Sunday, February 24, 2013

Moral Imagination and the Fate of the World

http://www.theatlantic.com/international/archive/2012/08/moral-imagination-and-the-fate-of-the-world/260789/

Now here's the thing about policy makers: they have in recent decades become less and less autonomous. Thanks largely to new information technologies, they're more constrained by public opinion, by immediate and powerful popular feedback. And I contend that whether they are "allowed" by their constituencies to pursue wise policies will depend on their constituencies' moral character in a certain specific sense.

This can become highly chaotic where leaders not follwing this feedback might suddenly collapse, their popularity might also boom and bust between floors and ceilings compelling them along this path. By conteast a V-Bi government might try to follow a normalized equilibrium of policy ignoring this pressure to become deviant. The sense of crisis forces them to become more Iv-B, and in some poorer Roy countries Oy-R. it can also be caused by revolutionary and counter revolutionary innovations and inventions, these cause weed like growth to use these new resources. The politicians then create more chaotic laws leading to a stronger disconnect and weakening of I-O policing which tries to moderate and ends up chafing all parties. For example Bill Black says under Clinton prosecuting fraud dropped because it would hurt innovation, for example a bank might collapse or lose the competition against other corrupt banks elsewhere, then get overshadowed.

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