This Too Shall Pass: Lessons from a Horse Named Bob

This Too Shall Pass: Reflections of a Horse Named Bob on space, time, publish or perish, and the curious destiny of those who believe themselves indispensable.

My name is Bob. I am a horse. Not a particularly philosophical horse, although I have had plenty of time to think since human beings stopped needing me. My ancestors carried kings into battle, transported scholars to universities, pulled carts full of books, and helped build the civilizations that eventually made us redundant. We were once symbols of power, wealth, speed, and military superiority. A man on horseback was a man of consequence. An army without horses was an army at a disadvantage. Then came the automobile, the tank, and the airplane. Within a remarkably short period, we went from being indispensable to being recreational. Nobody consulted us about this transition. There were no conferences on equine displacement, no government committees on the future of horses, and certainly no grants to help us reinvent ourselves. We simply passed from the center of civilization to its margins. I have often wondered whether this was progress or merely a change in who got to sit in the driver’s seat.

Lately, I have been contemplating a familiar human expression: This too shall pass. It is a rather beautiful sentence, containing an entire philosophy in four words. This points to what is here, the world of space, form, identity, and circumstance. Pass points to time, the movement through which every form changes, disappears, or becomes something else. The word too quietly reminds us that nothing is exempt. Not the emperor, not the empire, not the university, not even the professor with 300 publications. Ancient wisdom understood this rather well. The Bhagavad Gita distinguished the changing field of existence from the deeper Self that Krishna describes as unborn and undying. The Buddha emphasized impermanence. Patanjali invited human beings to quiet the movements of the mind, while the Upanishadic traditions explored the possibility of a reality beyond ordinary space and time. Different traditions offered different explanations, but they shared an important suspicion: the things we take most seriously may not be quite as permanent as we imagine.

Human beings, however, have developed a rather different philosophy, particularly in their universities. It is called Publish or Perish. I first encountered this expression while grazing near a university campus. I was struck by its remarkable resemblance to This Too Shall Pass. Both concern existence and disappearance, but the resemblance conceals a profound difference. The ancient expression is an observation about reality. The academic expression is an instruction, perhaps even a threat. Publish, and you may continue to exist. Fail to publish, and you shall perish. It is a curious way to organize a community supposedly devoted to wisdom. One might have expected its guiding principle to be Know Thyself, Seek Truth, or perhaps Understand the Universe. Instead, the institutional imperative is to produce more evidence that one deserves to remain employed.

Horse in glasses and formal clothes reading among books in a library
A horse dressed as a scholar studies books and notes in a warmly lit library.

Now, I have nothing against publishing. Human beings have accumulated an astonishing body of knowledge through writing, experimentation, argument, and discovery. Publishing allows ideas to travel beyond the people who first conceived them. It creates intellectual capital, professional recognition, institutional prestige, and sometimes considerable economic value. In this sense, publishing is an act of expression, a movement outward into the world of forms. It enlarges one’s presence in space and, through citations and archives, attempts to extend that presence through time. A successful academic may accumulate hundreds of papers, thousands of citations, prestigious titles, and a remarkably long curriculum vitae. From my perspective, this is not entirely unlike a horse collecting increasingly elaborate saddles. Some are beautiful, some useful, and some so ornate that one wonders whether anyone remembers the horse underneath.

But it is the other half of the expression that interests me most. Perish. What a severe word to place at the heart of an intellectual profession. It evokes disappearance, destruction, and death. It also introduces a peculiar form of institutional violence, not necessarily physical, but psychological and existential. The academic is invited to live under the shadow of possible professional extinction. And the threat is organized through time: annual reviews, tenure clocks, submission deadlines, promotion cycles, citation windows, and performance targets. A deadline is, after all, a boundary imposed upon time. Cross it without the required evidence of productivity, and something may die: an opportunity, a career, a professional identity. The continuous flow of life is divided into measurable intervals, each carrying its own little judgment day. Humans have become extraordinarily inventive in making themselves anxious.

