The Parallel Parliament

Glen Pearson

Posts tagged “capitalism

The Explosion of Civil Society

Posted on April 7, 2015

  AS THE HOLDER OF THE HIGHEST POLITICAL OFFICE in the land, President Grover Cleveland gained due praise for his integrity, honesty, and a commitment for self-reliance. He struggled mightily against political corruption in an era where it was all too prevalent. He was liked across party lines. Yet his pro-business stance sustained a system where the free market found little to inhibit it. The increasing pressure to reform capitalism before it consumed the social wealth of the nation went largely ignored by Cleveland.  At one point he said, “The factory is the temple and the workers worship at the temple.”  The economy took a severe downturn by the end of his term. The period just prior to the end of the 1800s also felt massive…

Innovation Agents

Posted on January 29, 2015

  ONE OF THE GREAT CRITICISMS THAT HAS that always confronted the World Economic Summit in Davos each and every year is that its pronouncements sounds so grandiose and global when in fact little, if anything, concrete seems to come from all that talk and collaboration. We need evidence, the kind that is supposed to emerge when connected minds and collaborative intelligence get together and map out a way forward. Proof of what is possible is far more important to the billions in this world than mere projections of what could be. In numerous and provocative dimensions this is what billionaire and elite rebel Nick Hanauer has been prodding his peers to do: get real. Yet he understands that financial reform will prove impossible…

Pitchfork Democracy

Posted on January 27, 2015

THE DAVOS MEETINGS HAVE CONCLUDED AND, as always, we await the results. Warnings were coming from everywhere prior to the exclusive sessions – possible recessions, the lowering price of oil, global inequality. But as far back as last summer, one of those in the world’s most elite financial club was already sounding the alarm at various levels. Nick Hanauer helped launch 30 businesses, including Amazon, owns a bank, his own plane, a huge yacht, and qualifies, not as a member of the 1%, but of the .01%. He says that one of his keenest strengths is to possess a kind of instinctive sense of what the future will bring. What is his sense picking up now? “I see pitchforks,” he states confidently. “Our problem is…

The Time for Tinkering is Over

Posted on January 22, 2015

THE FEDERAL LIBERALS CAUCUSED IN LONDON this week and it was good to see some old friends. Justin Trudeau was struggling through a bout of food poisoning and his caucus was focusing on the one issue they believe will prove critical to the coming election: the economy. I get it. Each party is talking about our struggling economy, hoping to leverage some advantage from it, one way or the other. But I wanted to ask my Liberal friends one question: will you stop tinkering this time? All parties have been doing so, but this occasion in London could represent a turning point within the party. We all understand that each time we bounce back from some kind of recession, severe or light, that we never…

Firms of Endearment

Posted on May 20, 2014

  I LOVE THIS TITLE, BUT IT DIDN’T ORIGINATE WITH ME. It came from Raj Sisodia, professor of marketing at Bentley University and formed part of the title from his book, Firms of Endearment: How World-Class Companies Profit From Passion and Purpose. Sisodia is a firm believer that modern capitalism has departed from its early tenets and principles and is suffering a global meltdown in reputation as a result. He co-founded the Conscious Capitalism Institute in order to promote a dual message that capitalism has gone off course but that its recovery is essential if humanity is to progress. His is a voice we need, in part because we have too frequently castigated capitalism as the great culprit of all our ills when in…

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