SOCIETY – Page 11 – REVIEWS AND VIEWS OF LIFE

SERVICE & PROFIT

Government is not a business for profit and should not be solely measured by its cost. America will survive the catastrophic mistakes being made by President Trump but American citizens, and the welfare of the world will suffer for years to come.

Books of Interest
Website: chetyarbrough.blog

Who is Government (The Untold Story of Public Service)

By: Michael Lewis, Casey Cep, Dave Eggers, John Lanchester, Geraldine Brooks, Sarah Vowell, and Kamau Bell

Edited By: Michael Lewis

The stories of these writers are a tribute to those who have chosen careers in American government. Having personally earned a master’s degree in public administration, worked as a local government manager, then as a manager of a private business division, and finally, as a personal business owner, I have an opinion about President Trump. My experience is based on three different types of employment. All were rewarding experiences but in fundamentally different ways.

The writers of “Who is Government” show how ignorant business creators and managers like Donald Trump and Elon Musk are in discounting the contribution of employees of government organizations. Private corporations do not survive without profit to its owners. Public organizations do not survive without service to the public.

Profit is simple to measure. Public service is measurable but more abstract and difficult to quantify.

One can choose, like Musk did with Twitter, to reduce costs by firing employees. That may improve profitability but at a cost that may hurt or destroy the future of a business. In the case of Twitter, the company lost much of their advertising revenue because an unsupervised public forum could spread false and defamatory information that embarrasses advertisers who were protected by Twitter’ employees that were fired. No analysis was done by Musk about Twitter information’ controls provided by employees. The new entity, “X”, seems to have assuaged some advertisers’ concerns because they have started to use Musk’s new company. The point is that if Musk had taken more time to evaluate what fired employees were doing, he may have retained many of the advertisers who left the forum.

Trump’s employment of Musk to decimate the government employee workforce is following the same foolish path that was taken with Twitter.

No analysis of employee contributions is made. The goal is only to reduce government’ cost regardless of employee’ contribution to public need or service. The consequences have likely reduced health and welfare of American citizens; not to mention harm done to incomes of thousands of government employees’ families.

With exceptions of George Washington, Harry Truman, Carter, and the two Bush presidents, the worst former businessman that became President was Herbert Hoover who served as President before the greatest depression in America’s history. With Trump as President, one has to wonder whether he is leading America and the world toward its second great depression.

HERBERT HOOVER (31ST PRESIDENT OF THE U.S.)

“Who is Government” illustrates how government employees have contributed to the health and welfare of America. They are unknown and viewed by people like Trump and Musk as just a cost, without benefit to the public. How many science, medical, veteran, and welfare services are being decimated by their narrow vision of government management?

HUMAN NATURE

Murakami is one of the great writers of modern times. In “after the quake”, Murakami reduces the great and horrid loss of the many to the feelings of the “one”

Books of Interest
Website: chetyarbrough.blog

“after the quake”

By: Haruki Murakami

Narrated By: Rupert Degas, Teresa Gallagher, Adam Sims

The Kobe, Japan earthquake struck on January 17, 1995, at 5:46 AM. It killed 6,400 people and injured more than 40,000. Approximately 300,000 residents were displaced with over 240,000 homes, buildings, highways, and rail lines damaged with estimated repair cost of $200 billion in 1995. (The Kobe earthquake was actually less damaging than Japan’s 2011 Tōhoku earthquake and subsequent tsunami that killed over 18,000 people. Over 123,000 homes were destroyed. The estimated cost of that disaster was $220 billion dollars.)

Haruki Murakami offers a series of short stories in “after the quake” that remind one of the frailties of human beings. Humans lie, steal, cheat and war against each in ways that exceed natural disasters. Murakami’s short stories are funny, sad, and insightful views of humanity that show we often foment our own disasters.

Each short story revolves around the social implications of the Kobe’ earthquake. Murakami cleverly weaves his stories to reflect on events that change one’s direction in life. The events can be as great as an earthquake, a war, or a singular lost love. The first is nature’s way; the second and third are humans’ way.

Human relationships are as unpredictable and destructive as natural disasters. The human’ Lushan rebellion in 8th century China is estimated to have killed 13 million people, the Mongol invasion in the 13th and 14th century 20 to 60 million, the Taiping rebellion in mid-19th century China 20-30 million, and two world wars in the 20th century at 83-107 million. This is without noting China’s famine that killed millions because of Mao’s mistakes in the Great Leap Forward, Stalin’s repression in Russia, and today’s wars in Ukraine and Gaza. Natural disasters are horrendous events, but human nature has murdered more than earthquakes, floods, volcanoes, and other natural disasters.

The cataclysmic events of nature affect the many, but Murakami shows scale means nothing in respect to the effect it has on the “one”. He cleverly shows how singular events can overwhelm one relationship as portentously as natural or man-made disasters can overwhelm all relationships.