What interests me is the binary structure of this philosophy. Publish or perish. Produce or disappear. Succeed or fail. There is no obvious place for silence, reflection, incubation, or the possibility that a person might contribute to knowledge without continuously adding to its volume. Ancient traditions often understood creation and dissolution as interconnected movements of existence. The academic institution has converted them into competing alternatives. It is almost as though the university has taken the cosmic principle of impermanence and transformed it into a personnel policy. Socrates, who famously left no writings of his own, might have encountered considerable difficulty obtaining tenure. I suspect that would have amused him.

And now comes the development I find particularly fascinating. Human beings have created artificial intelligence. Not merely machines that carry heavy loads or move faster than horses, but systems that can write, reason, analyze, compose, and increasingly perform activities once considered distinctively human. Researchers speak of artificial general intelligence, artificial superintelligence, and futures in which machine capabilities may exceed those of their creators in many domains. Whether and when these possibilities arrive remains uncertain. But the direction of change is already sufficiently visible to cause unease. The same academics who have spent decades celebrating productivity, innovation, efficiency, and the expansion of knowledge are beginning to wonder what happens when machines become more productive, more innovative, and perhaps more capable than they are.

I confess to experiencing a modest and entirely uncharitable satisfaction.

When tractors arrived, nobody asked whether horses were experiencing an identity crisis. When automobiles displaced carriage horses, there were no special symposia on preserving equine dignity. Human beings called it technological progress. The market had spoken. The future had arrived. Adaptation was our responsibility, although we had rather limited influence over the matter. Now the creators of advanced technology are beginning to contemplate their own possible displacement. Some worry about employment, others about meaning, autonomy, or even the long-term survival of humanity. These are serious concerns, and I do not wish to trivialize them. Still, one can hardly blame an old horse for noticing the symmetry. The species that mastered us through superior tools now wonders whether its own tools might eventually master it.

Of course, the comparison is imperfect. Horses did not create automobiles, and human beings retain choices about how AI is developed, governed, and used. Nor is displacement inevitable in every profession. Yet the deeper irony remains. Human civilization has repeatedly treated the disappearance of older ways of life as an acceptable price of progress, especially when the disappearing lives belonged to someone else. Entire species have been driven toward extinction through human activity. Ecosystems have been transformed, livelihoods eliminated, and cultures disrupted in the pursuit of efficiency, expansion, and power. Much of this has been called development. But when the possibility of perishing begins to approach the developers themselves, the philosophical mood changes rather dramatically.

Perhaps this is the moment to reconsider the meaning of perish. Does a professor perish when a machine writes a better literature review? Does a researcher disappear when an algorithm discovers a pattern more quickly? Does human intelligence lose its value when another form of intelligence surpasses it in particular tasks? These questions depend upon what we believe ourselves to be. If our identity rests entirely on what we produce, then any superior producer becomes an existential threat. If our worth depends on being the fastest, smartest, or most cited, we have chosen a precarious foundation for existence. I learned this lesson when the first automobile passed me on the road. I was no longer the fastest means of transportation. But I remained a horse. The automobile had changed my usefulness to human beings; it had not changed the fact of my existence.

This is where the ancient wisdom becomes unexpectedly contemporary. Krishna’s teaching about the Self, Socrates’ insistence on self-examination, Gandhi’s experiments with truth and nonviolence, and Maharishi Mahesh Yogi’s emphasis on transcending the activity of the mind all invite us to distinguish our deepest identity from our changing accomplishments. They do not ask us to abandon action or knowledge. They ask us not to become imprisoned by them. The quantum world, too, reminds us that reality may be more subtle than its familiar appearances, although quantum physics does not establish these spiritual claims. Perhaps the most important intellectual breakthrough would not be another technology, but a more mature understanding of what technology is for, and who we are when our technologies can do much of what once defined us.

