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Garry Jacobs

Jacobs, Garry

Jacobs, Garry

Chairman of the Board of Trustees, World Academy of Art & Science; Vice-President, The Mother’s Service Society, Pondicherry, India; International Fellow, Club of Rome.  Email - garryj29@gmail.com Website: www.mssresearch.org

Job Title

Chairman of the Board of Trustees, World Academy of Art & Science; Vice-President, The Mother’s Service Society, Pondicherry, India; International Fellow, Club of Rome.  Email - garryj29@gmail.com Website: www.mssresearch.org

Garry Jacobs is an American-born consultant on business management and economic development and Vice President of The Mother's Service Society, a social science research institute in Pondicherry, India. Since 1972 he has been engaged in research on social development, organizational theory, money and employment, as well as studies for the Government of India and state governments. From 1989 to 1994, he was Member-Secretary of the International Commission on Peace & Food (ICPF) and editor of the Commission's report to the UN entitled Uncommon Opportunities: Agenda for Peace and Equitable Development. Since 1995 he is also Executive Director, International Center for Peace & Development, (Napa, CA). As a management consultant, he has worked with major corporations in the USA, Europe and India and  is co-author of two books on the process of corporate growth: The Vital Difference: Unleashing the Powers of Sustained Corporate Success, and The Vital Corporation: How American Companies Large and Small Double Profits in Two Years or Less.