Murakami is one of the great writers of modern times. In “after the quake”, Murakami reduces the great and horrid loss of the many to the feelings of the “one”. His stories show that a personal loss of an imaginary friend or a real love is as catastrophic to the one as a natural disaster or war is to the many.

CHINA

Harmony and pragmatism undoubtedly remain important characteristics of Chinese society. Time will tell whether societal harmony can be maintained by an increasingly authoritarian leader.

Books of Interest
Website: chetyarbrough.blog

The Chinese Looking Glass (The most illuminating book yet written on China and her enigmatic people.)

By: Dennis Bloodworth

Dennis Bloodworth (1919-2005) Author, journalist, British writer at The Observer, first British journalist allowed to visit China in 1955.

“The Chinese Looking Glass” is a whirlwind journey across the vast history of China by the first British writer allowed to visit China in 1955. It is a primer for a general understanding of China that was originally published in 1966 and updated in 1980. The author’s marriage to Liang Ching Ping adds credibility to his view of Chinese culture.

One reads Bloodworth’s book and is somewhat overwhelmed by its breadth. So many generations of Chinese culture are too much to cover in a 400+page book.

The author manages to give a broad understanding of a Chinese worldview that is shaped by Confucian and Taoist history, a collective identity that often conflicts with the Western culture of individualism. He notes Chinese traditions are based on filial piety (meaning duties, respect and devotion of children to their parents). Bloodworth notes, through many generations of Chinese culture, behavior and decision-making there is a focus on social harmony. Both Confucianism and Taoism play significant roles in shaping Chinese society.

Bloodworth notes Confucianism and Taoism shape Chinese society.

Piety, respect for hierarchy, education, and a focus on societal harmony were philosophical foundations of Chinese governance. Piety led governance toward strict rules and centralized authority. Historical figures like Confucius, Laozi, and Sun Tzu influenced Chinese culture and thought. The spiritual tradition of Buddhism reinforced the teaching of these cultural influencers. Buddhism emphasizes the suffering of life is caused by desire, and attachment. Buddhist teaching is that desire and attachment must be replaced by understanding and rejection of both through meditation and mindfulness.

Because democracy focuses on individual rights and freedoms, the ideals of collective harmony, hierarchical structure, and centralize authority make communism a better fit for Chinese culture.

Mao Zedong (1893-1976)

Mao unified China after decades of war and instability. Bloodworth suggests Mao Zedong had a nuanced impact on China.

However, Mao’s centralized power resulted in big economic mistakes like the famine of the Great Leap Forward that caused misleading food production reports meant to please the government when production was much less than what was needed to sustain life for Chinese citizens. With famine, the Cultural Revolution is unleashed, and China’s growth and stability were set back. Bloodworth had observed China’s governing always included pragmatism and adaptability to their drive for cultural harmony.

Though Bloodworth mentions Deng Xiaoping in the last chapters of his expanded edition of “The Chinese Looking Glass”, he does not foresee the opening of the Chinese economy and its rapid economic expansion.

The pragmatic realization that collectivization of farming led to misleading information about production compelled Deng to open agricultural production to a more market-driven incentive to preserve social stability. Deng was an authoritarian as is evidenced by his decision on the Tienanmen Square crises.

Though Bloodworth did not live to see the next iteration of China’s leadership, an element of recidivism enters with Xi’s control of the government.

Harmony and pragmatism undoubtedly remain important characteristics of Chinese society. Time will tell whether societal harmony can be maintained by an increasingly authoritarian leader.

BLACK & WHITE

One wonders if Abdulrazak Gurnah is proffering an opinion about race relations in the world or just leaving a lifeline for those disappointed by relationship failures.

Books of Interest
Website: chetyarbrough.blog

Admiring Silence

By: Abdulerazak Gurnah

Narrated By: Unnamed person from Zanzibar

Abdulerazak Gurnah (Author, Tanzanian-born British novelist and academic, moved to the UK in 1960.)

A little context for “Admiring Silence” will help understand Abdulerazak Gurnah’s interesting and troubling story. Gurnah received the Nobel Prize in Literature in 2021. “Admiring Silence” is the latest book published by Gurnah in 2020. He had written four earlier books: Memory of Departure (1987), Paradise (1994), By the Sea (2001), and Desertion (2005).

“Admiring Silence” is not a biography but an interesting story about a long-term relationship of a Black emigrant and a white woman who meet in Zanzibar (an island archipelago off the coast of Tanzania) and move to London. The two had met in a Zanzibar’ restaurant where they both worked. The Black emigrant leaves his native country with his restaurant mate.

