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His eyes on the black tie and clothes he asked with low respect: Is there any… no trouble I hope? I see you’re…

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The C.I.A. and F.B.I. didn’t stop 9/11, so now we have the Department of Homeland Security. Decades of government subsidies for homebuyers helped create the housing crash, so now the government is subsidizing the auto industry, the green-energy industry, the health care sector… (…)

This is the perverse logic of meritocracy. Once a system grows sufficiently complex, it doesn’t matter how badly our best and brightest foul things up. Every crisis increases their authority, because they seem to be the only ones who understand the system well enough to fix it.

But their fixes tend to make the system even more complex and centralized, and more vulnerable to the next national-security surprise, the next natural disaster, the next economic crisis. Which is why, despite all the populist backlash and all the promises from Washington, this isn’t the end of the “too big to fail” era. It’s the beginning.

{ Ross Douthat/NY Times | Continue reading }

Power-knowledge is a concept coined by the French philosopher Michel Foucault. (…)

Both power and knowledge are to be seen as de-centralised, relativistic, ubiquitous, and unstable (dynamic) systemic phenomena. Thus Foucault’s concept of power draws on micro-relations without falling into reductionism because it does not neglect, but emphasizes, the systemic (or structural) aspect of the phenomenon.

{ Wikipedia | Continue reading }





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