Complexity and systems thinking

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A community for discussing the theory and practice of complexity and systems thinking, in any domain.

https://en.wikipedia.org/wiki/Systems_thinking

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Complexity economics - Wikipedia (en.wikipedia.org)

submitted 1 year ago by naught101@lemmy.world to c/complexity@lemmy.world

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Complexity economics is a heterodox alternative to neoclassical and mainstream economics, that starts with an assumption of complex system dynamics, and attempts to model economic system behaviour from that.

From the page:

Complexity economics is the application of complexity science to the problems of economics. It relaxes several common assumptions in economics, including general equilibrium theory. While it does not reject the existence of an equilibrium, it features a non-equilibrium approach and sees such equilibria as a special case and as an emergent property resulting from complex interactions between economic agents. The complexity science approach has also been applied to computational economics.

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[–] AcidiclyBasicGlitch@sh.itjust.works 1 points 1 month ago

I guess new system, but a lot of the same behavior as the old one. As in end of U.S. federal government, end of or at least greatly reduced power for traditionalist oligarchs, and whatever the former U.S. looks like as officially just a confederacy/network of techno fascist territories.

Main difference seems to be no federal reserve and the claim that crypto based economies would decentralize banking in the future controlled by the new technology centric oligarchs. But it seems like it will just be decentralized the same way control of each territory.

It's not a federal government, but most resources are privately held and wealth will remain in the hands of whatever corporation or oligarch controls that particular territory. Didn't Theil or Yarvin call them something like techno monarchies?

So what keeps the next line of humans or machines from taking advantage of the societal turmoil caused by the greed of the new oligarchs, and attempting a new butterfly revolution?