Gurnah describes the two as lovers who are struggling restaurant workers who wish to improve their lives through higher education. An opportunity to attend a university leads the two to decide to emigrate to London because of their similar academic ambition. The two are enrolled at a university and both become teachers in England. Gurnah sets a table for understanding what life is like for an unwed mixed-race couple in mid-twentieth century England.

Their life together is complicated by the birth of a daughter and the father’s decision to visit his homeland when he is in his forties.

No one in Zanzibar knows he has a teenage daughter with an unmarried white woman he lives with in England. His mother wishes to fix him up with a future Black Muslim wife. The interest one has grows with the circumstances of Gurnah’s imaginative story.

What is it like to be in a racially mixed marriage in 1960s England?
How does a mixed-race child feel about her life in a predominantly white country?
What does a Black family think about their son having a mixed-race family?
Having lived together for 20 years and had a child, why haven’t they married?
How does the relationship between different races affect the feelings of a couple that chooses not to marry but have a child born to them?
Is Gurnah’s story representative enough to give one the answers?

The first question is largely unanswered. The last question is impossible to answer but the other four imply Gurnah’s opinion. Marriage is always a work in progress whether it is of a mixed-race couple or not. However, there is a distinction based on race when it comes to a man’s and woman’s personal relationship because of the dimension of racism. Every couple chooses to work through differences and become more or less committed to staying together but two people of different races face discrimination associated with racism, unequal treatment, and economic inequality existing in a country’s dominant racial profile.

Gurnah does not address how a mixed-race child deals with life in a predominantly white country, but one can imagine it depends in part on how distinctive a difference is in the color of their skin in relation to the dominate racial profile.

In terms of the daughter’s relationship with her parents, one presumes it is likely the same parent/child conflicts of all families. Some fathers are more distant than others just as some mothers range from helicopter to equally distant parents.

That these two lovers who have been together for so long without getting married, after their daughter is born, seems like a flashing yellow light, a cautionary notice of something is about to change.

When the father’s mother writes from Zanzibar to have him visit after being away for so long, flashes a yellow light that eventually turns red. He returns for a visit to Zanzibar at the encouragement of his partner. The partner’s encouragement seems disingenuous, i.e. more like a desire for a relationship break than a supportive gesture. The last chapters confirm that suspicion. A break-up occurs soon after the father returns. There is a brief father/daughter reconciliation, but the daughter also decides to separate from her father.

An interesting point is made by Gurnah about a Muslim Black person leaving a poverty-stricken country of his birth to a country of wealth and a different culture.

It is the wish of his Zanzibar’ family for the father to return to help with the disarray and economic disparity of his home country; as well as marry a local Black Muslim girl who wishes to become a doctor. The presumption is that if one leaves their poor country to become prosperous in a wealthy country, they have some magical power to help their poverty-stricken home-countries. It is of little concern to the family about his committed relationship to another but more about what his life is like in his newly adopted country and what he can offer to his homeland from what he has learned. The Muslim girl the mother wishes him to marry is twenty years old. Her son is in his 40s. Tt appears the primary reason for such a marriage is to help the young woman become a doctor. In the end, the son recognizes this is not practical but clearly understandable considering the poverty in Zanzibar.

Gurnah cleverly injects a conversation with a Nigerian Muslim woman on his plane ride back to London before his white lover’s rejection of their relationship.

The Nigerian woman has been divorced from her English husband for several years. It was an emotionally difficult divorce for her. A mix-up on a missing passport allows the father to find contact information for the divorcee. One wonders if Gurnah is proffering an opinion about race relations in the world or just leaving a lifeline for those disappointed by relationship failures.

THE WHITE HEGEMON

Muslim Palestinians, like the Indians of America and the Jews of Israel, believe they have the same rights to the lands of their ancestors. In history, that seems to have never been true for any indigenous or displaced culture.

Books of Interest
Website: chetyarbrough.blog

One Day, Everyone Will Have Always Been Against This

By: Omar El Akkad

Narrated By: Omar El Akkad

Omar El Akkad (Author, lives in Oregon, winner of the 2021 Giller Prize. Became a Egyptian Canadian citizen and now lives in Oregon.)

Omar El Akkad expresses the frustration of being an American citizen of an ethnicity and race that has little power as a minority in today’s world. He writes of life being out of one’s control. Akkad’s story is partly about his family’s life as they leave Egypt for Canada, and then America. However, his primary purpose is to write of the atrocity of the Palestinian/Israeli war. On the one hand it is a terrifying example of the domestic trials of his father and family in moving from Egypt to America. On the other, it is a heartbreaking review of slaughtered innocents in Gaza.

Ironically, the phrase “from God’s mouth to our ears” comes from a Jewish and Arabic religious expression.

Contrary to Omar El Akkad’s book title, the history of white society suggests the belief that “One Day Everyone Will Have Always Been Against This” will likely never come. The title of Akkad’s book is about how leadership in America and Israel has failed. As Lord Acton said in the 19th century “Power tends to corrupt, and absolute power corrupts absolutely”. President Trump, former President Biden, and Benjamin Netanyahu are proving Acton’s observation.

