The problem of giving all authority to the experts is that while they have vast stores of specific knowledge, the overall fact is that there is no larger framework to consider and contextualize all the details.

Climate change, for instance, is an effect of human behavior, but addressing it directly doesn’t deal with the deeper causes of this behavior.

For example, the difference between capitalism and markets is the first treats money as the signal to extract from the noise of the economy, society and the environment, while the second needs money to circulate, in order to function. Consequently ever more has to be added and ever more inventive ways to store what has been extracted.

One way is for government to be the debtor of last resort. The capital markets simply couldn’t function, without the public sector borrowing up trillions of dollars of otherwise surplus money every year. The secret sauce of capitalism is that public debt backs private wealth.

Then the government has to spend this money in ways which don’t compete with the private sector for limited investment potential, such as large militaries and endless wars.

There are lots of such ways attention is distracted from the reality, but very few try to sit back and look at the big picture, rather than joining their preferred crowd.

https://medium.com/predict/peeling-the-paradigm-1ceab7e774b0