From Cascading Complexity To Systemic Collapse: A Walk Thru “Society’s Equivalent Of A Heart Attack”
by Tyler Durden
ZeroHedge.com
10/05/2013
“The commonalities of global integration mean that diverse hazards may lead to common shock consequences. The systems that transmit shocks are also the systems we depend upon for our welfare and the operation of businesses, institutions and society… One of the primary consequences of a generic shock is an interruption in the flow of goods and services in the economy. This has diverse and profound implications – including food security crises’, business shut-downs, critical infrastructure risks and social crises… More generally it can entail multi-network and delocalised cascading failure leading to a collapse in societal complexity…. This is a complex society’s equivalent of a heart attack. When a person has a heart attack, there is a brief period during which CPR can revive the person. But beyond a certain point when there has been cascading failure in co-dependent life support systems, the person cannot be revived. The extent of our contemporary complex global system dependencies, and our habituation to a long period of broadly stable economic and complexity growth means a systemic collapse would present profound and existential challenges.”
The Rest…HERE
