Why the MDGs are an Own Goal for Development

This week the world’s leaders meet in New York to discuss progress on the Millennium Development Goals (MDGs), which were agreed ten years ago as time-bound targets for achievable reductions in poverty. The spin masters of global policy have already been busy framing this milestone in the media. But aside from the spin, the reality is very different and poses significantly different implications for the future of cooperation for poverty reduction everywhere, North and South. Working on the real causes of poverty might not win a round of applause at a charity night, but is the only moral and practical answer to the evidence mounting up before us.

Commenting on progress on the MDGs in the New York Times on Saturday, the Columbia University economist Jeffrey Sachs wrote that “a great deal has been achieved” and how “cynicism has been replaced by hope, born of experience, commitment and breakthroughs.”[1] He bases that on piecing together a few examples of success, mostly on communicable disease. It is relieving that the rates of infection of HIV/AIDS have declined in Africa, but it is wrong to imply this gets anywhere near meeting the MDG 6 on disease reduction, which includes halting its spread and achieving universal treatment.[2]

The United Nations now acknowledges that only two of the many targets might actually be met: cutting in half the number of people who lack safe drinking water and halving the number of people who live on $1.25 or less daily.[3] The first of these is not cause for celebration if we remember that much of this advance in clean water access comes from wells that are likely to run dry in the near future due to climate change and intensive agriculture. The second of these targets is largely meaningless, when one realises that China accounts for the majority of the increase, and thus exchange rates explain a significant part of the progress, while the cost of meeting basic needs have been increasing worldwide.

One of the goals is for universal primary education, yet according to research by the Global Campaign for Education, 48% of children in sub-Saharan Africa still do not complete primary education.[4] Another of the goals is halving world hunger. With global food prices peaking in the summer of 2008, and climbing rapidly again, over one billion people were undernourished in 2009, an all-time high.[5] 925 million people across the world are still classed as hungry.[6] A child dies every six seconds due to hunger related diseases. Despite this shocking daily disaster, the proportion of the world’s hungry has gone down by only half a percentage point since 2000 – from 14 to 13.5 percent.[7]

As halving world hunger is the target, that would mean 14% having reduced to 11.6% by now. I make that 130,185,186 people who are hungry this very day, as living examples of us missing the target. It is a massive missing of a target that was not meant as a pie-in-sky ideal, such as ending poverty, but as a practical one of halving hunger. If this was a match, the goal is so far off, we are still trying to work the ball out of own penalty area. To move forward the poor need more than the cult of ‘positive thinking’ from people who want to keep the MDG show on the road so as to keep the focus on charity not real change, and receive more fame and funds for their projects as a result.

Poverty is an interconnected reality and challenge, and so even hitting the targets can still miss the point. The education commissioner of Nigeria’s Kwara state has revealed that nearly 20,000 of the state’s teachers were made to sit tests in English and Maths that were designed for 9- and 10-year-olds, but only 7 of the teachers reached the minimum attainment level.[8] As targets are usually about quantities of input, not qualitative outcomes, then situations like that in Nigeria can arise. In addition, a focus on just one issue can ignore the interconnected nature of poverty. For instance, some HIV antiretroviral medications require a minimum caloric intake to work. The government of Zambia has had trouble containing the spread of HIV after expanding the production and distribution of antiretrovirals; they realised the problem was that children were not eating enough.[9]

Likewise a focus on just one issue can lead to other important concerns being sidestepped or made worse. Amnesty International has found that a focus on meeting the MDGs has led to matters of accountability and rights being sidelined at times.[10]

The reason progress is so slow is known to many international development experts. They just don’t share it much in press releases, as it doesn’t help generate funding. The simplest and most important insight here is that, on a large scale, the poor are not helped by targeting them in particular. Instead, poverty is reduced by helping enterprises generate decent work that create not only the products and services but also the wages for people to buy them. Therefore the creation of decent work opportunities with fair wages is key to all poverty reduction and social development, no matter how the poverty is then manifested.[11]

The percentage of corporate revenues that are paid out as wages has been going down worldwide for decades.[12] This happens as a result of the balance of power between government, business and workforces shifting with economic globalisation. Consequently workers have less in their pockets to buy the products and services that generate the jobs, that employ the workers. To get out of this situation, workers in some countries have been going into debt, speculating on property, or releasing equity from their homes. It is a situation that has led to financial volatility and concerns about financial collapse. In other parts of the world, and for the poor, there is not the same escape through debt and mortgaging assets. Meanwhile their employers have continued to receive a small share of the revenues of the value chains they trade in, with the profits accruing to the top of the chain, such as the famous brands, retailers, related professional services and in turn the financial services sector. This squeezes the sum available to workers and entrepreneurs in poorer countries, as well as limiting the potential tax revenues of such countries. The percentage of corporate profits that are taxed has also been decreasing around the world, therefore meaning governments have less to invest in social services and promoting enterprise.

