Pluralist Economics - Growth or Degrowth? It's not an either or

It must have been a social media post mentioning the announcement of the 3rd Summer Academy for Pluralist Economics that caught my attention some months ago. The thing that let me even dig deeper was the fact that the Club of Rome (initiator of what became quite a famous research study on the current state of the earth, climate change and how business should be done, "The Limits to Growth"; anyone who'd like a quick overview on the book check out the interview between Willem L. Oltmans and Jay W. Forrester, the creator of the field system dynamics and initiator of the report, which gives a quick glimpse into the book and its concepts that hold largely true still today in the 21st century).

Having participated in "Transforming Capitalism Lab", a sub-prototype of the MOOC "u.lab - Leading From the Emerging Future" that runs again this September for the 6th consecutive time since 2014, applying for the Summer Academy felt like something "not not to do!" I applied and a few weeks later got the notification that I am in. Can't say how excited I was, especially as my "economics days" were 25 years ago, and focus of work and interest had changed since quite a lot.

What really had drawn my interest was the fact that for the last ten years, since returning to Dresden right in the middle of the bursting Financial Crisis in late 2008, and seeing that "economics 101" neither had produced the "green meadows" of Eastern Germany nor enabled entrepreneurs and visionaries to pursue their dreams for the betterment of society in the region (the complete journey of mine in this context you find here).

Reading into the agenda of the Summer Academy and the previous ones, fond memories of myself sitting in front of Reuters monitors in the trading room of the bank where I did my apprenticeship between 1986-88 and seeing my held stock plunge into a "pit black hole" when the Black Monday happened on October 19, 1987. Not much explanation took place after that time (pretty much like what happened after the Financial Crisis in 2008). As a direct consequence I found myself studying economics afterwards, yet not getting satisfied by the classical curriculum at the university which (back then as still these days) focuses on trying to analyse the developments of the past, missing out the deeper exploration of the "Why?" consequently. Since these days in the late 80's, also experiencing a complete economy (the former GDR) in a massive transition over the last three decades, and having lived in Saxony for half of that time, I am trying to understand and explore other ways of the "natural" growth paradigm which has many "unintended side-effects" that we can see everywhere.

Garden of the Protestant Academy of Thuringia

So the question came up, "Which workshop to take?" amongst almost a dozen ones ranging from Marxist Economics via Feminist Economics to Complexity Economics. To get a glimpse of the variety of economic theory see here the overview at Exploring Economics. It turned out to be "Entrepreneurship and Diverse Economics", making the most sense. Arriving in Neudietendorf and meeting the workshop class on Saturday morning I could not be more thrilled to meet students from various fields (law and medicine including), consultants, policymakers coming from countries such as Colombia, Uganda, Germany, Austria, Germany and the Netherlands. The picture you see is the outdoor area which was going to be filled with people discussing the workshops, exchanging thoughts, playing chess or just having a great lunch or dinner outside over the next couple of days.

The core question that followed our workshop over the week was the following, "Does it always need growth or are there other paths of economic progress and well-being of society?"

However, what we see and quite naturally come about in conversation with colleagues and friends it is all about growth (without any mentioned boundaries). "Bigger is Better" seems to be the thing that drives society and the economy, all around the world - yet there are other approaches for companies.

After we had digged deeper in the theory and different concepts, often overlapping in some essential aspects such as giving back value to the society/community and strongly valueing sustainable processes, we learned about some examples of such companies. More of that including companies/projects to be found in this overview from which we drew much of the basis of our conversations in class.

Package of Amarelli liquorice

However, after returning from Neudietendorf and my mind buzzing with the inputs it gained over the week, memories of the past came back once opening the cupboard holding our tea and coffee: a box of liquorice manufactured by Amarelli. While on holiday in Italy we happened to visit their company, where we learned about the peculiar making of liquorice (Lakritz). The most stunning thing was that this company is in family hand since its founding in 1731. Even more so it is a member of a global community of family-owned businesses that had been founded more than 200 years, called The Hénokiens. What is so amazing about those companies (the oldest, a spa in Japan in family hands for 46(!) generations since the 8th century) is that all have grown to a certain size, ranging from a few hundred to several thousand employees.

Staying for generations in family ownership says one thing for sure, "Growth in numbers is not everything!"

Why not take some of the Hénokien wisdom into account when starting your company or leading an existing one?

