George Monbiot writes:

Because there is little public understanding of how complex systems operate, collapse tends to take almost everyone by surprise. Complex systems (such as economies and human societies) have characteristics that make them either resilient or fragile. A system that loses its diversity, redundancy, modularity (the degree of compartmentalisation), its “circuit breakers” (such as government regulations) and backup strategies (alternative means of achieving a goal) is less resilient than one which retains these features. So is a system whose processes become synchronised. In a fragile system, shocks can amplify more rapidly and become more transmissible: a disruption in one place proliferates into disaster everywhere. This, as Andy Haldane, former chief economist at the Bank of England, has deftly explained, is what happened to the financial system in 2008.

A consistent feature of globalised capitalism is an unintentional assault on systemic resilience. As corporations pursue similar profit-making strategies, and financialisation and digitisation permeate every enterprise, the economic system loses its diversity and starts to synchronise. As they consolidate, and the biggest conglomerates become hubs to which many other enterprises are connected (think of Amazon or the food and farming giant Cargill), major failures could cascade at astonishing speed.

As every enterprise seeks efficiencies, the system loses its redundancy. As trading rules and physical infrastructure are standardised (think of those identical container terminals, shipping and trucking networks), the system loses both modularity and backup strategies. When a system has lost its resilience, a small external shock can trigger cascading collapse.

Paradoxically, with his trade wars and assault on global standards, Trump could help to desynchronise the system and reintroduce some modularity. But, as he simultaneously rips down circuit breakers, undermines preparedness and treats Earth systems as an enemy to be crushed, the net effect is likely to make human systems more prone to collapse. [Continue reading…]