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Posts Tagged ‘Sachs’

Trump’s Psychopathology Is Getting Worse

Posted by hkarner - 4. Juli 2018

Jeffrey D. Sachs, Professor of Sustainable Development and Professor of Health Policy and Management at Columbia University, is Director of Columbia’s Center for Sustainable Development and of the UN Sustainable Development Solutions Network. His books include The End of Poverty, Common Wealth, The Age of Sustainable Development, and, most recently, Building the New American Economy.

Bandy X. Lee is a forensic psychiatrist at Yale School of Medicine and a project leader for the World Health Organization.

Most pundits interpret the US president’s outbursts as playing to his political base, or preening for the cameras, or blustering for the sake of striking future deals. In fact, Trump suffers from several psychological pathologies that render him a clear and present danger to the world.

NEW YORK – Seemingly every day now, US President Donald Trump escalates his policy and personal attacks against other countries and their heads of state, the poor and the weak, and migrant families. Most recently, Trump has championed the heartless separation of migrant children from their parents. Though public outrage may have forced him to retreat, his disposition to attack will soon make itself felt elsewhere.

Most pundits interpret Trump’s outbursts as playing to his political base, or preening for the cameras, or blustering for the sake of striking future deals. We take a different view. In line with many of America’s renowned mental-health experts, we believe that Trump suffers from several psychological pathologies that render him a clear and present danger to the world. Den Rest des Beitrags lesen »

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Energy for the Common Good

Posted by hkarner - 19. Juni 2018

Jeffrey D. Sachs, Professor of Sustainable Development and Professor of Health Policy and Management at Columbia University, is Director of Columbia’s Center for Sustainable Development and of the UN Sustainable Development Solutions Network. His books include The End of Poverty, Common Wealth, The Age of Sustainable Development, and, most recently, Building the New American Economy.

Aristotle famously contrasted two types of knowledge: “techne” (technical know-how) and “phronesis” (practical wisdom). Scientists and engineers have offered the techne to move rapidly from fossil fuels to zero-carbon energy; now we need the phronesis to redirect our politics and economies accordingly.

NEW YORK – The climate crisis we now face is a reflection of a broader crisis: a global confusion of means and ends. We continue to use fossil fuels because we can (means), not because they are good for us (ends).

This confusion is why Pope Francis and Ecumenical Patriarch Bartholomew are spurring us to think deeply about what is truly good for humanity, and how to attain it. Earlier this month, the pope and patriarch each convened business, scientific, and academic leaders, in Rome and Athens, respectively, to hasten the transition from fossil fuels to safe renewable energy. Den Rest des Beitrags lesen »

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Europe Must Confront America’s Extraterritorial Sanctions

Posted by hkarner - 18. Mai 2018

Jeffrey D. Sachs, Professor of Sustainable Development and Professor of Health Policy and Management at Columbia University, is Director of Columbia’s Center for Sustainable Development and of the UN Sustainable Development Solutions Network. His books include The End of Poverty, Common Wealth, The Age of Sustainable Development, and, most recently, Building the New American Economy.

Europe’s biggest challenge in resisting US sanctions on Iran is not legal or even geopolitical. It is psychological: European leaders act as if the US still cares about a trans-Atlantic alliance of shared interests, values, and approaches.

NEW YORK – Donald Trump’s renunciation of the Joint Comprehensive Plan of Action (JCPOA) with Iran and the reimposition of US sanctions on that country threaten global peace. Europe’s security depends on defending the agreement with Iran despite the US withdrawal. That, in turn, requires Europe, along with Russia, China, and other United Nations member states, to ensure that economic relations with Iran can develop. And that can happen only if Europe confronts, and ultimately overturns, America’s extraterritorial sanctions, which aim to deter trade and financial activities with Iran by non-US actors.

The purpose of Trump’s move is clear and indeed explicit: to topple the Iranian regime. Given this folly, European citizens accurately sense that Europe’s security interests are no longer closely aligned with those of the United States.

America’s bullying approach to Iran has been seconded – indeed championed – by two Middle Eastern allies of the United States, Israel and Saudi Arabia. Israel invokes US power to avoid having to make any compromises with the Palestinians. Saudi Arabia invokes US military power to contain its regional rival, Iran. Both are hoping for a direct US war with Iran. Den Rest des Beitrags lesen »

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Facebook and the Future of Online Privacy

Posted by hkarner - 13. April 2018

Jeffrey D. Sachs, Professor of Sustainable Development and Professor of Health Policy and Management at Columbia University, is Director of Columbia’s Center for Sustainable Development and of the UN Sustainable Development Solutions Network. His books include The End of Poverty, Common Wealth, The Age of Sustainable Development, and, most recently, Building the New American Economy.

