As Thomas Kuhn pointed out in his book, The Structure of Scientific Revolutions, the greatest resistance to change comes moments before the collapse of the reigning paradigm, when its defenders “devise numerous articulations and ad hoc modifications of their theory in order to eliminate any apparent conflict.” Kuhn’s interpretive model has helped me make sense of some of the things that no longer make sense. Lee McIntyre argues in his book, Post Truth, that evi- dence is now subordinate to ideology; what counts as true is what your side needs to be true. For- mer CIA analyst Martin Gurri observed that “Post-truth” culture was “closer to intellectual holy war than to critical thinking.” Today’s “clapback” culture is the ad hominem theatre of the absurd. Intellectual discourse now amounts to “owning” and “being owned.”
Your patient deconstruction is a lesson to us all. As a non-philosopher, observing persistent attacks from the intellectually undergunned I am reminded of the old legal maxim: "No case? Abuse prosecuting attorney." As for Bitcoin I can only think "Tulip Mania". And when challenged by "Austrian" analysis, for some reason I find it evokes heartless positivism on the one hand and corrosive anti-semitism on the other. I'm sure I'm wrong.
Well said, but there may be a classification problem in that you're describing only the human response? For the bitcoin concept itself I still prefer "Digital Tulips". :)
This is heady stuff, and along with Paul Krugman, you seems to be talking about the bubble economy -- not what most people are living with. So long as wealth serves itself, I guess we're stuck with it, philosophically and in reality. If the public ever gets its act together, that's all going to be hindsight, as in no more. Politically, a reversal might look pretty surprising to all the media who think they're reporting the real world. For sure, there's no future in it: climate change and overreach are in our laps, with no sign of abating. We have the opportunity to construct a public reality that serves us all, without all the song, dance, and jive that purports to be our "news". We could actually get what we need if we constructed the economy right, oriented to the actual public.
Saved this to read when I wake up, later! Far to complicated gir my poor tired brain to even contemplate comprehending until after a sleep/refresh!! However thank you for writing something worth contemplating for a change to the more common, soundbite type easier to digest non sense...
They operate from the Axiom that Governmental institutions are Bad and rationalize everything backwards from that — most importantly that Democracy is unworkable.
Amazing that we need Blockchain, AI, and indoctrination in Austrian economics to reclaim their supposed State of Nature.
Nice. You're really good at this. I'm not the economics maven that you are. But just the phrase 'bitcoin is hard money' makes my eyelid start to twitch.
As Thomas Kuhn pointed out in his book, The Structure of Scientific Revolutions, the greatest resistance to change comes moments before the collapse of the reigning paradigm, when its defenders “devise numerous articulations and ad hoc modifications of their theory in order to eliminate any apparent conflict.” Kuhn’s interpretive model has helped me make sense of some of the things that no longer make sense. Lee McIntyre argues in his book, Post Truth, that evi- dence is now subordinate to ideology; what counts as true is what your side needs to be true. For- mer CIA analyst Martin Gurri observed that “Post-truth” culture was “closer to intellectual holy war than to critical thinking.” Today’s “clapback” culture is the ad hominem theatre of the absurd. Intellectual discourse now amounts to “owning” and “being owned.”
Keep on keeping on
Your patient deconstruction is a lesson to us all. As a non-philosopher, observing persistent attacks from the intellectually undergunned I am reminded of the old legal maxim: "No case? Abuse prosecuting attorney." As for Bitcoin I can only think "Tulip Mania". And when challenged by "Austrian" analysis, for some reason I find it evokes heartless positivism on the one hand and corrosive anti-semitism on the other. I'm sure I'm wrong.
"As for Bitcoin I can only think "Tulip Mania"."
Well said, but there may be a classification problem in that you're describing only the human response? For the bitcoin concept itself I still prefer "Digital Tulips". :)
This is heady stuff, and along with Paul Krugman, you seems to be talking about the bubble economy -- not what most people are living with. So long as wealth serves itself, I guess we're stuck with it, philosophically and in reality. If the public ever gets its act together, that's all going to be hindsight, as in no more. Politically, a reversal might look pretty surprising to all the media who think they're reporting the real world. For sure, there's no future in it: climate change and overreach are in our laps, with no sign of abating. We have the opportunity to construct a public reality that serves us all, without all the song, dance, and jive that purports to be our "news". We could actually get what we need if we constructed the economy right, oriented to the actual public.
Well said, and very valuable. I particularly like "cult epistemology".
Much of what you said was way over my head but I loved reading it and when you said cognitive dissonance I understood! You are a warrior!🧐
Saved this to read when I wake up, later! Far to complicated gir my poor tired brain to even contemplate comprehending until after a sleep/refresh!! However thank you for writing something worth contemplating for a change to the more common, soundbite type easier to digest non sense...
💜🌶🧠🌶💜
They operate from the Axiom that Governmental institutions are Bad and rationalize everything backwards from that — most importantly that Democracy is unworkable.
Amazing that we need Blockchain, AI, and indoctrination in Austrian economics to reclaim their supposed State of Nature.
Nice. You're really good at this. I'm not the economics maven that you are. But just the phrase 'bitcoin is hard money' makes my eyelid start to twitch.