Hi
Some of you may have heard of Terence McKenna's 'time wave 0', a theory that maps periods of extreme 'novelty' throughout history, where novelty is defined 'newness, density of complexification, and dynamic change as opposed to static habituation'.
McKenna's map has novelty spikes around periods of history such as the extinction of the dinosaurs, industrial revolution, etc. Apparently the spikes should happen closer and closer together in time, until we reach a point of infinite novelty- the 'singularity', in 2012.
The current environment of 'crashes & collapses' lead me back to the theory, (a full article can be found on wikipedia), and sure enough, the next period of novelty is set to begin November 2008.
In my mind I've been having strange, logically irrational feelings that money just won't matter anymore in the near future, that all of the systems we have set up to transact finance and trade currencies back and forth to each other over the globe will cease to have any importance... it seems they will just melt away.
If this does occur, I don't know what it will mean for human life on the planet.. but I don't consider it something to be afraid of, but merely the falling away of a system that no longer serves humanity. All through the 'good times' of the housing boom and other periods of extreme accumulation of wealth and posessions, who can really say any of that caused a state of peace and happiness, as opposed to anxiety and fear? For many wealthy people, the more money they accumulate only leads to increased levels of stress as their lives become solely about maintaining and increasing that wealth...
Yes I realize many can see McKenna's work as ramblings of a 60s psychedlic trip, but the power and accuracy of writings to date give him a level of credibility that's hard to describe in rational thought.
Check out the wikipedia entry and see if any of it rings true for yourself... Novelty theory


