Word: fate
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...Harvard Law School professor and executive director of the HLS Human Rights Program, was speaking at a conference about the military dictatorship that had menaced the South American state for 21 years. Meanwhile, Nadejda Marques was running late en route to the conference. Fate would have it that her mother was considerate enough to save Marques a seat—right in front of Cavallaro...
...Davos, French President Nicolas Sarkozy blamed globalization for the financial crisis. However, what we need is more, not less, globalization—Michael Dawson, a political science Professor at the University of Chicago, devised the term “linked fate,” a concept in which interdependence, which is similar to globalization, is key to promoting group interests above individual interest. In determining public policy, powerful social concepts such as linked fate can be very useful for coming up with practical and sustainable solutions. To remedy the financial whooping cough Americans are going through, policy experts...
Creating multiple linked fate communities for the sake of financial recovery will be tough. But if defaulting on a mortgage hurts the local bank, which in turn hurts the local businesses and the community as a whole, then all parties will be much more meticulous when it comes to making financial decisions. Real estate agents who aim to make a profit will have less incentive to be deceptive because they will shop at the same small businesses that will require loans from the local bank to operate, which in turn will require the homeowners to be current on their mortgages...
...interconnected and interdependent relationships in fact already exists in the form of globalization. The only difference is that, with globalization, activity at the microscopic level can have macroscopic ramifications if left unchecked. President Obama should emphasize increased globalization. By making people more interdependent and creating more linked fate communities across the globe, greed and excess on the part of bankers, laxity in regulation by governments, and poor financial decisions on the part of home buyers will be disincentivized, as individual interests will be secondary to group interests. The world as we know it will move toward greater cooperation and consensus...
Whatever the fate of this season’s Crimson team may be though, Lippert will remain an integral part in the years to come and will likely mature even further in her game...