"The light that comes from wisdom never goes out"
United States President-elect Donald Trump and his “Make America Great Again” agenda have one Achilles’ heel: the rise of the Global South. This weakness that will test the limits of …
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The election of Donald Trump as the next United States president marks a new American governance model marked by impunity and machismo. Democracy is increasingly taking a back seat. Hubris …
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The United States has moved hard right with the victory of Donald Trump and the Republican Party in the country’s Nov. 5 election. The win has also ushered in an …
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The most successful societies in terms of social and economic measures are those with a clear vision. Such a vision derives from multiple origins: geography, culture, war, industry, science and …
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This commentary, which is the second in a series, seeks to discover why the most productive societies utilise data, especially statistical data, to drive prosperity. The Virgin Islands is a …
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This the first of a series of commentaries exploring why the most productive societies utilise data, especially statistical data, to drive prosperity. When was the Virgin Islands public last aware …
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Greater productivity, increased production and good governance are the panacea needed to lower the cost of living and increase living standards. For all the efforts of governments to manage living …
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There are seven pillars upon which capital and growth rests and thrives. As explained in previous commentaries, the Virgin Islands’ capital includes the land, human resources, technology, learning and finance …
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Prospect Reef is the perfect model for studying the subject of capital and its value in driving the Virgin Islands’ prosperity. The management of capital is the key driver of …
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Pursuing a national vision for a prosperous Virgin Islands means adopting an understanding of the territory’s capital mix — land, human resources, technology and other wealth-generating assets — as the …
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It is important to assess how much of the territory’s capital mix — wealth-generating assets, with their associated supply and value chains — is in the hands of the public …
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The wealth of the Virgin Islands primarily depends on the productivity of its workforce. Productivity is simply the measure of human effort that increases a country or territory’s economic output …
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Social behaviour is culture, and culture decides the destiny of a society. Therefore, the destiny of the Virgin Islands primarily depends on its culture more than any other consideration. Culture, …
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A $500 million yacht moors off a remote Caribbean island. A helicopter takes off from its deck. A massive private jet sits silently on the tarmac of a private airport …
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As the Virgin Islands goes through the trauma of a Commission of Inquiry and its aftermath, the territory should remember that the exercise aims at strengthening governance. And getting governance …
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“The rich get richer and the poor get poorer.” This cliché is useful in revealing the tendency of capital to drive social and wealth inequality. The reason the wealthy appear …
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The hegemony of capital is nothing new. From the earliest days — in fact, the start of written history — the ruler of the tribe was the person who controlled …
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The story of capital and social inequality makes it clear: In a world ruled by capital, young Virgin Islanders and other residents must understand economics and finance. Understanding capital offers …
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Here’s a question relevant to the layperson in economics: What mix of scarce resources best fits in with the outcome and vision of an investor, a policy maker, or even …
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Inherited capital is the greatest source of social inequality. Capital ownership keeps specific families on top of the social and wealth pyramid for multiple generations. Capital and power are synonyms. …
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Capital ownership has driven increasing social and wealth inequality practically everywhere. Social inequality is a global phenomenon driven by the power of capital and the owners of capital. Capital — …
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Capital is resources that drive social and economic growth: finance, machinery, land, technology, labour, skills and management. Those who control capital and how capital is managed rule society. If Virgin …
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A community coming together to aid one stricken by personal financial crisis is admirable. However, that assistance must come with safeguards for those who contribute their cash. There are caveats …
Continue reading “COMMENTARY — ‘A hard lesson for a generous community’”
The fragmentation of the two-party system has left the Virgin Islands Party the undisputed powerhouse of VI politics. The opposing three parties are a work in progress. However, of the …
Continue reading “COMMENTARY — Lessons learned from general election”
Fratricide — brother killing brother — appears endemic in black communities in the United States. That sad narrative has also visited the shores of the Virgin Islands. Our paradise is …