Social and cultural differences have always roiled world history.

Jews believe they have the right to live in peace in Israel because of their culture and the history of their settlement in the land of their forefathers. Muslim Palestinians, like the Indians of America and the Jews of Israel, believe they have the same rights to the lands of their ancestors. In history, that seems to have never been true for any indigenous or displaced culture.

The slaughter of Indians, enslavement of minorities by white America, and the slaughter of innocent Muslims by Netanyahu and his followers are all reprehensible examples of the misuse of government power. This is not to say Hamas is not guilty of crimes against humanity, but their evil acts do not warrant evil reactions. The power of Israel is being used for evil, not the return of peace.

Netanyahu’s refusal to settle with Hamas over unjustly murdered, imprisoned, and abused hostages does not justify the killing of Palestinian innocents in Gaza. The power of Netanyahu’s military actions and Trump’s support for taking Gaza land from the Palestinians is evil and unjust. That evil and injustice must be replaced with a negotiated settlement that releases Hamas’ hostages and returns Gaza to the Palestinian people. Humanity cannot wait until “…Everyone Will Have Always Been Against This”. Power lies in the hands of Israel’s leaders to negotiate a settlement.

The common denominator of the war in Gaza is the power being held by white people who refuse to believe all human beings are equal. It is partly a religious issue, but it is a human issue aggravated by religious difference and the self-interests of people of different races and cultures. The white world hegemon needs to come to its senses because at some point in the future, “being white” will not be where the power rests. Power will shift to other races and cultures just as Mesopotamians, Egyptians, Mongols, Chinese Dynasties, and Islamic Caliphates once changed the course of history.

Omar El Akkad pleads for peace and human equality in One Day, Everyone Will Have Always Been Against This. From El Akkad’s words, the white hegemon should hear and obey.

MEDIA SELF-INTEREST

One may question William’s characterization of Facebook’s “Careless People” as more like calculating self-interested managers than careless employees.

Books of Interest
Website: chetyarbrough.blog

Careless People (A Cautionary of Power, Greed, and Lost Idealism)

By: Sarah Wynn-Williams

Narrated By: Sarah Wynn-Williams

Sarah Wynn-Williams (Author, Ex-Meta executive, presently barred from criticism of Meta, formally known as Facebook.)

As noted in the sub-title of “Careless People”, Meta (formerly known as Facebook) is criticized as an international influencer of society that has lost its sense of ethics, i.e. the ability to see the difference between right and wrong. Facebook originally intended to be a forum for the connection of people interested in sharing ideas, communicating with others, and building positive social connection. Instead, the author’s experience as a Facebook’ executive found that expansion, profit, and political influence became an unethical pursuit by the major shareholders (particularly Mark Zukerberg) and managers of the corporation. She argues leadership of Facebook recklessly pursued income, expansion, and political influence around the world with little ethical oversight.

New Zealand (The birthplace of Sarah Wynn-Williams)

Ms. Williams was born in New Zealand but went to work for Facebook and became a U.S. citizen. Her work at Facebook led to a promotion that made her the Director of Global Public Policy which provided opportunity to travel the world soliciting business for Facebook in other countries. Her experience informs listeners of what Meta’s corporate goal: “give people the power to build community and bring the world closer together” became something less as a result of careless management oversight.

Williams begins with a story of a harrowing trip to Myanmar, presumably after their revolution in 2021.

The military coup that ousted the democratically elected government appears to have just begun when Williams had an audience to pitch the Facebook platform to its military government. Just getting to the building where the meeting was to be held was a trial but her position as a representative of Facebook ended with her arrival at a headquarters building of the new regime. It is an interesting story because it shows the power of Facebook association in a country that just had a coup d’état that ended civilian rule. Millions of Myanmar citizens were displaced by widespread human rights abuses with civilian arrests and violence. One wonders what “giving people the power to build community” means in what became a military totalitarian state. (When visiting the Baltics last year, our guide expressed a love for Myanmar’s citizens and the country but was told by Myanmar friends it is unsafe to visit since the coup.)

Williams worked directly with Sheryl Sandberg, the COO of Facebook.

Later, Williams explains a meeting with a Japanese official where Sandberg and Williams go to promote interest in Facebook which had not been a part of the Japanese media environment. The involvement of Williams was primarily to support Sandberg’s pitch. Williams indicates Sandberg was quite complementary of Williams’ assistance after the meeting which gives context to their relationship. A subsequent description of Sandberg’s strong, sometimes harsh, personality and influence on Facebook employees is given by Williams. The Japan’ meeting was successful because Facebook entered the market in 2010. Its popularity is said to have declined with Instagram and LINE being the dominant platforms, but Facebook maintains a presence in the country.

