Posted in Economic Natural Resources (Friday, December 5, 2008)
Written by Rich Mintzer. By Entrepreneur Press.
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No comments about 101 Ways to Turn Your Business Green: The Business Guide to Eco-Friendly Profits.
Posted in Economic Natural Resources (Friday, December 5, 2008)
Written by Elinor Ostrom. By Cambridge University Press.
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4 comments about Governing the Commons: The Evolution of Institutions for Collective Action (Political Economy of Institutions and Decisions).
- Ostroms' book covers a variety of cases where allocational difficulties arise. She employs sound economic reasoning in analyzing a number of cases where ordinary property rights enforcment is difficult. This book illustrates how vital institutional arrangements are in managing natural resources. Self-described environmentalists should read this book to see how many of the problems that concern them can actually get solved. The history in this book is made interesting through the application of economic concepts. This is not light reading, but it surely is interesting- for serious readers.
- "Governing the Commons" has become a classic, not only within the literature of political science, but more broadly throughout the social sciences. In the book, Elinor Ostrom argues brilliantly and compelling for a third way of avoiding Garrett Hardin's "tragedy of the commons," in addition to privatization (conversion of the commons to private property) or government regulation (conversion of the commons to public property). Though numerous examples, Ostrom demonstrates how users of common property resources have managed, in various places around the world, to sustainably manage those resources through local, self-regulation. In other words, common property regimes can avoid the "tragedy of the commons."
Ostrom recognizes that common property management regimes do not always work. Indeed, the seem to fail as often as they succeed. To explain why this is the case, and to help predict the likelihood of success or failure, Ostrom develops an elaborate and very useful model of common property success/failure. In the 15 years since she published "Governing the Commons," that model has not been significantly improved by other scholars. Her book remains as current and important today, as it was when she first published it in 1990. It is required reading for all social scientists, indeed anyone, interested in resource conservation and property systems.
- Ostrom attempts to refute the belief that only through state and or market-centered controls can commonly pooled resources (CPRs) be effectively governed. Ostrom writes, "Communities of individuals have relied on institutions resembling neither the state nor the market to govern some resource systems with reasonable degrees of success over long periods of time" (p. 1). Governing the Commons sets out to discover why some groups are able to effectively govern and manage CPRs and other groups fail. She tries to identify both the internal and external factors "that can impede or enhance the capabilities of individuals to use and govern CPRs."
The first section of the book examines both state-controlled and privatization property rights regimes, and illustrates failures in both regimes; namely, that central authorities often fail to have complete accuracy of information, have only limited monitoring capabilities, and possess a weak sanctioning reliability. As such, a centralized governing body may actually govern the commons inaccurately and make a bad situation worse. In the case of privatized property rights regimes, Ostrom illustrates two main points: 1) it assumes that property is homogenous and any division of property will be equitable; and 2) privatization will not work with non-stationary property (fisheries, for example).
After discussing the state-controlled and privatization property rights regimes, Ostrom attempts examine the causes of successful CPR governance, and the catalysts which lead to failure. Being part of the "new institutionalist" school, Ostrom seeks to examine the rules, structures, and frameworks within the various CPR governance structures. Ostrom has discovered a number of "design principles" within the successful CPR governance cases. These principles include: 1) a clear definition of boundaries, 2) monitors who either are appropriators of the resource or accountable to the appropriators, 3) graduated sanctions, 4) mechanisms controlled by the appropriators used to mediate conflict and when necessary, change the rules, 5) a congruence between the rules used and the local conditions.
In other words, Ostrom suggests that these "design principles," form a cooperative institutional structure. If the correct institutions are in place, the players will see cooperation as the best means to gain optimal outcomes. These mechanisms create a confidence between players that defections will be minimal, and those that do defect will be sanctioned accordingly. Additionally, the institutional structures create an environment in which resources are distributed in such a way that all (or at least most) players benefit. As such, many of these institutional structures must be accompanied by a good deal of trust between players. This can only be developed over time and is most likely to succeed when the number of players in the CPR is reasonably small.
- Elinor Ostrom's Governing the Commons is a wonderful introduction to the world of "common pool resources," a.k.a. CPRs. Technicalities aside, a CPR is a resource that grows over time but can be harvested by more than one person. The classic example of a CPR is the English grazing commons, popularized in Hardin's "The Tragedy of the Commons." Forests, fisheries, and smog-free air are also good examples.
In her book, Ostrom takes an ethnographic approach to studying the management and mismanagement of CPRs. The key question for managing such commons is sustainability. Without some kind of enforceable agreement among those who would harvest a CPR, the resource will rapidly be depleted and possibly destroyed. Ostrom argues that good collective management can arise naturally from communities of people with a mutual interest in the sustainability of commons. In a series of detailed case studies, she lays out conditions ("design principles") that seem to allow -- or prevent -- the good governance of the CPR in question.
Once you've seen these design principles, they seem to pop up everywhere. "Congruence between appropriation and provision rules and local conditions" sounds a lot like the idea of local adaptation in the diffusion of innovations literature. "Monitoring" sounds like the role middle managers play in corporations. "Minimal rights to organize" sounds like the First Amendment.
