Brainy Quote of the Day

Tuesday, November 8, 2011

Do the math...

Conspiracy theories are comforting: it allows us to speculate, which "brainstorming" is the proper term, and should be used as a 1st step when trying to solve complex problems. It wrongly allows us to believe we have a handle on an issue without the rigor of problem-solving regimens like the Scientific Method.

One among many techniques used in the semiconductor industry is called the Taguchi Method (see: "A Primer on the Taguchi Method," by Ranjit Roy). What follows is a comparison of the so-called "Conventional Method" versus the Taguchi Method:


Hence, my point is: without rigor, a problem sited by demonstrators as "cabals" of faceless, nameless, soulless oligarchs becomes demagoguery. It turns both groups into political caricature.
New Scientist: 1,318 interlocking transnational companies (TNC)
1,318 interlocking companies → they have ties to 2 or more companies (averaging ~ 20) → "super-entity" of 147 companies → super-entity members control 40% of the entire network. Quoting from the article:

Concentration of power is not good or bad in itself, says the (Swiss Federal Institute of Technology) Zurich team, but the core's tight interconnections could be. As the world learned in 2008, such networks are unstable. "If one [company] suffers distress," says Glattfelder, "this propagates."

New Scientist: Revealed – the capitalist network that runs the world

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