4 ms·
It is not about the steady state being unstable on its own, it is about how easily it can be brought out of equilibrium with a very small force (of a hand full
by WanderPanda 3y ago
It is not about the steady state being unstable on its own, it is about how easily it can be brought out of equilibrium with a very small force (of a hand full of people). An inherent flaw in the centralized nature of such a system
- nine_k 3y agoHow easily Saudi oil industry could be brought out of its equilibrium? How easy was it to do that for Kuwaiti oil industry, and how long did it last? When enough interests are aligned, equilibria stay pretty steady, exactly because there are several powerful interests.
- intrasight 3y agoIt wouldn't be centralized