Posts Tagged ‘education’

May 29th, 2007

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Parliamentary Officers - Keeping the Long View

A few weeks ago in New Zealand we celebrated the 20th Anniversary of our Parliamentary Commissioner of the Environment. This is an office of Parliament and therefore independent of the government of the day. The Commissioner reports to the Speaker of The House and the officers of the Parliament Committee.

This is an incredibly important position. Government is hamstrung at the best of times by short term considerations such as re-election and the constant sniping from the lobby brigade. The Commissioner on the other hand can afford to take a long term view and can criticise the government freely and ultimately acts as a guardian for the environment.

The only other country to have such a position is not a country but a province of Canada. Ontario passed an Environmental Bill of Rights back in 1994 which was a very forward thinking piece of legislation and this is monitored by the Environmental Commissioner of the Environment.

Canadians and New Zealanders both live in spaces of outstanding natural beauty and wonder. And yes we rely on the land for our food, energy and shelter but we are also aware that it cannot be pillaged without due thought for the consequences.

These officers provide a balance to the me-now culture that dominates courtesy of a society drunk on credit and the growth imperative that follows. Whilst i am not a great fan of bureaucrats Parliament (or similar legislature) is the representation of the people and the common good and more countries could use this type of model.

In Europe there are several Sustainable Development Commissions. Their job is to be an independent voice also and often are appointed by the Prime Minister with a mandate to be objective and critical. Of course their powers are limited to an advisory role whereas an officer of Parliament carries more weight.

Democracy is in a fragile state these days. We don’t respect our politicians, the election process is more and more about money and people feel disenfranchised. Officers of Parliament can bring more respect as they work on behalf of the people and the institution that represents them.

It’s time to rescue our political institutions before they become completely corporatised. Let them take the long view without interference and let’s leave short term-ism to the business sector.

May 29th, 2007

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Sustainability - Where do we start?

Sustainability - what is it?

Sustainability is a much maligned word “full of sound and fury, signifying nothing”. Well that’s a tad harsh but the word has been dragged through the mud from the early days of “sustainable development” to the “four pillars” namely enviornment, economy, social and cultural.

Reductionism rules!

You could argue that we have a sustainable society already because we are still here…6 billion of us. That’s not a bad effort considering we started off with just two :-) .

But when we look back at our history we see clearly the duality of our existence: misery, bloodshed, violence and despicable acts; and amazing creation, beauty, love and art. It;s hard to argue that much has changed in the last 10,000 years at least.

So where to? Can we ever become whole or will we always be engaged in a battle between the dark and light forces in our amazing universe.

I believe sustainability as a metaframework not an end in itself. It allows us to ask ourselves “what kind of society do we wish to live in?’…..if we can define that then all the other stuff will follow. The problem we have know is we start with the reduced view whether it is the environment or social issues or economic growth.

Then when it all ends in conflict we wonder why.

So where do start? Well there’s the ten commandments :-) magna carta, uk bill of rights moving along to more modern frameworks such as the US constitution and one i quite like is the UN Declaration of Human Rights which came into being on 10 December 1948.

This was ratified by all then 58 member states which was no mean feat. The committee which prepared the initial text was chaired by Eleanor Roosevelt herself. You can view it here

Article 25 and 26 are of particular interest being on the issue of education and well being.

It’s well worth a read.

Article 1, Section 8 of the US consitution notes:

Congress has the power “to coin money, regulate the value thereof”……….it doesnt say banks have that power mind you.

Coming back the the topic at hand: how do we craft a society that sustains itself without the externalisation of environmental, social, cultural and economic costs.

- Eliminating poverty (Article 25 of the UNDHR).
- Compulsory free education to 16 for all (Article 26 of the UNDHR).
- Life, Liberty and Security of Person (Article 3 of the UNDHR)
- Life, Liberty and the Pursuit of Happiness (US Declaration of Independence)

I could go on.

