The real reason for the “resignation” of Bob Massie and the New Economy movement crisis

(Access here the Portuguese version)

“The lack of transparency in the announcement of the “resignation” is quite sad. So far, the real reasons are not known, although it is quite easy to deduce them. It’s as not disclosing one’s own weakness and difficulties will make them nonexistent.”

Bob Massie, 2º from the left during the debate among democrats.

Part 1.

Before continuing the analysis of the radical reduction of the working shift, a proposal which, incidentally, is becoming, even in varying degrees, increasingly widespread and accepted, as evidenced by recent interviews given by well known people from the establishment, among others,  one with  Larry Page, chairman of Google, and another with Carlos Slim, who owns one of the largest conglomerates in the world, I will devote the next few posts the some recent facts and issues of special interest to the New Economy.

The first is about the “resignation” of Bob Massie, chair of the New Economic Coalition (NEC), and announced last July 25th. I will start with a few preliminary thoughts:

1. The subject interests us in Brazil because, despite all the difficulties, it is in the U.S., England, France and Spain, mainly, that the ideas of a New Economy and similar proposals have some support, unlike here where only environment protection actions have shown some strength.

2. The resignation is not the cause of the crisis but rather the contrary. Were it not for the lack of direction of the New Economy movement and Massie would never had been appointed chairman of the New Economics Institute (NEI) to then destroy it in the course of an adventure to assemble a coalition in a top down attempt.

3. The lack of transparency in the announcement of the “resignation” is quite sad. So far, the real reasons are not known, although it is quite easy to deduce them. It’s as not disclosing one’s own weakness and difficulties will make them nonexistent.

4. The crisis mentioned encompasses, as I see it, with different intensities and approaches and in one way or another, all of those who face the challenge of redirecting the productive activity, prioritizing the reduction of inequality, environmental preservation and welfare.

The letter of resignation is a “masterpiece” of escapism. Entitled “Leadership transition at NEC”, says that his mission was fulfilled successfully and will now devote himself to studies, theoretical production and lectures. The announcement made by the board of NEC did not do it for less.

The resignation occurred soon after the conference “CommonBounds” promoted by NEC last June and the 1st plenary meeting of the “coalition” members at the end of the conference and highlights two years of a totally wrong strategy.

Recalling parts of this sad story, in 2010 the British organization nef – New Economics Foundation created, in partnership with the EF Schumacher Society, the New Economics Institute – NEI intended to be the counterpart of nef in the USA.

NEI which began using the infrastructure of the Schumacher Society gradually became stronger to the point that in 2011 settled itself in its own office in New York. Then the Schumacher Society itself merged with NEI that from there on had two operational arms.

In 2011 NEI begins to give life to its biggest dream that was to hold a national conference of the New Economy. The conference takes place in June 2012, with over 500 attendees and great success.

In parallel, decides to hire a new president for the organization. The misfortune was that the selected is the one that now “resigned”. He fell in a parachute in April 2012 and took the laurels of the conference with which it had little to do. From there begins to outline a strategy that, incredible as it may seem, was inspired by the student movement against the Vietnam War, which occurred 45 years before.

(Continues next Wednesday)

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