ARTICLES BY THIS AUTHOR

Multiplying Money   ( New Economics )
Abstract   This article is not a comprehensive factual history of money as an economic instrument. It aims rather to present an essential psychological history of the power of money as a social organization or social technology. It explores the catalytic role of money in the development of society and its ever-increasing capacity for accomplishment in both economic and non-economic fields. This perspective focuses attention on the unutilized potential for harnessing the social power of...
Steve Jobs: Nobel Laureate   ( New Economics )
Abstract The remarkable achievements of one of the world's greatest entrepreneurs offer profound insights into the fundamental nature of economy and essential missing links in prevailing economic theory. The career of Steve Jobs dramatically illustrates the central importance of human capital in modern economy and the almost incalculable contribution that a single individual can make to technological advancement, social innovation and wealth creation, while enhancing the lifestyle of hundreds...
Human Centered Development Perspective   ( Knowledge, Science & Values )
Insights from Trieste The Trieste Forum in March 2013 marked a significant milestone in the effort of the World Academy to evolve a comprehensive, integrated, transdisciplinary perspective for addressing global challenges. An initial presentation on the physics of Dark Matter aptly illustrated the need for new thinking in the social sciences. If the most mathematically rigo- rous of physical sciences is compelled to postulate the existence of an unknown, invisible substance and energy...
In Search of a New Paradigm for Global Development   ( Knowledge, Science & Values )
Abstract The World Academy has recently launched an initiative to bring together like-minded organizations and individuals to examine the root causes of the multiple challenges confronting humanity today and formulate a comprehensive strategy for addressing them. Its central premise is that viable, effective solutions can be found to meet the entire spectrum of economic, ecological, political and social challenges by formulation of an integrated perspective, comprehensive strategy and...
Nuclear Threats and Security   ( Peace and Security )
Get Full Text in PDF Abstract This article presents highlights and insights from the International Conference on “Nuclear Threats and Security” organized by the World Academy of Art and Science in association with the European Leadership Network and the Dag Hammarskjöld University College of International Relations and Diplomacy and sponsored by NATO at the Inter-University Centre, Dubrovnik on September 14-16, 2012. The conference examined important issues related to nuclear non-proliferation...
Sovereignty and Nuclear Weapons: The Need for Real Sovereign Authority Rooted in the People’s Global Expectations about Survival, Peace and Security   ( Peace and Security ), ( Global Governance & Law )
Get Full Text in PDF Abstract The current international security framework is based on an incomplete, anachronistic conception of sovereignty shaped largely by historical circumstance rather than principles of universal justice. Evolution of the global community over the past half century necessitates a reformulation of the concept to justly represent the rights of individual citizens and the global community as a whole. The reconceptualization of sovereignty is an essential condition for the...
Editorial: Call for a Revolution in Economics
"The starting point is a human-centered theory of value that recognizes human welfare as the central objective and the creativity of human capital as the ultimate resource and source of all others." The discipline of Economics is at a cross-roads. Either it undertakes a comprehensive reevaluation of its fundamental postulates and a critical reassessment of their utility to solve real world problems or it risks sliding further into irrelevance. It is time for a renaissance of thinking in...
The Power of Money
Get Full Text in PDF Abstract Although we all use money every day, the nature and functioning of money seem shrouded in commonplace myths and ancient mysteries. Money plays a central role in economics today, yet rarely do we come across a serious, informed discussion of what money really is and what role it plays in the development of society. Money is a remarkable human invention, a mental symbol, a social organization and a means for the application and transfer of social power for...
Book review — Money and Sustainability: The Missing Link
Get Full Text in PDF A Report from the Club of Rome – EU Chapter to Finance Watch and the World Business Academy By Bernard Lietaer, Christian Arnsperger, Sally Goerner and Stefan Brunnhuber Triarchy Press 2012 This report by WAAS Fellow Bernard Lietaer and his associates addresses important theoretical and practical issues regarding modern monetary systems. The central thesis of the report is that effective monetary systems must optimize performance on two complementary goals — efficiency of...
Crises and Opportunities: A Manifesto for Change   ( New Economics ), ( Global Governance & Law )
Get Full Text in PDF Abstract Piecemeal fragmented strategies cannot address the pressing challenges facing humanity today. Economic theory has to be radically reinvented to squarely face the reality of rising unemployment, widening inequalities, growing ecological threats, frustrated social aspirations and unmet human needs. Monetary and fiscal policies are too crude and insufficient to steer the essential change of course required to address multidimensional demographic, ecological, economic...
Recognizing Unrecognized Genius
Get Full Text in PDF At the 2012 Global Roundtable conducted in Split, Croatia in July, co-sponsored by the World Academy of Art and Science, the organizers proposed introduction of a new TESLA award for unrecognized genius, an acronym for The Earth Supreme Level Award. This is an important and commendable initiative by philanthropist Hares Youssef which directly ties into the Academy’s exploration of mental creativity and the limits to rationality. While the emphasis of the TESLA Awards will...
New Paradigm for Global Rule of Law   ( Global Governance & Law )
Get Full Text in PDF Abstract Law is both a condition and a consequence of social development, an outcome of the broader social process, a form of social organization which channels social energies based on the relative strength of past practice and precedent, the present balance of power and emerging social values. Values are the bedrock of social process and the driving force for social activism. Historically, law evolves as a mechanism for conflict avoidance and resolution founded on the...
From Limits to Growth to Limitless Growth   ( New Economics )
Get Full Text in PDF Abstract The publication of the Club of Rome’s landmark report ‘The Limits to Growth’ in 1972 shook the intellectual foundations of social theory and challenged the very premises on which modern economy and prosperity are based. Once set in motion, it led to a revolutionary re-evaluation of human aspirations and economic activities. Among its many consequences, it has stimulated creative minds to look freshly at the underlying processes governing the wealth and welfare of...
Human Capital
Editorial Society is a teeming ocean of human energies and capacities, unorganized but latent with unlimited productive potential. The organization of social energies and capacities converts social potential into Social Capital. Each member of society is a microcosm of human potential – an unorganized reservoir of energies, aspirations, and capacities. The organization of the energies and capacities of each member of society converts human potential into Human Capital. The formed Individual is...
