ABOUT KAMRAN’s Blog and GUEST BLOG
I- KAMRAN’s Blog: Dedicated to the Common Good- aiming to be a source of hope and inspiration; enabling us all to move from despair to hope; darkness to light and competition to cooperation. “Let the beauty we love be what we do.”-Rumi
II- KAMRAN MOFID’s GUEST’s BLOG: Here on The Guest Blog you’ll find commentary, analysis, insight and at times provocation from some of the world’s influential and spiritual thought leaders as they weigh in on critical questions about the state of the world, the emerging societal issues, the dominant socio-economic logic, globalisation, money, markets, sustainability, dialogue, cooperation, environment, media, spirituality, faith, culture, the youth, the purpose of business and economic life, the crucial role of leadership, and the challenges facing economic, business, management, education, and more.
“When we are dreaming alone it is only a dream. When we are dreaming together it is the beginning of reality.”—Helder Camara
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Oh my friends, you would not know it, how like music this is to my ears:
“Reforming Global Finance: Don't Leave It to the Economists”!!
The chairman of Britain's Financial Services Authority argues that in the decades before the collapse of Western financial markets in 2007, too many economists were practicing a wrong-headed kind of economics. Their obsession with designing intricate mathematical models pushed moral, ethical and practical considerations too far into the background. It is high time for that to change.
In a short article in “theGlobalist” Lord Turner discusses some of these issues. Due to its significance to our understanding of what has gone wrong, I have reprinted it below for your keen interest.
Before you begin to read Lord Turner’s wise words, I want to share something coming from my heart with you. It saddens me that when about 15 years ago, I began to say very similar things to what Lord Turner is saying now, my so-called fellow academic colleagues accused me of having gone mad. They told me, if I carry on like this, talking about ethics, morality, philosophy, theology, spirituality, love, sympathy, empathy, trust, sustainability, love for Mother Earth and the common good, I better consider leaving the economics profession and perhaps become a priest or social worker, or joining the Salvation Army.
I am not bitter, whatsoever. I am only sorry that no body at that time took economists like me seriously. But, who said there is no justice in this world. (See more: http://gcgi.info/how-it-began )
And now, here it is: The Wisdom of Lord Turner
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- Thanks, Danny Boyle, for Celebrating the Common Good
- Financial and Economic Meltdown: Austerity, Recession, Growth- What would have Keynes suggested?
- Can there be Business Ethics and Corporate Social Responsibility?
- Private Vs Public Healthcare, Profits and the Common Good
- The Crimes of Outsourcing, Workers Exploitation, Huge Profits, Bonuses and the Hell with the Masses!
- Britain Today: People’s democracy? Oh no! It’s all for the barons