Overall, Ostrom's book is an open-ended classic. It provides a great description of common pool resources through the lens of ethnographic case studies, plus a framework for looking at CPR problems in general. Ostrom never advances of specific theory of governance. Instead, she lays out many interesting and suggestive examples and principles. The field of CPR research has expended in many directions since Ostrom started it -- it's worth going back to the source to see where it all began.
Hints on how to read this book:
* To really motivate your reading, alternate chapters with Jared Diamond's Collapse. (But skim Collapse; it can be tedious.) Reading about how mismanagement of common pool resources led to the failure of entire civilizations will put an edge on your curiosity about how we can do better.
* As you read Governing the Commons, play the "Is a [blank] a CPR?" game. Switch on a radio to any news program. As soon as the topic becomes clear, mute the radio and ask yourself if the situation can be described as a commons. (The sub-prime bailout? Presidential elections? Somali piracy?) Odds are the answer is yes. It doesn't have to be a natural resource to be a common pool resource -- this analytical frame is extremely handy.
* If you're a scientist, don't read Ostrom looking for a clear, falsifiable theory. She never gives one. Instead, she describes a broad framework for considering the interaction between environment and government. It's a great seedbed of ideas -- but those ideas will need to be cultivated before they can be tested.
* Ask yourself about scaling cooperative management. Unfortunately, Ostrom never tackles this problem. She never gives much thought to whether what works in small communities can be scaled to the level of nations or the world. She can't -- ethnography simply can't cover that much ground. Consequently, "scaling" remains (even after 20 years) one of the great unanswered questions of collective governance.
PS -- If you figure the scaling problem out, please do us all a favor and fix global carbon emissions.
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Posted in Economic Natural Resources (Friday, December 5, 2008)
Written by Leonard Goodstein and Timothy Nolan and J. William Pfeiffer. By McGraw-Hill.
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5 comments about Applied Strategic Planning: How to Develop a Plan That Really Works.
- This is a very good book. In addition to this, I recommend "Strategic Organizational Change" by Michael Beitler.
- In Applied Strategic Planning, the authors give a comprehensive step-by-step guide to conducting applied strategic planning. They clearly demonstrate organisations' need for strategic planning. The book is different from other strategic planning models in some significant ways. The major differences are in the values scan, organisational culture, strategic business modelling and integrating business and functional plans. The authors emphasise the importance of application considerations and environmental monitoring as on-going processes throughout the planning period. The authors produced a high quality book that is an important reference source whenever I need to undertake strategic planning.
The book provides the reader with an overall understanding of the process of applied strategic planning and the required steps and technology for using the model in a strategic planning process. The strategic planning model covers application and implementation from the inception of the plan to the post-implementation phase, making it very practical.
The model involves nine sequential steps as well as two continuous functions, namely environmental monitoring and application considerations, that are involved at each of the sequential phases. The sequential steps are planning to plan, followed by values scan, then mission formulation followed by strategic business modelling. Performance audit and gap analysis follow, these two being different aspects of a single phase. The last three phases are integrating action plans, contingency planning and implementation.
I read the book because I would like to increase my proficiency in and knowledge of practical strategic planning and to sharpen my consultancy skills. The book is very practical and easy to follow. As a consultant, I should be able to use the methodology in the course to manage the planning process.
Applied strategic planning provides an appealing model for transforming organisations. The model is future focused and leadership driven. It involves all people in an organisation. It produces a plan that is detailed, comprehensive, understood and accepted, and has the potential to generate energising force to drive the transformation of an organisation.
After going through the book, I feel confident that I could act as a consultant for any organisation.
- So, it wasn't exactly an "optional" purchase. It's a little dry, like a text book usually is. But information is overall good.
- While browsing through the strategy books, I saw it by chance. I went through the table of contents, hoping it might turn out to be the right one for me as a startup strategy manager. It indeed turned out to be an excellent book on strategic planning in respects of coverage, sequencing of chapters and examples given. I strongly recommend it to anyone who wants to make progress in strategic planning in a relatively short time.
- This is really a nice book for someone who has been through the strategic planning process a number of times and wants an outline or guideline to facilitate the process themselves. It's not a stand alone aid to someone or an executive staff who have never been through such a process. They should definitely consider outside help.
The book is clear cut, easy to read and understand, and not written for the academic but for the hands-on, roll-up your sleeves folks who have to make the process work.
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Posted in Economic Natural Resources (Friday, December 5, 2008)
Written by Alan AtKisson. By Earthscan Publications Ltd..
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1 comments about The ISIS Agreement: How Sustainability Can Improve Organizational Performance and Transform the World.
- Even though we all know the world should be doing things differently, making systemic changes is complicated and uncharted work. AtKisson has developed a set of methodologies for assessing systems (whether businesses, villages, countries, or an army base!)and creating more efficient and profitable ones to suit the your specific organizational needs. With these game-like activities, all aspects of making things work can be evaluated and redesigned for a sustainable world, AND (this is the thrilling bonus) for greater profits and satisfaction on all fronts!
