This net is dedicated
to making the question – how do we create jobs?one of the most important questions
peoples, society, educational systems and worldwide netizens enjoy communicating everywhere that society flourishes. My family
is in our 34th year of co-hosting this question.
Macrae.tv - In Search of Free Job Creating Markets
This started with dad’s
survey of Entrepreneurial Revolution in The Economist Christmas Day 1976. Dad concluded that the third quarter of the 20th
century had turned viciously against communities and people being empowered to innovate jobs.
All the free market assumptions of Adam
Smith that Scots and French had historically helped microeconomic understanding of the value multipliers
of human productivity had been shredded > this was mainly by through the accidental but viciously spinning combination
of big government and big television spots. These dynamics grew like topsy in developed nations resulting
as the two most extraordinary non-economic changes that creeped up on peoples and main street in q3. Those who experienced
in exponential analysis of systems will recognize the familiar pattern of creeping up until a tipping point of accelerating
collapse is breached. So much of human conflict and destruction of value has resulted because few if any societies in our
modern world include this compass in education’s 4R’s
FUTURE HISTORY OF JOB CREATION AS 2010s NUMBER 1 CHALLENGE TO YOUTH
What we need to do with all the urgency we can muster and celebrate is: explore
every way that families, youth and communities can be encouraged to innovate jobs and how these ways can be interfaced to
win-win-win. Dad’s spent much of his next 15 years (1976-1991) of writing on exploring ideas of how the coming of the
internet would double or nothing the job creating opportunities and threats to the future of youth. His 1984 report on this
primary challenge of integrating every society into a globalization designed for young people and communities to flourish
was translated into 4 languages and customized for different countries- Sweden commissioned its own report and Nordica has
become one of the microeoconomic champions of our age of mobile networking and death of distance (the disappearing of geographical
separation as a cost inhibiting human productivity). Next dad did the biography of John Von Neumann and was fascinated by
the sorts of questions on job creation that the father of computing had planted.
Our family tradition as internationalist scots has always reveled in the way
that Scots and French helped cheerlead job creating economics since the late 18th century branding the word entrepreneur
for celebrations of such purpose. Family history made it natural that my dad’s four decades of work
at The Economist connected this with eastern productivity movements from beginning with 25 years of direct knowledge my maternal
grandfather experienced of how Gandhi –encouraged by the practices of Maria Montessori and Einstein’s theoretical
love of system designs that leaders employ to sustain next generations) used education to overthrow the poverty chains of
,local job destruction exponentialised over centuries of English colonization.
Next his reporting out of The Economist helped a world focus on how Japan of
the 1960s exponentialised on of the most innovative half-generations ever seen – social action and free market reporting
that was appraised as worthy of the Japanese Emperor’s award of the rising sun.
In dad’s final years he found bangladesh to be the
most inspiring case of all in raising questions on how digital technology and job creating youth empower each other. More
that that the emergence of this new nation in the 1970s made it the first 100+ million [population to solve the 64 trillion
$ puzzle of how to sustain microeconomics system designs of the way we choose to network globalization.
CURIOSITY AS WE CONNECT COLLABORATION
JOY OF MICRO ENTREPRENEURS
Most of the social innovation methods that
create jobs do not fit with conventional disciplines nor the language that 20trh C macroeconomists used. So we need your help
in linking ideas on job creation that are often much more similar than jargon and media hype makes them appear. We find it
useful to classify 5 human sources of productivity; then to ask how these sources can multiply each other sustainably ; then
interface these subsystems of how to design a job creating globalisation with the 5 main value demands. The sort of structure
any transparent free market needs to integrate is illustrated in this 10 win table. We can use hyperlinking to drill down
to concepts featured and compare similar ideologies that communities around the world have been experimenting with. Ultimately
job creation is central to the economics of youth and investment in our next generation is the unique value of our human species.