From my stable, I sometimes wonder whether the academic motto might be improved. What about Publish and Reflect? Or Discover and Share? Perhaps even Know Thyself, Then Publish If You Have Something Worth Saying. I realize these alternatives would be difficult to incorporate into university ranking systems. Reflection is notoriously difficult to count, and wisdom does not always arrive before the submission deadline. Still, it might be worth experimenting with a civilization in which the production of knowledge is not confused with the purpose of knowledge, and where intelligence is measured partly by our ability to live wisely with one another and with the other forms of life sharing this planet.

For now, I remain Bob, a horse whose ancestors helped build the world that no longer requires their services. I have watched human beings conquer distance, accelerate time, multiply knowledge, and invent increasingly sophisticated methods of making themselves indispensable. I have also watched the things they considered permanent become temporary, and the things they dismissed as temporary become unexpectedly important. I do not know whether artificial intelligence will eventually surpass its creators, whether universities will reinvent themselves, or whether humanity will discover a more peaceful relationship with the planet. I am merely a horse, and prophecy is not among my professional qualifications.

But I do know one thing. The world did not end when the age of the horse ended. It changed. And perhaps the world will not end when the age of exclusively human intellectual supremacy changes either. There may be loss, suffering, adaptation, and entirely new possibilities. What matters is how we meet them.

The ancient sages said, This too shall pass.

The modern academy said, Publish or perish.

And now, as artificial intelligence begins to write the next chapter, I find myself wondering whether the professors might finally appreciate the difference.

I lower my head, return to my grass, and enjoy the morning.

After all, I have no papers due.

And, for once, nobody is asking me to pull the cart.

This too shall pass.

Life is Pure Existence

Life is pure existence. It is pure consciousness at the bottom of the V in V-theory of Transcendence (Figure below). The top of the V is the dynamic manifestations of life. These manifestations arise and transform and disappear at different time frames. Human beings appear at the ~ 80-year time frame. Other entities appear at longer or shorter time frames. Trees last 100s of years. Bacteria last just a few days. Longer life span is not a sign of greater intelligence or success. Attachment to this human body and its perpetuation is the ultimate mithya or illusion. We should detach from our human body (and near and dear ones’ bodies etc.) as it goes through its cycle of maturing and dissolving.

So, what are we to do with our individual short gross physical bodily existence? Doing is manifesting. We can create things and situations but should not be attached to those manifestations. Objects such as houses and cars and jewelry are a very low life form. The higher life form is that which is free from illusions and boundaries and is intent on accomplishing its assigned task of manifesting ever greater reality. Our hearts should be open to receiving guidance from higher life forms, or from pure life itself. We should be aware of our own divine powers and be a channel for creation as the time and situation demands.

Why do we manifest gross physical forms? Why do we take pleasure in creating such low-level toy forms? Why are we attached to these less significant creations? The answer may lie in social conditioning and legal structures. Such attachments provide a handle to any powerful evolved entity to manipulate us. Why do we fall for such manipulations? Some call ii God’s lila or divine play. It sometimes takes up to fag end of the individual human life span to realize the futility of attachments to manifestations. The young are mostly unable to learn this lesson from the elders. For the young, these toys are seductive. That is just the way it is!

There is enormous seduction of numbers, words, and language. Everything important should be measurable and comparable. By dividing, discretizing, and abstracting everything into tokens, the intellect allows the creation of new toys with ease, especially using machines and more recently Artificial Intelligence. Analog processes such as feelings vanish. Hearts close to what one does not already know. Awe and wonder vanish from awareness. The notion of an open divine unbounded invincible self seems ludicrous. This continues till some misfortune such as cancer or pandemics strikes and breaks that spell. Then the wisdom shines, and life appears valuable for its own sake!  

Mental Health for the whole world

I appreciate the discussion about mental health. In my next avatar or phase of life, I want to become some kind of a mental health practitioner.  A big cause of mental health may be financial insecurity in a capitalist world. …And the social inequalities and pressures and heartburn that causes. The pharma lobby and DSM lobby and many other money-making machines in the West are hard at work to not fully cure but mostly contain the problems. The Federal government has created a strategy to combat mental health issues, however it remains to be seen how effective it will be.

