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View Diary: The Myth of the "Consensual" Marketplace (124 comments)

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  •  Yes, Human time sense is limited -shorter & longer (4+ / 0-)
    Recommended by:
    Troubadour, NoMoreLies, Kevskos, Simplify

    time frames are either too fast to register with our senses or too long term for most of us to comprehend the scale and inexorable nature of it mentally. Things appear unchanging when they are changing too fast for us to see because they are too small for unaided eyes or changing so slowly they seem permanent.

    So we are condemned to inhabit the same wide slow economic and generational swings, empires, belief systems, recurring patterns of corruption and exploitation again and again... with the oldest becoming either too jaded or too fearful or too forgetful or weak to do enough to smooth out the oscillations enough.

    Like the apparently flat earth we seem to inhabit an unchanging landscape with climate change or huge economic factors are just as inconceivable as a round world used to seem.

    As Edward Teller (hiss) once said about a parallel to this:

    .... The extinction of the human race will come from its inability to EMOTIONALLY comprehend the exponential function."

    But I would add that for most it is un-comprehended intellectually as well... So it is that moving, evolving, non-static things tend to exponential outcomes or elaborations that are off the awareness map... seeing the whole process and all the main alternate outcomes... the gestalt, aware of the full forest and its ecology instead of being experts on isolated freeze frame trees allows much more than accidental survival and instead allows conscious avoidance of destructive extremes...

    But the myopic money grabbers who control our economic landscape only see immediate choices to grab or be thwarted in a limited static set of options... and act to enforce the immediate grabbing and to control the limited set of options they are aware of.

    Pogo & Murphy's Law, every time. Also "Trust but verify" - St. Ronnie (hah...)

    by IreGyre on Sun Mar 24, 2013 at 11:22:47 AM PDT

    [ Parent ]

    •  "comprehend the exponential function", how true. (3+ / 0-)
      Recommended by:
      Troubadour, IreGyre, Simplify

      Would you rather have $5,000 or a penny doubled each day for a month?

      -- We are just regular people informed on issues

      by mike101 on Sun Mar 24, 2013 at 02:29:28 PM PDT

      [ Parent ]

      •  That surprised even me. (2+ / 0-)
        Recommended by:
        mike101, Simplify

        I knew a penny doubled each day for a month would end up being substantial, but I didn't expect it would work out to over five million dollars.

        Business doesn't distinguish between making money and taking money.

        by Troubadour on Sun Mar 24, 2013 at 02:48:36 PM PDT

        [ Parent ]

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