So we welcome everyone’s help in what is becoming the most urgent and exciting peoples exploration of the 2010s : creating
jobs networks
professionals 2.0 whose interface disciplines to compound no deep community harm
Here's the start of a coding frame -which
can be developed around any heroic goal youth networks of 2010s wish to sustain and match job creation. Dedication: inspired by World Citizen networks celebrating Muhammad Yunus and Dhaka en route to every sustainability capital
melanie I recall gunter was one of the speakers at the global summit in 2008- do any of your network connect around him; I gather
from sofia he has started publishing weekly notes that will accumulate to potential creation of 100 milion jobs (blue economy) http://www.quailsprings.org/CEC/BlueEconomy.pdf
love to find a way we could all learn from this and see if there is an intersection beween pauli and yunus nd
other 100 millin job creators - eg ceo of ali baba
where does he live these days? I wonder if there is
any way we can offer to help promote his ideas so the whole web accesses them; one small idea is that we will be distributing
1000 copies iof yunus new book; if we could get a small leaflet from gunter we could hand that out at same time
Job
Summit - New Zealand , USA (Time ) -10 .. countdown to obama job summit 3 December
This web seeks to catalogue social business designed round job creation - rsvp info @worldcitizen.tv
if you have one for us to (b)log, thanks The Social Business Action Teamin Hungry 2010s its not labour isnt working. its that job creation for we the people isn't working in any top-down
parliament - help if you can: we need intercity job creation franchises
social business of job
creation londoncreativelabs.com - case write up by chris.macrae @yahoo.co.uk
washington DC tel 301 881 1655
Which citizens franchises can be shared across cities to create jobs?
Sofia Bustamante created this social business after hosting dr yunus 69th birthday
dialogue June 2009; she is a facilitator keen to maximise the contributions facilitators can make in cities by helping people
understand social business models as a system design that empowers people and communities to create jobs; at the tme of the
Nobel prize various Bangladeshi expatriates were encouraged by Dr Yunus to convene regular meetings on his methods; sofia
and I both got to know the london rep of this process Mostofa Zaman – over the nearly 3 years that we have known him,
he has become Dr Yunus lead coordinator of citizen and youth dialogues around social business http://yunusforum.net
I don’t know of any social business franchises quite as simply to the point of encouraging
citizens to take job creation into their own hands as Sofia’s though I am sure she would say she is there to learn and
collaborate with any like minded facilitators across cities; for many years now she has accumulated intercity connections
with hosts of hubs or other sustainability agendas, so we are hoping that something similar to londoncreativelabs will have
local representation in about 50 cities within 12 months; ideas on how to strengthen job creation networks by citizens most
welcome
coming soon - please help us add to 09/10 projects
dear paul -you wouldn't mind would you?
I
believe you mentioned that the uk has a billion dollar of funds for regenerating communities and with impact you are aiming
to propose microcredit-type experiements in this regard
firstly
if this is correct , how soon could you, zasheem, sofia, someone from impact and I meet -perhaps with lord kinnock or someone
from british council and nazrul from spain?
secondly,
can we start an experienced email discussion group on this subject around you
third - just as a conversatiion starter : it seems to me that there is a model worth debating; it connects
microcredit, mrs begum almost free vocational training centres and microcredit employment agency services with a few twists
twist 1 I assume that a vocational centre could be designed around either what jobs a community has not enough
applicants of (eg informal nursing in many places) or a very specific skill that place had but which it is in danger of losing
twist 2 alongside this an exchange scheme could be set in motion so that nearly free lodging
could be found for a young person if there was a real reason why she or he had to go to another community for traiming because
her or his own didnt offer it
twist 3 entry to
vocational training schemes could be offered first to those whose afmily long-standing are members of a community bank
twist 4 - if I recall , there's a new law coming in to force in the Uk within a few years that goves any young
person who chooses the irght to education until 18 inmstead of 16; better get vocation edu centres erady in time
-twist 5 : when it comes to true microcredit banking there's a branded
idea of how goodwill multiplies thatg we are missing in not getting microcredit banks started in developed
nations; this is that with grameen bangladesh's favourite brand, whenever it launches a new branch the better off section
of the community are happy to put their own deposits in the bank because it has both a great reputation for regenerating community
and a good safe depeosit rate and is the nation's most trusted brand - guess I need to know more about yunus movie vocabulary
and identifiers before the global brand name becomes clear; in the UK Elizabetha bank has a fine mobile capital heritage to it
Paul Rose visits Bangladeshi
villages, field projects, and schools; and meets the country's leading innovators to report on life at the "front line
of sustainable...
Please
help us add to world citizen projects 08/09
Connect 10000 youth with dvds and a good news dialogue kit on how to create jobs, pioneer green, action learn community sustaining entrepreneurship
, and more
Connect 5000 interns and alumni of Dhaka has changed my lifetime
goals with others worldwide who want to learn from the land of 125000 knowledge hubs and the greatest portfolio of sustaiability
investment business sectors humanity has yet evolved
Prototype how any city convenes a 1000 person meeting so that its
first 300 social business or social action experiments are open sourced and celebrated by businessmen and citizens alike
An open letter to job creating community centres everywhere be they
hives ( 2) centres (1), hubs (12)...