The key to achieving development is the promotion of enterprise, with the ability of entrepreneurs in lower income countries to receive a larger share of income from their value chains, the ability of their workers to receive a larger share of the generated revenues, and the ability of governments to generate taxes and use them efficiently and accountably. Some within the international development community have been making this analysis clear, but they are drowned out by those who seek to keep the focus on a simpler message of charity, positivity, and coming together for another push towards meeting targets with new donations, often to their own organisations. The alternative would be to work on matters of economic governance and challenge existing power relations in societies and economies – not such an easy sell to large donors, or individual supporters watching the latest disaster appeal on TV. Deluded and self-serving people in the development profession prefer to see the people who criticise the MDGs as negative or cynical, and so dismiss the reality of the situation they describe. As a result, as I found in a study for the UN last year, the funding of economic justice campaigning is limited, and so the relationships with between Western NGOs and civil society in the global South are not often sufficient for them to have a legitimate and effective voice in policy making.[13]

Many of the issues the MDGs focus on are the symptoms and not the causes of poverty. The cause of poverty is generally a lack of decent work in a thriving enterprise economy governed by an state that is held accountable for its regulation and provision of services. A superficial focus on the symptoms not causes of poverty has been promoted in recent years by the new billionaire philanthropists, engaged in charismatic charity. Huge donors like Bill Gates focus mostly on the surface of problems, as that is what is visible. The visibility of a public problem is important as it makes it more understandable to people without insight into how problems arise, and visible problems can be explained in ways that generate public support and congratulation. The experts that the non expert philanthropists rely on are those who have made themselves acceptable to elites in the business and government, thereby perpetuating a superficial agenda. “Take the huge investments in global health, micro-credit and environmental services that Bill Gates and others are making,” says Michael Edwards who has authored a book on the topic. “The available evidence from these investments so far suggests that it is perfectly possible to use the market to extend access to useful goods and services, but far harder to have any substantial impact on social transformation. The reason is pretty obvious: systemic change involves social movements, politics and the state, which these experiments generally ignore.” He laments that the rise of the “philanthrocapitalists” is undermining the power of independent civil society to frame and act on systemic causes of social problems.[14]

As we look back on the last 10 years of action and inaction on international development it is now clear that the MDGs have scored an own goal for the development community by keeping systemic issues off the agenda. At best the MDGs acted as a defence mechanism in difficult times, maintaining interest in poverty when the international community became engulfed in the anti-terrorism agenda and the related US-led wars.

As I witness business, UN, governments and NGOs coming together this week to call for a another push to meet the MDGs, I am left wondering what will help unravel this great delusion. Where will the movement to embrace a serious sustainable development agenda come from? Will we have to wait another 5 years for a more honest stock take? Five years is a lot of 6 seconds. Over 26 million more children will have died from hunger and related illnesses.

In my last book I described the emergence of a movement mentality within people in the corporate responsibility, social enterprise and responsible investment space, where professionals are pushing forward transformative agendas from within their commercial organisations.[15] Yet I wonder whether the contradictions between short term profit and long term value generation may mean that an authentic development agenda will be difficult to place at the heart of corporate strategy. In reflecting on this I recall that 15 years ago a BP executive said that if Greenpeace did not exist he would have had to invent it. Chris Marsden was explaining about how he needed the external spotlight to make his case from within the company. We could debate whether it was an effective spotlight, given the BP record, but at least there was some pressure. It seems we need a development NGO that can apply pressure like Greenpeace has done on the environment, and encourage investors and companies to engage seriously with development issues. In the early Noughties the ‘anti-globalisation’ movement applied pressure to governments and international organisations without there being one central organisation, but its visibility has waned in recent years as the usefulness of street protest was questioned and attention moved to celebrity events like Live 8 and Live Earth. There seems to be a gap in the NGO market for a direct action development group, and so perhaps a financier could invent one. I hear of some friends of friends with a half a million from their banker bonuses now wondering what the meaning of their life really is.

If you know someone like that, send them this link.

[the references for this blog are in the pdf copy –Download PDF of ‘Own Goal’

On my company website I talk about the implications for corporate and investor strategy… Lifeworth Consulting

SIX and the City – but no satire please, we’re changing the world (?!)

Ill be in Singapore for much of September and October, and participating in 5 events relating to the general theme of social innovation and sustainable enterprise.

Ill be at the “SIX and the City” Social Innovation Summer School from 15th to 17th September, mixing with tomorrows leaders at “Forward Thinking Thursday” on 16th September, then speaking about the future of responsible business at CSR Singapore on 21st September, attending Qi Global on 9th October and then keynoting at the Wellness Summit on 14th October.

Yep that was ‘SIX’ in the City, not a typo. I discovered the TV series “Sex and the City” was banned in Singapore! Which highlights something of the evolution the city state is going through. It’s becoming a hub for sharing ideas about business and sustainable development, and is a great place to visit. But a free flow of ideas is important if we are to develop insights for addressing global challenges.. so there is some opening up to come. Satire is an important way of cutting through our assumptions, so its a pity that also banned is one of my all time favourite films – Life of Brian. Hey, even Aberystwyth lifted its thirty-year old ban of the film last year…. so come on Singapore… let’s embrace satire and a bit of craziness in the name of social innovation 🙂

If you want to attend any of the events, just click on the links, and I’ll see you there. There will be more than the odd splitter….

