Wednesday, September 7, 2011

Chaos Theory Economy?

I came across this post this morning while i was browsing before class, let me know your thoughts on it. Think i might bring it up in my polisci class.







There are now scientific proofs that if an economic system collapses, by a premeditated or not design, it will not damage most of us, actually it will have more of a kind of cleansing effect. I mean those systems that try to restrict the freedom and the movement will crumble and fall away. If we investigate the Chaos Theory we will come across the theory of Complex Adaptive Systems, a very recent science. When people get together and form an economy as large as the planetary economy, we have a system whose properties remained quasi-unknown until we have the tools that can analyze the behavior of the system. It is now known that the more the system is driven towards instability, the more likely it is that it will suddenly re-arrange into a higher level of order. These changes cannot be predicted or scripted, but they do occur. If we have a pile of sand forming from a trickle-feed up top, as the pile rises in height, it becomes more and more unstable and it enters into Chaos. When the chaos reaches its peak of instability, scientists have concluded that we cannot predict the speed and/or direction of movement of any particle in the system. The system takes on an unpredictable behavior where it acts as a whole and not as a sequence of individual grains. There is a sudden shift and the pile restructures itself. The pile does not simply collapse, it just changes its shape. There are many resources where we can research, but this is a good one to start with:complexity.orcon.net.nz/intro.html :
"A complex adaptive system is a complex system that has the ability to not only respond to the outside environment, but one that can adapt itself to become more efficient within its given environment: this is a system which can learn! All forms of life are complex adaptive systems. Plants grow towards the light, animals seek out food and humans work to develop themselves. Complex Adaptive Systems are formed by a number usually large of individual autonomous agents interacting intensely together, like human beings forming the global economy. This creates complex non-linear interactions that allow the emergence of new properties for the system that could not have been predicted beforehand. The new patterns are often system-wide. When human beings get together they form cultures and languages. " 
This body of information clearly shows us why "Bring Down the Internet" or “collapse the world's economy” could not happen because both, Internet and world economy, are complex adaptive systems. Each person has the potential to restructure the economy and as long as the sun rises and sets, birds fly, rain falls, trees grow we have the resources to continue to persevere. We are a complex adaptive system and no one on this planet have anywhere near as much control over that systems, even some people would like to believe this. Individuals, alone and/or grouped, are the key factor. It is a time when everyone must do his/her choices because it is no longer possible to be with both sides, with both opposites: duality here on Earth is arrived at its own very end and we live it just now. No one could rule in a complex adaptive system that is filled with independent, free-acting individuals, any one of which could have a massive and unprecedented cascading effect upon the entire system. We are experiencing it right now. So there is place for much hope!

13 comments:

  1. This is an interesting read.
    I think, if our monetary system collapsed, we'd be in trouble. People aren't good by default. You remember what happened in the UK? People need just a small step away from the rule, from the law, just a hint of anarchy, and they do bad things. :(

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  2. If our monetary system collapsed, we might be albe to move onto something better, like the Venus Project.

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  3. I had a good time reading this, very interesting!

    following :)

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  4. i don't know... i'm not sure that this all is corect, but it has some good points and points i dont believe

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  5. This certainly agrees with the notion that, generally, the greater the economic regulation, the less efficient the economy becomes. Plus, almost anything to do with Chaos Theory seems to me considerably more believable.

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  6. I imagine it would be something like returning to the barter system.

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  7. Very interesting blog buddy. An enjoyable read for sure. Following!

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  8. Meh. I'm moving to a forest and surviving with Bear Grylls' methods...

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  9. I can see how this applies to the current economic crisis. I believe adaptation is a given, once change is set upon. If someone tells me exactly how something will turn out, I have to call them out on it.

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  10. I can easily see widespread panic if our system fell.

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  11. love the southpark vid sometimes I feel thats how banks really work.

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  12. I will keep fixing pipes for food and sex. Sometimes for a haircut and clothes. Other times for booze and i will be cruising.
    Good read actually, i don't think the monetary system would disappear. And if the current one collapses another one would emerge. World isnt prepared for that kind of stuff.

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  13. whaha that sp episode is epic. But it they've made a good point, only a few people in the world only knows how it realy goes in the whole 'banking-economy-world'.

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