7 PILLAR LIBRARY: A FOUNDATION FOR ALL

The 7 Pillar Library is a collection of aggregated content to inform the general public on the current state of the 7 Pillars of Society.  The 7 Pillar Library is a tool meant solely for education and informed discussion, and is not intended to claim any position. Through discussion and relationships, we can each become more aware of one other and how we support or degrade these pillars.

Within each of the 7 Pillars of Society are signs of decay, or worse yet proof that the pillar has already crumbled and is propped up by artificial means. The reality is that we are all responsible for creating cracks in the 7 Pillars. However, we can also be responsible for mending them. Open Source Capitalism has strategies to reinforce each of these pillars and create a new foundation for the human family. The library also includes a section on Internet. The Internet stands separate from the pillars, yet has a unique influence on each of them.

Explore each pillar below to discover some of these signs of decay, and strategies for renewal.

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GOVERNMENT

Next Generation Democracy

Drawing on the lessons of open source technology, social change leader Jared Duval offers an inspiring call to action.

The End of Pax Americana: How Western Decline Became Inevitable

Until the late 1960s, the United States was the world’s dominant manufacturing power. Today, it has become essentially a rentier economy.

From Endless Growth to a New Form of Democracy

HEALTHCARE

Healthcare is Top Problem

Healthcare is one of the top social and economic problems facing Americans today. The rising cost of medical care and health insurance is impacting the livelihood of many Americans in one way or another.

Ratings: All U.S. Hospitals Are Terrible

Attempts to assess the quality and safety of hospitals have proliferated, including a growing number of consumer-directed hospital rating systems. However, relatively little is known about what these rating systems reveal.

Why Costs Are High

SPIRITUALITY

The Betterness Manifesto

Every revolution begins from the bottom up. Fed up with the status quo? Tired of the 20th century? Then don’t just talk about it. Reject it and refuse it. Build a better 21st century instead.

Overthrow Yourself

Life feels actively, furiously lived when we love, trust, wonder, care, believe, dream, think, feel, do, count, matter.

One By One We Are Waking Up

As our awareness is expanding we are able to see that our own best course is one where we help each other, rather than selfishly pursuing our own interests at the expense of others.

ENVIRONMENT

The Triple Crunch – Facing Our Climate, Food, and Energy Challenges

The idea of a ‘triple crisis’ or ‘perfect storm’ of environmental, energy and economic problems which could pose a serious risk to the stability of our civilization as we know it is nothing new.

Peak soil: industrial civilisation is on the verge of eating itself

New research on land, oil, bees and climate change points to imminent global food crisis without urgent action.

The open source revolution is coming and it will conquer the 1% – ex CIA spy

The man who trained more than 66 countries in open source methods calls for re-invention of intelligence to re-engineer Earth.

Global riot epidemic due to demise of cheap fossil fuels

From South America to South Asia, a new age of unrest is in full swing as industrial civilisation transitions to post-carbon reality

Pentagon bracing for public dissent over climate and energy shocks

NSA Prism is motivated in part by fears that environmentally-linked disasters could spur anti-government activism

A Thirsty, Violent World

The various physical calamities that confront the world are hard to separate, but growing hunger and the struggle to find clean water for billions of people are clearly connected.

Why conventional agriculture should be banned

Chemical fertilizers, insecticides, herbicides, antibiotics, hormones, factory farms, and genetically modified organisms, or GMOs. It just keeps coming. Almost no one calls it the green revolution anymore.

EDUCATION

#EndofCollege

Rather than go to college once or twice, people will go to college forever. Colleges have grown greedy and short-sighted in their quest for prestige.

Do Schools Kill Creativity?

People and organizations everywhere can see that current systems of education are failing to meet the challenges we now all face and they’re working furiously to create alternatives.

Changing Education Paradigms

Schools Kill Creativity

MEDIA AND ARTS

What Could Facebook Do for News?

The core of the problem and the opportunity is similar for both: Google and Facebook know more about publishers’ readers than they do. Both services also know more about publishers’ content than they do.

The Myth of the Free Press: Why You Should Ignore the Fake “Free Speech” Naysayers

When pundits and editors and politicians over the next few days and weeks insist that Leveson’s recommendations should be ignored because they endanger the sacred principle of freedom of the press, ask yourself one simple question. Whose payroll are they on?

Is it still possible to survive as an artist in America?

Let’s forget about starving artist for a moment and get right to a more accurate, and ominous, conjugation: The artist in America is being starved, systemically and without shame.

Are you an activist? Your tweets could kill you. I’m not joking

First order of business is the continuation of my investigation, that began in The Guardian, into the Pentagon’s co-optation of social science and academia to create new tools to track activists and political dissent.

Googlezon EPIC 2014

ECONOMY

If I Want To Invest $5,000 As A New Angel Investor, What Chances Do I Have Of Making A Profit In 5 Years?