Especially innovative is his framework for getting all the stakeholders on the same page at the same time, addressing the needs in four overlapping arenas: Nature, Economy, Society and the Well-being of individuals. It makes collaboration possible among former adversaries by providing a structure for discussion and negotiation. The results have been impressive!
The Amoeba aspect of the tool kit illuminates the impacts of diverse personalities on the task of collaboration. He uses it to clarify the interpersonal dynamics of getting the job done, which is a breakthrough in its own right.
Though the methods are solidly academic, his personal narratives flesh out the systems, making them even more tempting and accessible to analyst and lay reader alike. Full disclosure: I worked briefly for AtKisson, Inc., in 1999. It was an excellent experience.
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Posted in Economic Natural Resources (Friday, December 5, 2008)
Written by David Vogel. By Brookings Institution Press.
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5 comments about The Market for Virtue: The Potential And Limits of Corporate Social Responsibility.
- Excellent and neutral analysis with accuracy and clarity. Helps thinking about future of CSR professionnals.
- Vogel's THE MARKET FOR VIRTUE is the seminal work in CSR. His lively text offers the right mix of theory, analysis, and example. His conclusions are profound and will make a difference for the better. Required reading for corporate executives, business and management students, and those of us who simply wish to be informed participants in 21st century society.
- Vogel has provided us with a much needed skeptics eye view of Corporate Social Resposibility. This book is a very accesible and practical guide for the manager who is beset with open ended questions and needs realistic answers to a difficult subject. The "needs to have" are separated from the "nices to have", the realistic from the theoretical.
At less than 200 pages, this is the one book the operating manager needs to read on the subject.
- Written by Professor of Business Ethics (Haas School of Business) David Vogel, The Market for Virtue: The Potential and Limits of Corporate Social Responsibility is a scholarly examination of a politically charged and highly polarized debate concerning what corporate social responsibility can, cannot, and must accomplish in a modern capitalist economy. Chapters explore answers to and differing perspectives on the questions "Is there a business case for virtue?" and "What is the demand for virtue?" as well as examining corporate responsibility with regard to both the environment and human rights. Extensively researched, The Market for Virtue is an invaluable resource offering a serious-minded, in-depth discussion of a complex issue. Enthusiastically recommended especially for college library shelves, and invaluable reading for activists, businessmen, and legal personnel grappling with all dimensions of the interests and responsibilities of corporations.
- Perhaps what I liked the most about this book was that it was less focused on the ethical questions, and more focused on what "Market for Virtue" exists in a Capitalistic system. That is, the ethical questions and answers are much more obvious on the subject of corporate social responsibility than the practical questions and answers within the context of Capitalism.
For this reason, I found this book to be one you could take in multiple ways. For example, you can look at it as a critique of how Capitalism can change for the better. You can also look at it as a critique of modern society (which is viewed as merely stating they'd pay a premium for social responsibility, when most individuals don't do so in practice).
While I found this book to go at the issue from a perspective that would be suitable for Sociological discourse, I think it's just as important (if not moreso) for businesspeople to understand the views in this book and to ask themselves some serious questions about what Business SHOULD be.
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Posted in Economic Natural Resources (Friday, December 5, 2008)
Written by Maude Barlow and Tony Clarke. By New Press.
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5 comments about Blue Gold: The Fight to Stop the Corporate Theft of the World's Water.
- There are not many surprises in BLUE GOLD. The primary message of Maud Barlow and Tony Clarke's book echoes the Blue Planet Project, a global campaign to assert the universal right to water, of which Barlow is one of the international leaders. It is the 'battle against the corporate world' - here in particular the 'theft of the world's water'. Of course, it is not so much a 'theft' of water - the world's water supply has been more or less stable since the beginning of time - rather the increasing control by a small group of multinationals over the water's allocation to the peoples of this planet.
