microprosummit.com sponsored by worldcitizen.tv DC bureau 301 881 1655
in 30 years of work as a mathematician and researcher of entrepreneurs I have formed the
belief that sustainable innovations design a map that works to unite communities' productivities and demands. And
then I ask to see specification of contextual goals and metrics. This MICRO approach is the exact opposite
of Macro professions that aim to monopolise and rule with a one fits all standard.
Does this mathematical controversy matter? In our new book, we update the microeconomics argument first proposed 25 years ago by my father at his desk at The Economist: this will be the number 1 reason for losing the sustainability of the human
race unless we get the exponential choice right. There is good news: if most of today's sustainability crises are compounded by a common mathematical error we
can start searching out micro solutions once we banish the wrong maths, and transparently network around a Trillion Dollar Audit of any global market sector that exchanges this much value annually. For example, in 2008 it is vital we start mapping how
to renew banking's future as a "whole truth" Free market.
Mr. Barua has been with Grameen Bank since its inception and has played a key role in the development of the micro-credit
model. He has been crucial in developing and strengthening the institution of the Grameen Bank. He was the Principal Officer
of the Tangail Project - the first expansion of the Grameen Bank. He was also one of the main architects in transforming the
Grameen Concept into an independent specialized bank. His contributions included:
Developing the "Grameen
Bank Credit Manual".
Developing and strengthening of Grameen Bank’s Monitoring & Evaluation System.
He developed the formats which are still in use. He also came up with the idea of " Thursday Schedule" as a way
increasing supervision and monitoring.
Developing pioneer concepts and programs for impact analysis and training.
He formulated the methodology for collecting case studies and was the first one to publish them in book "Beltoil Gramer
Jorimon O Annanora"
Mr Barua is also transforming Grameen Bank into one of the world's leading investors
in the sustainability exponential of Solar Energy
Help search of community world trade - Anglo, India, USA
Dedication - the system changing goal that can most unite Win-Win-Win worldwide is ending poverty
as my dad forecast at The Economist in 1984. So we dedicate this summit network to entrepreneurs
ending poverty everywhere and particularly all friends of Bangladesh and Muhammad Yunus for inspiring such wonderful actions,brands, purposeful businesses and learning
I Introduction
Mapping
social businesses
There are two types of mathematics used in economics. One – the mathematics of addition and subtraction
– forms the basis of accounting and assumes the world is made of separate, isolated parts that are put together and
taken apart. This is a world of straight lines.
The other – of multiplication and division – forms the basis of Mapping
and assumes the world is made of interconnected relationships where one action in one part has knock-on effects on other parts.
This is the world of exponential curves: virtuous spirals where (say) 1.1 x 1.1 leads to ever accelerating growth; and doom loops or vicious circles of (say) 0.90 x 0.90 which quickly spiral away to nothing.
In real economic
life if you don’t understand exponentials – the mathematics of relationship – you don’t understand
anything sustainable.
The shareholder value maximising capitalist corporation inevitably generates one type of exponential:
the downward spiral. Why? Because its demand that it must take the maximum possible value out of the system of which it is
a part once every three months inevitably ends up sucking the life out of that system, generating conflict along the way.
This downward spiral can be hidden from view so long as the victims of this value extraction remain silent and powerless:
people without a vote, people without a voice and/or people without money. Usually, all three come together: the only way
to have a vote or voice in a capitalist marketplace is if you have money. If you have no money, you have no ‘vote’ and no voice.
The
alternative to the shareholder value maximising capitalist corporation is not the communist regime, or a charity, or a taxation-subsidised
public service, but the social business. Why? Because the social business puts human purpose rather than value extraction at the heart of what it does, and it builds
relationships around this human purpose. It is economically viable – it pays its bills – but it does so in a way
that builds win-win-win relationships. These win-win-wins generate trust and become magnets of goodwill (a term accountants
have always used and never understood), creating a positive multiplier exponential: expanding, inclusive virtuous spirals.
