Re: Occupy Movement: First Fruit - Paradigm Shift
Just saw this from a review of Taleb's recent presentation at The Royal Society...
http://curiouslypersistent.wordpress...antifragility/
"Uncertainty makes mistakes costly, and thus both businesses and governments should remain small. Taleb suggested that if Tesco suddenly ran into difficulties then the government would have to bail out a supermarket. He feels the government should only intervene in things that can’t organise organically, and is thus advising the government on how to make its institutions smaller (such as splitting the NHS into localised, autonomous units)."
So, if this review is accurate, Taleb is promoting:
(1) small (smaller institutions)
(2) organic (self-organized) institutions
Looks to me like Taleb is an advocate for society organized in alignment with Complexity Theory. Obviously, I'll have to dig further, but just found this initial find/read of interest and telling.
Just saw this from a review of Taleb's recent presentation at The Royal Society...
http://curiouslypersistent.wordpress...antifragility/
"Uncertainty makes mistakes costly, and thus both businesses and governments should remain small. Taleb suggested that if Tesco suddenly ran into difficulties then the government would have to bail out a supermarket. He feels the government should only intervene in things that can’t organise organically, and is thus advising the government on how to make its institutions smaller (such as splitting the NHS into localised, autonomous units)."
So, if this review is accurate, Taleb is promoting:
(1) small (smaller institutions)
(2) organic (self-organized) institutions
Looks to me like Taleb is an advocate for society organized in alignment with Complexity Theory. Obviously, I'll have to dig further, but just found this initial find/read of interest and telling.
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