Self-Organizations
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Self-Organizations
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Re: Self-Organizations
#2The "free market" doesn't exist because the economy is governed by rules established by governments and rules between governments in extension.
Cryptocurrencies right now are a speculative trading tool and store of value for others (very volatile at that), but I think that the cryptocurrencies that will really take off and seep into the mainstream are the government digital currencies currently being worked on (China is set to start testing the digital Yuan soon if not already).
My point is that nothing is ever truly free because nothing is ever by itself in a vacuum. You have to interact with outside forces and follow certain rules - natural or otherwise.
Re: Self-Organizations
#3Natural phenomena amazing as they are aside... The "free market" doesn't exist because the economy is governed by rules established by governments and rules between governments in extension. Cryptocurrencies right now are a speculative trading tool and store of value for others (very volatile at that), but I think that the cryptocurrencies that will really take off and seep into the mainstream are the government digi…
Re: Self-Organizations
#4But more seriously, imo, it is an error to conflate permanent organizational perches of top-down systems (“leader”) with command and control networks and ‘critical nodes’.
In context of considering bottom-up, self-organizing system, it is important to note that order increases, and ‘organization’ is a neutral term. Critical nodes may (temporarily) emerge.
There is also nothing fundamental in the bottom-up organization process that inherently precludes the emergence of a hierarchy.
Re: Self-Organizations
#5The invisible hand is quite visible nowadays and it's Protegé the shareholder doesn't help much with anything right now. And don't make me start with the Soviet union :)
Regarding linux.. I'd love to read some pro and contra arguments. I've yet to see any human group larger than ~10ppl to self organize. We usually organize by leader picking/detection and delegation, coz we have trust issues.
Re: Self-Organizations
#6Natural phenomena amazing as they are aside... The "free market" doesn't exist because the economy is governed by rules established by governments and rules between governments in extension. Cryptocurrencies right now are a speculative trading tool and store of value for others (very volatile at that), but I think that the cryptocurrencies that will really take off and seep into the mainstream are the government digi…
[1] https://www.dnb.nl/en/news/news-and-archive/dnbulletin-2020/...
Re: Self-Organizations
#7Natural phenomena amazing as they are aside... The "free market" doesn't exist because the economy is governed by rules established by governments and rules between governments in extension. Cryptocurrencies right now are a speculative trading tool and store of value for others (very volatile at that), but I think that the cryptocurrencies that will really take off and seep into the mainstream are the government digi…
Re: Self-Organizations
#8Markets, in general, can be seen as moving toward an incalculable equilibrium (at least not calculable in less time than it takes to reach). There is not a single equilibrium, though. As time goes on, people are born and die, trends and preferences change. If you could calculate some optimal state as of the end of 2019 and name it as "equilibrium", that would be different than the optimal state as of the end of 2020 (and different (and likely without some continuous transition function) in the full duration between these points).
Re: Self-Organizations
#9Picking a nit, the article claims that a free market works only in equilibrium. This is a spherical cow in a vacuum view of economics. Markets, in general, can be seen as moving toward an incalculable equilibrium (at least not calculable in less time than it takes to reach). There is not a single equilibrium, though. As time goes on, people are born and die, trends and preferences change. If you could calculate some…
(But it could be a pretty falsehood: not an economist.)
Re: Self-Organizations
#10I’ll be that guy to point out that bees have a queen. But more seriously, imo, it is an error to conflate permanent organizational perches of top-down systems (“leader”) with command and control networks and ‘critical nodes’. In context of considering bottom-up, self-organizing system, it is important to note that order increases, and ‘organization’ is a neutral term. Critical nodes may (temporarily) emerge. There is…
The "queens" are gonad not brain.