@kazharding
3 months ago
I think it's weird to think how democracy is so highly valued especially in developed nations, and yet the economic system---the system that dictates most areas of our lives---is not democratized.
@jse-shack825
2 months ago (edited)
I always loved self-regulating systems. Originally from engineering, these systems can be found in sociological environments as well.
An example: Split a piece of cake between two children fairly. If you do it, they will complain abut you not being fair, regardless of what you do. To avoid this, you present them with a knife and say: "one of you cuts the piece and the other one is first in line to choose one of the halves". The child cutting the cake is now forced to think, assuming that the other one will take the larger one if the halves are not the same size. It will therefore split the piece exactly in half and both will agree that they were treated fairly.
Capitalism has the opposite effect: It's an instable system, in which wealth enables the growth of more wealth, which enables the growth of more wealth and on and on, even though our real resources are finite. Until somebody comes up with an intrinsically self-regulating system, I don't see much change happening.
Due to popular demand: guys, i get it. We all scroll down after watching this video, emotionally charged and most likely anxious about the future, understandably so. I did not provide an analogy. None of these children nor the parent are a metaphor for states, companies or the common person, they were a real example taken from pedagogy to underline self-regulating mechanisms using a parent-children dynamic as example. If we can put our heads into creating a real self-regulating system within politics and/or economics, then we might spark a chance of changing things for the better.