![]() Date: 2025-07-01 Page is: DBtxt003.php txt00002742 | |||||||||
Ideas ... Self Organizing Systems | |||||||||
COMMENTARY A bottom up self organizing system may well be more effective than a government or corporate top down authoritarian system ... but what exactly would such a system look like. In my view a self organizing system can emerge if the right metrics are used ... and it is clear to me that the money profit metric is totally inadequate. A better metric must include measures of how effective economic activity is in delivering social good as well as simply money profit. I have been concerned about the limits of money profit as a metric of performance in economic activities for a very long time, but it is only relatively recently that I started to appreciate that the way in which the monetary economy can be 'gamed' in many different ways for the benefit of relatively few and at the expense of almost everyone on the planet.
In general, what this means is that the power of big multinational banks and corporations is now unconstrained by anything ... and rarely by any national laws. This is a dangerous situation.
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