OIL has made us billions and fuelled our economic stability, but oil has also become the bane of our existence. For some, it is a curse that has caused poverty and corruption, but for others it is an essential source of untold wealth and power. But as the gap between rich and poor countries continues to expand, it is clear that intellectual capital and technology rule the world, and that natural resources such as oil, gold, and diamonds are no longer the primary determinants of wealth.
Surprisingly, nations with few natural resources demonstrate greater economic growth rates than OPEC countries. Japan's economic growth, driven by technological superiority, outpaces that of Saudi Arabia; South Korea is growing faster than oil-rich Nigeria; and Taiwan's economy has moved well beyond that of oil-rich Venezuela. The United States and Norway are also rich in oil, yet their staggering economic growth comes from intellectual capital.
In reality, it is not money but intellectual capital that drives prosperity. More important, perhaps, is the reality that poverty is driven and sustained by a lack of intellectual capital. The intimate relationship between intellectual capital and economic growth is as old as humanity itself, and is well illustrated by this parable from ancient Babylon (modern-day Iraq). A man asked his children:
"If you had a choice between the clay of wisdom or a bag of gold, which would you choose?"
"The bag of gold, the bag of gold" the naive children cried, not realising that wisdom had the potential to earn them many more bags of gold in the future.
Seven thousand years later, Iraq - the cradle of civilisation - has its own private bag of gold as it sits perched atop the world's third largest oil reserves.
Meanwhile, Israel, tucked away in the hostile terrain of a barren desert, has the clay of wisdom - the weightless wealth of intellectual capital embodied in the collective mind of its people. The striking economic gap that persists between rich and poor nations has increased sevenfold over the past century to what is now an all-time high. The accumulation of intellectual capital by rich nations has helped broaden this gap because it has enabled them to control technology and collect hidden taxes from less affluent nations. For instance, Nigeria pays a 40 per cent "royalty" tax on its petroleum revenues to foreign oil companies that are ripping out its family jewels - the huge store of wealth in its oilfields. These oilfields started forming when prehistoric, dog-sized humans - our common ancestor with the apes - walked African grasslands on four legs.
It's a shocking reality, but the deep oil reserves laid down by Mother Nature millions of years ago and nurtured through the millennia in Africa have been whittled away within decades. And, for the dubious privilege of surrendering its natural resources forever, Nigeria is required to pay half its petroleum revenue in the form of "royalties" to the rich kids on the global block, the United States and the Netherlands. That oilfield has been exchanged for a bowl of porridge, and the black gold that should serve the under-served in Nigeria is helping wealthy Westerners get wealthier.
Today, half the world's population - three billion people - live on an average of $500 a year. In contrast, Bill Gates earns $500 every second. By controlling technology and taxing computer users, Gates has become wealthier than each of the 70 poorest nations on earth and using his financial might has conquered more territory than Genghis Khan, Julius Caesar and Alexander the Great combined.
While Bill Gates is the new millennium's Prince of Technology, he is by no means the first to have taken on the huge potential offered by the realm of technology. The Romans used roads and military technology to expand their empire. And, for centuries, Britain ruled a quarter of the Earth due to its unparalleled ability to command maritime technology and conquer the Seven Seas. Britain undoubtedly established itself as the world's first superpower through its rapid and ruthless colonial expansion programme. The British raised the Union Jack over Canada and Australia, India and Hong Kong, Egypt and Kenya, and countless other countries - even the United States. The Union Jack cast its shadow in every global time zone, giving rise to the saying, "The sun never sets on the British Empire," a fact that was cold comfort to the colonised nations.
In the same way, the United States has embraced its technological supremacy, both offensively and defensively, to build its own global empire without a physical presence in any of its "colonies." The sole remaining superpower is at the forefront of every major technological advancement, which it has used to become deeply embedded in three-quarters of the globe. The U.S. has accomplished a virtual economic colonisation manifesting its presence throughout the globe by harnessing the power of technology and capitalising on its clay of wisdom.
