Not on my watch... please?

Although I have commented on a couple of blogs I have been uncomfortable about many of the things that have been written this week concerning the devastating tragedy in Haiti. And, of course, it has been surprising to see the extent of the reaction to right wing evangelist Pat Robertson's insensitive statement concerning Haiti. As a result 'pat robertson' has overtaken the word 'haiti' to become the top 'trend' in Twitter.

Singer songwriter Martyn Joseph rebuked Mr Robertson's previous ludicrous 'political' suggestions in a witty ditty he performed at the Greenbelt Festival in 2006 (warning: expletives NOT deleted!). However, in the context of the extreme reactions to Robertson's claims about the Haitian people, Martyn's piece could now be seen as judgemental and, despite its pithy, prophetic brilliance, by posting it I fear I may be seen to be demeaning the seriousness of the Haiti situation.

From our distance we naturally respond with a mixture of horror and abject helplessness. Giving money and fundraising are tangible, it is certainly uplifting to hear how the donations are mounting up after fears of compassion fatigue. There is a small yet positive step we can all take that just might make a huge difference by signing the petition to drop the debt Haiti has with us of $890,000,000:

HELP HAITI - DROP THE DEBT

If the debt was dropped this would make a long term difference to the poverty in Haiti. Whilst the debt remains in place Haiti will always be kept at arm's length and effectively their people will be held in poverty by 'us'. This will mean the potential for suffering and a casualty toll on a massive scale all over again at a later date. Whatever faith or belief we have can we allow that to happen? We could try blaming God, Satan or someone else (again), but we are the ones with the keys to implement prevention rather than catastrophe...

Uncommon Sense

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One of my regular reads is former BT futurologist Peter Cochrane's Blog on the technology news website silicon.com. A recent posting of his provides food for thought on the current economic crisis, some sections I quote here:

Where do these times of monetary and market instability come from? There appears to be a limited number of fundamental mechanisms over and above human ignorance, greed and stupidity.

First, I would cite the fundamental tenets and assumptions of economic theory that are obviously wrong:

1) Infinite resources - Not true for the atoms on this finite planet.
2) Infinite markets - Not true for a finite population and ecosystem.
3) Linear channels - Nothing to do with markets is wholly linear.
4) Continuous growth - Was never, and never will be, possible
5) Known behaviours - People and markets are increasingly unpredictable.
6) Understandable - Probably beyond the grasp of humankind.

Second, I think we can identify a set of new and progressively growing factors of increasing influence:

1) Complexity - Managers and people no longer understand products.
2) Connectedness - Everything is now related and not isolated or standalone.
3) Scale - Everything is now huge and networked globally.
4) Machines - They perform more trades than people.
5) Fundamentally non-linear - Chaotic and probably beyond human control.
6) Short-termism - The focus is on the immediate and making money now.
7) Speed - ICT has improved speed and removed latency.

The first set of factors set the scene for beliefs and the illusion of understanding, while the second present ideal components for the occurrence of one economic crisis after another. Perhaps the most critical, given (5) and (6), is the reduction of latency (7) as a prime factor in a world of non-linearity, chaos and strange attractors.

Read the full article here: Peter Cochrane's Uncommon Sense

A Beautiful Mind - Living by Numbers

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The Billion Dollar Gram - a brilliant visualisation of where the money goes. Click the link or the image to see the numbers.

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