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  • AIP Headlines: FINANCIAL MATTERS: The Choices Before Our New Democracy

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    aipmadrid
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    By: Ifeanyi Uddin http://234next.com/csp/cms/sites/Next/Home/5698561-146/financial_matters_the_choices_before_our.csp I readily confess to a fascination with the “theory of unintended consequences”. But, a small clarification before anything further is written. My interest is not in the certainty that everything that may go wrong about a policy choice/decision is bound to. Confronted by almost six decades of inept and often cynical management of this economy, it is to be expected that we have come to associate “unintended consequences” with “negative outcomes”. In truth, put this way, my central narrative is but a variant of Murphy’s Law. Instead, my enthralment is with the benefits, losses, or wrong signals arising from a particular action, but which were not conceived of in or intended as part of the original action plan. Newspaper headlines on workers’ day, May 1, were all of one flavour. In their addresses to the different labour rallies, state governors all pledged to implement the new minimum wage. Not too long ago, the same persons had argued that their state government budgets could not bear the extra financial burden from paying the new minimum wage. What had changed since then? I could think of only one proximate explanation: the events of late April, this year. On balance, the last polls in the country appear to have moved the social engagement envelope several notches up. The “voice” of the people was heard loud and clear, amidst the din of many a strong man’s battered ego. That was the intended consequence of the clamour over the years for a democracy in which every vote is counted, and every vote counts. To the extent that it acts as counter-weight to the dominant culture of impunity that has come to define our polity, a representative democracy ought to improve both the collective capacity to choose, and the different cabinet’s will to execute. Perverse results However, to the extent that politicians interpret “re-election” as the main challenge of a democracy, then even the best voting process could have perverse results. One such result is the rise of populist politics. Because the masses may now have the power of the vote, what is to stop unscrupulous politicians from pandering to its basest instincts? To take but a few examples, a thin line separates the need for higher taxes on the affluent in aid of society’s redistribution responsibilities from a restraint on commerce as part of an ill-advised process of democratising poverty; a no less blurred space sits between the need to protect employment for locals and xenophobia. A less than honest treatment of the policy choices at the heart of these two examples could lead politicians in a race to the bottom of the dump yard; more so in a democracy where people have only just begun to savour the power that rightfully belongs to them. Our best bet is a lot more conviction at the top. For leadership is not solely about bending resources and capacity to the discharge of the popular will. It is more about shaping the choice space. Agreeing a desired destination, and selling this to the electorate. It is, in this very narrow sense, a question ultimately of shaping the popular will. Of leading it down paths where only visionaries have travelled previously. Again as between a visionary leader and a demagogue, the thinnest of lines demarcate. So we arrive at the point where we must agree that even under the best of representative democracies, the threat of continued misrule in this country does not evaporate overnight. This danger is heightened by the prevalent low levels of education in the country, both of the classroom variety, and of the civic one, which can only come from a long thriving civil society. In the absence of such a society, then, our hopes for a better tomorrow, in the short-term, at least still depend on the quality of leadership we get. In the absence of a functioning democracy, a benevolent caudillo almost became a popular fancy. One, who, underst