The new media
and metrics challenges of goodwill branding, business and economics integrate how to design, build and sustain these positive
exponentials. This book introduces Mapping as one of the supporting tools of social business.
Almost all social economics problems of the world will be addressed
through the social business system , Muhammad Yunus, Nobel Peace Prize, Acceptance Speech
The challenge is to innovate
business models in such vital contexts as health care for the poor, financial services for the poor, information technology
for the poor, education and training for the poor, marketing for the poor, renewable energy for the poor..
Real
entrepeneurship
The Mapping methodology aids ‘real’ entrepreneurship. ‘Real’
entrepreneurs don’t only come up with a new product, a new technology or a new business model – they also design
a set of mutually reinforcing win-win-win relationships around it. It is this element of ‘system design’ that
makes the new project sustainable. If it is designed with positive exponentials – the creation of a virtuous spiral
– at its heart, then if it can be created once, it can be created again and again. It can replicate, grow, expand and
spread.
Mapping also allows us to re-inspect the status quo with fresh eyes.
Today, there are at least 50 global market sectors – ranging through healthcare and banking, pharmaceuticals and property
and insurance and pensions and lawyers, food and water and energy and arms, education and mass media and telecomputing’s
new interactive media – with annual monetary exchanges of a trillion or more a year. Their current operations need to
be audited from the perspective of the exponentials they are generating.
The relationship
between the main economic entities is illustrated in Figure 1 (below). Are they simply externalising risks and costs to the
voteless, voiceless and moneyless? Or are they truly creating a virtuous spiral? How to redesign them so they shift from one
design to the other?
Figure 1: Contrasting
dynamics of different approaches to wealth creation
The different dynamics of these
contrasting approaches is illustrated by the contrasting fortunes of the western banking industry and microcredit. In the
West, banking focused on driving up consumption while passing on risk to (unknown) third parties, while microcredit was focused
on investing in entrepreneurial productivity and communal sustainability, and accepting known risks. By 1997 the success of
microcredit banking was proven in Bangladesh, where it served nearly 10 million of the world’s
poorest women. Since then, the microcredit movement has been expanding worldwide. With this exponential still rising, microcredit
has taken less than a decade for worldwide networks to reach 100 million of the world’s poorest.
Summary
The truly good news is: many
of today’s most urgent challenges are explained by the same mathematical error of accounting: a monopoly measurement
of the world as being only made up of separate, isolated parts while devaluing relationships and the trust and goodwill that
can flow through them. We have a good probability that by correcting the maths – by designing and sustaining complete
systems that work on a ‘win-win-win’ basis – we can start curing all of humanity’s problems.
2 Mapping’s Core Elements
What
is Mapping?
Traditional business and economics focuses most of its attention on just one entity and one problem: how
to increase the profitability of the firm (regardless of the costs this might impose on other parties such as employees, the
environment or society as a whole).
Mapping is based on two assumptions. First, that real, wealth creation flows through many
levels simultaneously including individuals, groups (teams, communities), organisations, networks of organisations (supply
chains, regions, nations), and global society (the environment, international relations etc). Second, that it is only sustainable
if each level is systemically a) getting its core needs met and b) contributing what it can, rather than focusing simply on
value extraction (see Figure 2 where each of the inputs links an exponentially spinning subsystem of productive human relationships
-(eg are individuals on a microentrepreneurial action learning curve up? - and each of the outputs links a value demand subsystem).
The challenge of Mapping is to design and maintain all-round ‘win-win-win’
systems where each ‘level’ benefits from its dealings with other levels. This is in contrast to the ‘win-win
conspiracies’ that dominate most economies today: where two parties ‘win’ at the expense of a third (e.g.
where shareholders and employees ‘win’ at the expense of customers – bureaucracies; where shareholders and
customers ‘win’ at the expense of employees – slave labour; where customers and organisations ‘win’
at the expense of the environment etc).
