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THE WEALTH OF NATIONS REVISITED CADMUS PROMOTING LEADERSHIP IN THOUGHT THAT LEADS TO ACTION NEW PERSPECTIVES ON MAJOR GLOBAL ISSUES Volume 2, Issue 2, Part 1 April 2014 ISSN 2038-5242 Inside This Issue Seed-Ideas Expanding Network of Networks — O. Giarini, H. Gurgulino de Souza, G. Jacobs, W. Nagan, I. Šlaus & A. Zucconi The Coming Revolution in Education — Alberto Zucconi & Garry Jacobs Articles Transition to a New Society — Ivo Šlaus New Paradigm: The Necessity and the Opportunity — Garry Jacobs Environmental Acceptability as the Driver of New Civilization — Alexander Likhotal Change the World by Changing Economics — Karl Wagner The Crisis of the Existing Global Paradigm of Governance and Political Economy — Winston P. Nagan EDITORIAL BOARD Chairman: Ivo Šlaus, Honorary President, World Academy of Art & Science; Member, Club of Rome, European Leadership Network and Pugwash Council; Dean, Dag Hammarskjold University College for The world needs a new negotiation approach and a strong wildcard combined with an International Relations & Diplomacy, Zagreb. understand ing that insisting on the present approach will bring about the ultimate climate risk. Editor-in-Chief: Orio Giarini, Director, The Risk Institute, Geneva and Trieste; Member of the Board of F J Radermacher, Climate Policy after Doha: Turning Obstacles into Solutions Trustees, World Academy of Art & Science; Honorary Member, Club of Rome. Managing Editor: Garry Jacobs, Chief Executive Officer, World Academy of Art & Science; Vice- Sustainability can become established only when the mentality throughout the entire develop- President, The Mother’s Service Society, Pondicherry, India; International Fellow, Club of Rome. mental process changes. Members: Agni Arvanitis, “Biopolis”: Biopolicy for Greener and More Livable Cities Walter Truett Anderson, President Emeritus, World Academy of Art & Science; Fellow, Western Behavioral Sciences Institute; Founding Fellow, Meridian International Institute (USA). Diversity is often a strength, but too many fragmented approaches to promoting sustainability Ian Johnson, Secretary General, Club of Rome; former Vice President, The World Bank; Fellow, World may weaken progress in realizing this necessary and desirable transition. Academy of Art & Science. Michael Marien, The Climate Bonus – Book Review Michael Marien, Fellow, World Academy of Art & Science; Director, Global Foresight Books. The endeavor to define, develop and formulate a new paradigm demands, on one side, research, Winston Nagan, Chairman, Board of Trustees, Chair of Program Committee & Editor of Eruditio, education and creativity and, on the other side, an integrated activity by a network of committed e-journal of the World Academy of Art & Science; Professor of Law & Director, Institute for Human global organizations. Rights, Peace & Development, University of Florida. Ivo Šlaus & Garry Jacobs, New Paradigm in Human Development Francesco Stipo, Fellow, World Academy of Art & Science; President of the US Association, Club of Rome. The possible solutions – that may render many of today’s impossibilities as realities of tomorrow Editorial & Technical Staff: Vasugi Balaji, Latha Chandrasekaran, Janani Harish, Hariny Narayanan, – must inevitably be based on equal dignity for all human beings and on social justice. Vidya Rangan, Ranjani Ravi and Ranganayaki Somaskandan. Federico Mayor, Seeking Alternatives in a Global Crisis The CADMUS Journal How can systems as fundamentally different as the cell and the Internet have the same architec- ture and obey the same laws? The acronym of the South-East European Division of The World Academy of Art and Raoul Weiler & Jüri Engelbrecht, The New Sciences of Networks and Complexity Science – SEED – prompted us to initiate a journal devoted to seed ideas – to leadership in thought that leads to action. Cadmus (or Kadmos in Greek and Phoenician mythology) was a Science is for the most part a set of techniques for closing open systems in order to scrutinize them. son of King Agenor and Queen Telephassa of Tyre, and brother of Cilix, Phoenix and Europa. Roberto Poli, A Note on the Difference between Complicated and Complex Social Systems Cadmus is credited with introducing the original alphabet – the Phoenician alphabet, with “the invention” of agriculture, and with founding the city of Thebes. His marriage with Harmonia Central banks should use their ability to create new money and channel it into meaningful represents the symbolic coupling of Eastern learning and Western love of beauty. The young- investments. est son of Cadmus and Harmonia is Illyrius. The city of Zagreb, which is the formal seat of Suleika Reiners, Making Central Banks Serve the Real Economy SEED, was once a part of Illyria, a