Yet, which belief gets ridiculed, and which ones gets deeply centered in everything from the social calendar to tax policy to social-distancing exemption policy? Merry covid-spreading Christmas.
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To return to my plane example: Is it unfair that some assholes occupy too much overhead bin space? Yes. Is it unfair that tall people have to be cramped in their seats? Yes. That doesn't mean any of it is central to how planes fly.
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To return to my original point of departure for this rant -- why DON'T we have maps of financial fallout damage the way we do wildfires or bomb damage? Why is our situation awareness of what is actually happening so shockingly bad?
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Why are we unable to place debate about economic damage vs. fatalities on a firmer empirical footing by actually mapping patterns of economic damage on balance sheets even though buildings are still standing? Because we are "human centric" egotists who think we are the center.
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It's not all bad -- some of the data IS available, and mapping it all IS far harder than mapping geography. My beef is with the attitude that it is immoral to take it seriously and try because of course everybody already knows the "right" answer.https://twitter.com/vgr/status/1341118955449028609 …
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Like this recent stimulus bill. 90% of the commentary is on a) the inadequacy of the $600 checks, b) the fact that they shoved in the 3-martini-lunch tax break to get the deal done.
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The fact that they mostly stiffed city/state governments is a footnote. Actual financial bomb damage -- like small airports getting big windfalls and critical infrastructure big airports in the financial ICU, is being ignored because we don't have maps/situation awareness.
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Yes I understand this is still a triage-style bill. Yes I understand there is a lot of need for band-aids before people can even think beyond their next meal. But there is a deep reluctance to even think about the nature of the damage and what long-term recovery might entail.
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We do not want the development and deployment of the vaccine to be the last heroic thing the crippled global system does for what are essentially its human intestinal biota.
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There should be a name for this syndrome of believing "if we built it, we must be the center of it." "Built" does a lot of work in the conceited relationship of humans to the "built" environment they merely had a small role in catalyzing the emergence of.
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"Technology is just a tool," and "markets should serve humans" are propositions that emerge from unexamined, uncritical, self-important anthropocentricity. The artificial world is vastly more emergent than we think. It needs to be studied, understood, and related to like nature.
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Herbert Simon/Sciences of the Artificial vector of thing is unacceptably primitive still. That shit hasn't moved since 1970 and vague noises about "weakly coupled systems" and other chart-porn bs from the first pass 50 years ago.
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I'm gonna call my new religion Stackocentrism. Things revolve around the stack, not around the humans. Whatever your mental model of the stack, stackocentrism is still a better mental model than human-centrism.
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If we had a proper map of the leviathan, every balance sheet in the world would show up as safe/burning, and the topology would reveal systemic risk. A financial fire department would descend and put out the fire, do control burns etc.
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The public balance sheet would add an equity stake in the rescued org in proportion to the disproportionate benefit to the “owner.” The less you matter to system survival, the lower your priority, and the higher the stake taken in exchange for rescue if you do get rescued.
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Bailouts are not a bad thing. We live with imperfect knowledge in an uncertain world, with complex patterns of risk coupling. We just need a science of bailouts. A financial equivalent of disaster preparedness and response capability. Instead of processing through a moral lens.
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A stupid thing about human-centric thinking is that every failure becomes a moral failure and the calculus of blame, reward, punishment, and justice becomes the theology of system repair. One reason is we use money allocation (both market and planned) as primary fix mechanism.
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It’s not a bad mechanism, but it has the unfortunate property of also being the primary enabler if individual human quality of life. It’s almost like we need different monetary systems for humans vs the system.
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Otherwise it leads to thinking Bill Gates lives 120 billion times better than average burger-flipper simply because he has a 120 billion times the net worth of the median person with no assets. Most of that money is Stack fuel. He probably only is 10-1000x happier than you and me
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Enterprise money vs consumer money? Not a bad idea actually. Things like food stamps get at that. As do things like earmarked capital equipment grants to industries. Separate power money from survival-and-hedonism money. Bread-and-circus bucks vs. infrastructure bucks.
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Financialization would actually be a good thing if it included almost everybody in its logic, and encoded what everybody knows about the system. It’s currently terrible because it reflects a tiny minority view of how the world works. A bunch of 0.1% idiots trading green lumber.
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End of conversation
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