This is the central challenge of innovation: to invent or redesign wealth
creating networks and systems so that win-lose relationships and win-win conspiracies are transformed into win-win-win virtuous
spirals. This is not easy. It requires long, iteratively-detailed dialogues, series of micro experiments, trial and error
etc. So the detail of Mapping can be very deep and local which is how usable geographical maps are also triangularised.
But the idea behind it is incredibly simple: how to generate virtuous win-win-win spirals around human purposes? In other
words, how to create sustainable social businesses and keep on regenerating the most humanly purposeful organisation or network.
The
rest of the book shows how Grameen, Bangladesh as an emerging nation of microentrepreneurs and hi-trust sustainability investment
Partners have networked win-win-win Maps – and how, learning from the experience of Grameen, the theory
of Mapping can be used to help extend and accelerate the application of Grameen’s action learnings.
3 Mapping microcredit’s trajectory
Micrecredit and beyond
From a Mapping perspective, Grameen has gone through four phases, each of them opening up
new win-win-wins onto the whole ten-win model.
1976-1983 Microcredit’s Banking for the Poor. How the microcredit movement created a
virtuous spiral around a 6-win model: -productive and demanding relationships between individuals, centres/communities and
an organisation (Grameen).
1983-1995 Replicating the exponential nationally, and planting the seeds internationally.
1996-2005 An
entrepreneurial revolution in mobile. The win-win exponentials extend to all ten nodes – to society as a whole. Meanwhile,
microcredit goes global (ten win) via the microcreditsummit network.
2006 onwards: Worldwide acclaim with the Nobel Prize
awarded half to Dr Yunus and half to Grameen’s millions of female microentrepreneurs Global brand architecture with
the birth of partnerships in Future Capitalism. As the new book by Dr Yunus reveals, Future Capitalism designed from Micro-up
entrepreneurs and generating communal goodwill multipliers can sustain any deeply human purpose we focus on worldwide. However,
FC partnerships need to be openly formed between the world’s deepest grassroots service networks
- such as the 100000+ Bangladeshi’s employed in microcredit - and global corporations governed by win-win-win exponential
rising metrics. We can start bridging cultures, rejoicing in young and old, and caring about male and female - and relentlessly
prioritise the end of poverty’s broken system, -by spreading the idea of social business and cheerleading microsummits.
Grameen in 2008 is ready for collaboration agents who wish to connect www entrepreneurial summits around such deep community-connecting
sectors as solar energy and mobile ending of digital divides. These MICROsummits can invite youth of the world to join in
and track as ambitiously collaborative goals as microcreditsummit started propagating in 1997 when it was
launched by such partners as the Bangladeshi microcredit networks and the WashingtonDC
social business results.org
4 Next
steps
Spreading the revolution
Early progress mapping surveys
on solar energy, the shift from mobile to the internet (ending the digital divide), education, health and water; How social
business is beginning to revolutionise huge global sectors, one after another; How Mapping can help spread the revolution
to new industries and geographies. Staring the search for other human sustainability investment movements which include:
The Johannesburg
Cluster –CIDA Free University, BransonSchool of entrepreneurship
and Social Action Corporate Responsibility, Mandela Networks and scholarships
The Atlanta-Austin Cluster where
2 CEOs (John Mackey and Ray Anderson) of stockmarketed corporations (WholeFoods and Interface) have succeeded in setting goals
for turning the sectors of industrial carpets and supermaketed foods into ones that sustain future generations
The Paris
Cluster which is were the innovation of Future Capitalism partnerships began with Grameen-Danone, Grameen Credit-Agricole,
Grameen-Veolia and the SMBA at HEC.
Various Indian networks ranging from health cities and
mobile partnering experiments to the world’s largest social business school – the 31000 children of Lucknow City
Montessori run by a family of Gandhians.
5 Back to basics
Rethinking economic theory
How social business/Mapping forces us to reinvent economics.
The choice of seeing that human beings are not selfish, rational profit maximisers. They are
social, reciprocal beings. Economics needs to be built on the foundation of humanity: reciprocity.