Societies interconnectedness is a boon and bane for 21st century society.

The pandering of Zukerberg, Bezos, Musk, Cook, and Pichai to world governments is made suspect by William’s experience as an employee of Facebook. Media companies have become too big to fail and too ungovernable to manage. Even though the internet more intimately connects the world, the platforms of today’s giants of information create a forum for control and conflict rather than a place to encourage social comity.

Robert Kaplan (Author of “Waste Land”.)

As noted by Robert Kaplan in “Waste Land”, the growing decline of Russia’s, China’s and America’s governments has been increased with world interconnectedness. It appears from William’s experience at Facebook, there is some truth in Kaplan’s observation. Kaplan’s solution is to dismantle these giants and encourage competition to defray their principal stockholder’s influence.

As the Turkish saying goes, “a fish rots from the head down”. Williams frequent contact with Mark Zuckerberg gives weight to her view of Facebook culture. Mr. Zuckerberg seems to carelessly lead Meta into the arena of politics by promoting Facebook’s media clout to political parties because it raises revenues with political advertising and influences government policy on media’ regulation. Frighteningly, Williams notes Zuckerberg considers running for President with the power of Meta to support his candidacy. One may question William’s characterization of Facebook’s “Careless People” as more like calculating self-interested managers than careless employees.

AMERICAN HOPE

From Fukuyama’s intellectual musing to our eyes and ears, one hopes he is correct about America’s future in the technological age.

Books of Interest
Website: chetyarbrough.blog

The Great Disruption (Human Nature and the Reconstitution of Social Order)

By: Francis Fukuyama

Francis Fukuyama (Author, political scientist, political economist, international relations scholar.)

Francis Fukuyama argues America is at the threshold of a social reconstitution. Fukuyama believes we are at Gladwell’s “Tipping Point” that is changing social norms and rebuilding America’s social order. He argues the innovation of technology, like the industrial revolution, is deconstructing social relationships and economics while reconstructing capitalist democracy.

Gladwell’s Revenge of the Tipping Point.

The immense power of big technology companies like Amazon, Google, and Facebook have outsized influence on American society. They change the tone of social interaction through their ability to disseminate both accurate and misleading information. They erode privacy and create algorithms tailored to disparate interest groups that polarize society. The media giant’s objective is to increase clicks on their platforms to attract more advertisers who pay for public exposure of their service, merchandise, and brand.

To reduce outsize influence of big tech companies, Fukuyama suggests more technology has an answer.

There should be more antitrust measures instituted by the government to break monopolistic practices and encourage competition with large technology companies. Algorithms created by oversight government organizations can ensure transparency and reduce harmful content to reduce big tech companies influence on society. (One doubts expansion of government agencies is a likely scenario in today’s government.)

On the one hand, technology has improved convenience, communication, and a wider distribution of information.

On the other, technology has flooded society with misinformation, invaded privacy, and polarized society. Technology has created new jobs while increasing loss of traditional industry jobs with automation. Trying to return to past labor-intensive manufacturing companies is a fool’s errand in the age of technology.

Luddites during the Industrial Revolution.

Like the industrial revolution, the tech revolution’s social impact is mixed with a potential for greater social isolation, and job displacement with the addition of wide distribution of misinformation. The positives of new technology are improvements in healthcare product and services, renewable energy, and climate understanding with potential for improved control.

Work-life balance in families has been disrupted by technology.

Face-to-face interactions become less and less necessary. Children’s access to technology impacts parental supervision and relationship. Fukuyama suggests setting boundaries for technology use needs to be a priority in American families. Technology can open the door to better education, but it also becomes a source of misinformation that can come from the internet of things. Employers have the opportunity to help with work-life balance by encouraging flexible hours and remote work. (Oddly, that suggestion is being undermined by the current government administration and many American companies.)

Economic growth, access to information, and global connectivity have been positively impacted by technology. However, the concentration of power, misinformation, and surveillance of social media has diminished privacy and eroded individual freedom. There are concerns about technology and how it is good and bad for democratic capitalism.

The good lies in increased efficiency, innovation and creation of new markets, through globalization. However, today’s American government shows how tariffs are a destroyer of globalization. Fukuyama implies A.I. and automation is displacing workers and aggravating economic inequality because it is being misunderstood for its true potential and also being misused. Personal data is used to manipulate consumers in ways that challenge the balance between corporations and consumers.

Fukuyama argues private parties will grow in America to create software that will filter and customize online services.

With that effort control of the influence of big tech companies will be diminished. With decentralization of big tech power and influence, society will theoretically become less polarized and more consensus oriented. The capitalist opportunity for tech savvy startups that diminish influence of big tech companies will re-create diversification like that which the matured industrial revolution gave to new manufacturers. Like Standard Oil and other conglomerates of the industrial revolution, businesses like Amazon, Google, and Facebook will have competition that diminishes their power and influence.