The human body and mind have many ailments arising from whatever thoughts or beliefs or practices etc. Patanjali’s yoga sutras provide the 8-limbed formula to get away from it all.  Different practitioners or gurus have emphasized different limbs to suit the times and their purpose. Mahatma Gandhi emphasized Yama and Niyamas to uplift hundreds of millions of Indian people out of colonization. Maharishi Mahesh Yogi used dhyana and samadhi to uplift millions of people from deep stress and anxiety of nuclear annihilation towards a vision of a permanent peace. Ramdev used Asana and Pranayama to uplift a billion people from all sorts of ailments.  But from personal stories one knows that any combination of these could cure eyesight, hypertension, and backache etc. Add to it Bhagavad Gita’s message that ‘you are neither born nor do you die’ that also reminds us of our true higher / Yogic self. That is the Truth (capital T) that alone can deliver strong healthy minds.

The language of health needs to change. We are becoming self-educated semi-experts at cancer and hypertension and diabetes and an infinite number of specific diseases and disorders and syndromes that may afflict us. The solution may lie in the language of Chitta vritti nirodha (yoga sutras) and balance of doshas and vikritis (Ayurveda) and harmony (classical / Gandharva music), … and activation of chakras and kundalini and more such vibrational and energetic constructs. The dualist and disease-naming language could be replaced by a more holistic joy-feeling language. As Chomsky famously said that the primary role of language is the self-talk or inner chatter, and not so much communication with others. If the inner monkey-mind chatter could be transformed to coherent silence and awareness, health will be a natural outcome. If health is what we want, a health-ful language may be a starting point.

A health-ful language should be beneficial to the health of body or mind. It should describe something corrective or beneficially effective, even though it may be unpleasant. It should speak to the helpful effects of clean air and water and surroundings. It should speak to what benefits and sustains life physically, mentally, and spiritually. It should make a positive contribution to a healthy condition.

With gratitude to all of you for reading it! 

I am Inspired ….

Inspiration is more important than motivation. The former pulls while the latter provides a reason. That is what set me thinking about who or what inspired me. So, I listed some of my major inspirations in life, and what they meant.

I was inspired … 

  • By my paternal uncle who was a terror and yet  jolly as President of our ethnic community in our native town in India, and who said that I could achieve anything 
  • By my maternal uncle who was an excellent teacher always suggesting do what you like 
  • By my father for his disciplined hard work, unshakable confidence, work ethic,  commitment to excellence and financial prowess 
  • By Mahatma Gandhi whose life inspired the whole country of India, and whose thoughts were lofty and  formed a central component of Indian Administrative service exams
  • By Maharishi Mahesh Yogi for his ability to see the unmanifest Vedas and make enlightenment accessible through a great movement and a Vedic university
  • By Swami Ramdev for the size of his ambition fearlessness and boldness in bringing well being at all levels 
  • By my friend and IITD / IIM classmate the perfect student and gentleman now at Harvard 
  • By my friend and IITD classmate the magical perfect student who did Ph.D. at Stanford 
  • By my friend and IITD / IIMA  classmate and free soul who did Ph.D. at MIT and is a great seeker and social reformer and entrepreneur 
  • By my mom for her deep investment in and ferocious defense of her children, and great tolerance 

I am also inspired …

  • By my colleague and mentor at MIU who is here to pursue moksha and which made me get it 
  • By my colleague and mentor who is the foremost  researcher on collective consciousness and led me to organize international conference on consciousness based leadership and management 
  • By my students who said that they loved my data analytics course and for whom I wrote the data analytics book that is globally #1 recommended book 
  • By my student and colleague who is ultra-blissful and does soft thinking and is a trail blazer
  • By Vastu architecture for its ability to create de-stressing and high creativity 
  • By my bold and beautiful wife who is unafraid and a creative entrepreneur 
  • By my beautiful daughter who is a fanstastic English editor, and holistic health practitioner and communicator
  • By my other beautiful daughter who is a smart engineer and a great packer 
  • By my brother who knew about group dynamics, yoga, and Vipassana way before me and which all I spontaneously followed into. 
  • By my book club community especially its founder and coordinator who is a cool, creative and compassionate architect.