Help Q&A CREATINGJOBS.NET charter until it helps communities practice job creation
We want
to understand the open games of job creation . We aim to expoentially develop creatingjobs.net and would love open
co-creating help. It would be fantastic to have your inputs.
Here are some ideas world apprentices & collaboration
researchers have seen working inter-locally
What else can youth -and everyone who loves community and
sustaining decent work - help spread through every city hive, hub, or center (as microcredit calls its 125000
hubs in bangladesh). Help me make a more inviting script out of them
1 Banking that invests in Productivity.
Banking that invests and is owned by the community; by those who most need work in the community; by those who want to invest
in the community's next generation
2 Valuing Green. Solar is a perfect local & labour intensive model but one where
no profit extraction is going ot a big city above the community and where local people help each other out with after-service.
Vlaluing green also demands citiznen debates on what is the market not costing what future sustainbility needs it to be compounding-
ie if the cost of carbon was fully taxed we would have moved over to solar by now and be both socilaly and economically thriving
instead of drowing in more and more dirt
3 Value as much as possible service- in the community governance. First ask
yourself in what is this a different system round than local government then national government, thyen continental government.
Ultimately local government isnt afraid of serving people. It doesnt erect false standards. Nowhere is this more obvious than
education. Today our schools educate only on "knowns" they can examine whereas the future is changing so fast that
action learning unkowns is more valuable to youth and next generation than being in a glut of history known
rules; and self-confidence to micro-entrepreneur create is more valuable than sitting inside classrooms ivory towers being
ordered by one old person who probably doesnt clich online as curiously as teenagers could if they first knew how to search
how to praticipate bin production instead of buying other cenelbrity's images.
There are many many game rules that are
more fun to hear in your own most creative language than any single editor at creatingjobs.net. Send us short postcards
that we can link to; tell us where your own blogs or webs on creating jobs are. Help us undesrtand views from all over the
world. The places that most need to study other system round job creation are those where superpower has taken over from by
the people for the people
Can we prepare for a new year's resolution 2009 of futuresunited ? Let's celebrate The End of The White House - and revel in The Begining of Rainbow House. If Obama
wins, his number 1 campaign promise uniting citizens is: to create 5 million green jobs. National government
can't actually do that but it can provide the evolutionary conditions which alow microeconomics to bloom.
Cheer on community facilitated markets investing in local productivity and the diversity instead of lowest
common denominator global standards. Interestingly, Obama has spemt his working life in america's primary region of microcredit networks and
his mother founded microcredit institutes in Indonesia before that was fashionable. Shhh - don't mention micrcoredit
on the campaign trail as something as fioreing as that would be the kiss of death in american media. But just as in Jan
2001 every globalisation oilman installed their own people in washington dc for 8 years; it is possible to imagine Jan 2009
being the opportunity for every microcredit woman and green energeising youth to hlep joyously change the white house.
sylvain- I am in washington dc
and have not been able to match your real time agenda; however I know several people across cities and countries who are very
interested in job-creating questions as they apply to their city or community and can be resolved by bangladeshi micrpcredit
methods which are the exact opposite community banking - and bottom-up investment in jobs - the exact opposite system from
wall street's rule ;
understanding how to change this will be one of the core quiestions we aim to animate round
5000 youth ambassadors during the college year 09/10; do you or peers share an interest in this approach; if so let start
introducing each other
chris macrae yes we can bureau of jfh washington dc 301 881 1655
Subject: "Satyagraha" sent you a message on Facebook... To: "Chris Macrae" <chris.macrae@yahoo.co.uk> Date: Friday, 3 July, 2009, 2:29 PM
Sylvain Henry sent a message to the members of Satyagraha.
-------------------- Subject: Next global online discussion this Saturday at 10 pm in Chatzy
I hope you will attend our next online
discussion. We will be answering many questions that have been asked about this event and our group.
sylvain
henry
PS Are you a bold blogger? Do you have an interest in helping to create or find employment in your
city or town for yourself or your friends? Here, then, is an interesting challenge you should consider today: Create a blog
suggesting ways you can help stimulate local job growth, or support the unemployed, then add this phrase as a header to your
blog (but specify your own city and contact info):
People from any city or town in the world may participate. Almost 100 people will be accepting this challenge
which begins July 3rd, 2009 at noon (Montreal Time). There is no prize for the winner except recognition by the members of
this group. Hopefully, though, you will become the point person for opportunities in your region.
