Category: #stakeholder economy
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It’s the Biology, Stupid!
“It’s the biology, stupid! Proxy failures in economic decision making” is a commentary by Pier Luigi Sacco (available here), on a work by Yohan J. John et.al.: “Dead rats, dopamine, performance metrics, and peacock tails: Proxy failure is an inherent risk in goal-oriented systems” (also available on ResearchGate) Where the “Dead rats, … peacock tails”…
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Lead with purpose, govern in partnership
Also by Professor Mazzucato from the IIPP: “MISSION CRITICAL 01 Statecraft for the 21st century“ This research draws on expert interviews and builds out from the seminal work of author Professor Mariana Mazzucato at the UCL Institute for Innovation and Public Purpose (IIPP). She has established clear criteria for missions (Mazzucato, 2019) and made the case for mission-oriented government (Mazzucato,…
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Countries must decide what missions can help direct their economies.
Industrial strategy is experiencing a renaissance. Getting the details right matter. Mission-oriented industrial strategy needs to be more than words if we want to avoid missions becoming part of the problem, not the solution. This report (Mission-oriented industrial strategy: global insights) is based on research conducted over the past several years, led by Professor Mazzucato and…
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Tim ‘S Jongers legt armoede uit aan mensen met geld
“Armoede uitgelegd aan mensen met geld” van Tim ‘S Jongers is een meer dan waardevol boek om te lezen. In een land geregeerd door welvarende, hoger opgeleide mensen wordt op een beperkte en soms zelfs schadelijke manier naar armoede gekeken. Mensen met geld snappen niet wat armoede is – en toch gaan zij over de…
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Market forces are not enough to halt climate change
A very interesting opinion has been published a while ago in the FT: “Market forces are not enough to halt climate change“ I like to repeat the quote used in the “Nature Anthropocene briefing of July 5“, with following comments:The desire for financial returns will mean that fossil fuels continue to be good investments, thus…
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When liars are considered honest
When honesty relies on sincerity rather than accuracy People in liberal democracies value honesty in their politicians and prioritize honesty over ‘delivering the goods’. How can serial liars be considered honest? This conundrum can be approached from a variety of angles. Here we apply the lens of recent theoretical work that has identified distinct subjective…
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Getting Things Right
The article “Getting Things Right; Diagnose and Design in The Evolution of Community Provisioning Systems” tackle the great questions behind the observation of “Why do some governments, organisations and community leaders seem to get it wrong in confronting a crisis?” Why do others succeed? Is there something to be learned from how the different responses…
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What fails and when?
“What fails and when? A process view of innovation failure” presents: Research on innovation failure has proliferated lately but with little theoretical attention given to the diversity of the concept. Using process theorizing, the article presents a model and propositions to understand how a firm’s anticipation and value toward failure depends on the type of…
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An Informational Approach to Emergence
Claudio Gnoli gives an updated view on emergence in “Foundations of Science“ Emergence can be described as a relationship between entities at different levels of organization, that looks especially puzzling at the transitions between the major levels of matter, life, cognition and culture. Indeed, each major level is dependent on the lower one not just…
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Participatory Action Research
Participatory action research (PAR) is an approach to research that prioritizes the value of experiential knowledge for tackling problems caused by unequal and harmful social systems, and for envisioning and implementing alternatives. PAR involves the participation and leadership of those people experiencing issues, who take action to produce emancipatory social change, through conducting systematic research…
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policymakers: enable individuals
Social, environmental, political and economic challenges — such as pandemics and epidemics, environmental degradation and community violence — require taking stock of how to promote behaviours that benefit individuals and society at large. Multidisciplinary meta-analyses of the individual and social-structural determinants of behaviour (for example, beliefs and norms, respectively) and the efficacy of behavioural change…
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How the US Is Destroying Young People’s Future – Who is next ?
A stunning speech from Scott Galloway on TED, tackling the issues of western (US) society. However, the talk is about US, the issues are not just limited to the US, and can easily be found back in the modern western world. As such, this talk might be inspiring. In a scorching talk, marketing professor and…
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Intelligence: Evolution, Brains and AI – but #6?