Consequently, the strength of the book is in its coverage of the multi-national corporations, the 'Global Water Lords', and the exposure of their expanding power over water delivery and processing systems around the globe. Initiatives to privatize water delivery at a national level probably started with Napoleon III in France in the middle of the 19th century. At that time, governments were usually in charge of water management. Since then privatization has spread from France to the rest of the world. Today, Barlow and Clarke maintain, some 10 corporate players dominate the global water industry. Two French companies hold the lion's share. Most of these major players are multi-utility providers, which increase their hold on the water resources of countries and regions. Once a government opens a door to privatization of any of the water related services, such as water delivery or waste management, it abandons its right to take back control at any stage even if water user groups complain about bad or no service or the company does not live up to the contract. The rules and regulations of the WTO see to that, the authors claim. Although the percentage of national water systems controlled by multi-national corporations at the present time is small, Barlow and Clarke want to warn of the trend and its implication. Examples are described where things have gone wrong: poor quality of project implementation resulted in water pollution and environmental damage, and/or communities and local business lost the water supply altogether. In these instances corporate water suppliers maintained their profit margin through cutting back in previously promised investments and/or increasing consumer rates. The latter was implemented without any regard to the capacity of the poor to pay. As a result, they could be cut off from the service. Barlow and Clarke's analysis of the progression of the global water crisis and its origins is less satisfactory. A reader unfamiliar with complex topic of water might find the tour d'horizon overwhelming. The review of the diversity of root causes at local, national and regional levels is superficial and tends to present generalizations where concrete examples would have been more meaningful. The tendency to paint a black and white picture with big business as the main villain sidelines other major reasons for water crises around the world. Agriculture is only mentioned in passing, although some 70% of all water resources are used by agriculture: agribusiness and millions of small-scale and mid-size farmers across industrialized and developing countries. Implementing water conservation methods (through improved irrigation, drought tolerant crops, etc) could lead to substantial water resource savings. Recent initiatives against global corporate water control highlighted in the section 'Fightback' are selective, emphasizing well-known international as well as North American cases. The approach is usually confrontational with clearly identified opposing sides. Examples of constructive multi-stakeholder collaboration efforts in many parts of the world which attempt to tackle water scarcity are not given enough recognition. The 'Way Forward' spells out fundamental principles and recommends a series of standards that should be included in any agreement of public-private partnerships in the water delivery sphere. These include the involvement of water users in the planning of the systems, local stewardship and watershed protection, strengthen water preservation and reclaiming of polluted water systems. Underlying all these standards is the recognition of water as an essential part of life and the right of all beings to water whatever their social or economic status. A call for capacity building and education of consumers, communities, government officials and private sector actors at all levels should be added. BLUE GOLD is an easy read, maybe for some too easy considering the seriousness of the topic. It covers very important ground, often in an overview fashion that tends to generalize and take a black and white stand. Although it is obvious that the authors did comprehensive research in preparation of the book, it shows a certain lack of thoroughness by not providing citation references (footnotes), adequate source listings and a bibliography or reading list.
- Blue Gold's a book to let you know more about where your water in America is going. Can we stop this theft of our most valuable resource. A study reports huge corporations seeking control of the world's water supply. These involve giant European corporations in collaboration with the World Bank. Together increasingly taking control of public water supplies with tragic results. a report 'The Water Barons' says that by 2002 private water companies were operating in 56 countries and 2 territories. This rose from a dozen in 1990. Companies that are expanding control are Suez Lyonnaise des Eaux and Vivendi Environment of France, Thomas Water by RWEAG of Germany, Suar of France and United Utilities of England working with Bechtel Co. of the United States. All of these have worked closely with the World Bank. They lobby aggressively for legislation and trade laws to require cities to privatize their water. A recent update is that these companies continue in their acquisition to control water companies in the Northeastern U.S. region.
In major cities around the world, they persuade governments to sign long-term contracts with major private water companies. The concern, is that a handful of private companies could soon control a tremendous bulk of the world's most vital resource. Are water barons providing a good product? One certain city in the U.S. cancelled it's water contract because of complaints of poor service and unsanitary water conditions. In other countries and poorer countries were unable to pay huge water bills were forced to drink from disease-ridden lakes and streams resulting the spread of deadly epidemic outbreaks such as chlorea. In regions of the U.S. where ground water isn't enough to support domestic and fire protection water needs. It's necessary to develop alternative sources of water. The water crisis is worldwide. Many countries are facing a severe shortage. Some will run out of water by the year 2011. Can we find alternative ways to conserve our greatest resource. And, in the meantime can we stop the railroading of public water to greedy giant corporate barons. This book is a eye-opener. Another good reading on this subject is, 'Cadillac Desert.'
- This was a great book that highlights the current threats to our global water supply. This book was particularly thorough in the analysis of the privatization of water resources. It explains the international institutions that prop up global water companies. I was very impressed with the extensive research that the authors must have put into this book - they used many examples of water issues from around the world. This book is a great introductory book for someone interested in becoming more knowledgable in water issues. It is also a great book for the general public to help them to understand more about a resource they probably take for granted. Don't buy bottled water! It is environmentally wasteful of resources and economically unjustifiable. It contributes funds to private companies and helps to support global water corporations!
- This was, without question, one of the most depressing and boring books that I have ever read. I made the mistake of choosing this book for an analytical book report, and found it to be the most depressing choice I could have made. I wouldn't even reccommend this book to my worst enemy.
- This excellent book makes the case for public ownership and control over our water services.
In the past ten years, three giant global corporations, France's Suez and Vivendi Environnement, and Thames, have seized control over the water supplied to almost 300 million people in every continent. Vivendi increased its water revenue from $5 billion in 1990 to over $12 billion by 2002, RWE from $25 million in 1990 to $2.5 billion in 2002.
These companies claim to be `passionate, caring and reliable', yet they push for higher rate increases, frequently fail to meet their commitments and abandon a waterworks if they are not making enough money. As Suez's Chief Executive Officer said, "Water is an efficient product. It is a product which normally would be free, and our job is to sell it." In France, charges for privatised water services are 13% higher than for public services.
