To trust the Capital?

You will all remember the oil spill across the Gulf of Mexico back in April 2010?

The oil spills are a classical ‘low probability -- high-impact events’ as the one in Santa Barbara, California, in 1969, when more than eleven million gallons were dumped into coastal waters. From there on, we’ve seen more than our share of these kinds of accidents.

If there are lessons to be learned from those catastrophes, among the first ones are that “pre-disaster assumptions tend to be dramatically off base” and that “the worst-case scenarios were downplayed or ignored”.

We could argue whether this attitude is driving us against all the basic principles of Nature. Uncontrollably destroying the natural environment and exploitation of resources beyond recovery are just some of the profit-oriented results. Is such a conduct responsible behaviour to future generations?

Virtue – Morality – Ethics and leadership

The three: virtue, morality and ethics are not new philosophical terms. To Aristotle the good for human beings must essentially involve the entire proper function of human life as a whole. And this must be an activity of the soul so that expresses genuine virtue or excellence.

Virtue, in short, is a desire for honourable things. Aristotle defined the virtue as habits of acting or dispositions to act in certain ways. In China the term Dé is probably the closest modern English equivalent that means ‘virtue’ in the sense of ‘personal character,’ ‘inner strength,’ ‘virtuosity,’ or ‘integrity.’ Chinese character Dé, written as 德, is composed of the radical彳followed by the number ‘fourteen’ or shí sì (十四) over ‘one’ or yī (一) ‘heart / mind’ or xīn (心). The simple meaning is that one has to have a big heart for fourteen people.

The Economy and a ‘cultural noise in the background of our minds’

The word economy can be traced back to the Greek word oikonomos meaning ‘one who manages a household.’ The first recorded todays’ meaning of  economy was traced in the work, although could not be proven but was very likely  composed in the year of  1440, referring to ‘the management of economic affairs,’ in this case, of a monastery.

Very few would argue that a modern economy is customarily said to have begun with Adam Smith (1723–1790). Smith characterizes economy as three orders in society: those who live by the rent, by their labor, and by the profits. Therefore we could say that we have been caught under the Smith’s ‘invisible hand’, the economic paradigm, more than 250 hundred years ago. And it was modeled upon the prevailing ‘cultural background noise’ of that age. It was also very much ‘trapped’ by religion.

Joseph Schumpeter described economy also as three-folded namely, monetary, interests, and value theory within a natural-law perspective. And those two economists were not the only ones thinking it this way. It really looks like the economy is based on three main concepts. One does not need be an expert to deduct: a (free) market, which can by definition is something imaginary as a Holy Ghost; a (private) property, which equals to omnipotence - the God; and the third is labor, which can be linked to a sacrifice - Jesus Christ.

Leadership and Charisma

What makes a leader motivating others? The most common answer I have come across is "charisma." People want to hear what charismatic leaders have to say and do, what they advise. “Charismatic people always combine two messages,” says Fox Cabane. “They give the impression that they have a lot of power and also that they like you, or could like you, a lot. Humans are hard-wired to dislike uncertainty, so when they come across someone who shows none they tend very hard to resist.” Therefore, it is not surprising that in nowadays of crisis many organizations seek to hire those who exhibit charisma.

Today more than ever we are in need of inspiring employees to confront problems, the need of workers that focus on tasks, and voice their opinions. Here leaders and not managers are setting their organizations up for needed transformation. Leaders, which have virtue, vision and “internal” power to do it.

It is not about the definition of a bad or good leader, it is about how he or she should behave and what she or he should aim for to be a successful one.

Martial arts are a value-driven system

In the past, the main objective of martial arts was effective and efficient combat that regularly resulted in mortality or caused some degree of injury, often very severe, while today, martial arts are being used in more than one way. The first would be in the direct usage of martial arts that serves the original purpose. It is only used in extreme situations by military, police, and such organizations.Nowadays, the term is usually associated with various unarmed Asian martial arts, such as Wing Chun, karate do, judo, taekwondo, aikido, and others, and martial arts using mostly cold weaponry, such as kendo, ninjutsu, battojutsu. In reality, it encompasses a whole plethora of martial arts from around the world, like boxing, savate, capoeira, jeet kune do, krav maga, fencing, and much more. But here we need to be aware of the differences in the ways of thinking coming from the environments influenced by Confucianism, Daoism, or Buddhism on one side, and the West on the other. This is all reflected in those martial arts. While the Chinese martial arts are predominantly rhythmic in movement, the Western tend to be more dynamic and tense.