5 Matching Annotations
  1. Jun 2024
  2. May 2024
    1. The Law of Unintended Consequences is the only certainty of complex systems, and the biosphere of the planet is the most complex system we know of

      for - progress traps - transcending capitalism

      progress trap - transcending capitalism - As Stop Reset Go and Deep Humanity has consistently advocated: - https://jonudell.info/h/facet/?max=100&expanded=true&user=stopresetgo&exactTagSearch=true&any=progress+trap - there is an urgent need to establish a science of progress traps in order to develop a way to integrate systematically into all human activities. - It is a new field of research for risk analysis and praxis that is based on explicitly recognizing the difference between nature and human nature, between the fundamental nature of reality (emptiness / shunyata - https://jonudell.info/h/facet/?max=100&expanded=true&user=stopresetgo&exactTagSearch=true&any=emptiness and the symbolosphere we inhabit as humans which is inherently limited by our current reductionist way of knowing reality - Applying systems thinking and complexity is dependent on the explicit recognition of the gap between the inherent limitations of the evolutionary process of human learning which results from - human bias and which always produces - finite number of relationships which we use to make decisions upon and enact in the world

  3. Jan 2024
    1. we're not in the economy of the 1950s anymore. And we act as though we are, that finance is this productive force and it's building, it's building wealth. Well, for the most part, it's not. It's, there's so much financialization, so many financial assets, that they've become an extractive force. And a big piece of this 00:06:37 is that we're not really distinguishing between productive investments and speculative investments
      • for: quote - Marjorie Kelly, quote - finacialization, progress trap - financialization, progress trap - capitalism, speculative investing

      • quote: Marjorie Kelly

        • we're not in the economy of the 1950s anymore.
        • And we act as though we are, that finance is this productive force and it's building, it's building wealth.
        • Well, for the most part, it's not.
        • There's so much financialization, so many financial assets, that they've become an extractive force.
          • And a big piece of this is that we're not really distinguishing between
            • productive investments and
            • speculative investments
  4. Aug 2023
      • for: fossil capitalism, progress trap, intersectionality, social norms, social norms - waste, externalization, capitalism
      • title

        • Waves of Abandonment
          • The Permian Basin is ground zero for a billion-dollar surge of zombie oil wells
      • summary

        • a story that illustrates the intersectionality of fossil capitalism
          • progress trap
          • exploitation
          • tragedy of the commons
          • fossil fuel industry
          • gold rush
          • externalization
          • fossil capitalism
      • Comment

        • Yet another example of capitalism's tendency to externalize manifests at the most basic level.
        • The tendency to treat nature as an inexhaustable garbage dumping ground seems to be built into our culture's economic norms taught to us by most parents and society at large.
        • There are not enough parents that teach their children to love, respect and feel that they are an intrinsic part of nature.
        • The externalization our society teaches us in the form of destructive, widely-accepted social norms of waste such as::
          • having the concept of waste and garbage
          • garbage taken out once a week
          • waste bins everywhere
          • keep our backyard clean, but at the expense of trucking out our garbage to some unknown place
        • has been enculturated into us from early age
    1. I’m going to start with the U.S.; technology in the U.S. is caught up in American late-stage (or financialized) capitalism where profitability isn’t the goal; perpetual return on investment is. Given this, the tools that we’re seeing developed by corporations reinforce capitalist agendas.
      • for: corporate power, technology - capitalism, capitalism - exploitation, Danah Boyd, progress trap
      • paraphrase
      • quote
        • technology in the U.S. is caught up in American late-stage (or financialized) capitalism
          • where profitability isn’t the goal;
          • perpetual return on investment is.
        • Given this, the tools that we’re seeing developed by corporations
        • reinforce capitalist agendas.
        • Innovation will require pushing past this capitalist infrastructure to achieve the social benefits and civic innovation that will work in the United States.
        • China is a whole other ball of wax.
        • If you want to go there, follow up with me. But pay attention to Taobao centers.
        • We haven’t hit peak awful yet.
        • I have every confidence that social and civic innovation can be beneficial in the long run
          • with a caveat that I think that climate change dynamics might ruin all of that
        • but no matter what, I don’t think we’re going to see significant positive change by 2030.
        • I think things are going to get much worse before they start to get better.
        • I should also note that I don’t think that many players have taken responsibility for what’s unfolding. -Yes, tech companies are starting to see that things might be a problem,
          • but that’s only on the surface. -News media does not at all acknowledge its role in amplifying discord,
          • or its financialized dynamics.
        • The major financiers of this economy don’t take any responsibility for what’s unfolding. Etc.
      • author: Dana Boyd
        • principal researcher, Microsoft Research
        • founder, Data & Society