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Accidents Quote by Paul Virilio

“The globally constituted accident can be compared to what people who work at the stock exchange call 'systemic risk'.” quote by Paul Virilio
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“The globally constituted accident can be compared to what people who work at the stock exchange call 'systemic risk'.”

Paul Virilio

About This Quote

Source Book: Speed and Politics (1977)

Systemic risk is an inherent, interconnected danger in complex systems, similar to accidents that arise from the whole structure.

In simple terms: Large systems have hidden, shared dangers.

Key Takeaway

Identify and mitigate shared vulnerabilities.

Themes

risk systems interdependence

Mood

analytical cautious

Type

theoretical warning

When to use this quote

  • financial markets
  • infrastructure
  • technology networks

Key Concepts

systemic risk complexity

Questions to Reflect On

  • What hidden interdependencies could threaten your organization?
  • How can you monitor systemic health proactively?
A Different Perspective

Risk can be hard to predict and may be ignored until a crisis.

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