Question for you: What inspired you in life? What continues to inspire you?

Do you inspire yourself? Do you inspire others? Chances are that you are proud of some of your own accomplishments. And they probably inspire many people close to you!

Maharishi International University (MIU): Epicenter of Peace

MIU’s Global Country of World Peace is a beautiful organization that embodies what we are:  peace-loving citizens of the world, who are not divided by political or governmental surface levels of difference. As Maharishi said: What we put our attention on grows stronger. We are coming together and experiencing that field of life which is the field of unity consciousness – the unified field of natural law. Vedic technologies of consciousness, that operate from this deepest level of natural law, are a million times are more powerful than nuclear technologies.

MIU launched an Institute for Permanent Peace (IPP) this month, for applying a scientifically validated Vedic approach to creating an environment for permanent world peace. It is urgently needed to mitigate an existential risk from local wars evolving into an uncontrollable global conflagration. The purpose can be achieved by the sustained group practice of Vedic technologies, including Transcendental Meditation™ and TM-Sidhis, to create coherence in global collective consciousness.  The square root of 1% of any population—about 10,000 for the world– practicing these technologies in a group is sufficient to form a lighthouse of peace and prosperity for the whole world. Over 50 demonstrations and 23 scientific published studies have documented the benefits of large group practice of TM and its related advanced techniques on society as a whole. In every case, this approach produced marked reductions in crime, social violence, terrorism, and war, and increased peace and positivity in society.

IPP is proposing the creation of a permanent coherence-creating group comprised of 10,000 specially- trained Vedic experts to perform yoga and yagya. Results will be measured and monitored by an independent board of scientists.  Global celebrities have expressed support for the project. IPP broke ground on a project to create Vastu housing for thousands of such Vedic experts to live on MIU’s campus in Fairfield, Iowa. 

Meeting with India’s finest actor Anupam Kher

Noted filmmaker David Lynch, founder of an international charity that has brought Transcendental Meditation to more than one million under-resourced children worldwide, has issued a challenge to the world’s philanthropists: use a fraction of your wealth to establish large groups of advanced peace-creating Vedic experts in Ukraine and other critical hotspots, and leave a legacy of world peace that will last for generations.  https://davidlynch.gusp.org/

Fall Like A Feather

I met an elderly gentleman, Alan, who is an awakened soul. He told me that not too long ago he slipped on black ice, and fell like a feather. His whole body fell down on concrete, but he was not hurt at all. He fell flat softly in a way that all the parts of his body touched the ground together. Only the phone in his hand suffered a minor scratch. That seems like a miracle.  

On the other hand, an elderly close relative of mine, recently fell and broke his hip. It took him more than an year to recover from the surgery. Similarly, a good friend of mine, who is much younger than me, slipped on black ice a few years ago, and hurt the back of his head. He was taken to hospital in time to stop the bleeding from the back of his head. He is doing fine.

Is there an art to falling? That sounds like a silly question. However, I hear some wise people advising that falling is a given, and the important thing is whether one will dust up and get up and going again. Do some people perhaps fall at the wrong angle, or do they try to protect himself while falling? Do they panic while falling? It is hard to tell, unless one is present on the scene. Falling happens in a flash, in a split second with the full force of gravity.

I ask myself again, is there an art to falling? AARP says that the ‘world is full of banana peels’. So, avoiding a fall is a primary goal. However, they advise a few things on how to ‘fall safely’. Stay bent, protect your head, land on the meat, and keep falling. “Spread the impact across a larger part of your body; don’t concentrate impact on one area,” it says. The more you roll with the fall, the safer you will be. Their tips for preparation are: Be here now, get your eyesight checked (remember, … banana peels), and boost your balance with appropriate exercises.

