Category Archives: The Great Turning

The Great Turning

Give or Take a Trillion

By Jim Selman | Bio

I confess to be among those who have some difficulty getting my head around how much a trillion dollars is. I can remember a book I read to my daughter called How Much is a Billion that was filled with mind-boggling examples, including things like the number of seconds that have passed since Jesus was born. The Huffington Post has a fun video clip visualizing a trillion using the same kinds of illuminating examples, such as a trillion dollars is enough to buy a Starbucks Latte every day for the next 900 million years. The only problem with these kinds of illustrations is that I can’t get my head around 900 million years either, let alone roughly 3 billion lattes.

The punch line of this little clip is that as big as a trillion is (what some suggest is becoming the ‘new billion’), the current bailout is 10 times bigger. Can you imagine how big a zillion must be? It seems to me that when we enter the realm of staggering numbers that are beyond comprehension such as these, money stops meaning anything. This could be a good thing, since when we exceed the limits of what we can comprehend we often transform our relationship to

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The Great Turning

Trauma as an Opening

By Shae Hadden

A friend shared corporate poet David Whyte’s recent article "A Fire Inside: Thoughts on the Creativity of Winter" with me. David uses a brilliant metaphor to explore the trauma of loss prevalent in the global economic crisis. He speaks of a a fire burning inside a home on a winter’s day as being like an "internal, alchemical, almost catalytic core of identity-making and decision-making….the

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The Great Turning

The 100-Day Nonsense: Too Much Opinion, Not Enough News

By Jim Selman | Bio

I admit I am not a fan of television in general and the broadcast news media in particular. However, I found myself spending some time in bed this week after some minor surgery and cruising the tube for something to watch. I was amazed at how many channels are now dedicated to around-the-clock news. I landed on CNN and was ‘blitzed’ with a super fancy build-up to "The Presidential Scorecard: The First 100 Days". This is obviously choreographed by the same people who can make war sound like a college football game and almost anything ordinary sound significant–unfortunately so much so that it is hard to distinguish what really is significant.

With today’s technology, we can all ‘vote’ on whatever the media is commenting on and have our opinions added to the tally. This is, of course, just the latest in the media’s attempt to engage viewers in a never-ending commentary about whatever is going on. I think this phenomenon is further evidence of our becoming a spectator society.

Surfing channels, I found that all the programs now have panels of folks who give their opinion about whatever item

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The Great Turning

Youthful Idealism and Boomer Resignation: Two Sides of the Same Coin

By Jim Selman | Bio

There was a wonderful article in USA Today by our new First Lady extolling the importance of ‘youthful idealism’ in these uncertain times. I couldn’t agree with her more and am happy to see her taking on this kind of generational motivation as part of her platform on behalf of the new Administration. Her call brings to mind JFK’s challenge to our generation: “Ask

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The Great Turning

Sobering Up

By Jim Selman | Bio

As we move into the sixth month of the ‘global meltdown’, it seems like it has been going on a lot longer. I can hardly remember what it was like when we were ‘high’ on the prospects of prosperity forever. Like most ‘-olics’, we thought we controlled something we didn’t control that then began controlling us. In our pursuit of the American Dream, we somewhere began to get a little too much of a good thing and became ‘hooked’ on the idea that perpetual growth

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The Great Turning

Markets and Mindfulness

By Jim Selman | Bio

Sandra, my financial advisor and friend, and I were talking about the ‘meltdown’ the other day. I was asking how my retirement investments were doing and she shared that I probably don’t want to know. She is a believer that markets go up and down and, over the long-haul, reasonably conservative investing will pay off. Historically this may be true, but somehow knowing that doesn’t help when you are afraid of ‘losing’ your life’s savings or having to live off your friends and children when you are old. Sandra’s advice was to relax and don’t read the newspapers. I think she is right.

When I think about it, I
have been a long-term investor for the past twenty years or so. For
most of that time, I didn’t think about my investments or ‘follow’ the
market. My relationship with the financial world was about like my
relationship with the weather—I was vaguely aware when it was raining,
but mostly it didn’t affect my life one way or the other. So what
happened? Now I read the financial section in the newspaper first

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The Great Turning

Who Designs the Future?

By Lauren Selman | Bio

This may seem like a far-reaching question, but really, who is designing our future? Is it is the politicians in marble buildings, or the aspiring college students whose optimism drives them to want to change the world, or is it our unborn?

If you are like most people, you may think that designers are the people that decorate the runways of Milan, New York and Los Angeles with glamour, innovation and beauty. Yes, these are designers. But this past weekend, my focus was shifted to designers that I would have never associated with holding the element of change. These new designers look to the planet as their runway and inspire and create new systems and solutions to our present problems. These graphic artists,

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The Great Turning

Smart Growth

By Jim Selman | Bio

One of the more consistent maxims in life is that money doesn’t buy happiness and that happiness is the bottom line of living—otherwise, what is the point (unless you believe in one of those ascetic cults or religions that promote suffering as good for the soul)? This is actually good news, given a whole lot of people are not going to have much money for a while and maybe not a lot of opportunity to get it. We all hope that this financial crisis is going to be short-lived, but don’t hold your breath.

According to an article on Harvard Business Publishing, capitalism is consuming itself and Capitalism 1.0 is being reinvented to become Capitalism 2.0. The old notion that growth is simply a function of producing and selling more stuff is being replaced by the idea that we need “smart growth”, not more of the same old growth. Said differently, if all we

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The Great Turning

Transforming the Trends

By Jim Selman | Bio

I was sent this extraordinary video produced by the AARP communicating in a simple and straightforward way that if we don’t change the direction we’re going, we’re apt to end up there. It is one of a number of dire predictions about our common future. Yesterday, Al Gore declared climate change irreversible and challenged all of us to transcend short-term concerns and agendas and unite with the world in dealing with this looming calamity. There is so much bad news about

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The Great Turning

Compassion for the Leader

By Jim Selman | Bio

It is interesting reading the Buenos Aires Herald this week. It is a 130-year-old newspaper written in English filled with Argentinian issues and perspectives on topics often having to do with what’s going on in the USA. There have been two or three articles a day about the new Administration.

One thing that seems to be showing up (and that I suspect is true in the North American press as well) is that the pundits are now falling into the ‘spectator mode’ and starting

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