Book of the Month – May 2021- Value(s) by Mark Carney

Value(s): Building a Better World for All
A bold, urgent argument on the misplacement of value in financial markets and how we can and need to maximize value for the many, not few.

As an economist and former banker, Mark Carney has spent his life in various financial roles, in both the public and private sector. VALUE(S) is a meditation on his experiences that examines the short-comings and challenges of the market in the past decade which he argues has led to rampant, public distrust and the need for radical change.
Focusing on four major crises-the Global Financial Crisis, the Global Health Crisis, Climate Change and the 4th Industrial Revolution– Carney proposes responses to each. His solutions are tangible action plans for leaders, companies and countries to transform the value of the market back into the value of humanity.

(Recommended by Barry T)

What they have and what they do are secondary to what they are….

Mother Teresa
Mother Teresa (1910-1997)

Mother Teresa’s greatness and power arose because she addressed the most noble qualities within human nature—unconditional love and nonjudgmental compassion.

When someone dedicates their life to carrying out the principle of universal truth, that person becomes magnetic. They develop the power of attraction. What they have and what they do are secondary to what they are. It is that quality, which the world acknowledges and brings them, that we term success.

What was it that Mother Teresa acknowledged in others and, by so doing, magnificently brought forth for all of us to see in her? When she ministered to the poor and the sick and the dying in the streets of Kolkata, was she trying to save them from death? Was she trying to raise funds for the poor? No. What she ministered to and acknowledged was the intrinsic truth of human dignity, worth, value, nobility, lovability, and greatness. Those qualities are intrinsic in every human being no matter how abysmal their external life situation may seem to be.

The Map of Consciousness Explained: A Proven Energy Scale to Actualize Your Ultimate Potential by David R. Hawkins

Beginning of economic populism?

What happened with Gamestop is the beginning of economic populism. Robinhood weaponized the Occupy Wall Street movement, social drove viral interest, and nearly everyone hates Wall Street and Robinhood. There’s a lot to unpack here, political, economic, social, and technological, but understanding how all these themes come together is crucial to understand the future of fintech…..

In this interconnected world cooperation and reciprocity are the best strategies of all

Generous Corn Farmer
There was a farmer who grew excellent quality corn. Every year he won the award for the best grown corn. One year a newspaper reporter interviewed him and learned something interesting about how he grew it. The reporter...
GENEROUS CORN FARMER

There was a farmer who grew excellent quality corn. Every year he won the award for the best grown corn. One year a newspaper reporter interviewed him and learned something interesting about how he grew it. The reporter discovered that the farmer shared his seed corn with his neighbors. “How can you afford to share your best seed corn with your neighbors when they are entering corn in competition with yours each year?” the reporter asked.

“Why sir,” said the farmer, “Didn’t you know? The wind picks up pollen from the ripening corn and swirls it from field to field. If my neighbors grow inferior corn, cross-pollination will steadily degrade the quality of my corn. If I am to grow good corn, I must help my neighbors grow good corn.”

Bottom line:

If you manage to see how interconnected the game really is, then it becomes evident that cooperation and reciprocity are the best strategies of all.

-STORY.FUND

Liberty lies in the hearts of men and women

“I often wonder whether we do not rest our hopes too much upon constitutions, upon law and upon courts. These are false hopes, believe me, these are false hopes. Liberty lies in the hearts of men and women; when it dies there, no constitution, no law, no court can save it; no constitution, no law, no court can even do much to help it. While it lies there it needs no constitution, no law, no courts to save it.”

~ Judge Learned Hand
(1872-1961), Judge, U. S. Court of Appeals

Yuval Noah Harari on The Story of Sapiens

Prof. Yuval Noah Harari (@harari_yuval) is a historian and bestselling author who is considered one of the world’s most influential public intellectuals today. His popular books—Sapiens: A Brief History of Humankind, Homo Deus: A Brief History of Tomorrow, and 21 Lessons for the 21st Century— have sold 27.5 million copies in 60 languages. They have been recommended by Barack Obama, Chris Evans, Janelle Monáe, Bill Gates, and many others. The Guardian has credited Sapiens with revolutionizing the nonfiction market and popularizing “brainy books.”

He is also behind Sapiens: A Graphic History, a new graphic novel series in collaboration with comics artists David Vandermeulen (co-writer) and Daniel Casanave (illustrator). This beautifully illustrated series is a radical reworking of his book Sapiens: A Brief History of Humankind. The series will be published in four volumes starting in fall 2020 with Volume 1, The Birth of Humankind, which is out now.