region including what is today referred to as the Western Uncertainty constitutes the true possibility of progress. Balkans and even more. Cadmus will be a journal for fresh thinking and new perspectives that Orio Giarini, Secretariat of the Soul integrate knowledge from all fields of science, art and humanities to address real-life issues, inform policy and decision-making, and enhance our collective response to the challenges The concept of security has dramatically evolved. It moved away from the sole protection of states (meaning often regimes or governments) against external threats by military means to and opportunities facing the world today. ensuring the safety and well-being of individuals. Marc Finaud, Cooperative Security Copyright: The Risk Institute – Istituto del Rischio Via della Torretta 10, 34121, Trieste – Italy / Rue le Corbusier 12, 1208 Geneva – Switzerland An unadulterated recognition of the individual is recognition of the human capital inherent in all Editorial Office: The Mother's Service Society human beings. 5, Puduvai Sivam Street, Venkata Nagar – Pondicherry 605011 – India Winston Nagan, Global Governance: A New Paradigm for the Rule of Law Published under Open Access policy guidelines. We need a new paradigm for the 21st century which is not dependent on what worked in the For Editorial Policy see http://cadmusjournal.org/content/editorial-policy 20th century. Websites: www.cadmusjournal.org – www.worldacademy.org – www.newwelfare.org Des Browne, Garry Jacobs & Ivo Šlaus, Actions to Enhance Global Security E-mail: [email protected] Printed by: Akaram, Plot No.1, Nirmala Nagar, Thanjavur, India Inside this Issue Earlier issues of Cadmus Journal have explored new ideas and strategies for addressing the multiple challenges confron “Today a new ting global society today in the fields of economics, ecology, human-centred governance, security, society and culture. and sustainable economic, social Beginning last year the focus of the World Academy of Art and governance & Science shifted from examination of individual sectors paradigm is de- to a search for comprehensive, integrated solutions, which represent initial efforts to frame a New Paradigm for human manded.” development. This has been the subject matter of recent conferences at Trieste, the UN in Geneva, Library of Alexandria, Washington DC and Ottawa in 2013. This shift has continued in 2014 with a very successful confe rence on “Transition to a New Society” in Podgorica held in association with the Montenegrin Academy of Sciences & Arts and participation in a meeting organized by Club of Rome at Castell de Castellet near Barcelona last month. The April 2011 issue of Cadmus led with a “Call for United Action” by Heitor Gurgulino de Souza. In the spirit of that call, on April 30th this year WAAS and the Nizami Ganjavi International Center are convening a meeting in Baku, Azerbaijan to explore the scope for collaboration between leading organizations on formulation of a new paradigm. The meeting will involve leading organizations including the Club of Madrid, Club of Rome, Future World Foundation, Green Cross International, Institute for Cultural Diplomacy, Library of Alexandria, Partnership for Change, World Future Council, and the recently established World University Consortium. This initiative is based on the following premises: • The contemporary world is global, complex, uncertain and changing rapidly. • The present economic, social and political paradigm is destroying natural, human and social capital at an accelerating pace. • The problems generated by this destruction require urgent solution. • All of these problems are complex, interconnected and cannot be effectively addressed in a piecemeal, sectoral fashion. • They cannot be solved within the existing paradigm. • One of the fundamental issues concerns rebuilding macro-economics. (i) • The world witnessed a number of sudden, dramatic, game-changing paradigm changes in the 20th century. • Today a new human-centred and sustainable economic, social and governance paradigm is demanded. • It must be global in perspective, adaptable to constantly changing conditions, and capable of responding to inherent uncertainties. • A new paradigm is achievable while preserving the valuable components of the existing paradigms. This issue of Cadmus includes a number of articles exploring different dimensions of these issues. We hope readers enjoy it and invite you to contribute to the on-going effort to frame new foundations for human development. Orio Giarini Garry Jacobs Ivo Šlaus (ii) SEED-IDEAS Expanding Network of Networks The World Academy of Art & Science was founded as a network of concerned individu- als committed to addressing the multi-faceted global challenges of the modern era. It would appear