For two months in 1998, after privatisation, more than three million residents of Sydney were forced to boil their drinking water to kill parasites. Fifteen months after the city of Adelaide signed a contract turning over its waterworks to Thames Water and Vivendi, the city was engulfed in a powerful sewage smell, `the big pong'.
New Jersey, Buenos Aires, Bogota, Manila and Jakarta have all experienced problems after privatisation. In 1996 Hamilton in Canada experienced its worst-ever sewage spill, when 48 million gallons of untreated human waste, heavy metals and chemicals flooded into Lake Ontario. Atlanta, Georgia, gave control over its water to Suez five years ago, and quality and service dropped. The city returned control to the public utility.
In Cochabamba, Bolivia, after Aguas del Tunari, a Bechtel subsidiary, took control of the city's waterworks in 1999, it raised water bills 100%. The contract allowed the company to close down people's private wells unless they paid Aguas del Tunari for the water. Union leader Oscar Olivera said, "They wanted to privatise the rain." The city's people organised a referendum. Most voted to end the contract and forced Bechtel out of the country. Similarly, in 2000 the people of Grenoble succeeded in returning their water and sewage system to public control.
In Iraq, the US state put Bechtel in charge of rebuilding the water and sewage systems. But, as the U.S. Agency for International Development reported, "Baghdad's three sewage treatment plants, which together comprise three-quarters of the nation's sewage treatment capacity, are inoperable, allowing the waste from 3.8 million people to flow untreated directly into the Tigris River." A UN survey in May 2004 found that 80% of families living in rural areas had no safe water. Only 64 of 249 planned water projects have been completed.
In 1999, South Africa initiated five water privatisation programs, aiming to make people pay the full cost of having running water in their homes. As Nelson Mandela had said, "Privatisation is the fundamental policy of our government. Call me a Thatcherite, if you will." Consequently, ten million South Africans had their water cut off for various periods, forcing people to get water from polluted rivers and lakes, leading to South Africa's worst outbreak of cholera. More than 140,000 people were infected and 265 died.
The Congress of South African Trade Unions (COSATU) says that 98% of whites, but only 27% of blacks, had access to clean water in their homes in March 2001. A smaller proportion of the population has access to water than in 1994. In rural areas, only 2% of blacks had indoor plumbing. Two million people have been evicted for not paying utility bills. Many poor families pay 30% of their income for water. Despite South Africa's rating by the United Nations Development Index as a middle-to-upper-income country, one child in 22 dies before reaching the age of one, often from diarrhoea caused by poor water. The 13% white minority is 18th on the Human Development Index, equal to New Zealand. The black majority is 118th, in line with Bolivia. Of all the countries in the world, only Guatemala has a wider gap between rich and poor.
In 2004, the Organisation for Economic Development and Co-operation concluded its study of privatisations in sub-Saharan Africa, "profit-maximizing behaviour has led privatised companies to keep investments below the necessary levels, with the result that rural communities and the urban poor were further marginalised."
The European Commission has been driving privatisation of all our utilities, and its new EU-wide water regulations should mean fat new contracts for the water giants. Since 1998, Vivendi and Suez, backed by the European Bank for Reconstruction and Development, have secured water concessions in at least 23 major cities and districts in Eastern Europe.
The big three are also moving into the USA, buying its largest private water utility companies. They have increased their lobbying and federal election campaign spending. In Washington, they have already secured beneficial tax law changes and are now trying to persuade Congress to pass laws that would force cash-strapped municipal governments to privatise their waterworks in exchange for federal grants and loans.
Water, like air, is a necessity of human life. It must not be treated as what Fortune magazine calls, "One of the world's great business opportunities. It promises to be to the 21st century what oil was to the 20th: a precious commodity that determines the wealth of nations." By 2002, the six most globally active water companies ran drinking water distribution networks in at least 56 countries, up from 12 in 1990. Yet private companies still run only about 5% of the world's waterworks.
In 1989, Blair wrote, "The major utilities - gas, water, electricity and the oil, postal and telecommunications networks - are uniquely important to the national economy. Their operations underpin the rest of industry. We believe that the great utilities must be treated as public services and should be owned by the public - by the community as a whole."
Public utilities offer better, cheaper and fairer water services than private firms. Countries need to keep water in public hands, under democratic control.
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Posted in Economic Natural Resources (Friday, December 5, 2008)
Written by Hwei P. Hsu. By McGraw-Hill.
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4 comments about Analog and Digital Communications (Schaum's Outlines).
- Hsu gives you a wide spread of topics. The book certainly has an impressive coverage. It talks about most types of digital modulation techniques, like Pulse Code Modulation. Plus, there is an explanation of random processes and simple probability. Necessary because of the inherent stochastic nature of much of communications. Which then leads directly into information theory, and the key Shannon concepts of how to find a quantitative measure of information in a channel with a given signal power and noise power.
Understand, though, that the very breadth of the discussion means that Hsu often only has time for a brief venture into each topic. But, then again, the book's title does say "Outline". This is really a review book, rather than a text from which to learn material for the first time.
- I have used Schaum's outlines for 40 years and this is no different. Excellent explanations and problem solving.
