this post was submitted on 05 Jul 2023
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Sorry to do that, but I believe the world makes a lot more sense when viewed through the lens of punctuated equilibrium. It does not make things better, just makes the chaos more understandable.
The dot com bubble.
The housing bubble.
Basically every economic bubble all the way back to tulip mania.
The Arab Spring.
The changes in the USA post 9/11.
And most disturbing of all, the recent rapid swing of pretty much all environmental indicators into uncharted territory. Our biosphere may be heading into a phase of rapid change.
Nobody wants to change. It's hard and expensive. Until they have to because conditions have required it. Then they change as fast as possible to a new state that works in the new conditions so they can survive.