Dear Sofia (To anyone else concerned with exploring following please phone world citizen
jobs creation bureau washington dc 301 881 1655 )
Please
hit reply button to indicate you have read this, and assuming some of it is worth questioning make a specifically timed skype
or other appointment to discuss ityou and I need to sit down for a day
an map out what we know about job destruction that is similar in terms of system failures; I am sure there is a lot more that
we can explicitly agree on once we have sketched maps than we disagree on; I hope we have mutual care of each other that you
trust we can do this a deux but if eg you need Judy to make it a threesome lets do that
there are 2 "forbidden lines"
on inquiry I want to brainstorm with you urgently so they inform http://londoncreativelabs.com/ and replicates across cities
TACIT PROCESS STREAM NUMBER 1
life in day of child growing up to maximise job flow- I have been thinking a lot about this since my daughter was 8 now 12 http://www.youtube.com/watch?v=65GONYCqM_k and it blended a lot with what we were learning from world citizen guides on education; I first started research how
learning happens on internet in mid 1970s; which is also written up in the 1984/5 stories of dad and my book I gave you ;
my own guinea pigs at Leeds University were female university psychology students who were only 3 years younger than me;
very strange too
what I learnt about the errors in psychology literature/theory –largely American dominated to this day and which start
with top down generalization (judy's tick box stuff) not interfacing bottom up cultural diversity the way nature does and
incidentally the way Einstein and Gandhi and Montessori as team-mates said the maths of innovation flows by to creating more
grounded (theory) space whenever conventional wisdom is too crowded for all to work with let alone be examined by; whenever
job-edu space is crowded go mire micro to innovate; once you have found a low cost micro solution open source macro (ie scale
up using worldwide tech of webs and mobiles)the extreme hot nature of interactive learning and doing by computer; and what happens as often
did when a class of liberated women rioted – ie stopped using the computer until I told a few stories that got them
started again (my role was to sit in a corner and only intervene if a woman was bout to throw a book through the terminal
screen – something early trials had shown can happen)however more recently what you and I learnt from our year of editing
world citizen guides while I was also thinking of my 10-12 year olds schooling experiences included:before 12 or start of adolescence ie
when youth start going round in what could be teams but will otherwise be gangs or being isolated from any group behaviors
Montessori
shows that it helps if every child is experienced to "teaching" youngers; there is a lot more in action learning
literature which I have friends at bath university who have been inquiring on this for 20 years - Alan rayner and whitehead
being 2 people who if you have many years of my emails in your inbox you can search; as far back as 1997 I spent a year moderating
by hand a 200 person group on organizing creativity -eg there work on communities of practice was newly emerging and some
of the people there went on to create software like blogs and other stuff when http://www.cluetrain.com/ was a 3000 person live discussion group; as so often only about 1% of the human ideas that were emerging ever got built on;
if you like this could have been an early version of tav's 24 dynamics the www could have been designed
round if collaboration was the big new advantage but wasn’t;
are the 2 places we could do this and if we could get yunus and
mrs begum experiencing a day of this I am sure it would turn the banker for the poor back into being the world’s number
1 open educator instead of being the world’s number 1 hans; after all it has always been the interaction between yunus
and mrs begum that made job creation investment in both illiterate women and their children united as a double loop; no mrs
begum no grameen now with hundred of thousands of job creating alumniaccepting the challenge as yunus
says in his Indian talk that their duty is to create jobs not to accept jobs that other people have made; that is an extraordinary
potential alumni group though oddly just like grameen doesn’t connect interns it doesn’t put enough connections
in between its own village alumni presumably cos poor old mrs begum running the inside culture of grameen literally doesn’t
have a second not any tech people to help her design that
Back in 1997 Organising Creativity Network - an egroup before egroups
- it went through a lot of these things from youth education to places worth working at to whether digital would make workplaces
better or worse (one of the 10 largest brand companies in the world (still the number 1 textbook paradigm n usa) assumed
afer surveying 15 peer companies around 1996 it would make innovation many times easier and more fun for all workers
- 7 years later they hired me to interview everyone of how it went worse) , and in those days of no spam very experienced
people had time to join in;
this is also why I value yunus flow belief that we are all born with creativity inside but most
of us don’t get time or mentoring focus to unpack it and understand its job creating relevance; we never will in schooling
systems designed around the colonial model that assume that 1% need to be trained to reach the top to rule over others and
99% should be discarded along the way for failing examinations n spurious facts that no longer have anything to much ado with
job creating in a web collaboration agesunita finds that what cross-cultural-demo awareness/confidence you have at 12 you take with you through
life so this needs embedding as the 5th r in curriculumHarrison Owen has proved kids are quite able do pen space on what do we
need to know next about life development, and I see collaboration cafes as a format that could be hosted by 11 year olds up
