Tiananmen Square and Technology
June 3rd, 2009
It was 20 years ago this week that the demonstrations in Tiananmen Square turned violent. After days of open demonstrations, the Chinese government had had enough and sent in the army. This led to one of the most iconic visual images of protest in recent decades: a single man standing right in front of four tanks, daring them to run him over.
The image is one that anyone over the age of 35 can remember as it flashed around the world and represented the individual facing down superior force in a literal stand for freedom. It was this image that gave the communist Chinese government its first taste of international outrage as it was slowly moving toward a more open, capitalistic society. It was a government and a country unused to global scrutiny. While the crack down on protestors continued, it was done quietly and out of camera range of foreigners and journalists. A single image had flashed around the world and had left an indelible mark on human consciousness.
One of the dynamics that led this single man to stand in front of the tanks was the impact of technology. When the government moved to end the demonstrations, it blocked all know communications channels, isolating the demonstrators. International TV and radio was jammed so the demonstrators had no idea whether there was support for them around the world. One thing the government missed was the new communications technology called the fax machine. Evidently in offices near Tiananmen Square and in universities …
Tentative Steps on Alternative Energy
May 27th, 2009
Last week the House Energy and Commerce Committee approved the most ambitious energy and global warming legislation ever debated in Congress. That is very good news and a good first step. Of course, since Congress has never been anything close to providing leadership in the areas of alternative energy and climate change, the comparison to past non-action doesn’t mean much.
The other action last week that was a good first step was the announcement by President Obama that a deal had been made with auto manufacturers to impose new mileage and emissions standards for all cars and truck sold in the United States starting in 2012. While this is very good, it is incremental improvement towards a necessary elevation of mileage standards if we are to gain independence from foreign oil, really lessen oil use and resultant greenhouse gas emissions.
A growing number of energy, environmental and climate scientists have been providing evidence that even if humanity stopped all greenhouse gas emissions today, there would still be an increase in CO2 particles per million in the atmosphere during the next several years. So complete stoppage would only start to slow this upward trend. That is why incremental decreases in fossil fuel consumption will not end or alleviate the global climate change dynamics it will only slightly temper them. All said, the new mileage and emissions standards are certainly a step in the right direction. A step that should have been taken a decade ago, so this is just playing catch …
China Faces a Rough Road Ahead
December 23rd, 2008
China is nothing less than a historical phenomenon. In just 30 years the country has moved from being a closed, communist country with a rural economy to one of the most economically powerful countries of the world. It is the first country in history to move from the Agricultural Age to the Industrial Age to the Information Age and now to the Shift Age in 30 years. The U.S took 200 years to do this. This must always be kept in mind when looking at China.
It would be impossible to move this rapidly without significant problems, disruptions and upheavals. These must be expected to occur when such change occurs with such lightening speed, historically speaking. I have written several times about China and the problems they have. Back in August of this year, when the Beijing Olympics was a topic of conversation, I forecast that, with the Olympics over, major problems would emerge in China for the next year or two. [This prediction and others I have made can be seen at the bottom of this page.]
There are three forces that are and will cause disruption in China for the next 18-24 months. The first is the parental love of a child and the boundless rage a parent feels when that child’s life is taken due to incompetence and corruption. The Chinese government mandates that parents can only have one child. Certain levels of government in China allowed schools to be built with below …
The Financial Golden Age of Sports 1996 – 2008
December 9th, 2008
We are coming to an end of the greatest financial age of sports in history. The twelve years between 1996 and 2008 were years when the money around sports exploded beyond any precedent era. This also means that, going forward, the economics around sports in general will decline, at least for the next 5-8 years if not longer.
The bookends for these 12 years of explosive financial growth are the Atlanta Olympics in 1996 and the Beijing Olympics of 2008. The Atlanta Olympics were the first post-cold war Olympics and, being held in the U.S. created a huge marketing platform. The Beijing Olympics was the coming out party for the most populous country in the world and gave recognition to China as a major player on the world’s geopolitical and financial stages.
In 1996 cable television had become a dominant media force in the U.S. ESPN, and all of its networks, was beginning to take its’ place as the behemoth of sports television. Regional sports networks, TBS and TNT soon joined the party and it seemed that sports were everywhere on TV. The broadcast networks and all of these cable entities competed for the rights of all major sports. The fees paid to the NFL, MLB, the NBA, and the college football conferences exploded. This led to dramatically increased player salaries, advertising rates and, for the consumer, rapidly increasing cable bills. Of course it also led to much lower ratings as nothing was special any more. Even though Monday Night Football on …
Two Damaged Brands Revisited
October 6th, 2008
More than a year ago, I wrote a column about two damaged brands. One damaged brand was the “Made in China” brand and the other was the well respected financial brand of Wall Street. At that time China was dealing with the fact that pet food produced in China was killing pets all over the world and that toys produced in China had extremely unsafe levels of lead. Also at that time Wall Street was beginning to deal with the meltdown of the mortgage backed securities market.
This column immediately came to mind last week. In the same week that the $700 billion bail out was being discussed in Washington, China was basically shutting down its’ dairy business due to criminal negligence and bribery. More than 50,000 Chinese infants have been stricken with life threatening kidney ailments due to the addition of melamine to most baby formula and milk products. There are two things that are similar to both these crises. First, the dairy industry in China and the mortgage backed securities market in the U.S. were woefully under regulated. Second, those in power made firm assurances that changes would be made and that consumers and investors did not have to worry, that the worst was over. Lack of oversight combined with outright fraud in both cases now results in two brands that will need years to resurrect themselves. They both made me think of the man standing in the alley opening up his overcoat to reveal stolen …