Real wealth
creation can never be measured in terms of money profit.
Markets. Adam Smith rightly identified
the importance of bottom-up entrepreneurial activity and of competition. However, his writings were seized upon by traditional
economists to do something else completely: to argue that the ‘hidden hand’ of the market always creates the best
of all possible worlds. This closed off investigation of the real challenge of economics: the design of sustainable,
win-win-win systems.
Innovation. How the notion of entrepreneurship was distorted into top down,
value extraction, as distinct from creating bottom up, win-win-win exponentials.
Friday, October 24, 2008
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Regarding video 3 David of alternatepower
community asked what is the cost per hour of Grameen village solar
Whole Truth solar
costing starts with a quarter century and whole community view as does other regeneration/sustainable infrastructure
work:
Grameen solar commits to products with a 25 year life
once installed there is almost no cost - vilagers
are trained in any maintenance;
Grameen members are used to take out 3 to 5 year plans to pay for things like
putting a solid (monsonn-proof) roof over their head; I dont think the plan cost for solar is that much above any of
the ther maintenance plans -remember we are talking about a free solar market multiplying value for the world's
poorest householders
The answer appears to be that if whole communities in sunshine places scale
round a basic and open solar standard -and local people are trained around an open practice service - it is way
cheaper than any other power source . Its extraordinary that our NW media does not cover this good news. This organic
organisation of your whole community around solar does not suit big corporations and their overheads. Solar communities
don't need to advertise the product; once you see you neighbour's joy of solar you want it too.
Doubtless
we who live in rich cities will find that there are regulations and other bureaucracies which need to be burst through before
we are 'allowed' to replicate solar.
SOLAR'S MOORES LAW
But the good news remains if one of
the poorest places in the world by focusing on this for 10 years can exponentially lower cost of community-wide
empowering people with zero-carbon energy, what could be done with solar if we in the rest of the world demanded it seems
very good news indeed.
It would also create local jobs in precisely those places where people and youth do
have community-building time on their hands. I think that if green ever became known as a simile for local job empowerment
, solar could help return democracy as being for and by the people.
MAGIC OF MICRO SUSTAINABILITY INVESTMENT
Wouldnt
do any harm to plant community banking as part of the same distributed empowerment dynamic of sustainability investment. Unlike
rebuilding global banks that have lost everyone's shirt which is a "cost', the solar journey grows economies
at the grassroots, makes communities steadily richer and cleaner at same time. We need an innovation of true community
accountancy to see what costs us more than our next generations can possibly afford is continuing a jot longer to
be ruled by Big-Brother sponsored measures that have spun us around a fallible globalisation this last quarter century
Announcing the good financial/economics news of the month competition
In this world where finance and economics seems to have been compounding so much dismal news recently, my father http://www.normanmacrae.com/friends.html and I propose to start a thread on best news of the month. Next month in a parallel development we will be asking
10000 youth to join the search http://yunus10000.com - if you may want to help host a youth event in your region please contact me chris.macrae@yahoo.co.uk
Here is September's benchmark for good news of the month which may take some beating by any
month
GRAMEEN TRUST AND FUNDACIÓN CARLOS SLIM ANNOUNCE JOINT VENTURE TO PROVIDE MICROCREDIT LOANS TO THE
POOR IN MEXICO -- Venture will initially deploy $45 million (U.S.) for microcredit loans destined for needy individuals in
the poorest regions of Mexico.
Fundación Carlos Slim A.C. (“Fundación
Carlos Slim”), the family charitable foundation of Mexican businessman Carlos Slim Helú
Using the
lending model pioneered by the Grameen Bank of Bangladesh, Grameen Carso will provide small microcredit loans to poor individuals
to enable them to create or expand small entrepreneurial initiatives. These loans will not require collateral
and instead will use a system of mutual support among the borrowers to encourage repayment. Borrowers also will build
savings during their loan-based relationship with Grameen Carso. Based on Grameen Bank’s huge success in Bangladesh,
where it serves over 7 million borrowers, and the success of other Grameen initiatives around the world, the joint venture
expects that income from entrepreneurial activities will provide borrowers with a path out of poverty and a foundation for
development of family health, education and general welfare. Like the Grameen Bank, Grameen Carso expects to concentrate
on loans to women, as experience has shown that women are the most successful and reliable borrowers.
