Catataxis: When More of the Same is Different

Catataxis: When More of the Same is Different

by JohnBrodieDonald (Author)

Synopsis

As things get bigger, it's not just the scale that changes. Something else fundamental changes too. Working for a small company is not the same as working in a big multinational; their whole way of doing things is different. Governments make decisions that seem nonsensical to individuals. The death of one person is a tragedy: the death of a million is a statistic. When you change the scale of something, more of the same thing ends up being different. Paracelsus, the medieval alchemist, put it like this: 'Substances are not poisonous, dosages are.' Friedrich Engels put it more precisely: 'a quantitative change, sooner or later, becomes a qualitative one.' A popular bumper sticker makes the point more succinctly: 'You are not stuck in traffic; you are traffic.' The anomie of the modern world is caused by massive changes in scale without the requisite changes in attitudes, institutions and social mechanisms. There is confusion between hierarchical levels. Perception has become reality. There has been no easy way to express these themes - these disorders of magnitude - in a single word. Until now, that is...Catataxis, a neologism from the Greek for 'level confusion', explains why many of today's problems are caused by using yesterday's tools in an inappropriately scaled modern context. Disparate issues such as celebrity culture, banking regulation, global warming, the war on terror, soaring CEO's salaries, internet security, unrepresentative democracy, spin doctors and political correctness can all be linked to a single underlying concept: more of the same is different.

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More Information

Format: Hardcover
Pages: 280
Publisher: Quartet Books
Published: 20 Oct 2011

ISBN 10: 070437241X
ISBN 13: 9780704372412

Media Reviews
'The author has an exceptional talent for illuminating complex predicaments using an eclectic range of references. His explanation of today's problems is enthralling and highly original.'--Martin Porter, Global Chief Investment Officer, JP Morgan 'A first rate intellect, a creative thinker, and someone who has a gift for simplifying complex problems and communicating these insights in an effective manner to a wide audience.'--Tim Moe, Chief Asian Strategist, Goldman Sachs 'Catataxis got me thinking so hard I bled out the ears, and I mean that in the best way. John Brodie Donald provides more new and better methods of analysis than anyone since Descartes invented the calculus I flunked in high school. But Donald can turn anyone into an A student. He explains the financial crisis of 2008 in two sentences. Mortgaged-based CDOs depended upon a bell curve of normal distribution in risk. Risk has no normal distribution or it wouldn't be risky. He teaches me the reason for all my losses in the stock market, the casino, and love: Your model has descriptive power but no predictive power. And by delineating a categorical difference between man and the lower primates he provides a great name for a rock band, The Musical Apes. This book is better than brilliant, it makes you that way.'--P J O'Rourke
Author Bio
John Brodie Donald grew up in Beijing in the middle of the Cultural Revolution of the 1960s. After graduating with a degree in Engineering Science, he started as an equities analyst in the City in the early 1980s, where he covered the first technology boom driven by the invention of the PC. He was working as a director of an investment bank in Tokyo when the Japanese Stock Market spectacularly burst in 1990. After many years running equity research departments in the Far East and Europe, he finally left the financial services industry to run his own Scotch whisky company. He now works as a commercial mediator and as an adviser with Partner Capital. He writes a blog: www.catataxis.com