Octavian-Dragomir Jora

Professor, Ph.D., Habil., at the Bucharest University of Economic Studies, where he has cultivated and developed interests in comparative economic systems, critical/creative thinking, and geo-politics/geo-economics of cultures and civilisations. Dr. Jora is involved in epistemic communities – i.e., board member of the Romanian Economic Society, the Research Center in International Business and Economics, etc. Recently, he received the Woodrow Wilson Scholarship from the Romanian Cultural Institute for research conducted in Washington, D.C., United States of America. He is (co-)author of numerous scientific works (100+ titles), as well as of journalistic op-eds, essays, pamphlets (1000+ titles), his works being distinguished over time with plentiful and prestigious scholarly and mass-media awards. Also, dr. Jora is editor-in-chief of the Œconomica journal and founder editor of The Market for Ideas pop-science magazine (Curriculum Vitae)

CAPITOL LETTERS (Ep. 10): Samuel F.B. Morse, the Janusian Creator

“What hath God wrought?”, the Biblical wonder in the face of divine creation, was spelled out by a creative man of science and of art, a man of faith, as well as of feud. Samuel F.B. Morse by his name, the founding father, in the electro-magnetic “field” of the Industrial Revolution, of the present-day USD 6 trillion global information and communications technology sector (ICT), aired these words, in the code bearing his name, in the first telegraph transmission on May 24, 1844. What at that time linked Baltimore to Washington, now connects an entire planet in a variety of ways, of which the Metaverse is the latest mutation. And whilst for many the Metaverse was a concept formerly confined to Sci-Fi which is now coming true, resembling some sort of “second life”, few know that the invention of the telegraph occurred during Morse’s… second life. Yet, it is not the kind of parallel existence that Meta is offering us, but a life that was the second in a chronological series of two lives, of which fine arts occupied the first 46 of his 81 years on Earth. In 1837, Morse surrendered, deeply disappointed, from the artistic front, only to enter immediately the “tech” battlefield. More

CAPITOL LETTERS (Ep. 9): The Green New Deals Tango

Octavian-Dragomir Jora

It is currently common sense (regardless of the amount of actual sense) to proselytize the teachings of “climate-changes-caused-by-man-and-to-be-reversed-also-by-man”. Before long, “Dubito” will be summarily excised from René Descartes’ famous witticism, which will suddenly become more laconic (as well as lacking in meaning, apparently) and will go like this: “I think (that something might exist), therefore it exists”! Then, we may get down to business: taxes, subsidies and regulations. Thus, we have the cocktail, the cool panacea brewed by the “majores terrae” (the planet’s greatest, in literal translation), served to a world stuck in the heat of the developments following the First Industrial Revolution. In the name of progress, we need to help temperatures regress back to pre-industrial levels, and we need to do so by “decarbonizing the green economy” and by socially just taxes. More

CAPITOL LETTERS (Ep. 8): Profit to the People!

Octavian-Dragomir Jora

“Profit to the People!”. But not by taking from (i.e., taxing) Peter in order to give to (i.e., to spend on) Paul (or putting it more bluntly, “robbing Peter to pay Paul”), but by letting Peter being Paul’s partner, employer or employee, supplier or customer and, if there is no other way out, benevolent benefactor in times of hardship. The American economics-&-business way of thinking mirrors the second part of the phrase. Except for the periods when the Democrats take over the power from the Republicans at the White House and/or the Capitol. At the National Museum of American History, there is an 8,000-square-foot space covering the role of business and innovation in building America as we know it today in the last 300 years. Called “American Enterprise”, it hosts, besides exhibits amongst the most prominent practical offshoots of the US-borne ingenuity and inventiveness, some billboards covered with condensed tribulations reflecting the competing narratives grouped under the heading “Debating Enterprise”. This reminded me of an article published two years ago, entitled “«Mens Sana in Sound Corporations»: A Principled Reconciliation between Profitability and Responsibility, with a Focus on Environmental Issues” (authors: Octavian-Dragomir Jora, Matei-Alexandru Apăvăloaei, Vlad I. Roșca, and Mihaela Iacob), where we argued that corporate social responsibility (CSR) and the creation and running of for-profit organizations are not two distinct objectives that are at odds with one another, but complementary, even co-generative ones. Briefly put (for the detailed expose see the article here), we found (at least) three lines of defense in the attempt to rediscover (not to “re-invent”!) the common-sense (“wheel”) that moves forward a basic truth: “the generous have to be let to generate (wealth)”. More