American Government will grow to regulate the internet of things just as it has grown to regulate banks, industries, and social services.

Service to citizens will become a bigger part of the economy as a replacement for manufacturing. Family life will re-invent itself as a force of society because of the time saved from manufacturing product to improve human relationships.

From Fukuyama’s intellectual musing to our eyes and ears, one hopes he is correct about America’s future in the technological age.

JAPAN

In planning a trip to Japan this year, it seems prudent to learn more about the history of Japan.

Books of Interest
Website: chetyarbrough.

Great Courses-Understanding Japan (A Cultural History)

By: Mark J. Ravina

Narrated By: Mark J. Ravina

Mark Ravina (Scholar of Japanese history at the University of Texas at Austin)

Professor Ravina’s lectures are a little too heavy on Japan’s ancient history but offers some interesting opinion about the rise of the Samurai, the evolution of women’s roles in Japan, Emperor Hirohito and his role in WWII, the democratization of Japan after WWII, and the cause of Japan’s current economic stagnation.

As is well known, the Samurai were a warrior class in Japan. Their role in Japanese history grows between 794 and 1185.

They began as private armies for noble families with estates in Japan. They became a force in Japanese politics and have had an enduring effect on Japanese society. They evolved after 1185 into a ruling military government called shogun that exhibited political influence through 1333, emphasizing Bushido or what is defined as a strict code of loyalty, honor, and discipline. That discipline extended to ritual suicide in defeat or disgrace to preserve one’s honor. Zen Buddhism entered into the Samuria culture, exhibiting a time of peace under the Tokugawa shogunate that lasted until 1868. After 1868, the Samurai era came to an end, but its cultural influence remains in a modernized military that adheres to qualities of discipline, honor, and resilience.

Traditional Japanese Woman.

The role of women in Japan has evolved from great influence and freedom for the well-to-do to a life of restricted domesticity.

During the Samurai era, the influence of women declined and became more restricted. The rise of Confucian ideals emphasized male dominance with women being relegated to domestic duty. Women turned to art, calligraphy, and religion as their societal influence decreased. In the Meiji Era (1868-1912) women’s education somewhat improved and they began to participate in political movements like voting and equal rights. Finally, after WWII, a new constitution granted women equal rights like the right to vote and enter the workforce. However, like America, traditional gender roles persisted. In today’s Japan, like most of the world, equal rights remain a battle for women.

Hirohito is the 124th Emperor of Japan.

He reigned from 1926 to 1989. Professor Ravina notes that a question is raised about whether the emperor was a follower or leader in Japan’s role in WWII. Ravina argues history showed Hirohito’s role was as a leader. In defeat, Hirohito renounced his divine status to become a constitutional monarch under U.S. occupation. Hirohito, as the crown prince of Japan, strengthened Japan’s diplomatic ties on the world stage. He was instrumental in scientific research in marine biology. He emphasized Japan’s drive to become an industrial nation and player in international trade. He militarized Japan in preparation for war and territorial expansion. He authorized invasion of Manchuria in 1931 to establish it as a puppet of Japan. Hirohito aids the American occupation, after WWII, to de-militarize and re-industrialize Japan.

With creation of a new constitution for Japan in 1947, Japan became a constitutional monarchy that made the emperor a symbolic figurehead, and guaranteed freedom of speech, religion, and assembly.

The constitution formally denounced war as a means of settling disputes. Land reform redistributed agricultural production to tenant farmers that reduced the power of wealthy landlords and promoted economic equality in rural Japan. Women’s rights were codified to allow voting and participation in politics. The constitution guaranteed equality but, like the rest of the world, culture trumped reality. Japan’s military was reorganized as a defensive force for national security. War crimes trials convicted Hideki Tojo, Iwane Matsui, Hei taro Kimura, Kenji Doihara, and Koki Hirota and sentenced them to death. In total 17 leaders were executed, and 16 others were imprisoned.

Free-market economy.

The democratization of Japan entailed economic reforms that broke up large industrial conglomerates to promote a free-market economy and reduce economic monopolies. However, the culture of Japan replaced the industrial conglomerates with networks of interlinked companies that operated cooperatively in ways that reduced competition in pursuit of financial stability. The education system was reformed to promote democratic values, and equal access to education for all citizens.

A free press was encouraged to foster transparency and accountability.

The results allowed Japan to rapidly improve their industrial productivity. That productivity was defined and improved by the teachings of W. Edwards Deming, a statistician and quality-control expert in the 1950s. His contributions led to the Deming Prize in 1951, an annual award recognizing excellence in quality management. (This is a reminder of Peter Drucker and his monumental contribution to business practices in the United States.)

