In modern times, we don’t always get to do what we want to do. Fair enough. But there’s a case to be made that the further we remove ourselves from our passions, the less successful our social institutions will be.

One way we’ve done this is the pathological obsession with capital accumulation, without any reference to the costs of that accumulation. For example, the current system for CEO compensation shows very little correlation with either performance or market capitalization.

While this is a complex structural issue in corporate governance, Jenson and Meckling gave us a demonstration of what can happen when the various passions of stakeholders aren’t aligned:

In the finance literature, this view can be traced to a pioneering paper by Michael Jensen and William Meckling (1976), which demonstrated the incentives of risk-neutral top managers with less than 100% ownership of their companies to take actions that reduce firm value. To illustrate with a simple example, a manager with a 3% stake in a publicly traded company gets 100% of the benefits from consuming a dollar of perks but incurs only 3% of the costs.

This video is processing – it'll appear automatically when it's done.

Probably too deep to go into all the evolutionary factors which lead to tribal behavior, but here are a few:

  • Our limbic system (emotional center) is much older than our forebrain (rational center). As the primate brain developed, so did the primate social institutions. Nonetheless, tribal behavior is deeply embedded in us.
  • Well integrated and closely connected social groups tend to be far better off than individuals in terms of responding to external pressures. Ironically enough, social living grew out of self-preservation.
  • Over hundreds of thousands of years, natural selection weeded out those individuals who could not function well in groups. This created a sort of fundamental pool of human experience, and resulted in the human propensity and need for storytelling as well as the law of reciprocity

This video is processing – it'll appear automatically when it's done.

If you look at the first websites that started to crop up back in the early 1990’s, you’ll see a pattern:

  • Academics – The internet was created by academic institutions, so it’s not surprising they constituted most of the first web pages. More importantly, academics was one of the few institutions to maintain certain tribal behaviors from the beginning (ritualized peer-review).
  • Media – Naturally, the next wave of websites were media-oriented. IMDB, Underground Music Archive, MTV, Art.net, etc.
  • Porn – A ton of porn..clearly one of the most basic human instincts, so, no surprise here.

What’s incredible about all these websites were just how much they were driven by passion, not rational pursuits. Out of all the sites that could have been created, the first internet pioneers organized themselves around passionate investigation (science), storytelling (media), and sex (porn). These also happen to be some of the common denominators of human culture and civilization.

This video is processing – it'll appear automatically when it's done.

This is the most fundamental aspect of tribes. Outside of coercive tactics, humans naturally organize themselves based on their passions.

Modern institutions largely did away with this through market pressures and what not.

For example, the industrial revolution squeezed the small-time merchants out of business. These were folks who genuinely enjoyed carpentry, leather work, etc. but could not compete. As such, these occupational tribes were broken up and forced to travel to the nearest mill or factory in order to find pay and support their family.

This is still the case in a lot of ways, but technology has allowed those natural tribal tendencies to crop up again. RG is the perfect example of this sort of technology, and the subsequent communal space that develops.

This video is processing – it'll appear automatically when it's done.

Like I said, I’ve always had my suspicions, but I began to staunchly reject it over the past few months as I continued to research some of these concepts in network dynamics.

That’s the confusing stuff though..what really convinced me it was all a farce was some of this recent stuff on normative social behavior.

Anyway: just to be clear, I have not totally rejected leftist politics. I still consider Chomsky’s conception of anarcho-syndicalism to be a viable institutional design. Ultimately, what he (& especially Bakunin) espouse is the truest form of leadership, i.e. one who is driven by a purpose and pursues that purpose in a way that inspires those around him to follow, without the need for any manipulation or coercion and always in terms of free-association and “opting-in”. Not surprisingly, the methods in which Bakunin gained clout and instituted change back in the day, are now coming back in style. They call it open agile adoption.

Also, I didn’t mention this, but organizational culture is a huge issue and one in which OWS utterly failed to address (duh..). This is partly why none of the Occupyers could even express what it was they believed or what they wanted, and when they finally did express that in their list of demands it was all leftist rhetoric with absolutely no concision or sense of purpose. It was just a mess…

This video is processing – it'll appear automatically when it's done.

Although I admired a few things I saw in the Occupy movement, I always had my suspicions. The big ones:

  • This is an inherently privileged group. The bit of data we have supports this, (20% made $100,000+; see previous links) but it’s sort of a given that if you have that much time to participate in protests and camp out in a park, someone is supporting you. Of course, some of that support came from political donations and community support, no doubt.
  • It all happened too fast, and was bound to deteriorate (as it has). People describe OWS as “organic” but this was anything but. “Organic” meaning the time to grow and develop an accountable infrastructure and build institutions in which humans can actually accomplish something. By no means did this occur. It was actually rejected. Instead, OWS functioned as a non-conserved network. To put it simply, they did not value relationship-building. Rather, information spread in the same way disease spreads.

I don’t mean that in a pejorative way (our neural pathways work in a similar fashion), but this is an important point. In a conserved network, content input remains relatively stable. The connections (“nodes”) are chosen and controlled for, and display clique-ishness. This is a fundamental aspect of institutional design. Within non-conserved networks, content input is very random and tends to fluctuate greatly. Furthermore, there is now real established framework in which information gets passed on (e.g. viral infections, social media), it just hops from node to node, in a seemingly random manner (patterns eventually emerge though).

Network theory is on fire right now in the academic world, so here’s a few resources:

This is the kind of shit that the NSA is building super computers to uncover btw..that’s a different story, tho.