- This is an excellent supplement for upper level undergraduate electrical engineering students enrolled in a communications class, particularly if either "Modern Digital and Analog Communication Systems" by Lathi or "Communication Systems Engineering" by Proakis is being used as the main textbook. This outline follows along with the topics in those books particularly well. The first two chapters go into the basics of signals and systems and discuss linearity, time invariance, impulse response, and the Fourier and Hilbert transforms. The next two chapters discuss the principles of amplitude and frequency modulation. The next four chapters cover the idea of random processes from the standpoint of communication theory. First the concepts of probability and random variables are introduced. Then random processes themselves are outlined. Finally these concepts are applied in chapters on noise in communication and hypothesis testing. I think this section of the outline does a particularly good job of presenting material and worked problems on possibly one of the hardest topics to understand in electrical engineering undergraduate studies. The final two chapters of the outline cover the basics of information theory and error control coding.
The depth of material presented is not sufficient for self-study, but is very good supplemental material. The problems are excellent with many worked out examples, and there are more than enough illustrations and figures to help explain the subject. I highly recommend this outline.
- A concise and useful analysis approach on the subject. It is intended for a junior or higher level college audience. I used this for more technical details while taking an engineering technology course on communications.
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Posted in Economic Natural Resources (Friday, December 5, 2008)
Written by Vandana Shiva. By South End Press.
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5 comments about Earth Democracy: Justice, Sustainability, and Peace.
- "Earth Democracy" by Vandana Shiva offers both a masterful critique of globalization and a hopeful vision for a better world. Ms. Shiva compares and contrasts top-down systems of authoritarianism and exclusion with bottom-up systems of egalitarianism and mutual cooperation to discuss how corporate power is proving to be a grave threat to democracy and the long-term viability of the planet. Ms. Shiva contends that a mutually-supportive network of empowered local communities might be able to create a global society that is based on humanitarian principles of peace, compassion and solidarity.
Ms. Shiva has long been highly regarded as an activist and scholar. She has authored many books and is a frequent media commentator. "Earth Democracy" serves to further Ms. Shiva's stature as a leading intellectual who continues to eloquently voice the concerns of the poor. Her unique ability to blend science, history, politics, economics, gender issues and other fields of study into her text is impressive. The result is a book that rewards its readers with many pages of thought-provoking insight and analysis.
Ms. Shiva points out that two thirds of humanity owes its livelihood to a sustenance economy that finds itself under increasing pressure from capital. She finds similarities in the earlier eras of enclosure and colonialism with today's struggle over intellectual property rights and patents, where the powerful use the law to privatize resources for profit. Arguing that overconsumption by the wealthy is the root cause of environmental destruction and human injustice, Ms. Shiva makes a compelling case for granting local communities more control over resources so that alternative, sustainable economies can be nurtured.
Ms. Shiva brilliantly connects the insecurity wrought by globalization with the "ideologies of exclusion" and "cultural nationalism" that fuels war and terrorism. As state power largely serves to protect corporate interests, the economically uprooted and excluded masses seek identity through nationalist conflict and sometimes prove vulnerable to manipulation by religious extremists. On the other hand, Ms. Shiva cites the Indian farmer's struggles over seed and water rights as examples of how people might come together in a positive way to reclaim a more peaceful and secure future.
Ms. Shiva reminds us that Mahatma Gandhi proved how small acts of resistance can hasten the end of empire. She believes that a multiplicity of movements such as Terra Madre that are struggling for food security, the environment, democracy and human rights will help us break free from the self-destructive path that has been prescribed for us by the corporate elite.
I highly recommend this important and inspiring book to everyone.
- In "Earth Democracy", Indian ecofeminist Vandana Shiva powerfully defends the rights of Third World farmers against agribusiness monopolies, biotechnology and international financial institutions like the WTO, World Bank and IMF. In a brilliant deconstruction of capitalist patriarchy, Shiva explains how market fundamentalism breeds religious fundamentalism and explores the many ways that corporate globalization negatively impacts the lives of low-income women around the world. Importantly, Shiva explains how the colonization of DNA by multinational corporations is an extension of the colonization of Asia, Africa and the Americas by an imperialist male white elite. Outlining how the preservation of seed, water and sustainable food systems are a prerequisite for peace and real security, "Earth Democracy" is a timely and informative read for global justice activists interested in alleviating world hunger, healing the environment and creating peace.
