A First-Class Catastrophe: Black Monday — When Risk Management Became Risk Transmission
Welcome to Crisis in Perception, where we examine the systems shaping our world.
Author: Diana B. Henriques
This episode explores A First-Class Catastrophe by Diana B. Henriques as a systems-level analysis of how automated finance, derivatives, and fragmented regulation influenced behavior, belief, and institutional outcomes.
By focusing on incentive architecture rather than personalities or events, the episode shows why these systems persisted — and how they connected to larger economic, political, and technological structures.
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👉 https://youtu.be/CD0SGS1PgXQ
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The skinny
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