The biennial Commonwealth Heads of Government Meeting has just taken place in Port of Spain. There are 54 members in the Commonwealth club.
Traditionally the members have in common a shared history of British rule. However
The obvious question is why? Why would any self-respecting nation want to be a member of a club organised by its former colonisers, and, still more puzzling, why would anyone for whom the British weren’t their colonial power be the slightest bit interested?
In
The usual argument is that the Commonwealth stands for democracy, stability, human rights and the rule of law. That’s what it says in its constitution. And, from time to time, a member will be suspended for going against these principles. But that hasn’t prevented military coups in
There are, of course, fringe benefits. Commonwealth leaders get to meet the Queen every two years, and every four years their athletes can compete at a major Games which doesn’t involve the
Of course, the benefits of Commonwealth membership are complex and may differ from case to case. But the real point of Commonwealth membership is that it satisfies the basic human instinct for belonging. Not for us citizens, but for our national leaders. At every level and in every situation, whether at home, at school, at work or anywhere else where we gather and spend time, human beings benefit from the company of their peers. That’s primarily why national leaders spend so much of their time visiting other national leaders, when in reality the business could just as easily be done by phone, or by mere mortals.
Just as the rest of us enjoy the feeling of togetherness that we get from a chat at the water-cooler or in the canteen, our national leaders benefit from the Commonwealth Heads of Government Meeting, the G20 Summit, the United Nations Climate Change Conference, and any other chance they can get to affirm their sense of belonging. I can’t help wondering if this need could be pandered to in a less expensive way.
At a less lofty level, the psychology and the consequences of this human need for belonging are discussed in Module 4 (Motivation) of the Mini-MBA.
Meanwhile on the Markets...
Now that the shortlist has been announced for the Sports Personality of the Year, you might expect the odds for the ten contenders to have shortened. In fact, though, most of the frontrunners have lengthened. This is follows Ryan Giggs' surprise inclusion on the shortlist, and an article in the Racing Post which tipped him. But footballers very rarely succeed in the SPOTY, so I see the run on Giggs as an opportunity to back others at lengthened odds. Jessica Ennis is now out to 6/1, and David Haye to 14/1, both with Betfair. A huge amount depends on how the candidates come across during the BBC programme on December 13th, and both these two charmers look to be excellent value.
If you don't already have a Betfair account, please use the link to receive a free £25 bet when you join.


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