Getting Ambitious About Partnerships

Cross-sector partnering for sustainable development has been around a while now.. its 13 years since the first book on this came out, that I co-wrote with David Murphy, and 10 years since the first edited collection on the topic, which I rather artistically but confusingly titled “Terms for Endearment”.

To mark the 10 years, but also to kick start some reflection, I asked some of the contributors to Terms to provide reflections 10 years on. They all talk about how partnering became a key part of the landscape of civil society, of corporate responsibility and of sustainable development policy, but how its not achieving enough, and not as much as what we felt it could when we got excited enough to focus our time on it, as either practitioners or analysts.

That’s not to knock cross-sector partnering and the work we have done in the past or what partnerships are achieving today.. for instance, helping create the Marine Stewardship Council remains one of my career achievements, even though it was still my first year after Uni (not sure what that says about the subsequent years!) The MSC, a sustainable fishery accreditation council, is doing well, but it wont save the world’s fisheries, and so we have to reflect on what these partnerships can achieve in future to meet the scale and urgency of the challenges we face. We will be hampered in those reflections if we fall into a trap of what I call “partnerism” in a special issue of “Business Strategy and the Environment”. By “partnerism” I mean a belief, a mood even, that partnering with others is good in and of itself, so people favour being convivial and forever hopeful to keep the partnership going, rather than critically reflecting on whether it is delivering sufficient change on the ground (or in the water).

To help with that, and call for more ambitious partnering, later this year my 3rd book on the cross-sector partnering topic comes out. It seemed about time, 10 years after the last, as teaming up on the world’s problems still seems to make sense to me, and many other people, but now we really have to team up to change the rules of the game, and level the playing field…. excuse the metaphors… I borrow them from one chapter in Terms for Endearment, by Uwe Schneidewind. Back then he was writing about the need for partnerships to create coalitions for re-structuring economy and society, rather than seeing these are entirely voluntary initiatives that wouldnt impact on regulations.

Uwe is now President of the Wuppertal Institute. Indeed, the contents of Terms for Endeaarment reads like a Who’s Who of innovative thinkers in the sustainable business space, with Georg Kell now Head of the UN Global Compact, Kumi Naidoo now head of Greenpeace International, and Professors Crane, Newell and Ali all leading analysts in their field. These 3 academics, along with the world’s leading advisor on social change networks, Steve Waddell, have all provided reflections on partnering to mark the anniversary. You can read them on my consulting site:
Critical thinking on partnership: Free chapters mark ten years and
Reflections on 10 years of cross sector partnership/

You can also get a copy of the book for half price until the end of the year, as well as accessing a number of the chapters for free.

Unfortunately the first book on the topic is now something of a collectors item, if the prices on Amazon are anything to go by… Ill see if I can put in online by the end of the year.

My new book wont go over old ground, so read up on this older stuff first! Sean Ansett, who was CSR boss at Gap at the time and now has gone upmarket, with a British Luxury brand, thinks that Terms is still very relevant today…

“Ten years after Terms for Endearment was published it continues to be groundbreaking, as it provides a more nuanced analysis of cross-sectoral partnering than many studies on the subject, and maps out an agenda for corporate citizenship that continues to inspire us today. A decade ago Terms for Endearment was critical in helping me to realize the power of partnerships and that in order for sustainable development to be effective collaboration by stakeholders from distinct sectors sharing their respective experience, expertise and resources was the only way forward and that we could no longer go it alone. The partnership examples where invaluable to formulating our approach.”
– Sean Ansett

The Future of the UN Global Compact – New York Inspirations

Empire State of Mind
Empire State of Mind, sung at UNGC summit

The UN Global Compact is a UN initiative that invites companies to sign up to voluntarily being more socially and environmentally responsible, and making a positive contribution to sustainable development. As Ive worked in corporate responsibility and partnerships for 15 years and with the UN on and off for about 13 years, this initiative is something Ive followed from the start. Recently I went to their Leaders Summit in New York. My highlight was the Alicia Keys number at the end of the conference, sung by a woman from a Harlem group that performs to raise funds for social work. That made me realise maybe Im a bit “conferenced out” and need to go to some more concerts! For 4 days, going back and forth to Times Square I couldnt stop singing “Concrete jungle where dreams are made of, there’s nothing you cant do, now your in New York….. etc… lets hear it for New York, New York”, so it was a fine finale.

I did a video message at the conference. Shame they didnt edit the chat in the middle about whether I had said things in the way they wanted!

The Empire State of Mind song also got me thinking about we might do do with this initiative if we thought anything possible, so I reflected and wrote up some ideas on the future of the UN Global Compact, available at:
http://www.lifeworth.com/consult/2010/08/from-global-compact-to-global-impact/

Alica’s great tune..

Photo: UN Global Compact/Michael Dames

Thoughts on the future of CSR, ESG, Responsible Finance and Social Enterprise

This Friday CSR Geneva participants will be sharing their views on the future of this field of practice – what is likely and what we each feel is needed. What follows is an excerpt from my book “The Corporate Responsibility Movement”, published last year. In it I describe the emergence of a movement and suggest that we learn from past movements, and social science scholarship on social movements, to better effect systemic change in society (or, to use the Gladwellian lingo used in the UN Global Compact Summit last month, to reach a “tipping point” in business sustainability).

