1. The study of economic and state systems at the edge of their normal social and economic function, including preventative measures to avoid destructive feedback loops and vicious cycles.
2. A consulting practice based on the scientific and historical understanding of collapse conditions, and responses to them.
It seems we need a term for big, obvious threats that are sure to emerge - think asteroid impacts - but which few want to face. Handily, students of "collapsonomics" have already coined one: "black elephants." (New Scientist)
Associated ProjectsThe Dark Mountain Project
→ Vinay Gupta on collapsonomics at Uncivilisation 2010 (MP3, 1 hour)
Buttered Side Down