Global Economic Intersection
Advertisement
  • Home
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitIQ
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
  • Home
  • Economics
  • Finance
  • Politics
  • Investments
    • Invest in Amazon $250
  • Cryptocurrency
    • Best Bitcoin Accounts
    • Bitcoin Robot
      • Quantum AI
      • Bitcoin Era
      • Bitcoin Aussie System
      • Bitcoin Profit
      • Bitcoin Code
      • eKrona Cryptocurrency
      • Bitcoin Up
      • Bitcoin Prime
      • Yuan Pay Group
      • Immediate Profit
      • BitIQ
      • BitQH
      • Bitcoin Loophole
      • Crypto Boom
      • Bitcoin Treasure
      • Bitcoin Lucro
      • Bitcoin System
      • Oil Profit
      • The News Spy
      • Bitcoin Buyer
      • Bitcoin Inform
      • Immediate Edge
      • Bitcoin Evolution
      • Cryptohopper
      • Ethereum Trader
      • BitQL
      • Quantum Code
      • Bitcoin Revolution
      • British Trade Platform
      • British Bitcoin Profit
    • Bitcoin Reddit
    • Celebrities
      • Dr. Chris Brown Bitcoin
      • Teeka Tiwari Bitcoin
      • Russell Brand Bitcoin
      • Holly Willoughby Bitcoin
No Result
View All Result
Global Economic Intersection
No Result
View All Result

Commodity Fetishes and the Cultural Adaptive Rate

admin by admin
August 13, 2012
in Uncategorized
0
0
SHARES
17
VIEWS
Share on FacebookShare on Twitter

by Roger Erickson, Mike Norman Economics

Matt Frank has asked me:

“Have you ever come across behavior in any other primate species (other than certain humans of course) that is equivalent to what Marx termed from the secular point of view ‘commodity fetishism?’ “

Yes and yes.

Short answer:

crow-and-shiny-object-150-x-214That’s essentially what Adaptive Rate is all about. We’ve learned to be very conservative about moving on to new habits only after exhaustively testing them for unpredictable failures.  Our deepest goal is to change as fast as is safely possible, but no faster.  Fact is that we need both conservatives and liberals, plus everything in between.  We should always let liberals slowly scale up “free innovation zones,” and we should always have our conservative base carefully selecting from all the liberal innovations – the sooner the better for both. The two should acknowledge one another and work in patient symbiosis – not at cross purposes.  There is no point of stability in the world that is not a dynamic equilibrium between multiple, continuous spectra of conflicting forces.  The brilliant thing about dynamic equilibria is that they are nearly invulnerable because all the conflicting forces are so strongly buffered.  Nearly ANY sling or arrow of outrageous fortune will be absorbed and only cause them to adapt – where a simple, rigid system would shatter and be utterly destroyed.

Long answer:

Initially, yes – species, from crows to rats to crustaceans hoard away shiny things, from glass beads to bottle caps and jewelry.  The proposed explanations for the large number of species-specific observations vary from the ridiculous to the sublime. Best for readers to google the topic themselves.

Even further yes – if you consider any given metabolite or even a cultural “transition-state” as itself a commodity.

Once seen that way, every step in learned molecular, biochemical & cultural aggregates has passed a given stage of associative learning, by trial & error accumulation of positive feedback reactions that reinforce the “initially recognized” and then “expected” path to a worthwhile return. Expectation is simply a statistical threshold when plotting the ratio of positive/negative feedback loops.  Think of all the variations of Pavlov’s dog, then scale that up to Pavlov’s culture.  Both a dog and a nation are cultures, one is a culture of cells, the other a culture of humans.

However, none of these learned associations in any type of culture have ever satisfied all of these three conditions simultaneously:

1) guarantee 100% association in any given context;
2) guarantee continued association across changing contexts;
3) guarantee optimal return in any or all contexts.


Example:

Humans went from the Stone Age to the Copper Age to the Bronze Age to the Iron Age to the Age of Reason .. and on to that subtle transition from the Gold-Standard Age to the dynamically scalable Public Initiative Age. A more interesting question is why it took us this long to make those transitions. We prolonged a fetish to each set of conditioned habits, before repeatedly moving on, [eventually] … each time moving on to briefly adopt a new fetish for a new association while we are learning it!


There isn’t any known example of associative learning that can be proven to be the last. There are ALWAYS more options to explore and lessons to learn.

It’s the speed of transitioning – between the old and the newly discovered, optional associations that counts. That’s what we call “adaptive rate.”

