Categories
Philosophy

Blowing Bubbles

Extreme concentrations of wealth are not anomalies sitting awkwardly inside an otherwise functioning system. They are what the system becomes when its capacity to attenuate runaway amplification has been compromised. In any open, adaptive system, stability is not achieved through static balance but through a continuous negotiation between reinforcing and dispersive forces. Positive feedback generates […]

Categories
cybernetics

Extreme Economics

Extreme economic doctrines—whether right or left—are structural performances, temporary galvanizations around dysfunction. They flare precisely because they replicate the fractures that sustain them. What appears as crisis-management is, in fact, a choreography of failure made durable. The intentional destruction of poverty is not an error of policy but a condition of possibility for wealth at […]