The Flow Of Chaos & Order

There are many ways of looking at the ongoing credit crisis. Here's my philosophical attempt.

It begins with an accusation that traditional way of looking at economics - does not take a historical and cultural superstructure into account. That economics operates within this structure is what I want to elaborate.

No matter how systematically you shuffle the cards - the bold and the sharp (powers)- will game the system and create structures that tilt the advantage to themselves. This spiral of advantages will result in a flow of resources to the current powers - and create a period of order. The end of the orderly period is a spike of 'more of the same' game is played till boundry conditions are violated and something collapses.

In a way it is like water droplets on an oily surface - that often changes its tilt. Every tilt change will realign the drops to some other configuration.

The tilt change is a superstructure change - depending on 'how oily' the surface is there will be a quick of slow process of realignment.

I believe western colonialism till they acquired world dominance & resulting spike in all 'players' playing the same game resulting in conflict - and a 'tilt' ended one phase. The communist revolution started another tilt that spiked when they reached a boundry condition of instability because of 'too much of the same'.

The US carried this on the other side - with capitalism as the 'Oily surface'. And I believe Capitalism and Open Society are SO OILY that quick realignments and spikes happen in such societies.

And I believe each super structure is a reaction to the last few superstructures in memory. Like the current humanistic, open superstructure is a result of atrocities of last century. From peace to war- the move will arrive.

To summarize the forces of change

1. The tilt
2. The oiliness
3. The waterdrops

create a play of ordering and reordering of the playing field. The shifts in the tilts come from within the game. Occassionally the whole game tips over out of a global boundry condition called iceage, apocalypse or any other divine names.

The same analysis applies in evolution of industries and competitive landscapes.