Antifragility and the conservatism of large organisations
According to Taleb’s Antifragile, organic systems benefit from stressors and variability. And smoothing things too much can actually be harmful to them, as it makes them fragile.
Take for example the organic system of restaurants in a given neighborhood. Any one restaurant—the organism—is fragile. And restaurants vanish and are replaced regularly. But the system of restaurants–the species—is antifragile. And there are often surprising and delighting novelties awaiting epicureans.
On the other hand, our governments sometimes try to smooth the economy too much by fighting variability and bailing out institutions. But instead of benefiting the economy, such actions make it more fragile and therefore prone to collapses and crises.
Organic systems actually like variability, and we would be well advised to refrain from interfering and depriving such systems from variability.
Interestingly...