Human life is an intricate tapestry woven from countless decisions, experiences, and external influences. A concept that profoundly captures this complexity is "path dependence," originally rooted in economics and sociology, but equally applicable to the human experience. Path dependence suggests that past events, history, cultures we acquire, and decisions we had made significantly influence the present and future, often in ways that are difficult to reverse. How we get to where we are depends upon how we were born and the place we grew up, the people we met, the knowledge and cultures we acquired. Path dependence is the idea that the choices we make today are heavily influenced by the path we have traveled thus far. This concept can explain why certain outcomes persist despite the availability of seemingly better alternatives. In economics, it describes how initial advantages or disadvantages can lock industries into specific technologies or standards, even if superior opti...
Publishes eclectic topics on human worldviews; Marketing including desires; needs, wants; aspirations, choices, preferences, lifestyles, behaviours, values; social constructions, trends, culture, politics, religions, ---- and ultimately human perspectives. John teaches online at the Ransford Global Institute: https://ransford.yolasite.com/