So, yes, I think that there is a way to fall softly like a feather. The way is to be mindful and roll with the fall. Accept it. Let it be. Resisting a natural fall can be more dangerous than simply falling. Accept falls. I have fallen many times in life. Most times, till about a decade ago, the falls in life and career felt like personal failures and were devastating to mind and body. But in the last decade I can hardly remember a fall. A fall is a fall if we pay attention to it, and try to prevent it. The trick to falling like a feather is to become soft and light as a flower.

Live lightly!

Capabilities we must develop in 21st century business schools

The world in changing exponentially. We are all students now, and forever. Perhaps the most important meta-skill is to learn how and what to learn. Business schools need to develop the capabilities of the heart that will make the students ready for productive and fulfilling work in the 21st century. They need to prepare students for creating the likes of Uber and such companies that work in an era of abundance, which is very different from the earlier era of persistent material shortages.  The young as well as more mature business student need to be able to feel and articulate their deep sense of purpose, and to be able to flourish through a non-ending stream of transformations.

The required capabilities are Confidence, Creativity, Collaboration, and Courage.

  • Confidence means being able to holistically know oneself, the desires and expertise, well enough to stand for one’s words, decisions, and actions. Confidence has been the most important thing to work well, even in the last century, though technical knowledge has also become progressively important.
  • Creativity means thinking outside the box, beyond what has been done in the past. It also means helping others find novel solutions to the problems they face, and helping people grow. One needs to be open to continuous learning and admitting errors of mis-perceptions or ignorance,
  • Collaboration means teamwork, asking for help, not being focused much on course grades and comparative markers, and keeping one’s ego in check. One needs to take complete ownership of the work or the project, along with the team.
  • Courage is an attribute of the soul, and means the ability to function despite adversity and fear. It includes resilience, grit, determination, and the practice of discipline in the face or uncertainty and ambiguity. It means taking ownership of one’s life and purpose through thick and thin.

The way to develop these skills is through group exercises, projects, travels, celebrations, paid internships, and the like. These are not communicated through words, even though we are using words here to communicate these ideas. These exercises should be graded in an appreciative manner, with rich positive, timely feedback from a nurturing teacher / mentor.  

These capabilities may however be underdeveloped during the earlier years of schooling. The grade schools work on a process model, leaving little room for digressions and diversions to account for different ways of learning and different life goals. Just like schools have different course streams for science or commerce or arts students, and just as there are special education systems for the learning impaired, so also there should be different ways of teaching students of different kinds.  As Einstein said, teaching a monkey to swim, and a fish to climb trees would not be productive or fulfilling. The race to get admissions into desirable and prestigious colleges is intense and can have major impact on the quality of future life. Admission into the top colleges like Harvard can be very beneficial in many ways. However, the rat race to prepare for that single objective may rob all sense of joy in the formative years of the students.

Development of consciousness through regular practice of contemplation and reflection, such as Transcendental meditation, may help prepare the heart for developing these capabilities throughout life.

We are more than we think

Our thinking is limited to things one can think about. Some of those things are sense objects and some are mental objects. Our perceptions and feelings are difficult to think about. Our being is beyond thinking. 

We know more than we can tell. That is tacit knowledge. Our words have more power than we think. These could be words spoken with others or with oneself. This is our latent power. 

We exist in more ways than we can tell: The body, the mind, the intellect, the spirit, the soul. We are the unbounded Brahman.  At some level of thinking all these things vanish. We become no-thing. No-thing is actually everything. But there is no way to think about everything.

We have more than we know. We have all the laws of nature within us. We exist in conformance with, and are the manifestation, of all the laws of nature. We permeate every part of every galaxy. 

We are beyond qualities, beyond names, beyond words, beyond language. We transcend and include all of those. We are silence in dynamism, wholeness in motion. We are naturally blissful, like the earth is grassfull and the sky is starfull. 

We are naturally full, or fullness, or wholeness. We just need to be aware of it at every moment. We are a wave flowing and rising and falling. Particle wise, we are at best a little boat that rises and ebbs with the waves. The life force naturally flows through us in its own rhythm.

