Wednesday, February 26, 2014

Institutional VIRTU3

Most institutions grow out of a set rules for two of the three domains of VITRU3. Communities depend on a set of moral and ethical standards to avoid conflicts and resolve disputes peacefully. Markets function through a set of ethical and consequential conventions that foster mutually beneficial exchanges. Governments grow out of the attempt to codify a set of moral standards that will lead to long-term positive outcomes. Each of these institutions is subject to one of the three types of blindness.

The table below shows how differences in the priorities of institutions contribute to conflicts within and between societies. True VIRTU3 comes from each of these institutions compensating for the weaknesses in the others.

COMMUNITY GOVERNMENT MARKETPLACE
DOMAIN Moral & Ethical Moral & Consequential Ethical & Consequential
PLUS/MINUS Right & Good/
Wrong & Bad
Positive & Good/
Negative & Bad
Right & Positive/
Wrong & Negative
CATEGORY Theory & Beliefs History & Beliefs Theory & History
TIME The Present & Future The Past & Future The Past & Present
SPACE Local National Global
HIGHEST
VALUE
Idealized Truth Idealized Authority Revealed Truth
MEASURE OF SUCCESS Population Growth National Autonomy International Influence
BASIS Self-Knowledge &
Human Nature
Self-Knowledge &
Observed Results
Human Nature &
Observed Results
STYLES OF
REASONING
Intuitive &
Deductive
Intuitive &
Inductive
Deductive &
Inductive
FAILURE
MODES
Self-Delusion/
Logical Fallacies
Self-Delusion/
Black Swans
Logical Fallacies/
Black Swans
SOURCE OF ERROR Consequential Blindness Ethical Blindness Moral Blindness
MORAL PHILOSOPHY Religion Interventionism Laissez-Faire
SCIENTIFIC PRIORITY Social Correctness Social Engineering Engineering
JUDICIAL EMPHASIS Mens Rea &
Fault-Based Liability
Mens Rea &
No-Fault Liability
Fault-Based Liability &
No-Fault Liability
RELIGIOUS FOCUS Divine Grace & Justice Divine Grace & Favor Divine Justice & Favor
ECONOMIC TOOLS Economic Philosophy &
Economic Praxeology
Economic Philosophy &
Econometric Analysis
Economic Praxeology &
Econometric Analysis
POLITICAL NARRATIVES Aspirational
Rationalism
Aspirational
Pragmatism
Rational
Pragmatism
AMERICAN POLITICS Progressive
Movement
Bipartisan
Establishment
Conservative
Movement
POLITICAL ECONOMICS Cooperative Socialism Regulatory Corporatism Market Capitalism
POLITICAL HIERARCHY Cooperative
Meritocracy
Authoritarian
Collectivism
Market
Aristocracy
POLITICAL POWER-GROUP Revolutionary
Patriot-Insurgents
The Government
(Civil & Military)
Reactionary
Patriot-Insurgents
POLITICAL FAILURE MODE Revolutionary
Fragmentation
Military
Totalitarianism
Reactionary
Fragmentation

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