Grameen
Carso reflects the commitment of Fundación Carlos Slim to greatly expand microcredit in Mexico for the benefit of persons
who are excluded from the traditional banking system.
Professor Muhammad Yunus, who founded the Grameen Bank
and shared the 2006 Nobel Peace Prize with the bank, said “it is obvious that poverty remains an enormous problem in
Mexico and it also is obvious from the history of the Grameen Bank that microcredit provides a direct and efficient means
of reducing poverty. Through the entrepreneurial initiatives of borrowers and the education and financial training that
are provided through the Grameen lending model, borrowers build economic foundations for themselves and for their families
and they focus on improving their families’ education, health and general well-being. Grameen Bank has shown that
microcredit programs can be an economic success without charging exorbitant interest rates. I am enormously excited
by the opportunity to bring the Grameen model of microcredit to Mexico on a large scale and I am very grateful to Mr. Slim
and his foundation for providing the resources necessary to make Grameen Carso a reality. We welcome ideas and recommendations
for improving the lives of the poor in Mexico and elsewhere”.
Carlos Slim is one of the world’s most important philanthropists and
most people have never heard about his humanitarian activities. He owns stock in more than 200 companies that employ more
than 200,000 people in Latin America and beyond. He has used his resources to help develop the communities where his businesses
are located. In his own country, Mexico, he has personally supported more than 165,000 young people in attending university,
paid for numerous surgeries, provided equipment for rural schools and covered surety bonds for 50,000 people who were entitled
to their freedom but could not afford. He recently created the Carso Institute for Health, and designed it to provide a new
approach to health care in Mexico. He has four billion dollars of investments ready to promote education, health and other
great challenges, and has recently announced an additional six billion dollar investment in several programs, including his
Telmex Foundation."
Dear Peter and friends of community-up projects of deep sorts that need careful transparency and awareness
building. These do not feel like ordinary times -with eg at Clinton Global last week - Gordon
Brown's confessions of broken economic systems -apart from global financial crisis- we must invite youth &
peoples everywhere to join in resolving at least 3 other system failures;
massive restructuring of jobs all over the world makes people insecure
the second problem is the pressure for resources: oil prices, that long-term demand for oil and for food and for basic commodities is exceeding
the supply of it and until we solve that problem, then we are going to have volatility which pushes those who just emerged
from poverty back into it
The third problem is the gap between
rich and poor. As Bill Clinton has said in so many occasions
that rightly so, we have a world that is unsustainable. We have a world that is unsafe and we have, for many people, a world
that is unfair. And it’s more than unfairness. We have a moral problem about the rights and dignity of every child.
We have also a security problem. (Probably less than 5% of USA or UK population know about this system problem in
a practically urgent way) Parentheis are my words.
