Accidents Quote by Paul Virilio
“The globally constituted accident can be compared to what people who work at the stock exchange call 'systemic risk'.”
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.
Identify and mitigate shared vulnerabilities.
Themes
Mood
Type
When to use this quote
- financial markets
- infrastructure
- technology networks
Key Concepts
Questions to Reflect On
- What hidden interdependencies could threaten your organization?
- How can you monitor systemic health proactively?
Risk can be hard to predict and may be ignored until a crisis.