Dame Anne Salmond: We could do with a change of heart – Opinion – NZ Herald News

The “invisible hand” of the market, first conceived in the Enlightenment but coupled at that time with notions of justice, human dignity and “the rights of man”, has failed to deliver prosperity and happiness, in New Zealand as elsewhere.

The problem, it seems, is a loss of balance. In the pursuit of profit, everything in the world – the earth itself, other species, knowledge and indeed, other people – has been turned into a “resource” to be exploited, often without care or conscience.

In the process, ideas of justice, truth and the common good have been undermined. Without these bulwarks, democracy falters, capitalism fails to share wealth and the distribution of income shifts dangerously out of kilter.

via Dame Anne Salmond: We could do with a change of heart – Opinion – NZ Herald News.

“How Our Universities Can Compete” (University Affairs) in which the Provost Says Several Necessary Things | Arts Squared

“I think it is an important and worrisome reality today that Canada is backing away to a certain extent from investing in higher education at the very moment other powerful systems are investing heavily.”

via “How Our Universities Can Compete” (University Affairs) in which the Provost Says Several Necessary Things | Arts Squared.

Resources minister touting Keystone in U.S. slams climate scientist – The Globe and Mail

n a post-speech question-and-answer session at the Center for Strategic and International Studies, the minister dropped his usual carefully measured tone to decry leading climate-change scientist James Hansen, recently retired from NASA. Developing the oil sands, Mr. Hansen has said, would mean “there is no hope of keeping carbon concentrations below 500 (parts per million), a level that would, as earth’s history shows, leave our children a climate system that is out of their control.”

The minister said such doom and gloom predictions were “exaggerated rhetoric,” that “doesn’t do the (environmentalists’) cause any good.”

“Frankly, it’s nonsense,” Mr. Oliver said, adding that Mr. Hansen “should be ashamed.”

via Resources minister touting Keystone in U.S. slams climate scientist – The Globe and Mail.

 

Frankly, its nonsense?? He knows better than the World Bank also?

Money Morning – US Facing Financial Armagedon?

The work of this team of scientists, economists, and geopolitical analysts has garnered so much attention, they were brought in front of the United Nations, UK Parliament, and numerous Fortune 500 companies to share much of their findings. Click on the short video above to see the eerie pattern.

Another member of this team, Chris Martenson, a global economic trend forecaster, former VP of a Fortune 300, and an internationally recognized expert on the dangers of exponential growth in the economy, explained their findings further:

“We found an identical pattern in our debt, total credit market, and money supply that guarantees they’re going to fail,” Martenson said. “This pattern is nearly the same as in any pyramid scheme, one that escalates exponentially fast before it collapses. Governments around the globe are chiefly responsible.”

“And what’s really disturbing about these findings is that the pattern isn’t limited to our economy. We found the same catastrophic pattern in our energy, food, and water systems as well.”

According to Martenson, these systems could all implode at the same time.

“Food, water, energy, money. Everything.”

Dr. Kent Moors, one of the world’s leading energy analysts, who advices 16 world governments on energy matters and who currently serves on two State Department task forces on energy, also voiced concerns over what he and his colleagues uncovered.

“Most frightening of all is how this exact same pattern keeps appearing in virtually every system critical to our society and way of life,” Dr. Moors stated.

via Money Morning.

Gutting Our Universities and Repeating the Depression? Reimer and Macleod in Today’s Journal | Arts Squared

Gutting Our Universities and Repeating the Depression? Reimer and Macleod in Today’s Journal | Arts Squared.

Behind the tragedy of drastic  cost-cutting measures can be glimpsed another tragedy – the replacement of the traditional role of the university as the social conscience of the nation with a much more focused role as the servant of  finance and industry.

In these times of enormous transition, as we struggle with the realities of capitalism’s abject failure to achieve human and planetary wellbeing, the need for alternative modes of thinking and innovation has never been greater.

The task of universities is to foster the freedom to explore all avenues, to search for truth and possibility in the myriad of alternatives available to us, not to narrowly confine the pursuits of research to the needs of industry. Yet that is precisely the outcome of  the promise to align the work of research and teaching towards economic needs combined with the determination of government to mandate teaching and research to specific programs. One of the most pernicious results will be the closing of the doors to the needs of all people, returning higher education to its early historical place as the prerogative of the elite.

Its hard to imagine a more foolish, nay foolhardy, and morally empty response to crisis.