In Ravina’s final lectures, he addresses the economic stagnation that has overtaken modern society in Japan.

It began in the 1990s. A sharp decline in asset prices wiped out wealth and triggered a banking crisis. Banks had made too many bad loans that became non-performing. Deflation ensued with falling prices that discouraged spending and slowed economic growth. Company profits declined. The demographics of Japan reduced the size of the work force because of an aging population and declining births. One suspects this demographic change is further burdened by ethnic identity that mitigates against immigration.

Japan’s consumption tax increases in 1997 impeded recovery.

The close ties between government, banks, and corporations resist reforms. And, as is true in America, global competition from other countries with lower cost labor eroded international trade.

INDUSTRY GREED

Sir John Anderson Kay calls for more training in ethical behavior and fiduciary responsibility in the financial industry. Kay believes “too big to fail” financial institutions should be broken up to reduce risk and encourage competition.

Books of Interest
Website: chetyarbrough.

Other People’s Money (The Real Business of Finance)

By: John Kay

Narrated By: Walter Dixon

Sir John Anerson Kay (Author, CBE, FRSE, FBA, FAcSS, British economist, dean of Oxford’s Said Business School.)

John Kay explains how the world’s finance system was designed to support national economies and international trade. However, he argues the world’s financial system, though designed to improve the lives of everyone, has evolved into a system that primarily benefits those within the financial industry, not everyone.

Kay offers the example of Ponzi schemes like that created by Bernie Madoff, and mortgage derivatives created by financial quants. Unlike Madoff’s personal enrichment, the financial industry’s’ mortgage derivatives enriched mortgage lenders, banks and brokers who sold them to other financial institutions like hedge funds, investment banks, mutual funds, foreign and retail investors. Mortgage derivatives were a national Ponzi scheme, greater than Madoff’s, that only enriched the financial industry. In 2008, the financial industry nearly bankrupted the world. The finance managers served no jail time while poorly qualified homeowners were thrown into the street because they could not afford their home mortgages.

What is puzzling is how so many people lost their homes in 2008 despite government regulation of the financial industry, which was ostensibly designed to protect consumers and stabilize the housing market.

“Other People’s Money” is managed by financial institutions that have nothing to lose if other people’s money is lost. A poor finance industry manager might lose his/her job because of poor sales received for selling financial products to other financial companies. However, if their sales are good, huge bonuses are given to top earners. Kay notes three faults in this system. One, it is a closed system that primarily feeds on itself as an industry. Two, the product of sale can as easily be worthless as valuable. And three, the money that is being used is primarily the public’s money, not the financial industries’ money. Mortgage derivatives became weapons of mass financial destruction. The public suffered more than the financial industry for the obvious reason that it was the public’s money.

In theory client funds are kept separate from a firm’s own assets. Though that may be true, the equity of lenders is small in relation to the loans made to others because the loan actually comes from “Other People’s Money”, i.e., those who deposit their paychecks in a financial institution. There are government entities like the SEC in the US that enforce separation of a lender’s equity from other people’s money but so what? Other people’s money is the bulk of what is lent out to others.

An example of the perfidy of the financial industry is the creation of mortgage derivatives that resulted in big bonuses to financial industry employees while many American citizens lost their homes.

Government regulations require record-keeping, transparency and risk management. So why did so many people lose their homes in 2008 while lenders were bailed out? If the Government regulated how other people’s money was being invested, how did the 2008 mortgage crises occur? It occurred because of the way the financial industry is regulated and the greed of financial institutions in selling a product that had less value than realized until it was too late. The fault within the industry grew bigger based on the packaging and resale of other people’s money in a product that became worthless.

The point is that there is little equity from money lenders that use “Other People’s Money” to invest in the economy. Financial institutions are required to have as little as 4.5 percent to 6 percent equity in loans for what they lend to others. The remainder is “Other People’s Money”. Most of the risk of institutionally loaned money is born by the public. Of course, there are insurance guarantees from the government, but they are limited.

Kay notes financial industries are motivated to expand their businesses by capitalizing on short-term gains for profit rather than long-term stability and growth.

Kay goes on to explain that financial institutions are the biggest contributors to candidates for public office. Just as the Supreme Court’s decision to give corporations personhood, the influence of corporate America distorts the influence of American citizens. Naturally, financial institutions push for favorable regulations designed to benefit owners and managers of the finance industry. He explains how financial risk is designed to fall back on taxpayers and less informed investors. Because financing institution managers are using other people’s money, they are more concerned about lender profit and their bonuses than loan default. Kay suggests there is a lack of transparency that hides the exploitive nature of lending that has minimal personal risk to lending institutions, its managers, and loan officers.

Kay argues financial products and services need to be simplified and made more transparent so consumers can understand how lending institutions and insiders are benefiting from their transactions.