I have been having a brief email exchange with Michael Maranda (in Chicago) whom we have both occasionally corresponded
with at ned or its predecessor omidyar.net
Its 5+year history as I recall started by the dedicated Theresa Williamson who have met once (her dad being
an DC economist) as a portal for grassroots projects; it then took on a combined life as a physical space in Rio inviting
people from the favela to come and organise community building projects. The physical space has now been closed and Michael
and Theresa are relaunching it as a virtual space connecting grassroots projects worldwide
It feels to me that
there may be synergies and mutually win-win intents between catcomm and www.tr-ac-net.org and potentially cataloguing micro and social business projects- and obviously both are resources that have had many years
of people time put into them; I expect that there are rather a lot of such jigsaw pieces (it would be sad to see them disappear
through failure to connect them though I am not privy to which ones are self-sustaining and which are in need of co-partners)
I am writing in case there is a conversation to be had. I am not sure of the different levels that may be relevant
1) directly between what catcomm.org and tr-ac-net want to achieve
2) maybe I am just being a bit dazzled
but last week's clinton global had so many opinion leaders confessing to too much global down and the once-in-a-generation need
to reunite millennial goals and community -up approaches. I have footnooted obama's 4 pledges if elected as his
specific one on ending malarai by 2015 (if we take it seriously) needs a response because that aint going to happen with Peter's
malaria networks knowledge being included in the picture; Peter also spent about 20? years of his life stomping round Africa
so has a lot of knowledge relationships relevant to transparency conflict subtleties in that continent
3)
of course there are potential links between this and what yunus friends and I try to champion both in cataloguing replicable
socila bsuiensses and the 10000 youthdvd network dialogue people like mostofa and I aim to be connecting soon http://yunus10000.comhttp://yunusworld.com
Longer-term , if I or we can get there, I wish to encouarge start up teams to imagine wherther the people's summit
that networks as http://microcreditsummit.org can be bridged to other vital community-sustaining areas including:
Look forward to these or other potentially relevant ideas. It may
be best to focus on 1) first since clearly many years of work have gone in to tr-ac-net and catcomm and if there is a
way they could immediately help sustan each other and I dont want my passions for Yunus project mapping to get in the way of
any immediate needs your community webs need. Apologies if I may have slighly set up contexts wrongly, please go ahead
and re-edit more precisely what the goals of catcomm and tr-ac-net are
There is also the issue of whether proprietors
of London-based hubs should be included in this conversation. I believe I was the first person to publish a physical directory
to hubs around the world about 15 months ago but its an area that has run into 2 kinds of conflict:
the north
west hubs have first level problems of how to sustain their bricks and mortar so instead of being open colaboratioin hubs
to each other they tend to keep their best info for paid up local members. They also seem dominated by social entrepreneurs
who I find 90% of muddled where they seem to be beholden to the same models as charities rather than seek to clarify their
sustainability the way yunus and social business entrepreneur models map.
It seems also that we have 4 East Coast cities:
DC, New York, Chicago and Boston -and my old network stomping ground of London - where we know some of the people who
have lifelong commitments to collaborating between community-up and in effect my dad's 1984 forecast -as senior European
economist - that sustanable globalisation will need such people power networks to win out versus the global-down only
be those the deceased wall street banks or the not yet deceased global-down NGOs http://www.normanmacrae.com/netfuture.html
briefly cc -mostofa at http://yunusforum.net is charged by yunus to start registering people who wish to be knowledge ambassadors for the Bangladshi franchises
of community-up- Samira being one of the first people in DC that may be connecting around that; hattori is an old Gandhian
friend (veteran of a series of annual 500 person conferences http://www.globalreconciliationnetwork.org/ London Delhi sarajevo) of mine Modjtaba Sadra at london branch of Aga Khan uni whose life long study of cultures is
particularly tuned to tryng to bridge east-west conflicts; Patrick and Robert are 2 london co-stompers who I have a long history
with - for example in 2005 Patrick and I were applaed by the officail make poverty history years that was all global-ngo down
and we convened various 40+ person open spaces on the other system round for ending poverty (which was probably where I first
heard of microfinace)
marriah helped arrange the cable tv program on collaboration cafe http://www.youtube.com/watch?v=_9nL_a0K97I which can fill a practical gap if citizens dont altready have their own preferred cafe process
chris
macrae washington DC 301 881 1655
PREVIOUSLY
Michael sent you a message.
-------------------- Re: Catalytic Communities
peter and I know of each other, I think thru o-net ... I support the goals (accountability/transparency)
...
I'm also interested in supporting issue/area champions via CatComm.
we know each other, I think thru o-net ... I support the goals (accountability/transparency)
...
I'm also interested in supporting issue/area champions via CatComm.
================================================
Obama's
4 action pledges:
1
And the first commitment that I'll make today
is setting a goal of an 80-percent reduction in green house gas emissions by 2050.
