Soros' Fallibility and Reflexivity

🧠 Free Recall ❓ Quiz 🔍 Cues 🔮 Simulation 🥷 ShadowBox 📐 Encode Cards

Principle of Fallibility - In situations that have thinking participants, the participants view of the world is always partial and distorted

Fallibility is a consequence of complexity. Complexity forces us to simplify, generalize, create dichotomies, metaphors, decsion-rules, moral precepts. These constructs take on an existence of their own making things more complicated

This referring to the compression feature of the human mind

We also know that feelings clouds and influences reason and intellect.

xxx

Principle of Reflexivity - Distorted views can influence the situation to which they relate because false views lead to inappropriate actions.

xxx

Thinking serves two purposes
To Understand (cognitive function)
To Manipulate for gain (manipulative function)

Understanding is a world-to-person model. 
Manipulation is a person-to-world model.

These two functions can interfere with each other because to manipulate means desire, desire can interfere with objectivity, ruining understanding. Separating observations from reality may result in the partaking of action to manipulate but is also disjointed from true reality due to disjointed priors.

Ultimately, we are left with an element of uncertainty both in our understanding of reality and in the actual course of events.

Fire!! this means that there are to use cases for thinking. To understand the world as it is and manipulate others. But not understanding the world can result in ineffectively manipulating another person. This is also a problem because it reveals two types of ways incorrect thinking/feeling/intuiting can cause ineffectiveness

xxx

Knowledge v. Reflexive Statements

A statement is true if it corresponds to the facts—that is what the correspondence theory of truth tells us. But if there is interference from the manipulative function, the facts no longer serve as an independent criterion by which the truth of a statement can be judged because the correspondence may have been brought about by the statement changing the facts

Knowledge is falsifiable truth applied to an objective truth.
Reflexive Relationship connect subjective aspects
Reflexive Events involve the objective aspect

There is only one external reality but many different subjective views.

Reflexivity is the applicable theory for social reality

xxx

Reflexivity in Reality

Situations that have thinking participants have a different structure from natural phenomena. The difference lies in the role thinking plays.

Since we create worlds that don't truly exist except in the human mind

Theories held by participants are liable to be biased, incomplete or both due to reflexivity

In the real world, the participants’ thinking finds expression not only in statements but also, of course, in various forms of action and behavior. That makes reflexivity a very broad phenomenon that typically takes the form of feedback loops.

The participants’ views influence the course of events, and the course of events influences the participants’ views. The influence is continuous and circular; that is what turns it into a feedback loop.

Anything that isn't hard science is sucseptible to a reflexivity loop!

People try to understand the social reality, but since social reality only lives in the mind, is usually applied to complex (complexity theory) things and is subject to compression and the influences of feeling (desire), they understand things inadequately or in a certain way and since others are using others (thoughts, behaviors action) to inform their understanding that affects their understanding as well (which is also inadequate for the same reasons) and when you add up the need to manipulate others for self-gain, it's a complex relationship across participants

Things that are reflexive have a disjointed true value to investment ratio in where a reinforcing feedback loop can be created due to lack of immediate and credible feedback
Investment markets
Status (Celebrity.Fame)

Starred

Dunk (exclude from study)

Soros' Fallibility and Reflexivity

Review Questions

Todos

Sensemaker