Charles Hugh Smith
April 4, 2017
You may have seen these charts before, but they tell the story of a middle class in decline.
For any system to endure, it must maintain a built-in capacity to self-correct: that is, it must generate accurate informational feedback about dangerous asymmetries and auto-correct with behavioral feedback.
This is true of ecosystems and enterprises as well as political/social systems.
Human systems can lose the ability to self-correct in three basic ways.
1. The information feedback is no longer accurate because self-serving interests manipulate the data to maintain whatever narrative/data-flow supports their power, wealth and income.
2. Self-serving interests limit any behavioral feedback that threatens their power, wealth and income.
3. Those in positions of responsibility who are tasked with managing behavioral feedback are no longer accountable, so the needed behavioral feedback fails.
Self-serving interests committed to protecting their power, wealth…
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