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    By: Ifeanyi Uddin http://234next.com/csp/cms/sites/Next/Home/5698561-146/financial_matters_the_choices_before_our.csp I readily confess to a fascination with the “theory of unintended consequences”. But, a small clarification before anything further is written. My interest is not in the certainty that everything that may go wrong about a policy choice/decision is bound to. Confronted by almost six decades of inept and often cynical management of this economy, it is to be expected that we have come to associate “unintended consequences” with “negative outcomes”. In truth, put this way, my central narrative is but a variant of Murphy’s Law. Instead, my enthralment is with the benefits, losses, or wrong signals arising from a particular action, but which were not conceived of in or intended as part of the original action plan. Newspaper headlines on workers’ day, May 1, were all of one flavour. In their addresses to the different labour rallies, state governors all pledged to implement the new minimum wage. Not too long ago, the same persons had argued that their state government budgets could not bear the extra financial burden from paying the new minimum wage. What had changed since then? I could think of only one proximate explanation: the events of late April, this year. On balance, the last polls in the country appear to have moved the social engagement envelope several notches up. The “voice” of the people was heard loud and clear, amidst the din of many a strong man’s battered ego. That was the intended consequence of the clamour over the years for a democracy in which every vote is counted, and every vote counts. To the extent that it acts as counter-weight to the dominant culture of impunity that has come to define our polity, a representative democracy ought to improve both the collective capacity to choose, and the different cabinet’s will to execute. Perverse results However, to the extent that politicians interpret “re-election” as the main challenge of a democracy, then even the best voting process could have perverse results. One such result is the rise of populist politics. Because the masses may now have the power of the vote, what is to stop unscrupulous politicians from pandering to its basest instincts? To take but a few examples, a thin line separates the need for higher taxes on the affluent in aid of society’s redistribution responsibilities from a restraint on commerce as part of an ill-advised process of democratising poverty; a no less blurred space sits between the need to protect employment for locals and xenophobia. A less than honest treatment of the policy choices at the heart of these two examples could lead politicians in a race to the bottom of the dump yard; more so in a democracy where people have only just begun to savour the power that rightfully belongs to them. Our best bet is a lot more conviction at the top. For leadership is not solely about bending resources and capacity to the discharge of the popular will. It is more about shaping the choice space. Agreeing a desired destination, and selling this to the electorate. It is, in this very narrow sense, a question ultimately of shaping the popular will. Of leading it down paths where only visionaries have travelled previously. Again as between a visionary leader and a demagogue, the thinnest of lines demarcate. So we arrive at the point where we must agree that even under the best of representative democracies, the threat of continued misrule in this country does not evaporate overnight. This danger is heightened by the prevalent low levels of education in the country, both of the classroom variety, and of the civic one, which can only come from a long thriving civil society. In the absence of such a society, then, our hopes for a better tomorrow, in the short-term, at least still depend on the quality of leadership we get. In the absence of a functioning democracy, a benevolent caudillo almost became a popular fancy. One, who, underst

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    AIP Headlines: FINANCIAL MATTERS: The Choices Before Our New Democracy

    Transféré par

    aipmadrid
    By: Ifeanyi Uddin http://234next.com/csp/cms/sites/Next/Home/5698561-146/financial_matters_the_choices_before_our.csp I readily confess to a fascination with the “theory of unintended consequences”. But, a small clarification before anything further is written. My interest is not in the certainty that everything that may go wrong about a policy choice/decision is bound to. Confronted by almost six decades of inept and often cynical management of this economy, it is to be expected that we have come to associate “unintended consequences” with “negative outcomes”. In truth, put this way, my central narrative is but a variant of Murphy’s Law. Instead, my enthralment is with the benefits, losses, or wrong signals arising from a particular action, but which were not conceived of in or intended as part of the original action plan. Newspaper headlines on workers’ day, May 1, were all of one flavour. In their addresses to the different labour rallies, state governors all pledged to implement the new minimum wage. Not too long ago, the same persons had argued that their state government budgets could not bear the extra financial burden from paying the new minimum wage. What had changed since then? I could think of only one proximate explanation: the events of late April, this year. On balance, the last polls in the country appear to have moved the social engagement envelope several notches up. The “voice” of the people was heard loud and clear, amidst the din of many a strong man’s battered ego. That was the intended consequence of the clamour over the years for a democracy in which every vote is counted, and every vote counts. To the extent that it acts as counter-weight to the dominant culture of impunity that has come to define our polity, a representative democracy ought to improve both the collective capacity to choose, and the different cabinet’s will to execute. Perverse results However, to the extent that politicians interpret “re-election” as the main challenge of a democracy, then even the best voting process could have perverse results. One such result is the rise of populist politics. Because the masses may now have the power of the vote, what is to stop unscrupulous politicians from pandering to its basest instincts? To take but a few examples, a thin line separates the need for higher taxes on the affluent in aid of society’s redistribution responsibilities from a restraint on commerce as part of an ill-advised process of democratising poverty; a no less blurred space sits between the need to protect employment for locals and xenophobia. A less than honest treatment of the policy choices at the heart of these two examples could lead politicians in a race to the bottom of the dump yard; more so in a democracy where people have only just begun to savour the power that rightfully belongs to them. Our best bet is a lot more conviction at the top. For leadership is not solely about bending resources and capacity to the discharge of the popular will. It is more about shaping the choice space. Agreeing a desired destination, and selling this to the electorate. It is, in this very narrow sense, a question ultimately of shaping the popular will. Of leading it down paths where only visionaries have travelled previously. Again as between a visionary leader and a demagogue, the thinnest of lines demarcate. So we arrive at the point where we must agree that even under the best of representative democracies, the threat of continued misrule in this country does not evaporate overnight. This danger is heightened by the prevalent low levels of education in the country, both of the classroom variety, and of the civic one, which can only come from a long thriving civil society. In the absence of such a society, then, our hopes for a better tomorrow, in the short-term, at least still depend on the quality of leadership we get. In the absence of a functioning democracy, a benevolent caudillo almost became a popular fancy. One, who, underst

