Reducing the Hellenic Financial Crisis to Its Root Cause: A Cybernetic Analysis

This article cybernetically (isomorphically) investigates the causes of the Hellenic financial crisis. It (1) describes the crisis and its commonly assessed root cause: systemic corruption coupled to the decisions of ample numbers of Greeks to endure the problem rather than resolve it; (2) reviews S...

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Bibliographic Details
Published in:Anthropology of consciousness
Main Author: Trujillo, Joaquin (Author)
Format: Electronic Article
Language:English
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Published: American Anthropological Association [2018]
In: Anthropology of consciousness
Year: 2018, Volume: 29, Issue: 2, Pages: 196-222
Further subjects:B Greece
B Phenomenology
B Financial Crisis
B Sociology
B systems analysis
B Cybernetics
Online Access: Volltext (Verlag)
Volltext (doi)

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520 |a This article cybernetically (isomorphically) investigates the causes of the Hellenic financial crisis. It (1) describes the crisis and its commonly assessed root cause: systemic corruption coupled to the decisions of ample numbers of Greeks to endure the problem rather than resolve it; (2) reviews SYRIZA's 2015 anti-austerity campaign and identifies incompatibilities within its apparent collective purposes that imply processes more fundamental than corruption and bad faith may be causing the crisis; (3) situates cybernetics within a sociological framework to analyze those processes appropriately; (4) propositionally reduces them to a general rule—the tragedy of the commons—operating more or less within the collective conscience of the Greek people; and (5) and exposes the parameter's self-similar manifestation in social actions that have contributed to the crisis. 
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