Can biology be reduced down to complex chemistry??

Here is an interesting scenario:

If you have a flask with various organics with many different stereochemical conformations and you provide external energy, then the various conformations will react in complex ways and equillibrium will be difficult to occur. After some time, in this system, the natural history of the reactions ( i suppose) will go something like this:

Organic chemistry will sustain itself and live longer, because of stability and variability of stereochemistry.

Slower reactions will sustain themselves longer..

Hydrophobic reactions will occur and shape the mixture, thus playing a role in the natural history of events, such as creating membranes, isolating systems, etc etc.

Adhesive molecules and capacities will prevail, because they will stick to each other, etc etc

In general, If the system goes from a state A to B and then C, D, E etc....Z, then after each step, the next one will be a more sustainable state, because that was the reason why the mixture moved towards this direction. After a long time, lets say the state Z will be composed of subsystems much more sustainable than A. But isn't life a collection of sustainable systems after all? Then if the observers are the final reactions of the mixture, won't they think that the whole process seems a little bit like life?

Any thoughts?