The Politics of Risk Reduction

It is a mistake to reduce the gamma risk to how much government intervenes in the marketplace.

While the gamma is purely political risk volatility that cannot be avoided, the risk accumulates from management of economic fundamentals.

Deliberate, organized modeling for managing the alpha and beta risk volatilities causes the level of gamma risk. The more deliberately free market the economics (the more freely volatile the alpha and beta), the less the gamma risk.

The gamma risk should be applied to ensure a free-market economics in priority. Punctuated crisis events (and the need for elite risk management with dystopic tendencies) is absorbed by spreading, or pluralizing, the risk.

The means of spreading the risk rather than letting it accumulate is seminal to the current debate over budget deficits. The accumulation indicates a needed distribution from the accumulated benefit. If it is not, the gamma risk will be shifted to the future in the form of inflation, rising to a crisis proportion. The deflatonary crisis does not redcue the gamma, it increases it along with the budget deficit.

An algorythm of crisis management is locked in place and keeps us "Waiting for Godot" (a redemptive ontology that just happens and makes everything right despite the algorythm). Reduction of the gamma risk is reduced to the hopeful politics of a hopeless deliverance narrated into utopian mythapopeia that psychologically absorbs the risk.

According to the left, for example, the current crisis is the result of free-market economics. Alternatively, according to the right wing of the spectrum, the cure is the free-market economics that caused it. The ambivalence is the source of misunderstanding that supports the myth of a redemptive ontology that will diffuse the gamma risk when it reaches a critically massive proportion.

Instead, being cyclically managed, the gamma risk is conserved, recycled, in the form of a psychological affirmation rather than the confirmation of any empirical truth, hidden within the artifices of accumulated power that obstructs the practical ontology of free markets.

The mythapopeia includes the economics of the gamma risk, masking the practical ontology of self-salvation with the organized tautology of cyclical trend culminating in the ultimate power of determining the risk (the gamma risk).

Rather than waiting for salvation, ensuring the means for attaining it in the form of an accumulated gamma risk is the expression of freedom over a tyranny that only seems to be algorythmically inevitable and undaunting.