This article uses concepts formally proven in the newly released open-access paper, “SETE 2.0: The Phase-Space Dynamics of Circulating Surplus, Ideological Goal-Seeking, and Systemic Collapse”.
What the DJIA is actually measuring: Inflation plus concentration of market power into the tiny handful of firms which make up the index. The overly complex theorising about it, bringing in thermodynamics and so on, sometimes appears designed to distract us from the relentless unrestrained growth of the corporate oligarchy which is increasingly difficult to conceal.
What the DJIA is actually measuring: Inflation plus concentration of market power into the tiny handful of firms which make up the index. The overly complex theorising about it, bringing in thermodynamics and so on, sometimes appears designed to distract us from the relentless unrestrained growth of the corporate oligarchy which is increasingly difficult to conceal.