The really real reason why banks have so many scandals

“Since we have not more power of knowing the future than any other men, we have made many mistakes (who has not during the past five years?), but our mistakes have been errors of judgment and not of principle.” J.P. Morgan Jnr, 1933
A couple of months ago I was toying with the idea of writing a post about how the commercial finance sector in the UK and the US seems to be incorrigably broken as a result of the dominant sentiment that it’s only a crime if you get found out. I saw this as evidence of an over-reliance on the Individualist cultural worldview.
But it seemed too extreme. I didn’t want to promote a sweeping  “indictment of banking as an inherently evil industry filled with shysters that are intent on fleecing anyone they can.” Surely they weren’t all corrupt. All generalizations are wrong, (especially this one, as the saying goes). Surely I was over reacting. So the post never got written.
Then the Barclays Libor scandal broke in London…

Four Ways to Make Social Change Work Better: The Transition Movement and the Four Cultures

Transition actually looked like a good tool for the job. They were picking it up by whatever handle they grasped. They were swinging it as earnestly as they could.’ – Jon Mooallem, NY Times

The Transition Movement, a grassroots coalition pioneered in the UK by Rob Hopkins, is a great case study for understanding and improving the process of social change. In this article I aim to clarify the microdynamics of social change by using Grid-Group Cultural Theory (the four cultures) as an analytic tool. The theory, first developed by anthropologist Mary Douglas, suggests there are four competing ways of organising and disorganising society, at every level, and that a balance between these makes for a better outcome than an exclusive over-emphasis on one or another of them. Most social activists recognise a basic conflict in social-political visions between, broadly, left and right, conservative and liberal. The four cultures shows that there are actually four basic positions, not two, and that social interaction is much more intelligible when we take all four into account.

It’s my conviction that the Four Cultures approach can help social change agents ‘to bring in the people that conventional activists have failed to reach’, by showing how to be more inclusive while also becoming more focussed on what kinds of inclusion really matter. Continue reading Four Ways to Make Social Change Work Better: The Transition Movement and the Four Cultures