Tag Globalization

Word of the year 2016

Nothing to do with the ice caps

It’s that time of the year when various bodies such as the American Dialect Society and Global Language Monitor nominate the word of the year (WOTY).

Not to be outdone, at VoxSapiens we would like to nominate our word of the year.

Our thinking is along the lines of the Oxford English Dictionary’s nomination of post-truth and dictionary.com’s nomination of xenophobia. We see Brexit, Trumpquake and woke, all contenders for WOTY, as key arenas for use of both the OED’s nomination and ours.

But we see the issue as more than post-truth. We see a fundamental change in the world developing.

For that reason, we nominate Read more

Are polling companies in crisis?

Major wrong call yet again

Once again the polling companies have got it wrong. And not just slightly wrong, but very wrong.

This time they predicted a Hillary Clinton win. Even 24 hours before the polls they predicted that Hillary would win.

Just a few months ago they predicted a “Remain” win in the Brexit poll.

Last year, there performance would deserve an “F” for the UK general elections. None of the 92 polls accurately predicted the 7% lead the Conservatives would actually achieve and a majority predicted a Labour victory.

% gap between Conservative and LabourAll pollsConservative leadsLabour leads
Total923342
017
1321517
222715
31037
4752
511
6321

In 2013, the pollsters were wrong with the British Columbia provincial elections.

Why do the pollsters repeatedly get it so wrong? Why don’t they learn?

Well, Read more

Could the Brexit shock be out-Trumped?

Could The Donald deliver a second surprise?

Very few people really expected the Brexit vote to end as it did. Even the Leave campaigners were preparing speeches to thank their street campaigners when they had to perform an about-turn and make the winning speeches. Even the online petition (now with over 4 million signatures) for another vote was initiated by a Leave campaigner who expected to lose the referendum.

Similarly everybody expects that the US presidential election is Hillary’s to lose. That Donald Trump, considered by many as almost a joke contender, couldn’t win. He couldn’t, could he? Could he?

Well the recent news may suggest that the second unbelievable national poll result may become a reality.

Read more

Financial regulation and the loss of sovereignty

A global phenomenon, nothing to do with Brexit

Right now in South Africa, President Zuma is being urged to refuse to sign the new Financial Intelligence Centre Amendment Act.

This act is part of ongoing global tightening of controls to reduce/eliminate money laundering and combat the financing of terrorism. There is plenty of freely available documentation to describe the aims – for example from the IMF and from the World Bank.

So these regulations are centrally imposed by global non-government organizations. Just like the Kyoto Protocol and the United Nations Declaration of the Rights of the Child, right?

Err ….. no. These regulations are different because Read more

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