at school breaks; especially if there was an intranet that 11 year olds could use to match who wanted to discuss what (as
you may recall when I spent 3 hours interviewing Harrison Owen in 2004 – his stories included as early as 1984 trying
to discuss with those who run mbas that they needed to open space how mbas learn , and that even then 95% they were taught
to top-down administration was wrong for the coming knowledge age people to self-organize
and collaborate around); remember too that Harrison evolved open space out of being a world wide conference organizer for
3 years of annual summits of organizational transformation system design people of the early 1980s –if only what they
had started to explore through systems even had equal voice to what universities management schools have been compounding
the other way round all through globalization; or if you like all through the period since 1983 that the first social business
design was formally instituted by law (as grameen bank Bangladesh statute ); if only Harrison and yunus and mrs begum had
know each other, where coo jobcreating edu could be now; where might yunus centres be collaborating instead of competing to
hans education (Harrison trained in the quaker tradition had himself learnt circle style action learning observing people
in local communities in Africa while in the us peace corps; after complaints from the first 2 worldwide conferences that the
coffee breaks were better than the podium speeches- he startled the 500 who came to the 3rd annual org transformation
meeting for around the world by saying there are no speaker, only pen space with its one rule of 2 feet – I doubt that
any facilitator in the world has unperformed such a daring stage which is why I also do not sponsor facilitation tools that
are ultimately complex not see through simple to map or charter)in new zealand the one place that has experimented with dad
and my learning views since 1984 (though recently china has bought 10 million books based n new zealand transformation if
education), and mine arose from 3 years of testing in the 1970s for the uk national dev project where we effectively put 4000
students on a live interactive experience, they have turned the typical classroom by age 12 into youtube reporters; questioners
of every issue instead of learning by heart dummies of lazy teaching unions; what's more exciting is that when you have the
new Zealand system in place, once you reach teens there is a country wide competition on what are the next jobs that youth
need to createwe know from what we were mapping in world citizen guides that you would have vocational hubs and employment agencies
owned by youth; in effect the last 2-3 years of any schooling should focus around peer to peer apprenticeships; this segments
as a particular need for those not going to higher education, while this that are should be practising how to use yunus type
social action business models when they have 3 years together at universitythere could also be virtually moderated worldwide
classes of 12s, 13s ,14s each age up - where children in places that were doing well in job creation were quizzed by children
in communities that were not doing wellI am sure that if you sat back for 30 minutes and wrote up your own life in a day of it world have
different words be much more human and meaningful than my words above have commonalities in it; investing
a lot in your process as I am surely it make senses to share what knowledge and passion we have that is common about job creationTACIT PROCESS STREAM
NUMBER 2
INCONVENIENT TRUTH OF BEING GOVERNED OVERBefore world war 2
uk and usa governments had less than 25% money from taxes; after world war 2 this went up to 45% and has stayed there; the
2 main extra costs investing in arms races; controlling people by television (it was extremely bad timing (ask of you need
dad’s youtube on this or his1964 book sunshades in October on the next danger once the people lose
public servants is that these former servants start hiring economists to make numbers prove they should be governing over
that I gave both zasheem and yunus ) that Britain invented broadcasting and was keeping it social business public before the
war but then had no money after the war to keep it public so in uk it got governed over whilst usa sold out the commons t
rampant commercialism and in that one decision started to compound the opposite of every freedom and happiness that being
the opposite of English colonialists had won through declaring independence – the joy of being free to job create is
what that charter is about and also why the French coined the word entrepreneur at the same time and why a scot started The
Economist in 1843 in what became the transformation of vested interest parliament and a monarchy only interested in the sustainability
of upper classes) which in various ways is what happens when tv and lobbies take over making public servants one dimensional
gurus who cant afford to turn round on one dimension issue views stated even as ruling the world by one dimensions (particularly
that of how much money did a system extract each quarter) is the perfect system design for compounding the end of substantiality
of every living systemSO the scale of the intervention needed before we can get back to job creating communities is roughly take
back 20% of the 45% spent by government and have it spent on social business designs; to do that you (or whomever is yunus
chief connector in London) will need relationships in ever source of power; if you like we can map the plan this wayWork out yunus
12 global collaboration partners game –test this with him particularly as the model used in turning Olympics into a
fringe festival of social business happenings; in parallel start seeing what the big city equivalent of the 12 collaboration
partner windows are if communities n that city are to lead job creation futures and connect the rough tacit understanding
that your and my life’s work on how to use markets to job create At you age if you are ever to bring up a family and have
enough precious time to connect all you know you should do what fazle abed does; you should believe absolutely in small is
