The debt crisis is attributable to “structural” causes, meaning the way the nation’s financing is structured over the next several decades, but also to political and economic causes, meaning both the way we make policy and the way we live and experience the marketplace for trade, credit and consumer purchases. So, we need to implement policies that make serious, sustainable corrections on all three fronts.
Stabilizing debt financing requires the least expensive cost of borrowing possible, i.e. a AAA credit rating and the reputation for 100% likelihood of on-time repayment. It is unhelpful and counterproductive to indicate that the US might not meet 100% of its obligations on time 100% of the time. The long-term solution has to be oriented toward making social services solvent, and reducing the costs of debt repayment.
Continue reading “To Solve the Debt Crisis, Rebuild the Middle Class”
All systems fail, all organized interactions are vulnerable to entropy, ashes to ashes, dust to dust. And at best, we are but stardust, a beautiful yet haunting explanation of our origins. Infused with light. Doomed to shadow. Whatever your spiritual beliefs, in the mortal physical realm, entropy is always interfering. The intellect often uses convenient conceptualizations to feel it is better understood or more secure, more real and lasting, than it is.
Remember: the only constant is change, so to oversimplify is to willfully strip ourselves of needed understanding, the power of intellect that can do the best work against entropy. To paint in broad strokes an entire universe of experience to exist only in dualities of black and white, up and down, matter and void, is to confuse simplicity with clarity, at our peril. While the best explanation is usually the simplest one, the truth is almost always more complex than we can perceive.
So, we are left to navigate a universe of traumas and disappointments we cannot just dismiss as signs of the wrong thing happening or the other side gaining temporary control over our otherwise pure and decent environs. Darkness and light are lies in that they are not so diametrically opposed as they pretend; there are better options for understanding what they mean. As R. Buckminster Fuller has written: “We have relationships, not space”.
Continue reading “Resilient Complexity versus Exposure to Entropy”