11:42The punch line is delivered quite casually at the end - he says "...we could easily reproduce the TNC network with a few simple rules. This means that its structure is probably the result of self-organization. It's an emergent property which depends on the rules of interaction in the system, so it's probably not the result of a top-down approach like a global conspiracy." Then a graphic with the words : Self-organisation vs Global Conspiracy.
By comparing the economic system to a termite mound, he dispenses with any individual intentions as causation, and implies that these 'scientific' studies can help change the system. It is naive to think that scientific evidence will help change the system without taking into account that the small percentage in control have no wish to change. They do very well out of the instability which is created by the system, and have every intention of keeping it that way, even if it means the destruction of the basis for human life on the planet.
Anna
---------- Forwarded message ----------
From: Dante-Gabryell Monson <dante.monson@gmail.com>
Date: Fri, Jan 31, 2014 at 6:58 PM
Subject: TedX : Studies on the Degree of Influence of Each Shareholder ( Metrics )
To: "econowmix@googlegroups.com" <econowmix@googlegroups.com>
video ( see around 9 or 10 minutes ) :http://www.ted.com/talks/james_b_glattfelder_who_controls_the_world.html1,813,868 Views
James Glattfelder studies complexity: how an interconnected system -- say, a swarm of birds -- is more than the sum of its parts. And complexity theory, it turns out, can reveal a lot about how the economy works. Glattfelder shares a groundbreaking study of how control flows through the global economy, and how concentration of power in the hands of a shockingly small number leaves us all vulnerable. (Filmed at TEDxZurich.)
James B. Glattfelder aims to give us a richer, data-driven understanding of the people and interactions that control our global economy. He does this not to push an ideology -- but with the hopes of making the world a better place
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