    Droits d'auteur :

    Attribution Non-Commercial (BY-NC)
    Téléchargez comme TXT, PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
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    AIP Headlines: FINANCIAL MATTERS: The choices before our new democracy

    By: Ifeanyi Uddin


    http://234next.com/csp/cms/sites/Next/Home/5698561-146/financial_matters_the_cho
    ices_before_our.csp
    I readily confess to a fascination with the “theory of unintended consequences”. But
    , a small clarification before anything further is written. My interest is not i
    n the certainty that everything that may go wrong about a policy choice/decision
    is bound to. Confronted by almost six decades of inept and often cynical manage
    ment of this economy, it is to be expected that we have come to associate “uninten
    ded consequences” with “negative outcomes”.
    In truth, put this way, my central narrative is but a variant of Murphy’s Law. Ins
    tead, my enthralment is with the benefits, losses, or wrong signals arising from
    a particular action, but which were not conceived of in or intended as part of
    the original action plan.
    Newspaper headlines on workers’ day, May 1, were all of one flavour. In their addr
    esses to the different labour rallies, state governors all pledged to implement
    the new minimum wage. Not too long ago, the same persons had argued that their s
    tate government budgets could not bear the extra financial burden from paying th
    e new minimum wage. What had changed since then? I could think of only one proxi
    mate explanation: the events of late April, this year.
    On balance, the last polls in the country appear to have moved the social engage
    ment envelope several notches up. The “voice” of the people was heard loud and clear
    , amidst the din of many a strong man’s battered ego. That was the intended conseq
    uence of the clamour over the years for a democracy in which every vote is count
    ed, and every vote counts.
    To the extent that it acts as counter-weight to the dominant culture of impunity
    that has come to define our polity, a representative democracy ought to improve
    both the collective capacity to choose, and the different cabinet’s will to execu
    te.
    Perverse results
    However, to the extent that politicians interpret “re-election” as the main challeng
    e of a democracy, then even the best voting process could have perverse results.
    One such result is the rise of populist politics. Because the masses may now ha
    ve the power of the vote, what is to stop unscrupulous politicians from panderin
    g to its basest instincts? To take but a few examples, a thin line separates the
    need for higher taxes on the affluent in aid of society’s redistribution responsi
    bilities from a restraint on commerce as part of an ill-advised process of democ
    ratising poverty; a no less blurred space sits between the need to protect emplo
    yment for locals and xenophobia.
    A less than honest treatment of the policy choices at the heart of these two exa
    mples could lead politicians in a race to the bottom of the dump yard; more so i
    n a democracy where people have only just begun to savour the power that rightfu
    lly belongs to them. Our best bet is a lot more conviction at the top. For leade
    rship is not solely about bending resources and capacity to the discharge of the
    popular will. It is more about shaping the choice space. Agreeing a desired des
    tination, and selling this to the electorate. It is, in this very narrow sense,
    a question ultimately of shaping the popular will. Of leading it down paths wher
    e only visionaries have travelled previously.
    Again as between a visionary leader and a demagogue, the thinnest of lines demar
    cate. So we arrive at the point where we must agree that even under the best of
    representative democracies, the threat of continued misrule in this country does
    not evaporate overnight. This danger is heightened by the prevalent low levels
    of education in the country, both of the classroom variety, and of the civic one
    , which can only come from a long thriving civil society.
    In the absence of such a society, then, our hopes for a better tomorrow, in the
    short-term, at least still depend on the quality of leadership we get. In the ab
    sence of a functioning democracy, a benevolent caudillo almost became a popular
    fancy. One, who, understanding the need for progress along modern lines, a la Si
    ngapore and Malaysia, rammed that vision through society. Once we change the rul
    es of the game through trying to run elections properly, we deny this possibilit
    y. Instead, the new need is for conviction politicians, prepared to argue their
    corner as strenuously as the most modern constitution permits, while eschewing p
    opular lines.

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