beautiful but large scale replication is absolutely essential ; you should be at the epicentre of thousands of small is beautiful
experiments in job creation; visiting a few , knowing how facilitators collected data but not spending 90% of your time doing
that; you are needed to storytell which experiments match which collaboration partners who have resources and could create
jobs if they empowered each other to turn their own system bottom up and interfacing rather than top down and separatedYou get one shot
at this by becoming someone yunus trust as much as he trusts anyone in any city; I don’t understand that ultimate element
bof modesty in you that seems to keep on avoiding that is the you to be now; if you think that the real you is another character
help me understand what that other character is – I am hear to learn who you are just like I try and learn who yunus
is , who begum is , who dipal is , who kazi is, who latifee is – all of you are people worth being inside each others
heads of- for which I thank you
And if the deal you want to make with me is that in terms of all being inside each others heads, tav
needs to be too- I can understand that, I would be delighted (assuming you would be delighted) if you have children with him
as long as your family has positive cash flow; either the two of you come to oars for 3 days while I am over there or tag
on an extra 3 days in la over above that needed to celebrate csuci, understand holly and Melanie, and if possible start interviewing
enough silicon valley firms that they want us to host a yunus open space with them- tell me what it is you really want and
then I can start mapping better than if you are too shy to tell me what your life’s whole purpose is
why not develop some shared presentation formats. An example of a perspective I think
is being missed in case analysis of social business system designs, ie by jobs created
Of
course the big one is :
microcredit 100 million directly www (ie microcreditsummit
goal) , many more million indirectly because of impact microcredit has at local community level, plus next
generation -eg village children now growing up literate
microenergy - we know grameen shakti aims to create 100000
green jobs for villagers -incidentally anyone know what happened to obama's 5 million community green jobs; we're not reviewing
clean energy from community up perspective - our media virtually bans it
grameen nurse institute - I reckon this
could generate 100,000+ nurse jobs in bangladesh, and perhaps the model can extend to any developing country with not enough
nurses
Grameen Danone - it is claimed that each village danone factory ceates 1000 jobs and an admittedly optimistic
forecast is 50 village franchises over the decade; that could be 50,000 but wait is this a model fore local food production
rather than the absurd ecology of manufactiuing food in one national factory and then having to distribute product back to
localities
Otto factory the future ..
perhaps the biggest is mobile/internet for the poor - here its
china CEO of ali baba (china's ebay) whose set down the gauntley of 100 million social business jobs for china; I think
we are missing the fact that once someone has a virtual market like ebay, they can replicate the software for any
number of micromarkets designed round free market exchanges in the community and around the poorest -- very interested
in any particular interpretations you make of your brochures's headline quote - what if you could harness power of free market
to solve the problems of poverty, hunger, inequality
develop some shared presentation formats. An example of a
perspective I think is being missed is analysis of social business system designs by jobs created
Of
course the big one is :
microcredit 100 million directly www (ie microcreditsummit
goal) , many more million indirectly because of impact microcredit has at local community level, plus next
generation -eg village children now growing up literate
microenergy - we know grameen shakti aims to create 100000
green jobs for villagers -incidentally anyone know what happened to obama's 5 million community green jobs; we're not reviewing
clean energy from community up perspective - our media virtually bans it
grameen nurse institute - I reckon this
could generate 100,000+ nurse jobs in bangladesh, and perhaps the model can extend to any developing country with not enough
nurses
Grameen Danone - it is claimed that each village danone factory ceates 1000 jobs and an admittedly optimistic
forecast is 50 village franchises over the decade; that could be 50,000 but wait is this a model fore local food production
rather than the absurd ecology of manufactiuing food in one national factory and then having to distribute product back to
localities
Otto factory the future ..
perhaps the biggest is mobile/internet for the poor - here its
china CEO of ali baba (china's ebay) whose set down the gauntley of 100 million social business jobs for china; I think
we are missing the fact that once someone has a virtual market like ebay, they can replicate the software for any
number of micromarkets designed round free market exchanges in the community and around the poorest -- very interested
in any particular interpretations you make of your brochures's headline quote - what if you could harness power of free market
to solve the problems of poverty, hunger, inequality
Norman Macrae (CBE, Japan Order of Rising Sun with Gold B ars) wrote for The Economist for 40 years mainly as economics editor
and deputy editor. His last article was written December 2008 in celebration of the microeconomist Dr Muhammad Yunus, and the formal publication of this op-ed was circulated among alumni of the launch of Global Grameen - this aims to be the world's number 1 partnership brand on the primary economics & sustainability crises of 2010s starting with 2010 year of Job Creation. Chris
Macrae Washington DC bureau of WorldClassBrands 301 881 1655
Norman Macrae’s last article - an op-ed celebrating Dr YunusHow to Avert A Great Depression Through the Hungry 2010s?
