"System change is now inevitable. Either because we do something about it, or because we will be hit by climate change. '...

"We need to develop economic models that are fit for purpose. The current economic frameworks, the ones that dominate our governments, these frameworks... the current economic frameworks, the neoclassical, the market frameworks, can deal with small changes. It can tell you the difference, if a sock company puts up the price of socks, what the demand for socks will be. It cannot tell you about the sorts of system level changes we are talking about here. We would not use an understanding of laminar flow in fluid dynamics to understand turbulent flow. So why is it we are using marginal economics, small incremental change economics, to understand system level changes?"

Saturday, March 31, 2007

Bambi vs Godzilla

"Law, politics and commerce are based on lies. That is, the premises giving rise to opposition are real, but the debate occurs not between these premises but between their proxy, substitute positions. The two parties to a legal dispute (as the opponents in an election) each select an essentially absurd position. "I did not kill my wife and Ron Goldman," "A rising tide raises all boats," "Tobacco does not cause cancer." Should one be able to support this position, such that it prevails over the nonsense of his opponent, he is awarded the decision. ...

"In these fibbing competitions, the party actually wronged, the party with an actual practicable program, or possessing an actually beneficial product, is at a severe disadvantage; he is stuck with a position he cannot abandon, and, thus, cannot engage his talents for elaboration, distraction, drama and subterfuge."

David Mamet in "Bambi vs Godzilla: Why art loses in Hollywood", Harper's, June 2005.

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