Africa's inability to realise its potential and embrace technology has left it at the mercy of the West. The time has come for Africa to seize the day and resist the efforts of America and others to leave their imprint and plunder its natural resources. Numerous examples throughout history support the idea that technology can be used as a tool of oppression. And there's little doubt that America's technological advancement has allowed it to exploit natural resources around the world.
This is particularly evident in Africa, where the U.S. is exploiting oilfields beneath the pristine rainforest - and being rewarded with a 40-per cent tax at the expense of the African people. This lends credence to history's assertion that those who control technology oppress those who do not, eventually enslaving them and, finally, wielding power around the globe.
Emeagwali, winner of the 1989 Gordon Bell Prize, the Nobel Prize of supercomputing, lives in the United States
Thursday, October 11, 2007
Friday, September 14, 2007
The Power of Perception
There are four "Ps" that will enhance your ability to persuade others in both your work and personal life. They are power, positioning, performance, and politeness. And they are all based on perception.
The first "P" is power. The more power and influence that a person perceives that you have, whether real or not, the more likely it is that that person will be persuaded by you to do the things you want them to do. For example, if you appear to be a senior executive, or a wealthy person, people will be much more likely to help you and serve you than they would be if you were perceived to be a lower level employee.
The second "P" is positioning. This refers to the way that other people think about you and talk about you when you are not there. Your positioning in the mind and heart of other people largely determines how open they are to being influenced by you.In everything you do involving other people, you are shaping and influencing their perceptions of you and your positioning in their minds. Think about how you could change the things you say and do so that people think about you in such a way that they are more open to your requests and to helping you achieve your goals.
The third "P" is performance. This refers to your level of competence and expertise in your area. A person who is highly respected for his or her ability to get results is far more persuasive and influential than a person who only does an average job.
The fourth "P" of persuasion power is politeness. People do things for two reasons, because they want to and because they have to. When you treat people with kindness, courtesy and respect, you make them want to do things for you. They are motivated to go out of their way to help you solve your problems and accomplish your goals.Being nice to other people satisfies one of the deepest of all subconscious needs, the need to feel important and respected. Whenever you convey this to another person in your conversation, your attitude and your treatment of that person, he or she will be wide open to being persuaded and influenced by you in almost anything you need.
Again, perception is everything. The perception of an individual is his or her reality. People act on the basis of their perceptions of you. If you change their perceptions, you change the way they think and feel about you, and you change the things that they will do for you.
First, think continually about the impression you want to make on others and then make sure that everything you do or say is consistent with that perception.Second, be nice to people. Practice the Golden Rule in your interactions with others. Always be polite and make others feel important.
The first "P" is power. The more power and influence that a person perceives that you have, whether real or not, the more likely it is that that person will be persuaded by you to do the things you want them to do. For example, if you appear to be a senior executive, or a wealthy person, people will be much more likely to help you and serve you than they would be if you were perceived to be a lower level employee.
The second "P" is positioning. This refers to the way that other people think about you and talk about you when you are not there. Your positioning in the mind and heart of other people largely determines how open they are to being influenced by you.In everything you do involving other people, you are shaping and influencing their perceptions of you and your positioning in their minds. Think about how you could change the things you say and do so that people think about you in such a way that they are more open to your requests and to helping you achieve your goals.
The third "P" is performance. This refers to your level of competence and expertise in your area. A person who is highly respected for his or her ability to get results is far more persuasive and influential than a person who only does an average job.
The fourth "P" of persuasion power is politeness. People do things for two reasons, because they want to and because they have to. When you treat people with kindness, courtesy and respect, you make them want to do things for you. They are motivated to go out of their way to help you solve your problems and accomplish your goals.Being nice to other people satisfies one of the deepest of all subconscious needs, the need to feel important and respected. Whenever you convey this to another person in your conversation, your attitude and your treatment of that person, he or she will be wide open to being persuaded and influenced by you in almost anything you need.
Again, perception is everything. The perception of an individual is his or her reality. People act on the basis of their perceptions of you. If you change their perceptions, you change the way they think and feel about you, and you change the things that they will do for you.
First, think continually about the impression you want to make on others and then make sure that everything you do or say is consistent with that perception.Second, be nice to people. Practice the Golden Rule in your interactions with others. Always be polite and make others feel important.
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