Sunday, April 11, 2010

Have the world and our lives become too financial?

Finance is, naturally, an element or rather a dimension of life, in the same way laws, policies and regulations, economics (work, savings, revenue, taxes, etc), culture and pop culture, health and health coverage, entertainment, etc are.

Yet, in the last few years, has the share of finance is the "systemics" of the world and our lives become too big for balance (departed far away from what would be an "equilibrium")?

IMO yes. Too much reliance on consumer credit by individuals is maybe one of the reasons. And other entities, organisational that is (from companies to political ones (states)).

IMO finance has a valid and useful role to play in the systemics of the world and our lives. But IMO a stable equilibrium has to be found again.

Posted via web from nickpthinking

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Nick

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