Abstract:In the past twenty years several events disrupted global economies and social well-being and generally shook the confidence in the stability of western societies such as during the 2008 financial crisis and its economic aftermath. Here, we aim to identify and illustrate underlying drivers of such societal instability or even consequential collapse. For this purpose we propose a low-dimensional and stylised model of two classes of networked agents (termed "labourers" and "administrators" hereafter) that is insp… Show more
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