Jamal Awil

← Globalists

His own definition of the global economy adhered strongly to cybernetic meta­phors. [fact]

Petersmann also cited Hayek’s work on stratification of rules of conduct to argue that “princi­ples and rules are designed to influence individual be­hav­ior and to promote 'spontaneous order' or deliberately created 'directed ­orders' so as to enable economic agents to form reasonably correct expectations regarding the ­future be­hav­ior of individuals (including government officials) in the economic sphere.” His own definition of the global economy adhered strongly to cybernetic meta­phors. “A far-­reaching international division of ­labor among billions of ­people is pos­si­ble only by relying, to a large extent, on the informations [sic] conveyed by spontaneous market prices (as a cybernetic feedback mechanism) and on the ­free efforts of millions of ­people guided by general framework rules of private and public national and international law.”

Quinn Slobodian, Globalists, loc. 832