Kay explains the primary functions of the financial industry should be focused on making payments simple with clearer explanations of risks so that capital is efficiently and wisely allocated. Government oversight should be exercised to promote transparency, accountability and long-term stability of the economy. Training in ethical behavior and financial responsibility is needed for agents of the financial industry so that incentives and rewards balance with the needs of the economy.

Kay notes there is nothing in the way of another financial crises like the 2008 debacle.

Kay suggests regulatory reform is necessary with greater transparency, and accountability for long term financial stability. He calls for more training in ethical behavior and fiduciary responsibility in the financial industry. Kay believes “too big to fail” financial institutions should be broken up to reduce risk and encourage competition.

PARENTING

Tara Westover’s trials are distressing for a listener/reader of her memoir, but all children are born into a struggle to find their own identity. “Educated” is evidence of Tara’s escape from prejudice and ignorance. It is an encouraging story of recovery with an education she acquires from a lived life.

Books of Interest
Website: chetyarbrough.blog

Educated (A Memoir)

By: Tara Westover

Narrated By: Julia Whelan

Tara Westover (Author, memoirist, essayist and historian.)

“Educated” is a memoir of Tara Westover’s childhood in America. Her story is personal but universal. Some children are born in caring and nurturing families, all are subject to parents’ strengths and weaknesses. Tara reflects on the life of her family with a father, mother, and siblings raised in a family with a survivalist father who has strong religious beliefs and antigovernment views of life. He raises his sons and a daughter with a wife who conforms to his wishes and a mother-in-law who believes he is wrong about public education and the value of extreme beliefs in independence.

Tara Westover reminds listener/readers that every culture in the world is blessed and cursed by diversity.

Westover’s father would be called an American “antigovernment extremist” and “survivalist”. He does not believe in institutions of government or public services and argues all forms of regulation outside the family distort the natural state of society. He believes it is necessary to hoard food, fuel, and human necessities to assure self-sufficiency in the event of natural disasters or government-imposed laws.

The Weaver Family Tragedy in August 1992 is an important symbol to Tara’s father.

Randy Weaver held antigovernment and white separatist views. His wife and son were killed by FBI agents on Ruby Ridge. A settlement of $3.1 million for wrongful deaths is awarded Weaver on August 15, 1995.

The Westover father grooms his children to support the family in a scrap metal business that evolves into a contracting company. As the children of the family mature, some leave while the father expands the family business with employment of outsiders. As Tara matures, she reluctantly becomes a worker in the family business to earn enough money to go to college. As Westover writes her story one wonders if her father will be the cause of the next Weaver Family Tragedy.

Westover shows how work and American life is not a fairy tale but for most a struggle for survival just as it is in every culture.

Desire has no limits. Freedom allows one to cope with life and, in some cases, exceed its limitations. Some cultures offer more freedom than others. Whether raised in America or somewhere else, one’s education comes from the culture in which they live. The circumstances of family are a part of a child’s education, but formal education varies within and between nations. Most nations have some form of public education, but education occurs whether publicly or privately pursued. The Westover family, in their children’s grade school and high school years rely on their mother’s home schooling.

The Westover’ family is neither a “Leave it to Beaver”, “My Three Sons”, or TV produced fantasy.

It is a reflection of a family dealing with the hardship of life in America that is sustained by a culture of independence and self-determination. Every child is impacted by the family in which they are raised. Whether government supported education or not, every child becomes an educated adult in different ways. Some like Tara Westover grow to adulthood with an education that comes from self-determination and grit despite her father’s influence and her sibling’s erratic behavior toward her.

Children do not choose their parents. Every child grows to adulthood in their own way.

There is always some level of care and nurturing in every family. The level of care they receive varies but ultimately it is how they deal with the circumstances in which they live that determines who they become. Two nearly fatal car accidents for Tara’s family and her near ejection from her family at age 16 seem to make her stronger. Her ability to write this memoir is a tribute to her determination to live a fulfilling life. The genetics of life have magnified and fortified the Westover children’s successes and failures in life.

Breaking free of prejudice and ignorance, whether one is formally educated or un-schooled, is difficult.

Prejudice is difficult because it is founded on emotional blindness shared by fellow travelers. Ignorance is founded on refusal of facts and knowledge of history. Two of the Westover sons and Tara seem to break the cycle. The first boy to leave the nest is on his way to Purdue after graduating from BYU. The second boy is believed by his father to be a genius and given license by his father to apply to BYU. One wonders whether the second boy will escape the curse of prejudice and ignorance of his remarkable family. Tara Westover’s trials are distressing for a listener/reader of her memoir, but all children are born into a struggle to find their own identity. “Educated” is evidence of Tara’s escape from prejudice and ignorance. It is an encouraging story of recovery with an education she acquires from a lived life.

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