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Nevilledog

(54,709 posts)
Thu Mar 27, 2025, 11:00 AM Mar 2025

Cory Doctorow: Reality-Based Communities [View all]

https://pluralistic.net/2025/03/27/use-your-mentality/

Remember the Global War on Terror? I know, it's been a minute. But there was a time when we were all meant to take terrorism – real terrorism, the knocking-down-buildings kind, not the being-mean-to-Teslas kind – seriously.

Back in the early oughts, I remember picking up a copy of the Financial Times in an airport lounge and flipping through it, and coming across an "advice to corporate management" column in which the question was, "Should I take out terrorism insurance for my business?" The columnist's answer: "The actual risk to your business of a terrorism-related disruption rounds to zero. However: a) your shareholders don't understand this, an b) your insurance company does. That means that you can buy a very large amount of terrorism insurance for a very small amount of money, making this a cheap price to pay to mollify your easily frightened investors."

I never forgot that little piece of writing. It was a powerful reminder that successful large-scale enterprises must attend to the world as it is, not as ideology dictates that it should be. This was – and is – a deeply heterodox position among the ideological defenders of capitalism, who continue to uphold Milton Friedman's maxim that:

Truly important and significant hypotheses will be found to have "assumptions" that are wildly inaccurate descriptive representations of reality, and, in general, the more significant the theory, the more unrealistic the assumptions (in this sense)

https://pluralistic.net/2025/02/17/caliper-ai/#racism-machine

These ideologues – who often cross over from boardrooms into governments – are with the GW Bush official who dismissed a journalist as a member of the "reality-based community":

When we act, we create our own reality. And while you're studying that reality—judiciously, as you will—we'll act again, creating other new realities, which you can study too, and that's how things will sort out. We're history's actors…and you, all of you, will be left to just study what we do.

https://en.wikipedia.org/wiki/Reality-based_community

*snip*
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