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It's rational at the individual level, irrational at the group level. The issue is you can't easily enforce cooperation without some external overarching force
by alnxdrawr 1mo ago
It's rational at the individual level, irrational at the group level.
The issue is you can't easily enforce cooperation without some external overarching force (e.g. regulation), especially across competing powers.
Refer to nuclear arms race in general. A specific example on why not to be the only one to cooperate: Ukraine gave up nukes in order to push for group level rationality, gets walked over as an individual. Oversimplifying, but yeah that's the rough point.
Meditations on Moloch is a favourite of mine on this (albeit very depressing): https://www.slatestarcodexabridged.com/Meditations-On-Moloch https://www.slatestarcodexabridged.com/Meditations-On-Moloch
- jaggederest 1mo agoSomething in the ballpark of a Nash equilibrium. Kinda amazing how often you run into those things, in situations like groupthink.
- bewareofscams 1mo agoThis linked moloch essay caters to pseudointellectuals and uses a lot of words to do one thing: absolve the evil people of any responsibility. Instead of wasting a potential reader's time, here's a way better framing: "The Earth is not dying, it is being killed, and those who are killing it have names and addresses."
- alnxdrawr 1mo agoI appreciate that and even agree, but what are we to do about it? Revolt? I'll let you be the first one to start.. (hence why its depressing to me)
- pasquinelli 1mo ago> It's rational at the individual level, irrational at the group level. no, it's irrational at the individual level too, because it will cause more harm than good to the individual firms. it's in the short-term that the cost savings are had; the demand destruction is long-term and outweighs the cost savings. that's what the abstract says. the only issue i have is insisting on calling that rational. it's like saying eating all the seed corn is rational if you can eat most of it yourself. in the moment you're winning, so it's rational. but tomorrow everyone has none. why do we call that rational? why do we torture the word rational rather than phrase it as competitors are in some ways incapable of acting rationally?