I just finished the marvellous book from Max Bennett: “A Brief History of Intelligence“. As mentioned by the praise: “If you are interested in understanding brains or in building human-like general AI, you should read this book.” Dileep George, DeepMind, Co-Founder of Vicarious AI In the book, a wonderful story is given from the evolution…
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Limitarism – A bliss
Ingrid Robeyns’s Limitarianism: The Case Against Extreme Wealth, a powerful case for limitarianism–the idea that we should set a maximum on how much resources one individual can appropriate. A must-read! (so says Thomas Piketty). Ingrid Robeyns’ Limitarianism is a recent addition in a long line of critiques – such as Thomas Piketty’s Capital and Branko Milanovic’s Visions of Inequality – of the…
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Equality is essential for sustainability.
In following, I resume 3 recent articles on this most valuable topic, related to the survival of our environment, societies and species. Why the world cannot afford the rich Equality is essential for sustainability. The science is clear — people in more equal societies are more trusting and more likely to protect the environment than…
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Humanity needs a fundamental shift—“a very different civilisation”
I choose to quote some sentences of the BMJ opinion article Osler’s valediction: how might physicians contribute to the effort to postpone human extinction?This article is written to physicians, but extrapolation to other professions is left to the reader. Historically, physicians have focused on individual patients. The time has come to expand the scope of…
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We weten hoe het moet – duurzaamheid …
Annette Kehnel, professor Middeleeuwse geschiedenis verbonden aan de Universiteit Mannheim, schreef enkele jaren geleden het inspirerende boek “We weten hoe het moet een kleine geschiedenis van de duurzaamheid van de middeleeuwen tot nu“. (of origineel: “Wir konnten auch anders: Eine kurze Geschichte der Nachhaltigkeit” (rezensiert von Dietrich Lohrmann, Aachen)Een fragment uit het boek is ter…
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Governing the economics of the common good
To meet today’s grand challenges, economics requires an understanding of how common objectives may be collaboratively set and met. Tied to the assumption that the state can, at best, fix market failures and is always at risk of “capture”, economic theory has been unable to offer such a framework. To move beyond such limiting assumptions,…
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Human society is currently undergoing a socio-cultural ETI
An evolutionary transition in individuality (ETI) occurs when a previously independent organism becomes a lower level unit within a higher hierarchical level (for example, cells in an organism, ants in a colony). Based on archaeological and historical accounts from the last 12000 years, this article “Human societal development: is it an evolutionary transition in individuality?”…
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Adult play – favoring collective decision making
Adult play and the evolution of tolerant and cooperative societies Play is generally considered an immature affair. However, adult play is present in several mammal species living in complex social systems. This article considers the hypothesis that adult social play is favored by natural selection in those species characterized by high level of social tolerance…
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The Escape from Poverty
Breaking the Vicious Cycles Perpetuating Disadvantage The perpetuation of poverty across generations damages lives. Drawing on a wide variety of sources and academic disciplines, along with lived experiences, this book examines why poverty is continued across generations and what needs to be done to eradicate it. This book – available for download – draws on…
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Stikstof – is het echt de landbouw?
Net een erg leuk, inzichtelijk en compact boek gevonden over het Nederlandse Stikstof verhaal, waar ook Vlaanderen nog veel uit kan leren, en misschien zelfs kan handelen. Thomas Oudman heeft recent “Uit de Shit – Een pleidooi voor meer boeren en minder vee” gepubliceerd. Zijn betoog: Het kán: de stikstofcrisis oplossen en boeren perspectief geven.…
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Paul Verhaeghe – Onbehagen
“Onbehagen”, het recente boek van Paul Verhaeghe, is een meesterlijke studie van hoe onze cultuur en samenleving inwerken op ons geestelijk welbevindenOndanks de welvaart op alle vlakken heerst er een groot onbehagen in onze maatschappij. Dit gevoel is van alle tijden en maakt deel uit van ons mens-zijn. Paul Verhaeghe laat in dit boek zien…
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Wicked7 – looking for “Regenerative” solution
12 jul 2022, TedX@Athens. Christian Sarkar makes bold statements: Globalization has failed. Income inequality has exploded. COVID hasn’t disappeared yet. And War is at the gate. What can be done in your neighborhood, in your city? We learn the lessons of regeneration from Palermo, Sicily – and the (website and) book by Christian Sarkar, Philip…