What is it that we want? We dont want our prisons overflowing with societal detritus. We therefore must ensure at all costs all children we bring into this world are well looked after with resources to ensure that is the case. Decent fresh food not the fossil fuel sugar laden processed rubbish churned out my the corporatised supermarkets. No wonder so many children are going round the bend…we’re poisoning them.

Safe, secure and healthy homes are vital for our children. Well resourced educational facilities are next on the list alongside decent parks and safe public spaces. Ripping poverty and its bedfellows out of our society has to start now with major expenditure….the kind normally reserved for invading other nations and killing machines.

If anyone argues “show me the money”…well it’s right there in front of you. There always has been and continues to be a huge transfer of wealth from the state to the private financial sector. It’s fact: in the UK the sum has been estimated at GBP20-40bln a year. In the US i imagine it will be a more significant sum.

Underlying all this is the question of who owns the money supply, where does the power lie.

If we dont have an idea of what we’re aiming for we will most certainly miss the target. We know we already have as levels of happiness and well being have been static for decades (sorry GDP is not going to help).

If we focus on building strong roots then sustainability will come. Right now no amount of fiddling will help. As the Declaration of Independence noted,

“whenever any form of government becomes destructive of these ends, it is the right of the people to alter it or abolish it, and to institute new government, laying its foundation on such principles and organising its powers in such form, as to them shall seem most likely to effect their safety and happiness”.

May 29th, 2007

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Investing in our children

There have been some interesting stories out in the last week which have made me realise we need to change our focus a little. The Unicef report showed children in New Zealand getting a raw deal, suffering violent and deprived lives. This is a ridiculous state of affairs especially in a country with strong growth over the last 10 years and 9 years of a Labour government. The report is available here

At the same time there has been a great deal of fuss over the ethical dimensions of the NZ Cullen Fund, which pours $2bln a year of taxpayers money into the investment market to help pay for some of the increasing pension liabilities. The fund is already some $12bln in size. See below for more details

http://www.nzsuperfund.co.nz/

This is great long term investment but wait a second…..why don’t we start investing some of that money in our children. The payoff will be way bigger than the global stock markets which are prone to wild swings in an era of abundant credit. Here is a letter i wrote to the local paper

Dear Sir,

Events of the last week have shown New Zealand to be a society under severe pressure. The complete failure of the supposedly free state education system to lead young people out into the world as individuals able to make a contribution to society reflects poorly on the current Labour administration. Many parents already under financial pressure are required to increase contributions to school costs which have serious impact on the home budget. As a society we should be proud that we strive to offer education free to all our children knowing full well that investing in the future of our children is the best investment we can make. If we continue to fail in this we will pay a heavy price in the future and one which will dwarf the cost now of reducing class sizes, boosting teacher numbers, training and pay, and providing quality pre-school care to all our under fives. And yes investing in post-natal parenting classes would certainly help. No wonder many of your columnists are simply in a state of sad resignation. To see the government invest $2bln a year in the Cullen Fund to meet some future demand from an ageing population when that money should be spent now on our children is enough to drive anyone to despair. If the government does not deal with this situation right now it may as well start preparing for a vastly increased prison population and a country in social and economic disarray.

$2bln a year into better schools and better housing for children? free schooling as it should be….we are going to need all the skilled workers we can get in the future so we better start focusing in that now.

The Cullen Fund has always been a project based on ego and trying to keep up with the Aussies and their $1trln fund. All that does is drive asset prices to unrealistic levels and we know what eventually happens there.

Like charity, investment should start at home..

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About

I’m a Londoner who moved to Christchurch, New Zealand in 2002. After studying economics and finance at Manchester University and a couple of years of backpacking, I ended up working in the financial markets in London. I traded the global financial markets on behalf of investment banks for 11 years. I write about the intersection of economic, social and environmental issues . My prime interest is in designing better systems to create a better world. I welcome comments and input.

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