Read on, and do share your views on the future of CSR, ESG, Responsible Finance and Social Enterprise, especially as it relates to what Geneva-based organisations are or can do, and what CSR Geneva might do in future; via our CSR Geneva Linked In group.

“The key trends in corporate responsibility that can be identified from the events and views chronicled in this volume are:

Standardising. As more people and organisations work in this field, so the need to compare and benchmark performance increases, and new codes and qualifications emerge

Mainstreaming. As the limits of individual corporate action in delivering commercial returns and addressing the scale of societal challenges become apparent, so more executives are looking at how to encourage broader changes in society to allow them to invest more in social and environmental excellence

Integrating. As the commercial and legal relevance of performance on social, environmental and governance issues grows, so does the need to integrate this into the various organisational functions, such as marketing, design, human resources and so on

Levelling. As economic, political and cultural power shifts from the West to the rest of the world, so the CR strategies and performance of Southern corporations becomes more important, not only in the global South, but even in the West, and more CR initiatives emerge from non Western countries with their own values and emphasis

Enterprising. As the limits of existing business models and corporate forms in delivering solutions to societal problems appear, as well as the limits of tradition philanthropy and advocacy, so more companies seek to profit from provision of innovative market-based solutions to societal problems

Yoyoing. As the underlying drivers for corporate responsibility increase, so more societal challenges are translated into matters of corporate responsibility and opportunity, and so various issues yoyo to the top of the corporate agenda and suggest a redefinition of the challenge as one of sustainability, ethics, rights, accountability, governance, innovation, efficiency and so on. In light of such yoyoing, the ‘responsibility’ framework remains useful

If you benefit from mnemonics, the initial letters make this a ‘smiley’—‘:-)’—of emerging corporate responsibility trends. The mainstreaming and enterprising trends, which parallel the emergence of societal leadership and social innovation strategies from companies, show how executives have been learning through their engagement with corporate responsibility and that there is an endogenous desire from within the corporation.”

(from The Corporate Responsibility Movement, Jem Bendell, 2009, Greenleaf Publishing, pg 12-13) http://www.greenleaf-publishing.com/productdetail.kmod?productid=2767

Crowd-sourcing philosophy on Facebook

The power of crowd-sourcing information and ideas is proven by the power of wikipedia. New innovations in crowd sourcing include crowd funding, for instance for the movie Age of Stupid.

I decided to have a crack at this for something quite abstract, yet very important.

I have increasingly realised how easy it is for people to assume that one “thing” is “good” and become attached to that assumption in ways that lead to bad judgement. It happens a lot in the worlds of organisational and policy development. Examples in my field include cross-sector partnerships being seen as always good, or U process facilitation as always key, or government subsidy or regulation related to climate change as always good. Im a fan of each of these, but I’ve seen how assuming such things to always be good without understand context or intention, is a real problem. I realised this is something related to very deep themes around systems thinking and non-attachment. So, I thought I’d put the question out to my pals on facebook, to see how they could help me clarity these insights, so I could then communicate them more clearly in my advisory and writing.

Here are the preliminary results. If you can, please add in comments on this post, and Ill continue to crowd-source philosophy through wordpress!

The thread:

May 17th Facebook status: Jem is looking 4 egs or quotes 2 illustrate a problem of mistakenly thinking a practice or thing is itself “good”, rather than seeing it as good at a particular time due to its context-dependent effect & people’s intention behind it, so that no “thing” is good, except an intention & an ability to understand effects in cont…ext. The same thing in different contexts & with different intentions is not the same thing. Ideas?

Jerri Husch
read some of the early work in anthropology, ie. Clifford Geertz who talks about meaning creation. Or read some of Peter Berger and Luckmann’s stuff from the ’70’s who talk about action and the “social context of meaning creation”. They were the early ones to talk about how the “norms” of what is “good” and what is “bad” are based on the social context of the actors and objects….. 30+ years later they are still the best—-good luck with the work and would love to see what you come up with.
May 17 at 1:08am ·

Jem Bendell
thx. im not wanting to study it, simply to communicate this principle as simply as possible, and mention any classics e.g. from antiquity, that make the same point. any ideas?
May 17 at 1:24am ·

Jerri Husch
maybe check this out…..a good overview and maybe some quotes?http://books.google.com/books?id=kd3w_tWWeewC&pg=PA35&lpg=PA35&dq=berger+and+luckmann+objectification&source=bl&ots=tDLpE3YYXZ&sig=SKkqJTkl-h092Mo7Z6UpiHRTLRs&hl=en&ei=IH_wS7DZLsP6lwef9dm1CA&sa=X&oi=book_result&ct=result&resnum=9&ved=0CDsQ6AEwCA#v=onepage&q&f=false
May 17 at 1:32am ·