The EU has taken the lead in responding to abuse by the likes of Facebook, thanks to its new privacy standards and proposed greater taxation of peddlers of online personal data. Yet more is needed and feasible.

NEW YORK – Chris Hughes, a co-founder of Facebook, recently noted that the public scrutiny of Facebook is “very much overdue,” declaring that “it’s shocking to me that they didn’t have to answer more of these questions earlier on.” Leaders in the information technology sector, especially in Europe, have been warning of the abuses by Facebook (and other portals) for years. Their insights and practical recommendations are especially urgent now.

Facebook CEO Mark Zuckerberg’s testimony before the US Senate did little to shore up public confidence in a company that traffics in its users’ personal data. The most telling moment of testimony came when Illinois Senator Richard Durbin asked whether Zuckerberg would be comfortable sharing the name of his hotel and the people he had messaged that week, exactly the kind of data tracked and used by Facebook. Zuckerberg replied that he would not be comfortable providing the information. “I think that may be what this is all about,” Durbin said. “Your right to privacy.“ Den Rest des Beitrags lesen »

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Italian Politics and Europe’s Future

Posted by hkarner - 10. April 2018

Jeffrey D. Sachs, Professor of Sustainable Development and Professor of Health Policy and Management at Columbia University, is Director of Columbia’s Center for Sustainable Development and of the UN Sustainable Development Solutions Network. His books include The End of Poverty, Common Wealth, The Age of Sustainable Development, and, most recently, Building the New American Economy.

Italy – which stands at the border between Europe’s prosperous north and crisis-ridden south, and between an open Europe and one seized by atavistic nationalism – will play a pivotal role in determining whether the EU survives long enough to reform itself. The coalition government that emerges will prove crucial.

NEW YORK – More than ever, the European Union needs unity to assert its values and interests in an age when US global leadership is on the verge of collapse, China is ascendant, and Russia wavers yet again between cooperation and confrontation with the EU. Divided, the EU is a mere helpless spectator to geopolitical upheaval. United, the EU can play a critical global role, as it uniquely combines prosperity, democracy, environmentalism, innovation, and social justice. And whether the EU regains unity of purpose, or instead spirals into disarray, will depend on what happens now in Italy. Den Rest des Beitrags lesen »

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China’s Bold Energy Vision

Posted by hkarner - 3. April 2018

Jeffrey D. Sachs, Professor of Sustainable Development and Professor of Health Policy and Management at Columbia University, is Director of Columbia’s Center for Sustainable Development and of the UN Sustainable Development Solutions Network. His books include The End of Poverty, Common Wealth, The Age of Sustainable Development, and, most recently, Building the New American Economy.

China’s proposed Global Energy Interconnection – based on renewables, ultra-high-voltage transmission, and an AI-powered smart grid – represents the boldest global initiative by any government to achieve the goals of the Paris climate agreement. It is a strategy fit for the scale of the most important challenge the world faces today.

BEIJING – The boldest plan to achieve the targets set by the 2015 Paris climate agreement comes from China. The Paris accord commits the world’s governments to keeping global warming to well below 2º Celsius (3.6º Fahrenheit) relative to the pre-industrial level. This can be accomplished mainly by shifting the world’s primary energy sources from carbon-based fossil fuels (coal, oil, and natural gas) to zero-carbon, renewable (wind, solar, hydro, geothermal, ocean, biomass), and nuclear energy by the year 2050. China’s Global Energy Interconnection (GEI) offers a breathtaking vision of how to achieve this energy transformation.

Few governments appreciate the scale of this transformation. Climate scientists speak of the “carbon budget” – the total amount of carbon dioxide that humanity can emit in the coming years while still keeping global warming to under 2º. Current estimates put the mid-point estimate of the world’s carbon budget at around 600 billion tons. Humanity currently emits around 40 billion tons of CO2 per year, implying that the world has only until mid-century or even sooner to phase out fossil fuels and move entirely to zero-emission sources of primary energy. Den Rest des Beitrags lesen »

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Trump’s War Psyche and World Peace

Posted by hkarner - 26. Februar 2018

Jeffrey D. Sachs, Professor of Sustainable Development and Professor of Health Policy and Management at Columbia University, is Director of Columbia’s Center for Sustainable Development and of the UN Sustainable Development Solutions Network. His books include The End of Poverty, Common Wealth, The Age of Sustainable Development, and, most recently, Building the New American Economy.

Donald Trump is not the first leader with a severe personality disorder – characterized by intolerable feelings of inadequacy and an overwhelming need for approval – to gain power. But such leaders have usually gained control in smaller countries that lack the world’s most powerful military.

