By Graham
Posted on: 2011-11-09 Uncategorized

Rules, Principles and Contexts

Prof. Martin Albrow has just published a good review, with the title of “Who Rules the Rulers.”

His review is well worth reading! His conclusion is very apt: “leaders are better occupied in crafting big interventions and the most powerful among them should provide the initiatives that will restore confidence in the global economy. If Barack Obama and Hu Jintao were to lead a joint long-term programme to develop green energy it would do more than any new banking rules to create the belief that there will in the future be a reward for investment and hard work in the present.”

Rules are not going to do that, since rules are based on the past. Vision and courageous principles will. Especially in a world changing faster then ever before!