Trineesh Biswas
more neo-classical than classical, but economic governance in the uk and the us for most of the last thirty years has been marked by the notion that privatisation, deregulation, and market forces were always good and efficient, with insufficient case-by-case analysis.
May 17 at 9:45am ·

Linda Popova
A tip from a Classicist, though not necessarily easy to communicate…Read Derrida’s essay “Plato’s Pharmacy”, which, among other things, discusses the “betterness” of the spoken word over the written. It is essentially a discussion of Plato’s dialogue Phaedrus and the relationship between memory and writing. It is centered on the use of the word… See More ‘pharmakon’, which in ancient Greek means both remedy and poison. Socrates’ death by drinking the hemlock is hence said to be ambiguous: is it damnation or salvation? The Phaedrus itself makes use of two further myths – the myth of the cicadas and the myth of Theuth – to illustrate that point…Also of interest, on the ambiguity of mental concepts (metaphors) dependent on context, Lakoff’s and Johnson’s book Metaphors We Live By is a good primer, with less linguistic jargon than my first recommendation. Good luck. Fascinating subject. Would be curious to see your take on it. Best, L
May 17 at 9:46am ·

Linda Popova
p.s. And then, of course, there’s Kant’s take on the subject and my musings on the Patriot act (with which I am sure you will disagree), but nonetheless, you could use this as an example of divergent vs convergent thinking. Since science should be based on divergent mental models, i.e. competing hypotheses rather than scholarly dogma (convergent politics), I am happy to be in disagreement:-)

Late Night Thoughts on the Patriot Act: Size Matters


May 17 at 10:05am ·

Kate Tench
To raise the tone somewhat and spin netgative to positive – “Even a stopped clock tells the right time twice a day” Withnail & I (I believe it was “I”).
May 17 at 11:10am ·

Tiago Pinto-Pereira
“Knowledge is neither good nor bad, but man’s use of
it can be either good or bad.” Paraphrases a sentence i remember in my theory of knowledge course in high school. Not sure of the origin of this epistemological sentence.
May 17 at 1:01pm ·

Vicente Garcia-Delgado
The problem arises because we keep under the illusion that things are “things” when they are really “processes”. For example rather than saying “I am” we ought be saying “I become.” (try that for size…)
May 17 at 3:33pm ·

Jerri Husch
what a great conversation!! Thanks Jem et. al.!!!
May 17 at 4:24pm ·

John Manoochehri
Those are too complicated as examples.

Start with the original myth: the Midas touch. King Midas wanted gold, because it was his hearts desire, and was granted the wish that all he touched would become gold. He touched a tree and rejoiced at the golden tree. He touched his daughter – and then was distraught at the golden daughter. “The same thing… See More in different contexts & with different intentions is not the same thing.”

This story has at least two resonances: the problem of proxy-indicators of welfare, and the problem of the changed context.

One reason Midas liked gold, and the reason we like money, and consumer goods, is that they are ‘vehicles’ or welfare, they ‘carry’ welfare, but they are not in fact happiness or value themselves.

What happens all too often is that these vehicles of welfare, in particular when we get used to ‘storing’ them, as a way of holding over welfare into the future for example (e.g. by hoarding gold to buy more things in the future, banking money, etc), become ‘proxies’ of welfare, i.e. we see them as stand-ins for the welfare itself, and thereby, equivalent to the welfare itself, in the mind. The need to translate the proxy into the actual welfare recedes, and we become obsessed with money and object ownership, even while being unhappy!

Thus we are reminded “only when the last tree has died and the last river has been poisoned, and the last fish has been caught, will we realise that we cannot eat money”. The child that has a hoop and a stick is happy, and the man with a house full of goods is sad, even if the house holds his old hoop and stick. “The same thing in different contexts & with different intentions is not the same thing.”

The other resonance is problem of changed context, where, not particularly because one’s concept of, or intention for, an object or action has changed (e.g. from an object as a vehicle of welfare, to an object as a proxy of welfare), but because the situation has changed, and thereby the welfare effect of the object or action has changed.

The hopeful boyfriend who brings a beautiful rose to his second date, shining with expectation that the girl will fall for his charms, but forgetting his girlfriend is allergic to roses; the father trembling down the stairs towards a disturbing noise, with a baseball bat clutched for protection, discovering it is just his child watching TV; the mythical king mistakenly turning to gold what he valued more than gold, more than anything – all of these are examples of an initial intended welfare effect of an object or action having quite the opposite effect (rose > love; rose > sickness; baseball bat > protection; baseball bat > threatening act; golden touch > more lovely gold things; golden touch > one less lovely daughter).

Or, as you put it. “The same thing in different contexts & with different intentions is not the same thing.”
May 17 at 11:05pm ·

Jem Bendell
im beginning to find a wonderful new use for facebook because of u guys! Hey, its funny how people think that someone having a midas touch is a good thing. Many people speak of a designer or ceo having a midas touch for a brand.. and yet.. the midas touch is a tragic story of greed and ignorance.
May 18 at 12:27am ·

Jem Bendell
ps: this has been such an interesting use of fb ill blog about it, so anyone else wanna chime in this week? all tips welcome.
May 18 at 12:28am ·

Vicente Garcia-Delgado
go ahead! “I am becoming” game!
May 18 at 12:31am ·

Dumb ideas on the deficit

The new government is getting ready to cut public spending to reduce the deficit. That means people losing their jobs, and people who need support getting more “efficient” support i.e. less. Someone you know is probably worrying about their job; maybe they’ve told you, maybe they just didn’t seem their usual selves.

