Niklas Luhmann's theory of social systems identifies three key types of communication media that facilitate interaction within different subsystems of society: money, truth, and power. Each of these media serves to reduce complexity and stabilize expectations within its respective system. Here is a description of each: 1. Money Tim Bouma May 27, 2024, 1:30 PM
Niklas Luhmann characterizes money as a medium of communication within the economic system in his social systems theory. In his framework, money serves several key functions that facilitate the reduction of complexity and the stabilization of economic interactions. Here are the main points of Luhmann's characterization of money: Tim Bouma May 27, 2024, 1:28 PM
Niklas Luhmann, a prominent German sociologist, developed a comprehensive theory of social systems, which includes a nuanced view of trust, particularly system trust. According to Luhmann, trust is a mechanism that reduces the complexity of social interactions, enabling individuals to cope with the uncertainties and risks inherent in these interactions. Tim Bouma May 27, 2024, 1:22 PM
