Jump to content
Toggle sidebar
The Portal Wiki
Search
Create account
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Talk
Contributions
Navigation
Intro to The Portal
Knowledgebase
Geometric Unity
Economic Gauge Theory
All Podcast Episodes
All Content by Eric
Ericisms
Learn Math & Physics
Graph, Wall, Tome
Community
The Portal Group
The Portal Discords
The Portal Subreddit
The Portal Clips
Community Projects
Wiki Help
Getting Started
Wiki Usage FAQ
Tools
What links here
Related changes
Special pages
Page information
More
Recent changes
File List
Random page
Editing
Twin Nuclei Problem
(section)
Page
Discussion
English
Read
Edit
View history
More
Read
Edit
View history
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
== Eric's Explanation from Discord == <blockquote> In 1945 we ended WWII with atomic devices. This was the end of conventional massive armed conflict. Between 1952-54 we cracked the twin nuclei of atoms (Hydrogen fusion bombs) and cells (3-d structure of DNA). We now live on borrowed time determined largely by luck, growth and the memory of WWII. Our growth ran out, then our memory of WWII. We now live on Luck. This has created a world wide epidemic of magical thinking that nothing truly bad can still happen. During the 1945-1972 Epoch, growth was economically high, stable, broadly distributed, technologically lead. During this period Derek de Solla Price discovered that science was on an unsustainable exponential. He published 'Science Since Babylon' (1959?) predicting an end to scientific growth. Science is upstream of technology which is upstream of markets. And the predicted end came around 1972. During the 1945-1972 era, institutions built in assumptions about their future growth. Those Embedded Growth Obligations or E.G.0.s are now unsustainable. This has caused nearly all institutions to be headed by people willing to lie to keep the institutions alive. There are a small number of fields where growth kept going (E.g. semiconductors, communications, and their outgrowths). Mostly the world stagnated by the standards of the past around 1972. Between 1972 and 2008 a long period of managed fake growth took place to disguise the end of the post WWII growth regime. This was called, downsizing, deregulation, mergers/aquisition, globalization, 'best brightest' immigration, securitization, financialization. Etc. Starting in the 1990s this Davos style economics began to result in massive wealth inequality in the developed world under a fig leaf of idealism. By 2008, fake growth became unsustainable and the world woke up from a crazy dream of "The Great Moderation' to sanity. It was that sanity that made the markets "go crazy." Since 2008, no one really believes in market absolutism nor in government fairness nor in banking. But, oddly, we can't form new economic theories. This zombie period lasted from 2008 until 2016 where the Trump and Brexit votes shocked the rent-seeking elite. We are now trying to have new ideas. It is very difficult for them to form given the level of inequality. As for the decision trees: if humanity is to have a future greater than 500 years with fusion devices and other horrors, what must happen? </blockquote>
Summary:
Please note that all contributions to The Portal Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
The Portal:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)