So, as it seems rather peculiar to me that a government doesnt own its own currency and therefore gets into debt in its own currency, here are some dumb ideas to reduce the deficit, not the country.

First, tell the Bank of England to write off all UK government bonds, or gilts, that it holds. No arguments, replace any bureaucrats at the bank if they disagree.

Second, tell those banks that the government has major shareholdings in to loan pounds to the government at zero interest, to a certain proscribed level that the bank can administer without failing.

Third, pass legislation requiring all banks registered in the UK to lend a certain percentage of all their loans to the government at zero interest.

Fourth, charter a new bank, the Bank of Britain, wholly owned by the tax payers of the UK (one tax payer one share, non tradeable), that would have assets such as national treasures assigned to it as collateral, and instruct it to use the maximum of its fractional reserve lending powers to lend pounds to the UK government without interest, and instruct the Bank of England to give the Bank of Britain it’s full support.

Fifth, tell the Royal Family that they must donate any shares in the subsidiary of the Bank of England (BoE Nominees) and any government-related shares (Treasury Stock) to the new Bank of Britain to demonstrate their duty as principle citizens at a time of financial crisis. If they dont, make the request public. If they still dont, then legislate for it.

Sixth, outlaw mechanisms financiers could use to bring down the economy or the government, such as short selling of certain items and the use of dark pool masked trades, and issue clarification that commercial acts intended to force governments to collapse is treason. It might be less dumb to take this action first, not last.

Seventh, establish a Financial Truth and Reconciliation Commission to explore how the current monetary system was designed, who designed it, and the necessary restorative justice, and also a Monetary Democracy Inquiry to explore policy options at home and abroad for a fair and sustainable financial sector.

As these ideas havent been argued by specialists and politicians, I must presume that are dumb ideas. Therefore I would benefit greatly from any teaching from monetarists or lawyers explaining why precisely each of these ideas is unworkable, and are more dumb than stopping able-bodied people from using their skills to help their neighbours in our “big society”, just because of a change to our money supply?

Or is it dumb to say the pound is ours?

My Micro-blogging: http://twitter.com/jembendell

Been tweeting about work, since starting this in January. If the stuff below is of interest, follow me at http://twitter.com/jembendell

Just added event on the Authentic Luxury Network; speaking in Geneva on June 3rd at Hotel Bristol, from 12. http://ning.it/9vKWZn

Academics back carbon tax not cap & trade scam http://tinyurl.com/257uplm Implications for CSR & ESG http://tinyurl.com/38mztwx/ climate 1:55 AM May 11th via web

Checking out “Paris Drinks of the “Authentic Luxury Network”” on authentic luxury network: http://ning.it/cLoFvx 9:22 AM May 4th via a Ning Network

Bee colonies collapse. We’re part of nature; & the least wise of species 2 forget it http://tinyurl.com/2u64ozc & http://tinyurl.com/2ut7pq9 5:01 AM May 2nd via web

Paris 7th to 9th then Geneva 9th to 12th – http://www.authenticluxury.net drinks on 7th in Paris, then on to UN event on financial crisis in GVA 11:38 AM May 1st via web

finally UK politician speaks of systemic changes; not deep enough but at least some straight talking http://tinyurl.com/y4ywy2m sri csr 8:57 AM Apr 20th via web

What is a University to do when staff are caught at plagiarism? PR crisis to opportunity? http://tinyurl.com/y7bfjec csr businessethics 12:23 PM Apr 12th via web

just worked out ive produced 111 publications (not including blogs n tweets). will upload on http://www.jembendell.com at some point in 2010 4:29 PM Apr 8th via web

after some stressful deadlines, remembering what’s really important https://jembendell.wordpress.com/2010/04/07/the-happiness-epidemic/ 10:49 AM Apr 7th via web

entrevista en el lujo sostenibles http://www.embelezzia.com/eventos/tarde-de-lujo-con-jem-bendell csr sustainability luxury lujo 10:25 AM Mar 26th via web

talks on sustainable luxury in Madrid on Mar 24 @ ISEM Fashion BusinessSchool http://www.isem.es/isem/mailer/secretosdelujo.php csr 8:09 AM Mar 18th via web

‘Going Green: The Future of Luxury’ broadcasts on CNBC Europe 12th Mar 23.00(CET), 13th&14th @ 20.30(CET) also at http://tinyurl.com/yb9wezu 8:10 AM Mar 12th via web

Pakistan fund to sign UNPRI making it 1st asset owner in SouthAsia. Will India catch up? http://tinyurl.com/yfjx5fs csr sri finance 1:15 PM Mar 11th via web

The FT reports on a growing shift to responsible & sustainable luxury & my little role in that. http://tinyurl.com/ygdf45d fashion csr

Beware the new irresponsible biz lobbying in green mask http://bit.ly/b13Vw1

In rare interview #UNPRI boss talks2me about #SRI #ESG #sustainablefinance #CSR #GFC & work of #UN with investors http://tinyurl.com/yjke7jd

CSR Jobs Portal

For those of you who didnt know, in 2001 I set up a corporate responsibility jobs site. Last year we revamped it to become the world’s most comprehensive source of CSR jobs info. It uses fancy open source technology to amalgamate jobs info from around the world, and send it out to users on the basis of their expressed preferences. There are over a 1000 opportunities on the site at any one time. A copy of the bulletin going out today follows below, so u can see the way it looks (although without the links). The portal is at http://www.lifeworth.com so check there if you want to follow up on one of the job opportunities!

