Hollow States and a Crisis of Capitalism

The idea is simple.  That capitalism, as it works today is failing.  It lunges from crisis to crisis, each with increasing severity and duration.  Ceteris paribus, we are headed for a decade long economic depression. The decision makers, large financial corporations, collectively, represent a very small number of decision making loops.  This small group, combined with adherence to a rigid ideology increasingly divorced from reality, has inevitably made bad decisions, regardless of how much technology and decision support they could afford.  They were outpaced by a huge, extremely complex, and rapidly evolving environment. These financial ziggurats are now crumbling to dust and with it our global economy.   A long and grinding economic depression and hollow states await below.  So, now we now sit on the edge of the abyss, a real crisis of capitalism.  An event potentially so momentus (worse than the depression of the 1930’s), that it has the potential to collapse the last great ideology.

Read

Advertisements

About Giorgio Bertini

Director at Learning Change Project - Research on society, culture, art, neuroscience, cognition, critical thinking, intelligence, creativity, autopoiesis, self-organization, rhizomes, complexity, systems, networks, leadership, sustainability, thinkers, futures ++
This entry was posted in Capitalism, Crises and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s