Several studies and mathematical simulations have shown that it takes investing the same amount of money consistently into at least 20-25 companies before your returns begin to approach the typical return of over 20% for professional, active angel investing.

A Capitalist’s Dilemma

Capitalists seem almost uninterested in capitalism, even as entrepreneurs eager to start companies find that they can’t get financing. Businesses and investors sound like the Ancient Mariner, who complained of “Water, water everywhere — nor any drop to drink.”

Why Facebook Is Killing Silicon Valley

The Facebook IPO has reinforced the new calculus for investors. In the past, if you were a great VC, you could make $100 million on an investment in 5-7 years. Today, social media startups can return hundreds of millions or even billions in less than 3 years. Software is truly eating the world.

Asleep at the Wheel of Creative Destruction

The hallmark of a failing venture economy is a significant amount of perpetually uninvested cash, with investment shifting to later and later stages: a clear sign of that venture investors are struggling to, well, make much of an economic difference, much less be disruptive.

We Have Met The Enemy… And He Is Us (Kauffman Foundation)

Over the past decade, public stock markets have outperformed the average venture capital fund and for 15 years, VC funds have failed to return to investors the significant amounts of cash invested, despite high-profile successes, including Google, Groupon and LinkedIn.

Open Source and Capitalism

Principled and thoughtful Open Source advocates should want to fully embrace capitalism for exactly the same reasons they love the idea of Open Source.

Creating Shared Value

The solution lies in the principle of shared value, which involves creating economic value in a way that also creates value for society by addressing its needs and challenges. Businesses must reconnect company success with social progress.

U.S. business startups rate at record low

The startup rate peaked at 13.02 percent in 1987. Startups are critical contributors to job creation, and the declining trend could help explain the economy’s sluggish recovery from the 2007-09 recession.

The Meaning Organization

The age of wisdom won’t happen courtesy of Ben Bernanke, Lloyd Blankfein, or Paul Krugman. Rather, it begins with you.

Company Startup Rates In The US Have Fallen To A Record Low

The rate of new company creation in the United States dropped to a record low in 2010, according to a survey by the US Census Bureau’s Center for Economic Studies and the Ewing Marion Kauffman Foundation.

Transformational Entrepreneurship: Where Technology Meets Societal Impact

Exactly how the global economy collapsed is complicated, but the cause is no mystery: exploitative financial institutions on Wall Street.

Our Best Entrepreneurs Should Be Solving Real Problems, Not Sitting Around Creating Apps

It’s not that the entrepreneurs aren’t smart or capable or impressive, its that the market doesn’t demand they try that hard. Why build a plant when someone will give you $300 million to collect email addresses for a daily deals site?

Is America The Next Greece?

Uncle Sam is already more overweight than Greece ever was. If he doesn’t change his ways, he will end up in the hospital like Greece, but at present he is partying like there is no tomorrow.

Five Problems Venture Capitalists Should Have Solved (But Didn’t)

We’ve never needed new sources of advantage more than we do today. The industries and markets of the 21st century cannot be powered by yesterday’s sources of advantage.

DOWNLOAD: We Have Met the Enemy… and He Is Us

Lessons from Twenty Years of the Kauffman Foundation’s Investments in Venture Capital Funds and The Triumph of Hope over Experience

DOWNLOAD: Should Investors Bet on the Jockey or the Horse?

We study how firm characteristics evolve from early business plan to initial public offering (IPO) to public company for 50 venture capital (VC)-financed companies. Firm business lines remain remarkably stable while management turnover is substantial. Management turnover is positively related to alienable asset formation. We obtain similar results using all 2004 IPOs, suggesting that our main results are not specific to VC-backed firms or the time period. The results suggest that, at the margin, investors in start-ups should place more weight on the business (“the horse”) than on the management team (“the jockey”). The results also inform theories of the firm.

DOWNLOAD: Returns to Angel Investors in Groups

Entrepreneurs and investors regularly wonder what the returns are in angel investing. The completion of this research project provides robust data on this subject that has never before been available. (Kauffman Foundation)

DOWNLOAD: Returns to Angel Investors in Groups

Entrepreneurs and investors regularly wonder what the returns are in angel investing. The completion of this research project provides robust data on this subject that has never before been available. (Kauffman Foundation)

DOWNLOAD: Its Financialization

Wall Street’s 2007–09 implosion and the ensuing global recession highlight the crucial relationship between finance and the economy. Governments, international agencies and experts had failed to detect rising risk levels in the deregulated financial sector. The author outlines the resulting huge cost in lost jobs and likely reductions in public goods and growth, as economies restabilize budgets after paying for massive bailouts and stimulus packages. Specifically, he assesses the role of monetary incentives for rent-seeking in the decisions that led to the crisis. Finally, he makes the case for radical reform of the institutions linking finance and the real economy.