——– Original Message ——–
Subject: Lifeworth Monthly Bulletin
Date: Thu, 13 May 2010 12:27:31 +0100
From: connect@lifeworth.com
To: jem

Welcome to the Lifeworth Monthly Bulletin of jobs and events in responsible enterprise. It includes an editorial from Lifeworth, featured events, top jobs, other events, the top topics on our site, and this month’s expert insights. Your user name is jem. For information on how to retrieve your password or unsubscribe, see the bottom of the email.

FROM LIFEWORTH: TOO BUSY TO KEEP UP WITH THE CSR JOB SCENE?

We should never be too busy to look at the horizon. But many of us are so busy with the here and now of our jobs. Therefore we don’t have time to see what opportunities are out there for us to make a greater impact in the world. But now there is a solution….

Read more from Lifeworth’s Jem Bendell

THIS MONTH’S FEATURED EVENT

Don’t Miss Deadline for Jobs at the Principles for Responsible Investment (UNPRI)

The Principles for Responsible Investment is an investor initiative in partnership with UNEP Finance Initiative and the UN Global Compact.
28 May 2010
more…

THIS MONTH’S TOP JOBS

Knowledge Manager, Edelman, USA
Director of Implementation Support, UNPRI, United Kingdom
Director of Communications and Marketing, UNPRI, United Kingdom
Clearinghouse Manager, Social Issues, UNPRI, United Kingdom
Community & Corporate Social Responsibility Manager, Nestle, United Kingdom
Consultant, WWF-UK, United Kingdom
Supply Chain Manager, BCI, China
Associate – Budget & Financial Analyst, Room to Read, USA
Director of Value Chain Social Responsibility, Cisco, USA
CSR/Labor Rights Program Associate , Verité, USA
Contract ESG Research Analyst, RiskMetrics Group, USA
Communications Specialist, Shakti Foundation, India
Corporate Social Responsibility ( CSR ) Specialist, Al-Majal For Environmental & Technical Services, Oman

THIS MONTH’S TOP EVENTS

Don’t Miss Deadline for Jobs at the Principles for Responsible Investment (UNPRI), UNPRI
Ouverture Inscriptions DAS Management durable, HAUTE ECOLE DE GESTION GENEVE & UNIVERSITE DE GENEVE, Switzerland
International EFMD – FDC Conference “Strategic Movements in Business Education”, FDC, Brazil
Launch of the 2010 Corporate Responsibility Salary Survey Results, Acre Resources
Local money design webinar series 2, Value for People, Germany
2nd International Worldly Leadership Summit ‘Leading with Responsibility and Conviction’, United Kingdom
1st International Conference in Responsible Leadership in Africa., South Africa
BASELondon 2010, Siemens, United Kingdom
ERSCP-EMSU 2010 Conference, Netherlands
2010 Asian Business & Management Conference, Japan
Asia Pacific Academy for Business In Society (APABIS) Annual Conference, Japan
CSR and International Development Executive Summer Course – Switzerland – July 4-11, 2010., University Geneva & MHC International Ltd, Switzerland

THIS MONTH’S EXPERT INSIGHTS

Innovative Financing for Global Networks Steve Waddell begin_of_the_skype_highlighting     end_of_the_skype_highlighting on Networks
Marketing and Military Metaphors Ryan Jones
Video Blog: Steve Puckett on CSR in Singapore and the Energy Sector Wayne Visser
CSRI News Digest (Week 1, May 2010) Wayne Visser
McDonald’s Announces “Global Best Practices” in Sustainability Supply and Green Initiatives Wayne Visser
Sustainable Packaging Delivers Lighter Weight, Higher Recycled Material Content Wayne Visser
Cow Manure Project to Produce 38,000 mWh of Power Annually Wayne Visser
EPA Helps States, Utilities Reap Greater Energy Savings Wayne Visser
Canadian Lawmakers Pass Climate Change Act Wayne Visser
Chemical Supply Chain Embraces Wal-Mart’s Sustainability Goals Wayne Visser
Spain’s Leading PLC’s Take Close Look at Suppliers’ CSR Credentials Wayne Visser
Does Type of Ownership Matter for CSR? Wayne Visser
Slides: CSR 2.0: The Future of Corporate Social Responsibility Wayne Visser
Course: Introduction to CR (London, 13 Jul 2010) Wayne Visser
Course: Measuring Socio-Political Risk (Calgary & Edmonton, 14 & 17 May 2010) Wayne Visser
Online course: Sustainability Reporting (21 Jun-1 Aug 2010) Wayne Visser
CSR 2.0: From the Age of Greed to the Age of Responsibility Wayne Visser
BP: morally confused? Adrian Henriques
A New Approach to Network Leadership Steve Waddell on Networks
Oil spills and externalities Crane and Matten