Answer, By Making All Banking
Very Much Cheaper
If banks in rich democracies had been truly competitive institutions,
at least one of them somewhere would have seized the main opportunity created by the computer. This main opportunity was to
make all deposit-banking vastly cheaper than ever before. By this cheapening it should make such banking hugely more profitable.
Then further competition would search for the cheapest ways to guide all the world’s saving into the most profitable
(or otherwise most desirable) forms of capital investment, thus enriching all mankind.Instead, during
2008 the total losses of banks in rich democracies – in North America, West Europe and Japan – soared into tens of trillions of dollars. Fearful
for their solvency, these banks virtually stopped lending. The issuance of corporate bonds, commercial paper, and many other
financial products largely ceased. Hedge and insurance firms also crashed. Mankind is thus threatened in the 2010s with its
longest great depression since the hungry 1930s.Why? The strange answer seems to be that other happy consequences of modern
technology promised to make this cheapening even faster. Call centres in Bangalore vastly undercut the middle class salaries of Midland bank clerk who until the 1950s expensively answered clients’ questions in their branches in
the City of London. Cheap mobile phones kept village
ladies in once miserable Bangladesh as fully in touch
with market prices as is the chief research officer of the First National Bank of Somewhere in California. His weekly salary is still 1000 times greater than the previous annual
earnings of that village lady. The cost-effective way of running the old Midland or First National then seemed to be to cut its total salary cost by something like 99%. This did not
please Western welfare governments, or the decent chief executives of the old Midland or First National bank.
Awaiting
the sensation of a short sharp shock
From a cheap
and chippy chopper on a big black block–
WS Gilbert in The Mikado - why it is uncomfortable to work in an industry which needs 99% redundancies.
Western welfare governments have long preferred to run their banks in high cost cartels, and even invented reasons why
this seems to be moral.Their deposit-banks have usually kept in cash only 10% of the total amount deposited
with them. If 11% of depositors suddenly feared that their banks might go bust, this could accelerate a run that would send
them bust indeed. Governments therefore thought that depositors would be less fearful if they were assured that the banks
were officially and tightly regulated. Actually, this mainly meant that the banks had to hire ever more expensive lawyers
so as to escape any crippling consequences from this regulation. The attached quote shows that Samuel Pepys understood this
fact of life in his Diaries of July 21, 1662.
I see it is impossible for the King
to have things done so cheaply as do other men
–
Samuel Pepys on discovering an important commercial fact of life in his Diary, 21 July,
1662
The decent bosses of the deposit banks felt that the best way of avoiding sacking nine tenths of their staffs was by
competing with a very different sort of financing called merchant banking whose earnings and bonuses were far more generous
than those given to their own staff. These merchant banks were of peculiarly differing pedigree. In London, it was assumed that they could best be run by families like Barings who had
done the job for over 200 years. In the 1990s, Barings went totally bust because one of its hired traders bet much of its
money on a hunch that a bad earthquake in Japan meant
that the shares of Japanese banks and insurance companies would become more profitable. In Zurich, merchant banks felt it most moral to keep the accounts of their depositors
totally secret, especially if these accounts were being used to defraud their own countries’ tax authorities. In 2008
those secretive banks were then defrauded. In Wall Street, Goldman Sachs and Lehman Bros bid up their annual bonuses to millions
of dollars for each partner. In 2008 even Goldman Sachs made a loss and Lehman Bros went bust.A former chairman
of the Federal Reserve argues that “fearful investors clearly require a far larger capital cushion to lend unsecured
to any financial intermediary now”. He therefore thinks that taxpayers money should be ladled into them to make those
investors less fearful. This seems far more likely to make depositors intermittently more terrified and cause any depression
into the 2010s to linger on and on.
In the 1930s, the chief economic
adviser to the government of Siam was called Prince
Damrong. I try always to remember it
– quote
from former director of International Monetary Fund.
Large banks mislending
to the rich have run into losses that have created the slump. Politicians, thinking they are saving the world, are mislending
huge sums to these mislenders and will eventually make the slump worst.One of the few big banks to make
a profit in 2008 was the Grameen Bank (which means Village Bank) in that once basket-case country called Bangladesh. The sole staff in a branch serving several villages was once a woman
student. It is now more usually someone who has learnt to use the computer in the right way. How to create
cost-cutting banks? START IN A STARVING VILLAGEThe Nobel peace prize for 2006 was controversially awarded, in Oslo, to a “banker for the poor” in usually unfashionable Bangladesh. Since the microcredit system pioneered by this Dr Muhammad Yunus really has lifted record millions
of Bangladeshi women from the world’s direst poverty, some of the world’s toughest tycoons have thrilled to his
stated aim to “harness the powers of the free market to solve the problems of poverty”.
