wakoinc on Nostr: And if you want just a single example, look at how useless central banks are at ...

And if you want just a single example, look at how useless central banks are at predicting and protecting (stabilising) against recessions/depressions - their sole stated goal.

Most of these systems of democracy exist to control what they obviously do not and can not. Why?

Simply put in Sapiens, by Yuval Noah:

There are two main classifications of chaos.

First Order Chaos doesn’t respond to prediction. The example he gave is the weather. If you predict the weather to some level of accuracy that prediction will hold because the weather doesn’t adjust based on the prediction itself.

Second Order Chaos is infinitely less predictable because it does respond to prediction. Examples include things like stocks and politics.