"Resilience is not the same thing as being static or constant over time. Resilient #systems can be very dynamic. Short-term oscillations, or periodic outbreaks, or long cycles of succession, climax, and collapse may in fact be the normal condition, which resilience acts to restore."
"And, conversely, systems that are constant time can be unresilient. This distinction between static stability and resilience is important. Static stability, is something you can see; it's measured by variation in the condition of a system week by week or year by year. Resilience is something that may be very hard to see, unless you exceed its limits, overwhelm and damage the balancing loops, and the system structure breaks down."
"Since Adam Smith, it has been widely believed that the free, competitive market i see one of these properly structured self-regulating #systems. In some ways, it is. In other ways, obvious, to anyone willing to look, it isn't. A #freemarket does allow producers and consumers, who have the best information about production opportunities and consumption choices, to make fairly uninhibited and locally rational decisions."
@Argus He also says that the alternatives like the happinessn index are also to be taken with a grain of salt. But maybe you can't turn the state of society and economy into just one number. How about we select several statistics?
The social network of the future: No ads, no corporate surveillance, ethical design, and decentralization! Own your data with Mastodon!