In this video Warren Buffet and Charlie Munger talk about how the US system is heading towards a cliff, and the video was recorded in 2005. They articulate it well, although the video has a couple glitches in it.

If you are actually interested in what's going on, I think what they are talking about is a big important piece of the puzzle.

https://www.youtube.com/watch?v=YCgHj1_GBuY

I think that the most appropriate strategy depends on the specifics of the situation. For some types of problems the best course of action is to do nothing, some times the best course of action is to make small adjustments, sometimes do less, sometimes do more, sometimes slow down, sometimes speed up, and sometimes the best course of action is to make radical changes. I don't over-generalize and prescribe the same ideological answer to everything.

I have also witnessed first hand how new terminology can have very different meanings to different people. Ask 100 product leaders to define what a "customer need" is and you will probably get dozens of different answers. Ask 100 CIOs to define what a "data mesh" is, and you will probably get dozens of different answers.

I think that when an environment is changing at an accelerating pace, its necessary for the organisms living in the environment to adapt at a similar pace in order to survive/thrive. I also believe that our environment is changing at an accelerating pace.

I suspect that you think I have reverse the metaphor because you have been paying more close attention to recent rage-baiting news, and I have spent a longer time paying closer attention to "boring" economic analysis. My model of the situation includes many historical examples of hyperinflation and what led to them, the consequences of Muammar Gaddafi dropping the petrodollar, the impact of citizens united on the military industrial complex, the exploding web of "NGOs" meddling in world affairs, how technology is an extremely deflationary force and how regulatory capture shifts economic benefits of new technology from the consumer to industry incumbents, how the Bretton-woods era started and ended, and how the neoliberal era started (and was ending regardless of political party), etc, etc.

Despite all this perspective I mentioned, I feel as though I know a tiny % of what is important to know in order to judge the situation accurately. The more I learn the more it seems like I don't know, and the more curious I get. Color me in the Dunning Kruger "valley of despair".

So no, I don't think the simplistic blanket decision making protocol you defined describes me.