Smart Links 06 June 2012

Paul Summerville • June 5, 2012

Tags: Canada, China, Cities, Inequality, Markets, Technology, Yes

Commentary on 32 innovations, why the panic bond trade is underway, heading back downtown, touching up Tiananmen and Canadian inequality.

A great list of potential innovations that could make your life better.

New York Times – 32 Innovations That Will Change Your Tomorrow
The electric light was a failure.

It’s a cruel, cruel world.

Economist -- A big hairball of risk
PERHAPS the most disconcerting aspect of the world’s current flight to safety is the lack of a single overriding threat to justify it.

U-turn.

Atlantic Cities -- The Death and Life of Downtown Shopping Districts
After years of neglect, decline, and abandonment, downtowns across the United States are poised to come back—and not just as redoubts for hipsters, artisanal food, indie music, and trendy boutiques, but as major shopping destinations.

Rewriting history.

Washington Post -- Still seeking justice for the Tiananmen massacre
Ya Weilin, 73, hanged himself in an empty parking lot in Beijing on May 25.

The rise of inequality in Canada.

Globe and Mail -- Who are the richest 1 per cent in Canada? They’re not just CEOs
For all the hue and cry over Canada’s richest 1 per cent, little is known about just who they are.

Related.

Pdf below – Canadian Inequality

Attachment	Size
Canadian Inequality.pdf	325.84 KB

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Twin Virtues: Inequality of Outcomes & Equality of Opportunity©

LimeSpot: Own the Experience.

Leveraging Social Networks for Profit.

Marrying the product portfolio of brand name firms with the personal profile information on Facebook.

The LimeSpot enabled revolutionary new sales channel.

Ultimately, the most successful societies find the balance between the twin virtues of inequality of outcomes and equality of opportunity.

The new politics must marry the twin virtues of unequal outcomes and equality of opportunity.

When too few get too much everybody ends up with less.

Can it be that striving for equality of opportunity however imperfect the process not only benefits the individual but also creates benefits for the society as a whole that are unintended but wonderful?

Economics must be a 'moral enterprise' as much as politics claims to be. Economic outcomes need to be framed in terms of right and wrong not just efficiency if only because these often align in surprising ways.

My vision of Canada is that any Canadian child from a family of limited circumstance can expect to have a chance at lifetime of unlimited opportunities.

Tax policy should be founded on the principle of generating steady tax revenues sufficient to maximise environmentally sustainable economic growth in order to fund fair government.

Public policy should be designed to decrease inequality before the law and increase equality of opportunity.

Capitalism is not the problem; the problem is what we do with capitalism.

Content is always more difficult to argue than conspiracy.

Let the state regulate and the market operate (most things).

Welfare strategies are best designed as a hand up not as a hand out.

Political debate should not be fact free fighting.

Explanation lasts longer than eloquence.

Always favour empowerment over dependency.

The most enduring public figures are embraced for the causes they fought for and not the concept of themselves they hoped others would remember them by.

Find your voice and don't be the echo of somebody else.