look at President Trump and Canadian PM Trudeau’s curious dance. In one area they are certainly behaving more like dancers, in step, than opposites across a negotiating table.   


*The previous NAFTA could be abrogated with only six month’s notice. Hmmnnn, The President has never mentioned that. He always calls for "tearing it up."

This blog was withdrawn when your blogger realized that the dispute mechanism Trudeau was holding out for was not the investor-state-dispute resolution of Chapter 11 NAFTA.   but a Chapter 19, concerned with state-to-state disputes.

 Mr. Trudeau got his dispute resolution (Chap 19) and the Chapter 11 investor-state provision seems to be on its way out internationally.