3 ms·
Concur, but from a control systems point of view. Any system that does not define upper/lower limits and does not address feedback loops, are prone to oscillati
by hliyan 1y ago
Concur, but from a control systems point of view. Any system that does not define upper/lower limits and does not address feedback loops, are prone to oscillations, and if the size of the system grows over time, the oscillations can become progressively more violent.
Our socioeconomic/political systems currently do not define any hard upper or lower limits on its primary driver (economic power) and does not address feedback loops (e.g. more capital availability -> larger scale -> more economies of scale -> more market share -> more capital -> more scale).