It just sounded familiar...
the idea of getting into a self-reinforcing dynamic where everything was individually working like traditional economics says that good dynamics should, but the result is that everything gets and stays shitty.
I did give the nutshell version of part of the theory. For a better treatment you will have to Google, if for no other reason than the fact that I know I will get it wrong, and neelk or kmself will get to laugh at me for it. :-/
Cheers,
Ben
"... I couldn't see how anyone could be educated by this self-propagating system in which people pass exams, teach others to pass exams, but nobody knows anything."
--Richard Feynman