class I took on Crisis Engineering from Layer Aleph, on how organizations facing an existential crisis either swiftly transform themselves into a more functional form, or they fail and become even more dysfunctional.
Crisis engineering by Layer Aleph
But crises precipitate change. Remember when another mad emperor – Vladimir Putin – invaded Ukraine, and Europe experienced a dire energy shortage? In three short years, the continent's solar uptake skyrocketed. The EU went from being 15 years behind in its energy transition, to ten years ahead of schedule.
True? Did we see acceleration in solar since early 2022, shortening the timeline with 10 yrs? What was the sched anyway?
for: elephants in the room - financial industry at the heart of the polycrisis, polycrisis - key role of finance industry, Marjorie Kelly, Capitalism crisis, Laura Flanders show, book - Wealth Supremacy - how the Extractive Economy and the Biased Rules of Captialism Drive Today's Crises
Summary
meme
Which is exactly what you do in the book. And what did you find? - So what I do, I take apart the operating system of capitalism, which is, and I look at seven myths, really that drive it.
for: book - wealth supremacy - 7 myths, 7 myths of Capitalism, capital bias, definition - capital bias
DESCRIPTION: 7 MYTHS of CAPITALISM
quote: Laura Flanders
Thorp, H. Holden. ‘Gradually, Then Suddenly’. Science 370, no. 6517 (6 November 2020): 639–639. https://doi.org/10.1126/science.abf5396.
Patel, M. (2021). Test behavioural nudges to boost COVID immunization. Nature, 590(7845), 185–185. https://doi.org/10.1038/d41586-021-00329-z
ReconfigBehSci. (2021, February 13). RT @NatureNews: We need to start learning now how best to ‘nudge’ people to receive their vaccinations. Https://t.co/vTmKpqizuU [Tweet]. @SciBeh. https://twitter.com/SciBeh/status/1360900272269197312
As Matt Taibbi observed way back in 2009 in the midst of the previous bailout, “By creating an urgent crisis that can only be solved by those fluent in a language too complex for ordinary people to understand, the Wall Street crowd has turned the vast majority of Americans into non-participants in their own political future. There is a reason it used to be a crime in the Confederate states to teach a slave to read: Literacy is power. In the age of CDS [credit-default swap] and CDO [collateralized-debt obligation], most of us are financial illiterates. By making an already too-complex economy even more complex, Wall Street has used the [2008] crisis to effect a historic, revolutionary change in our political system – transforming a democracy into a two-tiered state, one with plugged-in financial bureaucrats above and clueless customers below.” [10]
Great quote.
Aizenman, Joshua, Yothin Jinjarak, Donghyun Park, and Huanhuan Zheng. ‘Good-Bye Original Sin, Hello Risk On-Off, Financial Fragility, and Crises?’ National Bureau of Economic Research Working Paper Series, 23 April 2020. https://www.nber.org/papers/w27030.
ound," they are usually created.
Depends which kind of rhetor you are. For this example, if you are say the government official that is involved in this situation, the case could be made that the situation was created. But, if you are a reporter or some media employee, chances are you "found" the situation and translated to the public. At the same time, that's also the literally sense of found, which most likely isn't the meaning here.