The Frontier of Science Is Expansive and Expensive

Octavian-Dragomir Jora

The CERN physicists announced, around mid-March 2013, that the particle discovered a year before, which they had claimed to be the Higgs boson “with 99% certainty”, had gained another “1% of certainty”. That is it, the verdict is in! The particle which bestows mass on us, the source of our weight, has become a factual given. We have found the Creator among quanta, but we still need to search deeply into our souls to find Him, if we want the mystery of Creation to ever be completely revealed to us. The attempt to re-create the Creation remains a costly business. More

CAPITOL LETTERS (Ep. 7): The Noble (and Nobel-Winning) Losing Fight Against Poverty

Octavian-Dragomir Jora

In the essay The Soul of Man Under Socialism, Oscar Wilde puts forth a mindboggling argument for socialism. The poet thereby finds poor people uncomely, so he’d want someone (or something) to redeem them from the desolation of this “picture”. The Wildean argument for socialism turns explicitly aesthetic in its essence: the artist within him wishes for a social order where the problem of aesthetic deficiency is central(ized). If the “aesthetically challenged” were eradicated and the “aesthetically gifted” were privileged, everything would be great. And there was no shortage of intellectuals who chose the comfort of complicity with the “cultural militia”. Nevertheless, both a priori and a posteriori, socialism, egalitarianism or, in other words, hyper-statism is a triple monstrosity: economically, ethically and, yes, aesthetically too. To wit: the social realism in “art”, the depersonalizing ethics of “the commune” and “the economics of penury” – the three heads of a hideous hydra. More

CAPITOL LETTERS (Ep. 6): The Gam(bl)er (Former and Future?) POTUS

Octavian-Dragomir Jora

As a student, I used to sleep at night, as my days were fulfilling and filled with my studies and the like. My nights as a student in the dorm room were (for the most part) buzzing with an “audio-video” ecosystem. I contributed to the “video” aspect with a blindingly bright lamp that glowed with the power of the noon Sun itself, which watched over me as I dozed off to sleep under the sway of a book or gazette. The “audio” side was supported by my nocturnal roommates, masters/slaves (?) of games – video games, to be more precise. The poorly silenced background noise that occasionally startled me in the dead of night was woven of dialogues, spoken ritualistically and rhythmically with the melodic cadence of a talking lathe. Yet, it was not my companions that spoke. It was the “conversation” between the interfaces of the video games and the players viewing them on the screens, its phraseology both mechanistic and minimalistic. Into that blurry state between wakefulness and sleep, between reality and dreams, the environment would pour into my ears either the robotic “communiqués” of the proto-AIs in Age of Empires and Warcraft (strategy rodeos) or the commando-esque “communication” from Counter-Strike and Half-Life (adrenaline simulators), only rarely interrupted by rounds of human speech, except for when multiplayer sessions were in order. More

CAPITOL LETTERS (Ep. 5): The Antinomies of the Universe

Octavian-Dragomir Jora

Philosophers, scientists, theologians, all appear to live with a somehow implicit and inbuilt mindset that the physical/metaphysical Universe is, despite its obvious oneness, a binary being. More

CAPITOL LETTERS (Ep. 4): The Smithsonian Republic of Knowledge

Octavian-Dragomir Jora

Patronage is living proof that exceptional public goods can be produced, at least in part, privately. And this goes against the emphatical treatises on economics that theorize and preach the contrary. And when the theory seems far too dry for a journalistic incursion, history comes with (un)sweet(ened) evidence. In the summer of 1829, a certain James Smithson had bitten the dust in Italy, the one from whose glorious gens, that of ancient Rome, Gaius Maecenas descended, diplomat and advisor to the emperor Octavian Augustus and documented as, indeed, the first “patron of the arts”. Smithson, a respected British chemist and mineralogist (after whom zinc carbonate was dubbed Smithsonite), an early member of the Royal Society of London (only a year after graduating from college), had left behind him a will with a strange stipulation: should his only grandson die without issue, his fortune would go the way of the United States of America “to found at Washington, under the name of the Smithsonian Institution, an Establishment for the increase and diffusion of knowledge”. Okay, but what’s the catch? Smithson had never set foot in America! More

