Tone at the Top: Rebooting Democracy’s Dialogue

The TakeAway: We must hold lawmakers accountable to high standards of statecraft, just as we hold ourselves accountable when engaging on ‘hot button’ issues such as corporate accountability, sustainability, and human rights.

It was a high-minded day.  Following a Native American blessing and other remarks, last night President Obama called for civility and national unity at the memorial service for Tucson’s shooting victims.  Earlier, Speaker John A. Boehner (R-Ohio) gave an emotional speech on the House floor after introducing a resolution honoring those who were killed or wounded, and called upon the membership to “carry on a dialogue of democracy”.  One by one, members of Congress rose to pay tribute to their colleague Rep. Gabrielle Giffords (D-AZ) who continued to fight for her life.  On Tuesday, President Clinton said the tone of political debate must change.

While these are sincere and heartfelt statements about collective aspirations and commitments, they’re undermined by Congressional images and vocabulary.  Despite calls for civility, some House leaders responsible for financial reform, climate policy, health care, and other critical problems continue to use incitive sound bites.  Since taking over last week, the House has turned up the rhetorical heat at a time when cooler heads and bipartisan problem solving must prevail.  It’s time for Congress to abandon polarizing language and restore decency and integrity to the business of statecraft.  It’s also time for us to hold them accountable, just as we hold ourselves accountable through stakeholder engagement on controversial topics affecting corporate accountability, sustainability, human rights, and other issues where reasonable people disagree. Continue reading

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Dead Hands and Invisible Hands

The TakeAway: The 112th Congress, mindful of the values that underlie the whole Constitution, needs to face up to its responsibility to make policies that advance the common good and a sustainable future.

This morning, for the first time ever on the floor of the full House, the U.S. Constitution was read in its entirety—a laudable event if it means that the new Congress understands what’s in it and behaves accordingly.  Let’s hope the newly-elected members, especially Tea Partiers, take a purposeful, pragmatic view of their job and put away childish things.  By “childish things” I mean dead hands and invisible hands, symbols bespeaking Tea Party and conservative Republican anger over federal overreach.

Their “dead hand” interpretation of the Constitution is driven by anger over health care reform; their “invisible hand” philosophy of unregulated markets was rocked by the passage of financial reform.  But the nation’s problems have gotten so great that Congress needs to be creative, not creationist. Continue reading

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Who’s Friending Whom?

The TakeAway: News of Goldman Sachs’ $50 billion valuation and private offering of Facebook underscores the need to rally social media to promote corporate sustainability and accountability.

The biggest business story of the New Year broke in the wee hours of its first business day when the New York Times reported that Goldman Sachs was offering shares in Facebook to wealthy clients before an expected public offering in 2012.  DealBook reporter Andrew Ross Sorkin wrote that Goldman considered Facebook worth $50 billion, and that Facebook already had raised $500 million from Goldman and Russian investor Digital Sky Technologies.  Reactions were immediate, ranging from where that puts Facebook compared to other tech companies in the public market, to the credibility and impact of that valuation, to implications for our regulatory system when wealthy insiders have special access.  Missing from the debate is how to use social media to fight back against this kind of creeping corporate and financial oligarchy at a time when the rich continue to get richer while the economy continues to teeter. Continue reading

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Turning Points

The Takeaway: After 110 posts, we salute our supporters, celebrate our accomplishments, make some changes, and prepare for an even better 2011.

On Wednesday, we published my 100th post, written since the first one – on free and fair corporate elections – appearing July 8th, when we launched this experiment.  When you add the Commentaries – from Bob Massie, Bill Baue, Liz Umlas, and Conrad MacKerron – the total is 110, an impressive number considering all that’s happened in the past six months.  As we pause and reflect on all that’s been accomplished along the way, I want to thank both Bob Massie (whose idea this was) and Bill Baue (who tried mightily to improve my prose), as well as my colleagues at The Transition Group – Sonia Hamel, Ariane Van Buren, Dianne Callan, and Josh Gay – for their extraordinary editorial support and all around commitment to turning this idea into reality.  And, I want to thank all of you who have followed, shared, Tweeted, and commented, and otherwise let us know that we’re making a constructive contribution.  We are very grateful. Continue reading

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Climate Change-Makers

The TakeAway: While Federal climate change policy action sputters, state and local initiatives continue to offer opportunities for progress and engagement.