To
his fans’ delight and astonishment, he is achieving exactly that. In the past quarter of a century, his Grameen Bank
has lent (without collateral or lawyers) increasing billions of dollars to millions of poor women in the previously starving
villages of Bangladesh, and got an extraordinary 99% repayment back. His often illiterate customers have started
millions of successful small businesses in unimagined fields like mobile telephone ladies and saleswomen of the world’s
cheapest yogurt. All these successes have been won by keeping costs incredibly low. A banking operation that would cost Goldman
Sachs $100 in New York or London would cost Grameen in Bangladesh well under 100 cents.
This is a huge development in human history. Money
can now be directly channeled into productive use by the world’s poorest people, while unsuccessful lending to the rich
has caused a world slump. How do we switch custom to cost-cutting banks?
During Bangladeshi’s terrible famine year of 1974, Dr Yunus ( who had won his doctorate in economics
in a free market American university, which most founders of banks have not done)came back to his 1940
birthplace of Chittagong, as professor of economics
at the university there. He started lecturing on his republic’s 5 year plan, which like most 5 year plans was economic
nonsense. In search of reality he took a field party of his students to one of the nearby famine threatened villages. His
group analysed that all 42 of the village’s small businesses (such as tiny farm plots and market stalls) wereindeed going bust unless they could borrow a tiny total $27 on reasonable terms.The first thought was to give the $27 as charity. But Yunus lectured that a social business dollar,
which had to be paid back after careful use in an income generating activity was much more effective than a charity dollar,
which might be used only once and frittered away.The careful use of loans in very small quantities, says
Yunus “means that you bring in a business model, you become concerned about the costs, the revenue, how to bring more
efficiency, new technology, how to redesign, every year you review the whole thing. Charity doesn’t bring that whole
package”.Mercifully, all those first 42
tiny loans were fully repaid, and lent back. After 9 years of further experiments, Yunus in 1983 founded his Grameen Bank.
Its priority was to make loans that were desperately needed by those of the poor that did repay them. Indeed, he argues that
“access to credit is a human right so long as that credit is repaid”. This is the reverse of the usual banking
priority, which is first (and in credit crunches only) to make the safest loans those to the rich that can provide collateral.In these last 25 years, Grameen has provided increasing $billions
of loans to poor people with that astonishing 99% repayment rate. In 2006, it had 7 million borrowing customers, 97% of them
women, in 140,000 villages of Bangladesh. Microcredit
had by then reached 80% of Bangladesh’s poorest
rural families. Over half ofGrameen’s own borrowers had successful small businesses. The women borrowers
predominated because they usually are the poorest people in rural Islam and proved best in paying back.When a Grameen bank manager goes to a new village, he has entrepreneurially
to seek for poor but viable borrowers. He earns a star if he achieves 100% repayment of loans, and other stars if his customers
are fulfilling most of the 16 guarantees that all customers are asked to pledge, ranging from intensive vegetable growing,
through sending all their children to school, to renouncing dowries. A branch with no stars would be in danger of closing,
so borrowers rally round with suggestions, such as which unreliable repayers to exclude. Borrowers from the bank who do repay
are called owners of the bank and receive incentives such as opportunities for insurance, and for winning university scholarships
for their children.
Microcredit will play a part in solving some problems that statesmen won’t yet believe. http://bankabillion.org Having demonstrated how to free the global market of banking to value sustainability,watch out for Dr
Yunus’ idea of global social business partnerships designed round freeing other global sectors’ sustainability.
Norman Macrae (pobox chris.macrae@yahoo.co.uk) unlearnt Macroeconomics
in 1944 in today’s Bangladesh; Honored with Japanese Emperor’s Order of Rising Sun with Gold Bars; Entrepreneurial Revolution host since 1976 survey in The Economist, Internet Yes We Can end poverty networker since 1984 book co-authored by son Chris;
one of St James 2 lead champions of Dr Yunus; instructs son’s friends to invest in capitalcreativelabs.com, and to free
the sustainability of global media and global markets leveraging his son’s 33 years of practice : worldclassbrands.tv
and valuetrue.com. Latest maths and system mapping innovation: trilliondollaraudit.com