Evolution from Violence to Law to Social Justice   ( Global Governance & Law )
Social development is largely a subconscious process. It expresses ir­resistible human aspira­tions and social tenden­cies but works itself out through a long process of trial and error, advance and retreat, conflict and resolution. Law is a complex phenomenon. The principles and practice of law are a composite of multiple forces – the force of past precedent, established custom and accepted tradition; the force of present political, economic and social power; and the force...
Immediate Solution for the Greek Financial Crisis   ( New Economics )
“The tremendously wasteful underutiliza­tion of precious hu­man resources and productive capacity is Greece’s most serious problem and also its greatest opportunity.” The recent agreement to write off a substantial portion of Greek bonds only postpones but does not resolve the essential problem. The key to the Greek crisis lies in economy, not finance. Any financial solution that results in further contraction of the economy will only aggravate budget deficits and debt servicing...
Great Transformations   ( New Economics )
Great landmarks of history are few and far between. Normally they are recognized by scholars only long after the fact. Those in the thick of the fray may often be consciously inspired by the significance of their actions, but rarely does history come to share that perception. The rise of individualism in ancient Greece, its revival during the Italian Renaissance and the radical transformation of society following American, French and Industrial Revolutions retain a claim to lasting significance...
The Great Divorce: Finance and Economy   ( New Economics )
Social networking did not begin with the Internet. It is as old as human history. For what we now call social networking is really the evolution of human relationships which constitute the backbone of civilization. The emergence of the Internet is the third giant leap forward in a saga that began with the development of symbolic spoken language, the first great instrument that enabled human beings to evolve beyond their animal ancestry. Second came the invention of money as a symbol of value....
Economic Crisis and the Science of Economics   ( New Economics )
“Focusing on growth of the part without reference to its impact on the whole is a formula for social disease.”  The American subprime mortgage crisis, the international financial crisis that followed and the European financial crisis presently centered on Greece are all expressions of a deeper and wider crisis that has been preparing to surface for decades. This crisis encompasses not only government fiscal deficits, exchange rates and financial markets but spreads out in...
Inside This Issue
In moments of crisis, all thoughts are preoccupied with immediate remedies to meet urgent needs, rather than reflection on root causes and ultimate solutions. Yet history suggests that it is only when we are under supreme duress that we are willing to put all the cards on the table and consider the comprehensive and fundamental changes needed to effect permanent solutions. Thus, it required the dire circumstances of the Great Crash and the Great Depression to give birth...
The Evolution of Wealth & Human Security: The Paradox of Value and Uncertainty   ( New Economics )
Get Full Text in PDF Life evolves by consciousness, consciousness evolves by organization. Human life evolves by a progressive heightening of our awareness, expansion of our knowledge, widening of our attitudes, and elevation of our values. This evolving human consciousness progressively expresses itself through the formulation and creation of more complex and effective organization – a seamlessly integrated, organic web of relationships encompassing ideas, knowledge, people, activities,...
The Turn Towards Unity: Converting Crises into Opportunities   ( Global Governance & Law )
Get Full Text in PDF Abstract Human progress is stimulated by external threats and pressures. Values distilled from long experience possess the essential knowledge and power needed for continuous development and evolution. Successive waves of foreign invasions following the collapse of the Roman Empire coalesced the tribes of England into a nation state. Centuries of incessant warfare finally compelled the countries of Western Europe to evolve a regional union within which war has become...
Global Prospects for Full Employment   ( New Economics ), ( International )
Get Full Text in PDF Abstract* The recent international financial crisis highlights the crucial role of employment in human welfare and social stability. Access to remunerative employment opportunities is essential for economic security in a market-based economic system. As the rise of democracy compelled nations to extend the voting right to all citizens, employment must be recognized as a fundamental human right. In total defiance of conventional wisdom, since 1950 job growth has outpaced...
Inside this Issue
Cadmus Journal has been launched to promote leadership in thought that leads to action. The first issue focused on wealth and welfare and concluded that a paradigm change is necessary - a change as profound as the paradigm change in physical sciences at the beginning of the 20th century and much more profound than the Copernican paradigm change. The first issue of Cadmus identified major issues that need to be addressed by the new paradigm. In this issue Orio Giarini, Ian Johnson and Patrick...
Invitation from the Editorial Board   ( International )
Fellows of the World Academy of Art & Science, The Club of Rome, and the Pugwash Conferences Dear Friend, By now you should have received the first issue of Cadmus, and we - the Editorial Board - welcome your comments and suggestions. This journal is meant to be interactive, a vehicle for all of us to work together on issues that youdeem important. The development of human-centered economy explored and humbly outlined in the first issue of Cadmus is reinforced by independent endeavors of...
A Project on The Wealth of Nations Revisited   ( International )
“Leadership in thought that leads to action” is the phrase Harlan Cleveland, President of the Academy from 1991 to 2000, adopted to characterize the mission of the Academy. We — and the world — need it now, more than ever. We need innovative and truly fresh ideas, ideas that can open up new directions in the evolution of Earth and humanity. We need ideas that will enable us to better understand our own cultures within a global context, ideas that will inspire and motivate people and lead us to...
Indicators of Economic Progress: The Power of Measurement and Human Welfare   ( New Economics ), ( International )
Get Full Text in PDF Table of Contents Introduction Tools and Measures Measures of National Income Need for New Theory Measures and Indicators Characteristics of a Successful Indicator The Problem of Value What are we trying to measure? Alternative indices Components of Economic Welfare Human Economic Welfare Index (HEWI) Composite HEWI Conclusions Endnotes 1. Introduction Right measurement is a powerful instrument for social progress; wrong or imprecise  measurement a source of hazard...
Introductory Paper for a Programme on The Wealth of Nations Revisited   ( New Economics ), ( International )
Get Full Text in PDF Table of Contents Introduction Theoretical Discontent From Newtonian to Human-Centered Economics Future of Work Money, Finance & Wealth The Service Economy Scarcity, Surplus & Markets Equity, Freedom & Social Stability Integration of Politics — Economy — Society Essential Issues for the New Economics Endnotes 1. Introduction Civilization is an instrument fashioned by human beings to improve the welfare and well-being of our race through a wide range of...