Climate change has triggered long-standing power struggles in the US between federal and state rights reminiscent of Civil Rights in the 1960s and Roe v. Wade in the ’70s, when states balked at ensuring racial equality and access to abortions.  Climate turned the tables, though, as state-level action filled the void of Congressional dithering over the legitimacy and impact of global warming.  Here’s a review of where things stand in the federal/state tussles on climate policy. Continue reading

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Gaming for Good

The TakeAway: Game-based technologies can serve as powerful tools for advancing sustainability and civic engagement—while enabling us to become game creators, too.

If you’re like many Americans, you spent part of your Christmas holiday playing with your Wii, Xbox360, PlayStation 3, or Nintendo—or know someone who did.  According to the Pew Internet and American Life project, by 2008 more than half of American adults played video games.  (And all that gaming, according to the Natural Resources Defense Council, consumes as much energy as does San Diego in a year.)  As digital culture expands, so do opportunities for diversion.

But what if these forms of immersive entertainment are good for you, helping you develop cognitive skills—even helping you do your job better?  And what if you, too, can learn how to develop “serious” games—e.g., games that do good?  The growing field of game development, while still aimed primarily at young people, offers intriguing possibilities for adults facing workplace challenges—such as better stakeholder engagement, sustainability reporting, and board representation. Continue reading

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Welcome Yule!

We’re taking tomorrow (Friday) off to enjoy the holidays with loved ones, but will be back on Monday.  In the meantime, we extend heartfelt Yuletide greetings to all of you, who have made this experiment so deeply satisfying.

As the winter light begins to glow,

This ever-circling year,

We hope you have a holiday,

That’s filled with love and cheer.

So as you gather round the hearth,

Telling tales both old and new,

Remember that the greatest gift,

Begins with peace on earth.


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Controversial Compromise on Net Neutrality

The TakeAway: The FCC’s decision on “net neutrality” creates a double set of rules applying to fixed broadband and mobile broadband—with the public interest standard in question.

The near decade-long struggle over “net neutrality” revolves around money, power, and access – in other words, whether Internet communication should be treated as differentially priced real estate, or an open marketplace owned by no one, accessible to all.  Neither, the Federal Communications Commission (FCC) decided yesterday in its 3 – 2 partisan vote on the Open Internet Order.  People are still trying to figure out what happened, but one thing is clear: the battlefield has shifted to wireless, where consumers, investors, and entrepreneurs remain vulnerable to monopolistic practices.  And the “public interest standard” – embedded in successive telecommunications laws since 1927, which attempts to reconcile commercial interests with the needs of democratic society – remains as elusive as ever. Continue reading

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Extractives: Dirty Industries, Clean Standards

The TakeAway: New SEC proposals require ethical health, safety, and human rights due diligence by companies engaged in the extractive industries.

Extractive industries are by definition a dirty business, but recent legislation and regulatory moves aim to clean them up as much as possible.  Last week, an SEC hearing on “Specialized Disclosure” approved proposals on “conflict minerals”, mine safety, and resource extraction company payments to US and foreign governments.  Over the opposition of industry groups, the SEC’s action means investors and consumers will have a better picture of whether products and payments are tainted by human rights abuses, unsafe worker conditions, and corruption.  The disclosure proposals flow from provisions of the historic Dodd-Frank Wall Street Reform and Consumer Protection Act, signed by President Obama on July 21st.  They also build on other standards, such as the Extractives Industry Transparency Initiative (EITI).

A coalition of retail and industry groups – including WalMart, Costco, Lowes, and Target – opposed the conflict minerals measures, claiming they’ve little control over manufacturing and sourcing decisions.  Proponents – including social justice advocacy groups, the Social Investment Forum, and investment managers Domini, Trillium, Boston Common, and As You Sow – argue the proposed rules protect investors while advancing the public interest. Continue reading

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Corporate Philanthropy and CSR: Private Initiative for the Public Good

Part Two of Two

The TakeAway: Attitudes toward corporate philanthropy reflect continued ambivalence about consolidated wealth and how best to foster accountability and sustainable prosperity.

Public suspicion – even scorn – of excess wealth and power is a sturdy American tradition that continues to this day.  Current ambivalence about the intent and impact of corporate philanthropy draws succor from late 19th century disputes over threats posed by large-scale benevolence – referred to as “tainted money” – to pluralism and democracy.  There are striking parallels to that era and now, where concerns about the social purpose of concentrated wealth drive the social responsibility / sustainability movement. Continue reading

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