Main Point:

  • Until we figure out a way to harness quantum computational power, humans simply cannot function well within these types of social networks. These sorts of networks have the “mob mentality” effect on us. There’s simply too much “noise” and we have an incredibly difficult time making any sense of it. This is why we developed institutions to work in, as early as 10-15 thousand years ago. Think of it like this: what’s easier, deciding between 3 different brands of cereal on the shelf, or 300?
  • This brings me to my last point about normative social influence. We are incredibly social creatures. That is what were built for (empathy, law of reciprocity, etc.). We’ve known this for decades, but just recently we have started to see that normative social influence was seriously underestimated all these years.

Here’s a few concise power point slides on the subject, but there’s tons and tons of research out there. What killed the occupy movement is the very thing that supposedly set it apart (i.e. it’s rejection of structure and limited hierarchy). Humans simply can not function in these sorts of social arrangements.

Conserved network cascade:

Crazy-as-shit (non-conserved) network cascade:

source: x

This video is processing – it'll appear automatically when it's done.

Ehh..somewhat. A few major points here:

  1. They made a lot of noise and brought attention to the issue of wealth inequality. This was great. Also, the fact that it carried the emotional weight to be able to spread around the world is awesome.
  2. They were somewhat diverse, in that their clever rhetoric (we are the 99%) and lack of cohesive political demands or affiliation, really brought them broad emotional support from the public. However, the actual demographics were – not surprisingly – pretty narrow. It was essentially a bunch of fairly young, well-educated/affluent, white people. Of course, the demographic surveys are of poor quality and I could only find one that had more than a couple thousand respondents.
  3. For those who really paid attention, I think they also shed some light on issues of free speech.
  4. It was a time of creativity and experimentation. Overall I think it definitely changed the climate of things, and for that, I commend those involved.

This video is processing – it'll appear automatically when it's done.

What is this?

The Genius annotation is the work of the Genius Editorial project. Our editors and contributors collaborate to create the most interesting and informative explanation of any line of text. It’s also a work in progress, so leave a suggestion if this or any annotation is missing something.

To learn more about participating in the Genius Editorial project, check out the contributor guidelines.

Loading...

6.9-7.4 million…

The most recent estimate on the number of harp seals according to a study published in July of 2013.

3x…

The increase seen in harp seal population (tripled!) since the 1950’s, according to data from a study published in 1979, Density-Dependent Processes and Management Strategy for the Northwest Atlantic Harp Seal Population. This was an insightful study, as it sought to find just how in the hell these seal populations continued to increase considering the intense harvesting that has gone on since the 1800’s.

12 Million Tonnes…

The metric weight in fish that the harp seal population consume each year (Source: x). While these puppies may be awfully cute, the fact of the matter is that they have decimated the cod population in the surrounding waters (w/ a little help from mankind) and if they were not harvested in a controlled manner each year, they would do much more damage.

This video is processing – it'll appear automatically when it's done.

What is this?

The Genius annotation is the work of the Genius Editorial project. Our editors and contributors collaborate to create the most interesting and informative explanation of any line of text. It’s also a work in progress, so leave a suggestion if this or any annotation is missing something.

To learn more about participating in the Genius Editorial project, check out the contributor guidelines.

Loading...

<5%…

The percentage of harp seals harvested from 2011-2013, relative to the total population, with .05% (400,000) being the most in the last five years. In 2009, 280,000 seals were harvested and, in 2010, 330,000 saw their demise (Source: x)

1,337…

This is the number of species who are on the U.S. endangered species list. Just some perspective, some of these species have less than 1,000 males left on Earth. Of course, most of these species aren’t nearly as cute and cuddly as harp seals. Some notable examples:

  • Grizzly bear (estimated 35,000 in U.S.)
  • Black bear (estimated 800,000-900,000
  • Just about every type of island fox of the coast of CA (roughly 2,500)
  • The jaguarundi (uncertain)
  • Etc..

So, while Ellen is busy taking selfies in protest of the necessary population control measures instituted to keep a thriving species in check, we actually have a ton of ecologically vital species who are on the verge of extinction. Crickets..

Below: a jaguarundi; equally as cute as the harp seal..not as cuddly

This video is processing – it'll appear automatically when it's done.

What is this?

The Genius annotation is the work of the Genius Editorial project. Our editors and contributors collaborate to create the most interesting and informative explanation of any line of text. It’s also a work in progress, so leave a suggestion if this or any annotation is missing something.

To learn more about participating in the Genius Editorial project, check out the contributor guidelines.

Loading...

Watson has maintained elsewhere that Newfoundland seal “hunters” are fisherman looking to make a quick buck in the off-season, whereas the Inuit tradition goes back into prehistory. The latter is conducted with reverence for nature and the utmost skill; the former is basically a bunch of unskilled men butchering whatever they can find

That’s one side of the story, but many people feel that it’s far removed from reality.

Not only is there regulation equipment that must be used, but hunters are required to administer a blink test immediately after any shot, to ensure the seal is clinically dead before any further preparations (skinning, etc.) The commercial practices are often more humane; Inuit’s carry out none of these standard practices (though they show great respect during the hunt)

Furthermore, commercial hunters must be licensed and trained:

Licensing policy requires a commercial sealer to work under an experienced sealer for two years to obtain a professional licence. Sealers are also encouraged to take a training course on proper hunting techniques, product preparation and handling. Personal use sealers must have a hunter’s capability certificate or big game licence and attend mandatory training sessions before a licence can be issued.

Sources: xxx

This video is processing – it'll appear automatically when it's done.