THIS MONTH’S TOP TOPICS

1. General Environment (446)
2. Education or Culture (266)
3. Consumer Affairs (157)
4. Capacity Building (125)
5. Social Development (116)
6. Social Enterprise (107)
7. Human Rights and Security (98)
8. Diversity and Non-Discrimination (98)
9. Sustainable Resource Use (88)
10. Community and Philanthropy (77)
11. Climate Change (76)
12. Public Health (74)
13. Clean Technology (45)
14. Governance and Risk (28)
15. Pollution Prevention (27)
16. Health or Safety at Work (19)
17. Intellectual Property and Tech Transfer (16)
18. Responsible Investment (11)
19. Sustainability Reporting (9)
20. Personal Development (8)
21. Stakeholder Dialogue (8)
22. Anti-Corruption (8)
23. Employee Ethics (4)
24. Labour Practices (4)
25. Fair Marketing (3)
26. Fair Competition (3)
27. Fair Supplier Relations (3)
28. Fair Taxation (3)
29. Social Dialogue (3)
30. Employment Creation (3)
31. Political Involvement (1)

Recruiting

To include a job or event on our website and in this bulletin, visit http://www.lifeworth.com. A listing is free, with an optional charge to promote it to the top of our database, on our homepage and have it included in the monthly bulletin.

If you are seeking talent, then you can become an Employer member and access the extended profiles of our subscribers, including their CVs and contact information. If you are an expert in responsible enterprise and finance, you can become an Expert member, and share your insights with our subscribers, through our website and monthly newsletter.

Are you expert?

If you are an expert in responsible enterprise, you can upgrade to Expert member, and share your insights with our subscribers, through our website and monthly bulletin. Log in as jem to your account page now!

Your account

If you do not already receive a WEEKLY email with a comprehensive listing of all jobs and events related to your regional, sectoral and professional interests, then log in to http://www.lifeworth.com and update your profile. This is also where you can add or change an email or add your CV

This email is sent to you as you subscribed to Lifeworth’s jobs information service at some point since 2001. To unsubscribe, log in and then DELETE your account. Your username is jem. If you have forgotten your password, then obtain a new one by following the instructions at: http://www.lifeworth.com/user/password

The happiness epidemic

My colleague at Lifeworth Consulting, Janna Greve, sent me this on an email. Couldn’t find it on the web, and I like it, so am posting here.

Beware; Epidemic of happiness

A worldwide epidemic is spreading at astonishing speed. The WOW: the world organisation of well-being forecasts that billions of people will be infected within the next 10 years.

Here are the symptoms of this disease:

1) A tendency to follow ones own intuition rather than act under the pressure of fears, standart opinions and conditioning from the past.

2) Total disregard for such behaviours as passing judgements on others, on oneself, and being interested in whatever entails conflicts.

3) Total loss of the ability to worry (this represents one of the most serious symptom).

4) Constant pleasure in delighting in things and beings as they are, thus leading to our completely giving up the desire to change others.

5) Intense desire to transfrom oneself to positively handle ones thoughts, emotions, physical body, material life and enviroment, so as to constantly develop ones health, creativity and love potentials.

6) Repeated bouts of smiling, a smile which means thank you and gives a feeling of unity and harmony with all lives.

7) Constant opening to ones inner child, simplicity, laughter and joyfulness.

8) More and more frequent moments of conscious communication with ones non-dual soul… Being, which fosters a very pleasant feeling of fulfillment and happiness.

9) Taking pleasure as behaving as a healer who brings joy and light rather than as a critical and indifferent person.

10) The ability to live alone, with a partner, as a family or in society with a sense of flowing harmony and an equal footing, without acting as a victim, a tormentor or a saviour.

11) Feeling responsible and happy to offer the worlds ones dreams for a plentiful, harmonious and peaceful future.

12) Total acceptance of ones presence on earth and will to choose at every moment beauty, goodness, truth and life.

If you want to go on living in fear, dependency, conflicts, illness and conformism, avoid all contact with persons presenting these symptoms.

This disease is extremely catchy.

If you already show symptoms, you must know your condition is unrecoverable.

Medical treatment may momentarily cause some symptoms to disappear, but cant stop the inevitable progression of the harm.

No anti happiness vaccine exists.

Since this epidemic of happiness induces in people the loss of the fear of dying, which is one of the central pillars of modern materialistic societys beliefs, social unrest may break out, such as strikes of the desire to strife and being always right, rallies of joyful people to sing, dance and celebrate life, circles of sharing and healing, bouts of laughter and sessions of collectively letting off steam and unwinding emotions.

Each time we think we have achieved something, on the spiritual level, life quickly reveals there is still quite a lot of work to do… thank you

> so, if you know where it originated from, leave a comment.