- Shiva is a kind of Mama Kali, defending her village farmers and their environments with cool resolve or fact-spitting outrage. Coming off a series of victories over corporate bio-pirates, she shares the state of struggle for the local nature-workers of India to manage their future. Here are a few of her lines:
"What has been called the tragedy of the commons is, in fact, the tragedy of privatization." (p. 55)
"The enclosure of biodiversity and knowledge is the latest step in a series of enclosures that began with the rise of colonialism. Land and forests were the first resources to be enclosed and converted from commons to commodities. Later, water resources were enclosed through dams, groundwater mining, and privatization schemes. Now it is the turn of biodiversity and knowledge to be "enclosed" through intellectual property rights (IPRs)." (p. 39)
[In the Navdanya movement] "More than 200,000 farmers are working to enrich the earth, create properity for rural producers, and provide quality food to consumers. ... [Their work] reintroduces biodiverse farming to both replace chemicals as fertilizers and pesticides and to increase the productivity and nutritional value of crops. ... Navdanya farmers are able to reduce their expenses by the 90 percent that was used to buy chemicals and create corporate profits. ... The incomes of Navdanya farmers are three times higher than the incomes of chemical farmers..." (pp. 67-68)
"Ecological security is our most basic security; ecological identities are our most fundamental identity. We ARE the food we eat, the water we drink, the air we breathe. And reclaiming democratic control over our food and water and our ecological survival is the necessary project for our freedom." (p. 5)
--Brian Griffith, author of "The Gardens of Their Dreams: Desertification and Culture in World History"
- This book is full of flawed logic, false data, endnotes (not footnotes) that reference her own work and the work of like-minded contemporaries, but rarely an opponent (unless to use their quote out of context) or even an expert on topics like history (apparently, Jeremy Rifkin is more of an expert than Robert Darnton).
She advocates a return to medieval, European feudalism. Apparently, life was wonderful for the peasants (For a rebuke, read Darnton). Also, medieval Europe was a time of peace, equality. Also, war and religious intolerance didn't exist before capitalism emerged in the 16th century. Why on earth wouldn't we go back?
Incredibly, she talks about issues of biodiversity and ecology and refers to herself as a scientist. She is a scientist, but not, as you might be led to believe by this book, a biologist. She is a theoretical physicist, whose doctoral thesis was on quantum physics
Also,
There are plenty of anti-capitalist, anti-corporate, anti-globalization arguments to be made and it distresses me that so much of the left gives the rest of us a bad name by relying so much on academically dishonest books like this. This is the left wing equivalent to Ann Coulter (in terms of dishonesty, not personal attacks).
- Vandana Shiva believes that peasants should be able to make a living based on access to land, rivers, forests and oceans and that governments must protect the health of these commons for the good of all. This makes her a radical. She also makes complete sense and answers many of my questions about the inequity of the poor.
Much of this book is a discussion of the commons and the enclosure laws in England in the 16th century that allowed the commons to be privatized. Critics of Vandana Shiva claim that she is asking for a return to feudalism, but they are not hearing her out. (And besides feudalism guaranteed that the peasants would eat, while privatization guarantees that those without money will starve while taking away access to the land that originally provided them with a livelihood.) Much of the battle of the enclosure laws is waged with words. By claiming that an area of land is a wasteland and is not being used by anyone, this somehow gives private companies the right to buy the land or contract to use it for development purposes.
She ferrets out the flaws in the arguments of the opposition ie Richard Epstein in his book "Takings--Private Property and the Power of Eminent Domain". Their position is that government cannot protect natural resources like beaches, streams and other property because it would be a "taking" and therefore the owners must be compensated. This argument, she says, ignores the original taking of these public lands during colonialism, but it also confuses public trust with eminent domain which is virtually the opposite. And finally the public is redefined as a collection of individuals thus the loss of property is calculated based on its higher value to one individual vs each member of the public. Here she has not only explained how things have changed, but what kinds of arguments have influenced far reaching policies and how we have been manipulated into buying into the ideology of privatization over public interests. This is an important concept because it is a cultural battle of words that over time has eliminated the very notion of a public trust. If it were not still going on, this book would just be a historical treatise, but with water rights and clean air and the earth's atmosphere at stake, her arguments serve as the ground floor of resistance.
She also debunks the argument that having a commons doesn't work because everyone will abuse it. Not so, she says, as long as everyone can subsist off the land and be self-reliant, the community will work together to insure that no one party takes advantage. Assumptions are being made by free market advocates that have messed with our minds, but her examples show a different picture.
She points out the correlation between lack of economic security and the monoculture of globalization leading to an increase in fundamentalism both here and abroad. When people no longer have a livelihood to identify with, they are attracted to religion and will vote for issues relating to cultural identity rather than economic welfare. This explains why Gay Marriage has the ridiculous political status as a hot button issue when there is so much else at stake.
She claims that when enclosure laws allow people a living only by selling their labor (and their bodies I would add) then that encourages a population increase as families feel they need to have more children to bring in more income or to insure that at least one survives to care for them in old age since more die.
Her discussion includes the enclosure of intellectual and biological property with Monsanto trying to patent seed species. While governments pass laws that forbid farmers from participating in trade as they have always done, ie: saving their own seeds to sell to other farmers. She explains how governments help out large companies by passing laws inappropriate to small producers, for whom complying to these laws, would put them out of business, ie food packaging laws under the guise of safety. Thus her alliance with Slow Food Nation (she is Vice President) to support local foods and small producers.
She talks about how the sustenance economy is not valued on the market because it does not involve paid labor ie;, women's work, home economics, child rearing. Yet such work is how the recognized market can exist. She warns that the market is bent on the exploitation of resources that support the sustenance economy such as clean water, air and land and comments that the only sustainable economy is the sustenance economy because of its built-in feed back loops and community. The market however tends to solve problems by providing solutions of increasing complexity involving more exploitation of resources and more privatization as seen with privatization of water.
