Capitalism Redefined? .. Not Really

   (Commentary posted by Roger Erickson)



Two capitalists list capitalism's flaws ... can't make any plausible suggestions

For Democracy's Sake! Can't these guys just use ANY previously existing chemical system as a precedent model?

How about the trillions of biochemical model systems already existing?

Or the billions of physiological models?

Or even mathematical models of closed-loop, ecological systems?

Only naive, hopelessly anthropomorphic capitalists would say that capitalism is the greatest problem-solving system in history.

Capitalism is simply a crude, and very partial, VIRTUAL ACCOUNTING SYSTEM used in some human cultures. It's an accounting system that we're currently using as a crutch until better system instrumentation methods evolve, to allow more agile, real-time sensing, discussion, exploring and assessment behaviors among human aggregates. Capitalist accounting is simply a hack we use, AFTER THE FACT, to divvy up - productively or not - the spoils of group endeavors. There's a reason no army uses capitalism to manage it's operations. It doesn't work as a guide for group operations. Only as a hack for maintaining some some arbitrary degree of honour among a mob of thieves.

If any amoeba had to depend only upon capitalistic behavior among it's trillions of molecules to survive .... it wouldn't! Not for a minute. 

The highly regulated, coordination METHODS which are deeply programmed into the characteristics of ANY functioning aggregate, are those which are painstakingly selected through trial and error. It is NEVER every man for himself, which is what most people assume capitalism means. 

Bottom line is that cultural attributes are how we survive. Capitalism is just an arbitrary accounting methods which cultures use to track SOME, but not all, of their transactions. For example, we don't (always) overtly buy/sell citizenship, spouses, or babies - or even friends, or countless similar examples.

These guys must have been raised in an MBA or Finance school. They don't seem to know anything else.  As usual, they completely leave out any mention of the return-on-coordination, which is a given in the very definition of a social species, but isn't even mentioned in "capitalism."

And A Market-Culture Is A Projection Of All The Operations That Generate Economic Paradigms?

(Commentary posted by Roger Erickson)

[Simplified] Simulations back up theory that Universe is a hologram

The emerging paradigm they're talking about here is not just a fusion of not just the wave & particle duality of physical information. Rather, the authors are discussing fusing the Relativistic and Quantum-mechanic nature of our physics paradigms into one perceptual lens, and thereby modeling all data gathering whatsoever as effectively looking at a hologram constructed from all incident information.

Abstract stuff, but conceptually simple once you wade through the layers. Just reflects a large number of inter-dependencies, rather like a market or human culture.

So, by analogy, what's that make a human culture? A group-feedback-o-gram? Always one step short of a growing whole-o-gram?*

Makes you wonder where we keep the backup copy? :) (A hologram image, if erased, is re-created from the incident data that feeds it. In our case, our emerging behaviors and cultures are constantly rebuilt, from our ongoing operations, REGARDLESS of how we interpret them.)

And where does the universe keep it's backup! In it's fundamental operations too?

And how out-of-date is each whole-o-gram projection, at any one paradigm?

Believe it or not there is a simple, relevant message buried in this, for Jane & Joe Sixpack. To understand a human culture, we must understand the multi--component nature of group intelligence (the spectrum from dumb-to-genius nature of paradigms)?

Data is useless without context. 

Further, even context is useless without paradigm. (Ever look at an image and not see anything ... until you finally look at it the right way? Whole groups do that too. ESPECIALLY economists, it seems. They almost define those who refuse to look at the basic operations at all, let alone from diverse perspectives.)

What we see & do is a reflection of what we expect. 

Yet we have zero predictive power. Ergo, the only thing worth expecting ... is the value of resetting our individual and group expectations, without bias or prejudice. 

Emerging success and survival is a simple matter of accurately reflecting ALL emerging feedback?**

Comically, that is exactly the last thing most of us expect! And we're still actively training our offspring to BE that way.

Gag me with a restricted-paradigm. We're all Luddite's tomorrow.

* (for those who don't know, TJ called that a "more perfect union"-o-gram). It's an ongoing thing.

** (And re-projecting that whole-o-gram through our net actions? The whole-o-gram is in front of our faces all the time. We just have to keep dabbling our projections in it, and see which ones don & don't get burned. Those that do that fast enough, come square back to tripping over Darwin's paradigm of Adaptive Rate.)