{"id":1355,"date":"2008-10-12T00:00:00","date_gmt":"2008-10-12T00:00:00","guid":{"rendered":"http:\/\/localhost\/wordpress\/2008\/10\/systemic-crises-as-keys-to-systemic-remedies\/"},"modified":"2008-10-12T00:00:00","modified_gmt":"2008-10-12T00:00:00","slug":"systemic-crises-as-keys-to-systemic-remedies","status":"publish","type":"post","link":"https:\/\/www.transcend.org\/tms\/2008\/10\/systemic-crises-as-keys-to-systemic-remedies\/","title":{"rendered":"SYSTEMIC CRISES AS KEYS TO SYSTEMIC REMEDIES"},"content":{"rendered":"<p><em>A Metaphorical Rosetta Stone for Future Strategy? <\/em><\/p>\n<p>The drama of the financial crisis and &quot;credit crunch&quot; &#8212; sufficient cause for grave concern &#8212; is presented here as exemplifying underlying cognitive patterns that should be cause for even greater concern. A case is presented here for looking at environmental overshoot &quot;through&quot; the cognitive framework of the financial system &#8212; the systemic role of its actors, instruments, concepts and dynamics, as well as how long and short-term risk is managed in a context of both fear and hope-mongering, as engendered by fact and rumour, and variously exploited. The approach is to suggest use of cognitive tools of finance, and its crisis, as a source of metaphor through which to reframe understanding of other imminent crises &#8212; for which there is a similar lack of preparedness. As what history may see as a foretaste, the financial crisis is therefore to be understood as a magnificent, only too realistic, metaphor of institutionalized approaches to international risk management at this time, notably as articulated just before the full crisis in The Economist (Confessions of a Risk Manager, 9 August 2008). <br \/><a target=\"_blank\" href=\"http:\/\/www.laetusinpraesens.org\/docs00s\/syscrise.php\" ><br \/>GO TO ORIGINAL<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Metaphorical Rosetta Stone for Future Strategy? The drama of the financial crisis and &quot;credit crunch&quot; &#8212; sufficient cause for grave concern &#8212; is presented here as exemplifying underlying cognitive patterns that should be cause for even greater concern. A case is presented here for looking at environmental overshoot &quot;through&quot; the cognitive framework of the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"class_list":["post-1355","post","type-post","status-publish","format-standard","hentry","category-commentary-archives"],"_links":{"self":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/posts\/1355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/comments?post=1355"}],"version-history":[{"count":0,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/posts\/1355\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/media?parent=1355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/categories?post=1355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.transcend.org\/tms\/wp-json\/wp\/v2\/tags?post=1355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}