CAPITOL LETTERS (Ep. 3): The Price of Pricing the Priceless

Octavian-Dragomir Jora

The intensifying dialogue among social sciences is one of the most insightful contemporary academic advancements. Promising gains stem from interdisciplinarity, by connecting themes and concepts from a variety of fields, engaging them as parts of a Wertfrei system (of scientific nature), as well as a Weltanschauung (of cultural nature), rather than stockpiling merely discrete ingredients. For instance, the bonds between cultural studies and economic sciences – perennial, as they exist “materially” married, yet peripheral, as they seem “spiritually” divorced – may be revisited and reviewed against the intertwined backgrounds of: ideological mindset (e.g., liberalism, statism), technological mastership (e.g., industry “4.0”) and ecological momentum (e.g., climate, recycling). It is in the midst of the cogitations on the future of “humanity” (both the species and its spirit) – given chronic/acute ideological clashes, given technological shifts in leisure habits and in labor markets, also recasting micro-/meso-/macro-/mondo- business structures/relations, and given ecological encumbrances, under- or over-valued – that I’m roaming some of the finest American museums and libraries. More

Super Bowl and a Soup Bowl

Octavian-Dragomir Jora

Football is a community distilled product (“You’ll never walk alone” goes the Liverpool F.C. anthem, adopted, against all odds - in the Beatles city, from a Pink Floyd show tune). Football unevenly blends feelings brewed by a collective order civilization which yet reeks of a wriggling culture of conflict. Association football is, among the rest of the team sports, the paragon that can most successfully neutralize societal disaggregation. Unlike theatrical performance (with which it imparts the technical and tactical demands of the plot, the actors getting into a play of mutual relations in which the spectator is merely a “spy”), the soccer performers are participants in a web of mutually shared strategy game rules where the spectator solely intrudes as a spy. The football show will also stand apart from the gigs, say, a pop-rock concert (akin in that they both trigger deep visceral sensations, still distinct where the former lacks the gut feeling usually associated with inward mystery myths, while the latter is a product explicitly delivered to its fans). This game will always generate peculiar reactions. It re-unites there where entropic drives are marked: the football supporters will allow themselves to be drugged with the cause and the strategy of the game, only when they experience this excitement with the punter on the left, right, in front and behind. The football fan will thrive feeding not only on the peers sitting close in the stand but also on the combined energies of the crowd, shouting against opponents, yet strangely aggregated by the empathy for the other team supporters. Go! Go! Go! Boo! More

CAPITOL LETTERS (Ep. 2): “Enlightenment” and “Environment”

Octavian-Dragomir Jora

The Smithsonian Museums in Washington, D.C. are, par excellence, propitious places for memory. Universal, and also personal. Walking through the National Museum of American History, I made the acquaintance, in sculptural form, of a certain Mr. Thomas Alva Edison, and was reminded of what I had written about him a decade ago, when the EU was starting up its eco-crusade against its beloved baby, the incandescent lightbulb. I said back then: “Mr. Edison, a lightbulb went on in our good European heads and made us turn off your bloody wasteful invention, once and forever!” Mr. Edison is a grown-up, no doubt, and he knows how to cash in this historical punch. In his time, the brilliant guy is said to have “first” invented the lightbulb only after other gentlemen did the same before, but none had flashed the exquisite ideas to “fill in” a brighter-burning filament, to immerse it in a “more void” vacuum, while having a “more enduring” electrical resistance. Having gorged himself on patents and being the 4th most well-protected “luminary” in the history of technology, he became known for eagle-eyeing others’ ideas, while draping his own in government paperwork, for none could be allowed to think up similar ideas to him and independently of him. He then played God, despite being a free-thinking atheist, and libeled the alternative current of rival George Westinghouse by cunningly associating it with the electric chair, in whose creation Edison had had a hand in. More

CAPITOL LETTERS (Ep. 1): Industrial Revolutions

Octavian-Dragomir Jora

Industrial Revolutions (IR) are manifestations of the delightful concept of “creative destruction” (J. Schumpeter). This means destroying the useless as a force of creation for the useful, not vice versa, that is being creative in destroying. Destruction qua creation is about capitalising and making the most of resources, whereas creativity in destruction sooner resembles blunt vandalism (war, for instance, is creative in its nihilistic annihilation). Apparently, an IR is like TV: it isn’t necessary to understand how it works, what matters is to have the remote at the ready. However, some economists and historians continue to fiddle with the explanatory and predictive mechanism of a phenomenon that has already reached its fourth generation. Thus, for IR 1.0 (manufactured by the British), the main contributing factors identified were cheap energy and somewhat improved wages, coupled with metropolitan freedoms and the extortion of colonies, or perhaps the establishment of a general climate of “bourgeois equality” (D. McCloskey), where the ideas of common people could be expressed and experimented with free from the tyranny of statutes. Debates remain vivid here. More