Wednesday, November 21, 2012

So Recognizable, Long Recognized by Some, & Tragic. Tears of Frustration are Understandable.

commentary by Roger Erickson

“Plan A has failed”: George Osborne on borrowed time as Britain tumbles ...
"Bungling Chancellor George Osborne's borrowing has soared by billions despite his brutal cuts - sparking fears of a triple dip recession yesterday."

There we have it. The pathetically slow outcome of credentialism, vainly waiting for verification from obsolete paradigms.

Has anyone EVER seen the past catch up with the present, let alone the future?

Those "believing" in credentials will refuse to even look for the nested irony hiding here in plain sight. Expect a vigorous, knee-jerk defense of credentialism neverthetheless. It's what they do, choosing to "be" something to Luddites over "do" something to surf emerging change that various "unimportant" people have invariably harped on for multiple lifetimes.  Why do we always relearn, too late, that EVERY process is too important to be left to the presumed process owners?

Our new options are always stockpiled, in spades. How do you get people to explore those options? Our biggest problem is to get complacent, unmotivated people - historians - to accelerate their pace of abandoning slavish allegiance to obsolete credentials. After all, credentials are - by definition - ALWAYS tangential to unpredictable survival paths. Otherwise, nothing would have changed on planet Earth these last 4.5 billion years, not to mention the last 200 years.

We always need to know variable amounts - but usually rather little - about the past, while focusing primarily on where we can go from here. We have zero predictive power but seemingly unlimited selective power, and are always facing situations of increasing, not static complexity and tempo. Hence, when selecting the next level of Adaptive Rate - i.e., new and faster levels of coordination and indirection - paying overmuch attention to credentials is, in practice, always an impediment to unbiased sampling and exploration of emerging options. Sadly, existing credentials are always a record of how we solved yesterdays problems, and WILL slow tomorrow's Adaptive Tempo.  Otherwise, there wouldn't be a steady march of new credentials.  The Credentials are dead!  Long live the Credentials!

Any person who asks his country to wait on existing credentials to endore uncredentialed change, is committing to treason, by being a merchant trading favorable positioning near to advantaged credentials. As Jefferson noted, "Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains."

In a "be, or do" context, credentials represent the personal gain always tempting Luddites to oppose the pace of exploring group options.


3 comments:

Roger Erickson said...

sure there's ongoing opposition, but it's been too little, too late, for decades now

"Worst policy mistake for a century": Chancellor's reckless austerity has had terrible consequences for ordinary people
http://www.mirror.co.uk/money/city-news/prof-david-blanchflower-chancellor-george-1449893

Roger Erickson said...

Meanwhile, Bernanke's determined not to explain a single thing, not one, stinking glimpse of reality.

"Ben S. Bernanke said an agreement on ways to reduce long-term federal budget deficits could remove an impediment to growth"
http://www.businessweek.com/news/2012-11-20/bernanke-says-fiscal-cliff-fix-may-bring-very-good-year

WHAT THE HELL? Can someone slip him a new set of cue cards? He keeps getting his deck shuffled at the wrong time. Worst card-trick performer since Greenspan. Ben can't seem to tell outright lies, like Greenspan, nor outright truth, like Mosler ... hence he wanders undecipherable in between the two.

Tom Hickey said...

Central bankers are supposed to be inscrutable. It's part of the job description. That way, no one can tell if they don't know what they are talking about, or whether they are talking nonsense.