2
and that is why
the second commitment that I'll make is embracing the millennium development goals which aim to cut extreme poverty in
half by 2015. This will take more resources from the United States and as president I will increase our foreign assistance to provide.
3
And that's why the third commitment I'll make is working to erase the global primary education
gap by 2015. Every child, every boy and every girl should have the ability to go to school. To ensure that our nation does
its part to meet this goal, we need to establish a $2 billion global education fund, and I look forward to signing the Bipartisan
Education for All Act that was first introduced by Hilary Clinton, a true champion for children, not just here in the United States but all around
the world
4 So today I want to join with
the global malaria community that is meeting here in New York to make a new commitment: When I am president, we will set the goal of ending all deaths from malaria
by 2015. It's time to rid the world of a disease that doesn't have to take lives.
In case anyone is still looking at this flow I found
what Hernado de Soto said relevant and of course he is one of the greats of community-up from s. america continment
But the message hasn't probably gotten across, that the majority of entrepreneurs are actually poor
in developing countries. And they're working outside, and sorry for the silver bullet again, they're working without
the tools of the law that allowed them to get capital, get credit, identify themselves, get markets.
So, I consider that in spite of all the talk, in spite of the wonderful work of Muhammad Yunus, who is out there and
with his microcredit schemes has been able to show that even people needing $10 a month are entrepreneurs. We haven't
yet got a world massive program whereby all of these entrepreneurs are seen not only as receivers of charity but actually as actors and give them the tools
to actually look at the issue because it's an issue that falls between the cracks of becoming economists and lawyers.
Economists understand order and they understand entrepreneurship. But when they are faced
with the fact that entrepreneurship actually only thrives when there is the right legal setting that allows you to deal with
people you've never seen that are far away in lands you have never thread on because you’ve got documents that are
property documents and contract documents that allow you to see facts and people that you can't touch. Until that kind
of thing is put into place, it won't work.
And on the other side, you have lawyers, who know what you have to
do to crack the problem probably but are not aware of the problem of order. So, we've got also even in the west a tremendous
division between economist and lawyers. And if we had been like in the old 150 years ago where we’d all been part of
the same faculty, we might have put the whole thing together the way the founding fathers of the United States did, where
they realize that entrepreneurship was not only a legal problem, it was a political problem. And it was a question of empowering
them and it was a question of undoing the feudal system that only focused on those that had success and had the heritage.
It's the issue of globalization. President
Clinton was saying something very important which we have grown in the last 20 years like never before. But
there is another statistic that is also extremely important. We have grown in the last 60 years where we began globalizing
more than we have in the previous 2000 years.
But the important thing to understand is that globalization is really another
word for global contracts 57.14. And if you don't get global law to bring everybody in and 4 billion people in the world
are not within the law, you're not going to be able to save globalization which is the engine that's given us prosperity
reuniting mammon and god - now that wall street dinosaur is dead
Peter B see that something called http://microfinanceafrica.com is actually run by the anglican church out of london
forgive me for never quite knowing where churches connect
- is your carpenters children program in Tanzania part of the same church system? are mandela and tuto? If anyone else can
explain whether any church or other action networks they connect with connect with above, that would be great.
I
am thinking that mostofa's team needs to find out whether microloanfoundation has any views of this network -as long
as they are not negative we should try and connect them as part of loondon's efforts to connect Yunus 10000 youth http://yunus10000.com and 3 groups which we so far havent done very well at flowingh
*the original microcredit supporters
of dr yunus
*Bangladeshi london
*the rest of london that is interetsed in social actions , social business or
future capitalism applications to any of sustaqinability investments\'shealth, education, water , food, energy, job
creation, peace
I have been working on intangibles valuation crisis for 19 years - when i was at main london office of Coopers
& Lybrand and spotted the biggest maths error I have ever seen embedded in the separated-box (opposite of connecting flow)
monopoly of metrics that tangibless acccounting is
Its important to realise that there are 2 opposite camps.
