Hoarding of wealth has a deflationary effect on any group's economy. Just as the dwarves after Smaug hoovered up their wealth. The ease of capturing an asset often depends upon its relative value. In fantasy roleplaying games, the amount of money stolen by a bandit gang might be a pittance compared to a warlord's battle chest, which in turn is nothing compared to a dragon's hoard. Each becomes progressively harder to loot for any would be adventurers.
Now, the vitality of an economy is often characterized by the constant flow and transfer of wealth across several strata and several markets. Diversity is a hallmark of a healthy economy, like a healthy ecosystem. How might one get money flowing again when most politicians come directly from the plutocrat clade itself (if not serving it)? Writer Charles Stross has an idea relating to soft paternalism.
For example, ideas could include financing space colonization or fusion commercialization. The problems would be extremely costly, but also offer the greatest investments over the long term.
Showing posts with label empowered individual. Show all posts
Showing posts with label empowered individual. Show all posts
Tuesday, 29 April 2014
Friday, 28 February 2014
Have-Nots vs. Would-Earns
As John Robb notes, a key issue in Ukraine and elsewhere (including Venezuela, Thailand, and perhaps Turkey again) is the easy which an open source insurgency may be started and continued. If the 20th century and earlier history had the classic dichotomy of haves vs. have-nots, than perhaps the 21st might be the haves vs. the would-earns.
In this case, the underclass is comprised of people simply yearning for an honest day's work, a chance to perform a trade or profession without much interference from the power elites. However, many of the "power elites" are individually not that powerful themselves. The system/organization that employs them restricts their ability to use their individual judgment in certain situations, perhaps compounded by group-think and institutional bias. For example, a corrupt cop shaking down bribes may be given a blind eye (if not encouraged for a cut) by his cash-strapped superiors. However, an individual still effectively set an example that sparked a series of revolts. A fruit vendor burning himself in protest started the Arab Spring.
Even with tools like sock puppet accounts, online censorship/manipulation (even if subtle rather than overt), and plain spinning are deployed (and I believe they were in many such cases), there comes a point where a situation can no longer be contained. In the developed countries, there is less desperation (for now), allowing much of the systems to continue to function. In more desperate circumstances, even a humble fruit salesman or bulldozer operator can help topple a regime.
In this case, the underclass is comprised of people simply yearning for an honest day's work, a chance to perform a trade or profession without much interference from the power elites. However, many of the "power elites" are individually not that powerful themselves. The system/organization that employs them restricts their ability to use their individual judgment in certain situations, perhaps compounded by group-think and institutional bias. For example, a corrupt cop shaking down bribes may be given a blind eye (if not encouraged for a cut) by his cash-strapped superiors. However, an individual still effectively set an example that sparked a series of revolts. A fruit vendor burning himself in protest started the Arab Spring.
Even with tools like sock puppet accounts, online censorship/manipulation (even if subtle rather than overt), and plain spinning are deployed (and I believe they were in many such cases), there comes a point where a situation can no longer be contained. In the developed countries, there is less desperation (for now), allowing much of the systems to continue to function. In more desperate circumstances, even a humble fruit salesman or bulldozer operator can help topple a regime.
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