For further research and learning around degrowth check out the following links:

• Degrowth in Movement
• New Systems - Possibilities and Proposals
• Club of Rome Summer Academy 2017

5G Pulling the Pack Ahead, Especially on the Edge

Final talk at #IEEETTM 2012 in Dresden;
photographer: Ralf Lippold

It was a bright sunny day in late spring of the year 2012. Several hundred tech experts, researchers and media folks began to flock the City of Dresden. One could immediately sense the international flair near the Hilton Hotel in downtown right in the middle of the Altstadt, yet the miracle was over soon enough. The city itself often is described as a "cultural pearl" with a historic legacy that can be still today be visited. That it could be a modern day technology hot spot probably is not that well-known (at least outside the tech community). The TU Dresden was just about to hand its application to Excellence Initiative which would make it later the one university in the Eastern part of Germany holding the title of an "Excellence University".

This was seven years ago. If you'd be interested in what it was like you can read my personal experiences from that event here. From here the story evolves in ways that might not be so obvious, even for the curious outside observer, even at a local basis.

With the right mindset, the right people, and the right amount of capital, anything is possible - so Peter H. Diamandis, founder of XPRIZE, Singularity University and co-founder of Planetary Resources

One thing that was mentioned by one of the co-organizers, Prof. Gerhard Fettweis, at his planetary talk was the "tactile internet", literally the real-time interaction via data communication. Back then and mostly still today is the latency time of signal travelling through fibre cables or via air. Listen to his visionary talk at the 2013 Johannesberg Summit. What was still missing was a technology that enables signals to move fast enough to almost create real-time situations (e.g. relevant for remote-control surgery or autonomous driving) even at short distances and not like space-related distances as SpaceX and PlanetaryResources had launched their operations earlier that year.

In 2014, just a year later, Dresden-based technology blogger Heiko Weckbrodt (aka Oiger) captured a live presentation on what was going to become the next generation in mobile communication. And roughly around the same at the Date 2014 the "Tactile Internet" found its way again into the conversation in Dresden, this time in connection with the cfaed (Center for Advanced Electronics Dresden - one of the funded excellence projects at the TU Dresden researching in the "electronics of tomorrow").

Two years later, the focus of the Hannover Messe 2016 was "Industrie 4.0" (a term coined in 2012 in order to establish a brand around the German efforts towards what is commonly known as "The 4th Industrial Revolutions". It was about to pull in local companies and research institutes in that area to the giant fairground (formerly base of the EXPO2000) in Hannover. Additionally, in early spring the  MP of the Free State of Saxony, Stanislaw Tillich, had initiated a local conference in Dresden on "Industry 4.0" (in German). Several hundred stakeholders flocked to the International Congress Center Dresden and a social media there can be still the spirit of that day be captured via the hashtag #SachsenIndustrie40. Industry 4.0 and real-time interaction with as little latency between connected machines certainly was in need for technology beyond cable or WiFi connectivity. Examples of the difference could be seen in Berlin during the 1st SUGermanySummit in May which was also attended by Saxons, namely the boundary spanning mind behind HTxA - HighTech x Agency. An overview of what happened during these two days in Berlin, seen from a Saxon perspective, has been captured here.

Even though the events over the years since 2012 look like single dots in history, a closer look certainly reveals an ongoing development and like patient upbringing of camellias (a flower originating in China and Japan which has a long, and lately rising, relevance in Saxony; famous examples are the "Pillnitzer Kamelie" at Pillnitz Castle or "Königsbrücker Kamelien" at Castle Königsbrück). Like a jigsaw puzzle, things only become visible only shortly before all the dots/pieces are connected and the "big picture" comes into view.

Press conference on Tuesday, April 2, 2019, #HM19;
photographer: Ralf Lippold

The latest highlight took place at the Hannover Messe 2019, just this week, where the City of Dresden held a press conference (live stream via Periscope from minute 59:00 onwards) together with several partners, e.g. Future Mobility Incubator of Volkswagen Sachsen GmbH (Transparent Factory), Airrays GmbH, 5G Lab Germany, Smart Systems Hub, T-Systems MMS GmbH, SQL Projekt AG led by Robert Weichert, WeichertMehner (furthest on the left)

More details on the press conference and adjacent activities around technology see the Dresden Convention website. The following conferences in Dresden touch on 5G-, telecommunication-technologies, as well as applications. Don't miss to take into account and in your travel plans.

1. connect-ec: Germany's first telecommunications trade fair (German), May 2-5, 2019, connect-ec (open for the public), May 4-5, #connectec2019 (Twitter)
2. IEEE 4th 5G Summit Dresden, October 1, 2019, @5g_lab
3. IEEE 5G World Forum Dresden, September 30 - October 2, 2019 

.... as always, this could only be a small dip in the pool of amazing things ongoing in Dresden. Stay tuned for more, check on Twitter, and see recapture from personal experience and staying close to this years' Hannover Messe via our Twitter activities. 

Ralf Lippold