those who are trying to force fit intangibles into the old accounting and old profession system ; and those who want a whole
new book (-he leading network of that 2nd kind published unseen wealth reports (2000) in DC and did some work at http://euintangibles.net until its funding got withdrawn as we were asking too many questions that machine-oriented Knowledge Management(KM did not
like
I was first briefed by the chairlady of unseen wealth that brand experts had completely screwed
up intangibles in early 2001; she said go see if KM will do any better; by about 2004 people like sveiby and edvinnson were
admitting human KM was dead in the sense that it had been hijacked by those who wanted computers not human knowhow to be invested
in
if the other system round models of intangibles had tr5uly compounded over time then Wall Street would not have lost all its 5 investment banks - 3 disappeared and
2 changing their constitution; andersen would not have disappeared; enron and exxon and worldcom et al would not have
sponsored the white house; clean solar energy would be communally waving its good news; the world would be a happier place
for humans where trust surveys were on the up and up instead of crashing down;
the mapping epicentre of the
other way round systems is now muhammad yunus and all the indian/bangladeshi/parisian microeconomics alumni
networks around him; http://www.smbaworld.com/id8.html
basically their microeconomics and collaborative approached to intangibles;
the other system round from top-down views; 25 years ago my father forecast this war of 2 different mindsets and its
critical impact on whether we intergarted every locality into gloabisation fairly or not
Traditional
institutional laws in most countries are not helping design sustainability - it was the same truth problem Gandhi had to overcome
to go beyond British Empire days. It was why the year 2000 Economics report on exponential risks of Unseen Wealth (intnangibles
crisis) was chaired by a social lawyer as well as an economist. (Incidentally interviews I have personally made show the incoming
Bush regime -Texas in the White House - shredded the report and pretty well demoted all its authors in the second quarter
of 2001)
Microcredit on every continent has always had to battle with these constitutional problems and the professions
with a monopoly of how history ruled http://microprosummit.com , as do the 100000 Bangladeshi micro sustainability investors at Grameen, Brac and other grassroots networks for compounding
goodwill exponentials with their 30 year model of social business . This is why social business entrepreneurs need each other
both in cities and intercity -help launch your http://www.socialbusinessclub.net/
I have met Dr Yunus 5 times this year. Just like there are many collaborative roads to his end goal of poverty
museums, the same applies to social business stockmarkets. In Paris, they have started an SMBA at the leading bsuiness school
HEC - one day every city needs as many SMBAs as MBAs. In London we http://www.forceforgood.com/Theme/article/35-0-1-Social-Business-0/1.aspx have been asked by Dr Yunus to convene 1000 person meeting in which we commuanly publish 300 social businesses or social
teamwork actions. What we learn from asking citizens to come publish a communal cataogue of social businesses, we will share
with any city who wnats to replicate.
However most important of all to Dr Yunus is Youth. Over 60% of all future
jobs will have to be created by youth and throuigh how they action learn in educational systems. So Dr Yunus is sending out
a dvd to 10000 youth with 20 good news video conversation starters and hopes that some freshers and other student union clubs
will dalogue year long, and even form some small social buisneses. If you are up for making sure your peers test out the yunus10000
dvd, tell me how many copies you want. Its just being proof-tested in Dhaka as i write (chris.macrae@yahoo.co.uk us tel 301
881 1655)
There is no justification for Compartimentos -everyone strategically to do with it including Accion needs
to be charged with increasing poverty in the world. Not knowing where the system you are governing is leading to is no excuse
http://trilliondollaraudit.com - the maths of sustainability expoentials is very simple if your leadership wants to do it transparently http://www.valuetrue.com
Inciidentally, Grameen in Mirpur (dhaka, Bangladesh) has a library of about 20 leaflets that capture the 4 founders
experience of microcredit since its origin in 1976 - the relevant one may be : some suggestions on legal framework for creating
microcrediit banks, by M. Yunus, July 2003