We’re in the middle of an adaptive-rate race. We’ve estimated it’s been continuing on Earth alone for at least 3.5 billion years … and will continue for an essentially unlimited time (as far as we know). The only thing we can count on is continued change .. and our ability to adapt to it (faster than others).

How quickly we explore our expanding “Options Space” is what will either keep humans at the forefront of evolution on Earth – and the USA in the forefront of that forefront – or relegate humans to just another species that a better one will stand upon and advance beyond the human frontier.  In the process, will we relegate the USA to being a nation of neoLiberal Luddites that more advanced cultures will stand upon?  Or do we want to continue leading that race?


Related Articles

More by Roger Erickson

 


roger-erickson

About the Author

Roger Erickson is a systems entrepreneur based in Maryland. He worked for years in neurophysiology system research, at the Humboldt Stiftung, MIT, Yale, and NIMH before becoming more interested in community, business and market systems. Roger’s newest interests are being pursued through several startups, as well as pilot agriculture commercialization projects with the USDA.


Previous Post

Global Macro Strategy Review

Next Post

Vacation Mode Bodes Markets Unexciting Week

Related Posts

eBay Unveils Sports-Themed NFT Collection
Business

eBay Unveils Sports-Themed NFT Collection

by John Wanguba
May 25, 2022
SpaceX To Get $1.7B In New Funding To Send Valuation to $127B
Business

SpaceX To Get $1.7B In New Funding To Send Valuation to $127B

by John Wanguba
May 25, 2022
Hyundai Signs Deal to Establish Full EV and Battery Factories in Georgia, US
Business

Hyundai Signs Deal to Establish Full EV and Battery Factories in Georgia, US

by John Wanguba
May 25, 2022
US Tech Giants Meta, Google, and Amazon Could Profit from Ukraine War – Media Guru
Business

US Tech Giants Meta, Google, and Amazon Could Profit from Ukraine War – Media Guru

by John Wanguba
May 25, 2022
Google Looks For New Talent To Lead Global Web3 Efforts
Business

Google Looks For New Talent To Lead Global Web3 Efforts

by John Wanguba
May 25, 2022
Next Post

Vacation Mode Bodes Markets Unexciting Week

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Browse by Tags

adoption altcoins banking Binance Bitcoin Bitcoin adoption Bitcoin market Bitcoin mining blockchain BTC business Coinbase crypto crypto adoption cryptocurrency crypto exchange crypto market crypto regulation decentralized finance DeFi digital assets Elon Musk ETH Ethereum Ethereum blockchain finance funding government investment market analysis Metaverse mining NFT NFT marketplace NFTs nonfungible tokens nonfungible tokens (NFTs) price analysis regulation Russia social media technology Tesla the US Twitter

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • August 2010
  • August 2009

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized
Global Economic Intersection

After nearly 11 years of 24/7/365 operation, Global Economic Intersection co-founders Steven Hansen and John Lounsbury are retiring. The new owner, a global media company in London, is in the process of completing the set-up of Global Economic Intersection files in their system and publishing platform. The official website ownership transfer took place on 24 August.

Categories

  • Business
  • Econ Intersect News
  • Economics
  • Finance
  • Politics
  • Uncategorized

Recent Posts

  • eBay Unveils Sports-Themed NFT Collection
  • SpaceX To Get $1.7B In New Funding To Send Valuation to $127B
  • Hyundai Signs Deal to Establish Full EV and Battery Factories in Georgia, US

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

No Result
View All Result
  • Home
  • Contact Us
  • Bitcoin Robot
    • Bitcoin Profit
    • Bitcoin Code
    • Quantum AI
    • eKrona Cryptocurrency
    • Bitcoin Up
    • Bitcoin Prime
    • Yuan Pay Group
    • Immediate Profit
    • BitIQ
    • Bitcoin Loophole
    • Crypto Boom
    • Bitcoin Era
    • Bitcoin Treasure
    • Bitcoin Lucro
    • Bitcoin System
    • Oil Profit
    • The News Spy
    • British Bitcoin Profit
    • Bitcoin Trader
  • Bitcoin Reddit

© Copyright 2021 EconIntersect - Economic news, analysis and opinion.

en English
ar Arabicbg Bulgarianda Danishnl Dutchen Englishfi Finnishfr Frenchde Germanel Greekit Italianja Japaneselv Latvianno Norwegianpl Polishpt Portuguesero Romanianes Spanishsv Swedish