As Pascal said, the Heart has its reasons, that Reason has no knowledge of. Nurture your own heart. Be with those that nurture your heart. Let your heart swell with joy. Share the joy with the others. And you will get 10x in return. And the whole world will be one big happy family!

Life is a donut!

Life is a donut. 🍩 (or doughnut).

We are donuts. Our bodies are donuts. Bodies have a hollow tube running through them. When the hollow tube remains flowing and clean, our bodies are healthy. The moment it clogs, diseases appear. Our life is also like a donut with a hollow hollow tube through it.  The upper side of the donut is the absolute, the unbounded cosmos. The bottom part of the donut is the relative, bounded by resting on the earth. Both sides are essential. So long as the hole in this donut connects the absolute with the relative, the mind functions well and remains healthy. Life gets into unbounded flow at some times, while remains engaged in specific chores at other times. 

When we eat too much or eat junk stuff, our body’s hollow tube begins to clog. When we don’t flush it down it with enough water the tube clogs. Similarly if we take in too much data and information we need time and energy to digest it. Undigested information clogs the hollow tube. The connection between the top and the bottom of the donut gets clogged. The donut becomes more like a pancake. At that point, the view is mostly of the relative side of life, the bottom of the pancake, and the view of the top is totally obscured.  Yogic techniques such as pratyaahara are ways to unclog our mind. Meditation helps to reopen the hollow tube of the mind and makes the pancake back into a donut. Attention of the mind goes round and round in the donut in a self-referral manner, even as it connects with the infinity above and the minuscule stuff below.  

A donut can be fresh thick soft and sweet. It can be glazed and have toppings, and be of different sizes. Similarly our life can be fresh expansive smiling joyful and grateful. It can have its idiosyncracies and passions and wisdom. OR else life can be short brutal nasty dour fearful stale and putrefying. 

Be a fresh donut 🍩everyday.  

Social Business for a Post-Covid Compassionate World

Nobel Peace laureate Dr. Muhammad Yunus (Grameen Bank) delivered a beautiful bold talk this morning to the International Humanistic Management Association. Here is the link to the video, https://youtu.be/WFwK8bzIKW0 … and a summary of my notes.

The global economic machine is broken. Coronavirus has done us a favor. We should create a bank for rural entrepreneurs. Call it emerging, or potential sector instead of an informal sector. Young people should not have to go to cities and face harassment. Rural economy should not be a footnote to the urban economy. These are social businesses. More than 50% of people work in the informal sector. Urban economy consumes rural labor and makes money for themselves. Rural economy should not become a footnote to urban economy. Distance has become unimportant. The business idea has become important. We don’t want to go back to the old economy. We want to go forward and design a new world.

This is a crisis, but also a great opportunity to create global social businesses for coronavirus solutions. Globalization has deepened. e.g. the same virus impacts everyone. The narrow view is about how to make money. There are only a few companies who own a chunk of medicine business. The medicine solution should be for the benefit of the people, not to make a profit.

Rural areas don’t need to wait for urban buyers. We will process our produce here. We are not at the mercy of the urban buyers. We will deal on equal terms. Governments have not done much for the informal sector. Bangladesh has Ministry of Labor at all levels of the government. We will create our own chambers of commerce. Rural social businesses have full rights.

Academics have had a big role in creating this misery. We have contaminated the young minds with wrong ideas about a selfish world. There are social businesses that are not motivated by private interest but by common interest. We have to take care of the future of the world and our children and grandchildren. Social businesses can be in rural areas as well as urban areas.

How to get the economic machine to come out of coma, and put it to good use? We are pouring trillions of dollars into the machine, so the money is there. We should not pour into the fossil fuel industry. We should move into a new world. Scaling up is not a problem because the money is there. Invest in the companies that are solving the problem. Anyone who can help lead to this new world will win Nobel Prizes. Business education should not be only to make money for others. That is the conventional MBA for a soldier (general, gladiators) to make money for corporations. The alternative is the social MBA. Its purpose is to solve social problems of the world in the fastest way. How to inspire people to do that. This is a good time to start a social MBA program.