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Template:M intro systems financialisation: Difference between revisions
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So, totalitarian states can survive as long as they have the wherewithal to enforce rules internally, and that is in large part a function of keeping external ideas out. Prime example: North Korea - self imposed — Gaza (externally imposed) | So, totalitarian states can survive as long as they have the wherewithal to enforce rules internally, and that is in large part a function of keeping external ideas out. Prime example: North Korea - self imposed — Gaza (externally imposed) | ||
Across the wider system, open architecture, tolerance, pluralism, a plurality of narratives enhance the resilience of the overall system, but jeopardise the resilience of individual actors at the top of the system, who will, hence take steps to close architecture, mute plurality and shut down “arbitrageurs”, whom we can call malcontents. Strong open architecture systems have to have rules and feedback loops that protect that open architecture — entrenched rights of freedom of expression, limits on executive and corporate power, robust antitrust enforcement and so on.. | Across the wider system, open architecture, tolerance, pluralism, a plurality of narratives enhance the resilience of the overall system, but jeopardise the resilience of individual actors at the top of the system, who will, hence take steps to close architecture, mute plurality and shut down “arbitrageurs”, whom we can call malcontents. Strong open architecture systems have to have rules and feedback loops that protect that open architecture — entrenched rights of freedom of expression, limits on executive and corporate power, robust antitrust enforcement and so on. | ||
It is not necessarily causative, but also no accident, that The places most obviously associated with those features have had the strongest economies: UK and US. But in both cases these principles are currently stressed. | |||
''What if I turn out to be wrong?'' | ''What if I turn out to be wrong?'' | ||
====Consequences of this instinct==== | ====Consequences of this instinct==== | ||
*Private equity | *Private equity | ||