NEW YORK – When Donald Trump took office early last year, many pundits believed that he would settle into his presidency and pivot to normality. But a large number of America’s mental health experts didn’t see it that way. They warned that Trump evidently suffers from a mental impairment that would worsen under pressure, possibly leading him to launch a war, even a nuclear war. And now, with the dangers of a Trump-led war with North Korea or Iran rising, the world needs to head off America’s president before it’s too late. Den Rest des Beitrags lesen »

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The World Bank Needs to Return to Its Mission

Posted by hkarner - 11. Februar 2018

Jeffrey D. Sachs, Professor of Sustainable Development and Professor of Health Policy and Management at Columbia University, is Director of Columbia’s Center for Sustainable Development and of the UN Sustainable Development Solutions Network. His books include The End of Poverty, Common Wealth, The Age of Sustainable Development, and, most recently, Building the New American Economy.

With a clear plan, the World Bank would be able to find partners to help it support progress toward achieving the Sustainable Development Goals, which has been disappointing so far. Instead, the Bank is adopting an approach that would leave poor countries mired in debt, by relying on Wall Street to finance their basic needs.
NEW YORK – The World Bank declares that its mission is to end extreme poverty within a generation and to boost shared prosperity. These goals are universally agreed as part of the Sustainable Development Goals. But the World Bank lacks an SDG strategy, and now it is turning to Wall Street to please its political masters in Washington. The Bank’s president, Jim Yong Kim, should find a better way forward, and he can do so by revisiting one of his own great successes. Den Rest des Beitrags lesen »

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Die gebrochenen Versprechen des Westens zur Bildungshilfe

Posted by hkarner - 19. Januar 2018

Jeffrey D. Sachs, Professor of Sustainable Development and Professor of Health Policy and Management at Columbia University, is Director of Columbia’s Center for Sustainable Development and of the UN Sustainable Development Solutions Network. His books include The End of Poverty, Common Wealth, The Age of Sustainable Development, and, most recently, Building the New American Economy.

NEW YORK – Die Global Partnership for Education (GPE), eine lobenswerte und fähige Initiative zur Ausbildungsförderung in 65 einkommensschwachen Ländern, durchläuft derzeit, was im Sprachgebrauch der Entwicklungshilfe als „Auffüllungsrunde“ bezeichnet wird; d. h., sie bittet Spenderregierungen, ihre Kasse wieder aufzustocken. Die Tatsache freilich, dass die GPE um lediglich eine Milliarde Dollar pro Jahr – bloße Almosen – bittet, entlarvt die Farce der Zusagen westlicher Regierungen zur globalen Bildungsagenda Education for All.

USA und Europäische Union haben von dieser Agenda nie viel gehalten. Im Bereich der Gesundheit waren sie manchmal zu Investitionen bereit, um Epidemien wie AIDS, Malaria und Ebola einzudämmen oder zu stoppen, um einerseits Leben zu retten und andererseits zu verhindern, dass diese Krankheiten ihre eigenen Länder erreichen. Doch was die Bildung angeht, sind viele westliche Länder stärker daran interessiert, Mauern und Internierungslager zu errichten als Schulen. Den Rest des Beitrags lesen »

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US-Ökonom Jeffrey Sachs: Bitcoin-Blase wird letztlich platzen

Posted by hkarner - 13. Januar 2018

12. Jänner 2018, 14:42 standard.at

Die Regierungen würden ihr Monopol auf gesetzliche Zahlungsmittel nicht aufgeben und daher stärker gegen Digitalwährungen vorgehen

Wien – Nach den gewaltigen Kursgewinnen des vergangenen Jahres sieht der US-Ökonom Jeffrey Sachs in der der Kryptowährung Bitcoin „nichts anderes als eine Blase, die letzten Endes in sich zusammenfallen wird“. Sein Hauptargument: Die Regierungen würden ihre Ansprüche auf ein Monopol bei gesetzlichen Zahlungsmitteln nicht aus der Hand geben und daher immer stärker gegen Bitcoin vorgehen, sagte Sachs in einem Kommentar mit Blick auf China und Südkorea. In beiden Staaten gehen die Behörden bereits gegen Kryptowährungen vor oder ziehen dies immer stärker in Erwägung. Auch die US-Finanzaufsicht beginnt, nachdem sie lange Zeit untätig zugesehen habe, sich Sachs zufolge wegen der fehlenden Regulierung von Bitcoin & Co zunehmend zu sorgen.

Anonymität als Schwäche

Denn, so der Ökonom, in der von Anhängern von Kryptowährungen geschätzten Anonymität von Bitcoin liege gleichzeitig auch eine entscheidende Schwäche. Die Regierungen würden darauf bestehen, Geldflüsse nachvollziehen zu können, um Wirtschaftskriminalität, Steuerhinterziehung oder Terrorismus bekämpfen zu können. Gleichzeitig räumte Sachs ein, dass manche Regime diese Möglichkeiten auch zur Überwachung politischer Gegner einsetzen würden. Den Rest des Beitrags lesen »

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