DOWNLOAD: The Importance of Start-ups in Job Creation and Job Destruction

A relatively new dataset from the U.S. government called Business Dynamics Statistics (BDS) confirms that startups aren’t everything when it comes to job growth. They’re the only thing.

We Are All Muppets Now

Just as President Richard Nixon signalled his embrace of endless fiscal stimulus and bottomless deficits by declaring “We are all Keynesians now,” it is now apparent that we are all muppets now, willing participants in a fraudulent, manipulated market in the hopes that we will skim the same outsized gains reaped by the manipulators.

Facebook Fed The ‘Ignorant’ Masses An IPO Lite

How did a company best known for wasting people’s time (when it’s not violating their privacy) become the IPO stinker of our times? Because people forget that it’s been proven time and again that the only proven winners in IPOs are the issuers, insiders and underwriters, with favored clients like hedge funds and institutional investors the only ones able to benefit consistently from IPOs that perform well out of the starting gate.

With No Revenue, an Illusion of Value

The gears of Silicon Valley continue to mesh and turn because of money, not necessarily technological innovations. And there are certain things about that money machine that denizens of the Valley would rather keep quiet.

Leaving Wall Street

During my time on Wall Street, I changed from a curious college student full of hope for my future, into a cynical, bitter, depressed, and exhausted “knowledge worker” who felt that everyone was out to screw me over.

We Are the 99.5%: The Real Inequality Jump Is in the Top Half-Percentile

Thanks in part to Occupy Wall Street, when people talk about inequality these days, they’re typically referring to the extent to which the top 1 percent have pulled away from the bottom 99 percent. I have previously expressed skepticism not about whether this has happened but about the magnitude of the increase in high-end inequality. Over time, my skepticism has eroded, though I still believe that interpreting the figures that are commonly cited is complicated. I’ll use this post to start taking you behind the numbers you see all over the place about the top 1 percent.

Crony Capitalism and the Expansive Central State

Crony capitalism arises when an expansive Central State dominates the economy.The Central State can then protect crony-capitalist perquisites, cartels, quasi-monopolies and financialization skimming operations of the sort which now dominate the U.S. economy’s primary profit centers.

The Quiet Coup

The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government

Separate Accounts, Side Letters Open Rifts Among LPs

Through separate accounts and side letters, big investors are threatening disharmony with their shallow-pocketed brethren.

Why I Am Leaving Goldman Sachs

Today, if you make enough money for the firm (and are not currently an ax murderer) you will be promoted into a position of influence.

Public Exit From Goldman Raises Doubt Over a New Ethic

“You make a much bigger buck on a transaction than on the long-term relationship. You have profiteers as opposed to advisers.”

Who Makes Money on Wall Street?

Guess whats happened the past few years since 2007 when all of America lost money in the stock market. As a group, congressmen are up 30% per year.

Goldman Sachs And The Facebook Pump And Dump

Even without the assistance from the SEC and other financial regulators, Wall Street could not achieve much of its fraud without the help of others.

The First Dominoes: Greece, Reality, and Cascading Default

Are you asking me if I want to replace the current broken system with something that serves actual people? Not only, ‘yes,’ but ‘heck, yes.’

We Are Not Powerless: Resisting Financial Feudalism

Financialization is the insidious imperative of the financial aristocracy that seeks to turn every interaction into a financial transaction

The Future Of Groupon’s Business Model

Has Groupon created an inherently profitable industry? Or is it one of the most effective means ever invented of taking investors’ money and setting fire to it?

Is the SEC Covering Up Wall Street Crimes?

A whistle blower says the agency has illegally destroyed thousands of documents, letting financial crooks off the hook.

Creating Shared Value

Crises of Capitalism

Internet

FCC Undermines the Free Market

The Federal Communications Commission’s vote last week to regulate the Internet shows a dangerous and reckless disregard for the free market principles that are the engine of the U.S. economy.

Five Loopholes That Could Undermine Net Neutrality

Wheeler has been portraying this new regulatory approach as a way to ensure that broadband networks are “fast, fair, and open.” His stated goals include preventing Internet carriers from blocking or throttling legal content.

The Most Advanced Hacking Operation Ever Uncovered

A long list of almost superhuman technical feats illustrate Equation Group’s extraordinary skill, painstaking work, and unlimited resources.

How Google Skewed Search Results

A previously undisclosed report by staffers at the Federal Trade Commission reveals new details about how Google Inc. manipulated search results to favor its own services over rivals’, even when they weren’t most relevant for users.

The Internet is Rigged

Does this make it impossible for an indy player to succeed? Of course not. But it makes it a hell of a lot harder.

The Next Internet is TV

What will the Internet become? A sprawling, decentralized enabler of communication, commerce and life? Or an app-based medium dominated by a few large conglomerates?

 

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