Sunday, July 15, 2012

THE SHOCK DOCTIRNE

1 comment:

  1. interview is with Professor Dennis Snower, president of the Kiel Institute for the World Economy and director of the Global Economic Symposium, an initiative he launched in early autumn, 2008. When Dennis and I spoke in July 2011, I began by asking him what he felt the GES had achieved over its first three years.
    Dennis Snower: Well, after three years of Global Economic Symposium, we've had a few major insights. The first insight came right at the first symposium, which took place two weeks before the collapse of Lehman Brothers. There it emerged that the panels all believed that we were standing at the edge of a precipice and that the world was going to hit a huge financial crisis, something that would have struck each individual participant as very unlikely. So what we learned from that is that if you bring a lot of interesting people together across nations, cultures, professions, and let them interact, they come up with more than what any individual could himself or herself have predicted or seen into.
    The second thing is that it has become clear through all these symposiums that there is a need for global problem-solving at a decentralized level. Our global institutions are failing to deal with the big problems that we face, from climate change to financial crises. Even in international organizations, national governments often pursue their own national perspectives.
    But many people around the world understand that we deserve better as a world community, and therefore it's important to have occasions in which we come together for the purpose of global problem-solving.
    I think the third insight that we gained is that in order for us to work effectively, to deal with problems that we all share, we probably all will need to develop a global identity. Among the many identities that we have in our various walks of life, one of them should be an identity as a human being among many other human beings engaged in helping the planet to thrive.

    http://www.voxeu.org/taxonomy/term/673

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