Complaining About Your Own Clerks Is A Symptom Of A Failed Aggregate.

   (Commentary posted by Roger Erickson)

I sympathize, but that complaint is so overly simplistic that it hurts more than it helps.

It is sellers who offer credit to buyers who pay over time, and with diverse substitutions.

That's how we create the increasingly complex transaction chains called an aggregate economy. 

For the most part, banks just denominate those credits & debits, although they often act as publicly "licensed" middle-men or market-makers who manage distributed liquidity on behalf of the public at large. 

Denominating distributed credit & dynamic liquidity is a necessary but not sufficient part of continuously increasing our cultural adaptive rate. Don't even think of throwing that baby out with the bathwater.

Bankers are accountants for the electorate. They are simply clerks who manage our books for us. It's up to US to regulate their behavior and pay.

An aggregate complaining about it's clerks is exactly like bad parents complaining about the behavior of their own kids.

Face it. If our aggregate is dissatisfied with their own servants, both the problem and solution are visible in the aggregate mirror. So just look closer, and help regulate this aggregate's own behavior.

Complaining about YOUR OWN CLERKS is a symptom of a failed aggregate. The solution is always to examine your group's own state of distributed organization, and come up with a way to coordinate on an even larger scale.

Look no further than your own mirror. Continuously finding new methods, for continuously scaling up all the expanding features of an adaptive culture ... well, that task is up to us, not anyone else.

When you look in your mirror, do you see only the static components and static values? That's just what was already produced yesterday.

Look closer and longer and, upon reflection, discern the return on coordination and the many dynamic values, already present, plus those which are always newly emerging.

Once you can recognize dynamic value, it should be obvious how to re-regulate bankster behavior and more optimally manage the behavior our lowly bank clerks. Just start acting like a co-owner ... of democracy. If YOU don't act like an owner, don't expect your lowly clerks to not act like they own you.

Forget Free Money Day. I Declare Increase Output Day!

commentary by Roger Erickson

I just read about Free Money Day, held on September 15th, organized by the Post Growth Institute.

They sound well meaning but operationally naive.

However, it might be noticeable if the 1% endorse it in spades! :)

Seriously though, why should any evolving species EVER endorse a "post growth" initiative. What is that? Hibernation? An Ice Age? Death?

What if prokaryotes had endorsed that concept 3.5 billion years ago? Or if any idiots had, at any time throughout the intervening history, right up to the formal definition of Luddites?

Answer: they would have INSTANTLY been run over by some other evolving "truck," without ever even getting the license plate!

I guess the proper definition of "post growth" = lunch.

I'm going to suggest an Increase Output Day instead, where people just get together to do insanely great things, and challenge themselves to AUTOMATICALLY denominate - with scalable agility - all the unpredictable transaction chains incidental to the options they explore.

  The point will be to focus on our REAL OPTIONS, while making all of accounting a simple automatic stabilizer.  Maybe a Fed-app on Android phones?  Hell!  The app could even spout a stream of inscrutable nonsense - just to warn anyone from ever again failing to see the reality for the coincidental accounting.

ps: Where's Will Rogers when we need him more than ever? We need a robotic density detector, constantly flailing it's arms & screaming "Danger, Will Rogers!" "Danger, Will Rogers!" every time the level our discussion in the most distributed levels of our electorate becomes lower than we could hope to survive. Can we extract the tiny parts of Dick Stockton's brain that are actually useful, now that it's in it's post-growth phase, graft it into such robots, and use them to maintain distributed awareness? Sounds like a great student challenge.