Getting inside Vandana Shiva's worldview stretches my head, but I really think she gets to the root of global issues and successfully relates how economic justice is the road to democracy and in turn to peace. She is apparently a huge threat to advocates of individualistic wealth building systems, thus the caustic negative reviews of her work as extremely leftist. The rich don't like being told that their success comes at great cost to the poor rather than out of their own smarts. But If we could embrace what she is saying, solving our most destructive planetary problems may look a lot simpler.
Amanda Kovattana is author of Diamonds In My Pocket: Tales of a Childhood in Asia
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Posted in Economic Natural Resources (Friday, December 5, 2008)
Written by Patricia W. Atallah. By Kaplan Business.
The regular list price is $24.95.
Sells new for $16.50.
There are some available for $20.00.
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3 comments about Building a Successful Construction Company.
- If you are considering starting a construction business or trying to grow an existing contracting firm, this book offers hard won experience in a well written format. It is like having a conversation with a personal construction industry business coach.
The book lays out the numerous details you must be mindful and does not sugar coat the potential pitfalls you will probably come across. The appendices alone are a valuable compilation of resources that include a Strategic Business Plan Workbook, useful industry government website addresses, and sample forms and templates.
I previously worked with some of the top construction industry leaders in the New York City region developing courses for small contractors. I am confident that the instructors I retained from both the public and private sectors would be impressed with this comprehensive document. The book deserves to be incorporated into any construction and business management course curriculum directed to small contractors.
Robert Seidel
- Building a Successful Construction Company contains very valuable advice; advice that people pay consultants dearly for when they need it. The writing style is very direct and user friendly. The depth of knowledge and the sophisticated writing style make this book fun to read. Despite its size, the book reads like a crash course in economics, marketing, finance, accounting, and entrepreneurship. The author displays a brilliant command of these disciplines and more, in addition to her thorough knowledge of the construction industry. The book is very detailed for its size and includes a wealth of informational resources that should prove very useful for the busy CEO. What makes this book extremely useful is that it applies to any geographical area and to all types of construction.
This book should find its place on the SBA's list of reference books and be placed on the book shelf of every chamber of commerce and trade association in every major city. It should be required reading for anyone studying to obtain a contractor's license as well as for those who are already managing their construction businesses.
Joe Halim,
Senior Professor,
Devry University
- Mr. Berman's review tells me that he did not read my book. Most would agree with me that he is doing a great diservice to contractors who could
benefit from reading it.
Tricia Atallah
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Posted in Economic Natural Resources (Friday, December 5, 2008)
Written by Alexandra Reed Lajoux and Charles M. Elson. By McGraw-Hill.
The regular list price is $59.95.
Sells new for $29.75.
There are some available for $24.30.
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4 comments about The Art of M&A Due Diligence.
- Alexandra Reed LaJoux has done it again. Her most recent book on "The Art of M&A Due Diligence" is a valuable tool for the seasoned practitioner as well as the neophyte. She and her co-author Charles Elson effectively combine the big picture with relevant detail so that the reader has a clear understanding of not only the critical concepts but of the process of "due diligence." I found the chapter dedicated to "transactional due diligence" particularly useful. I would recommend this book to anyone serious about transactional work, either as a lawyer, investment banker, or businessperson.
- Alexandra Reed LaJoux has done it again. Her most recent book on "The Art of M&A Due Diligence" is a valuable tool for the seasoned practitioner as well as the neophyte. She and her co-author Charles Elson effectively combine the big picture with relevant detail so that the reader has a clear understanding of not only the critical concepts but of the process of "due diligence." I found the chapter dedicated to "transactional due diligence" particularly useful. I would recommend this book to anyone serious about transactional work, either as a lawyer, investment banker, or businessperson.
- When purchasing a company you need to know what to look for and where to look for it and what it is you are looking at when you get the information you asked for.
If you are selling your company you need to know what someone SHOULD be looking for, where they will look for it, and the kinds of conclusions they should be drawing from what they are seeing. This book is an incredibly valuable resource in this process. It is organized very logically and is a series of questions and answers so you can hop around to the information you need for the moment. However, it is also written in such a lively manner that it is easy to read from beginning to end. I happen to be fascinated by this topic and think this is an incredibly helpful handbook. I think that the way you conduct due dilligence says a lot about your chances of success with an acquisition. And I also think that if someone is trying to buy you, you can tell a lot about them by what they want to know and the conclusions they draw from what they see. In either case it behooves you to invest time and a couple of books in a book like this. Well, in this book.
- This is a must for the articulate and must be read carefully, consistently or the extensiveness and expertise will cause one to re-read excerpts. Forwarning: create word document to capture the depth of the content to enable review of materials. The book is precise and very well organized. Only one area of weakness in material is more detail regarding corporate minutes. Unless you have been a corporate secretary and done this kind of work you won't grasp the critical issues in doing acquisitions and questions to seller. I do M&A-well worth the money.
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