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.
A mad scientist covers disruptive technologies, subversive methods, and how things go wrong.
Showing posts with label return on investment. Show all posts
Showing posts with label return on investment. Show all posts
Tuesday, 29 April 2014
Friday, 24 May 2013
The Spectacle of Violence
While the events involving a stabbing attack on a British soldier in London are still shrouded in uncertainty, possible revenge attacks have also started. The grisly spectacle has quickly devolved into a violence-porn media chasing every possible rumor or story. Whether the attackers had some religious or political motive or merely were apolitical attention seeking sociopaths, I do not know. This does, however, illustrate one of the darker points of the current media cycle.
Compared to the USA, the city of London has become a virtual police state (although the Americans are rapidly changing that). There are CCTV cameras everywhere, privatized police/security, and strict gun (and other weapon) control laws. Despite all of these 'precautions,' a mad slasher with a knife and one unlucky victim managed to provoke such a media reaction (and public backlash). A grim "return on investment" for the price of a cheap blade would be millions of pounds worth of police/security/media coverage of such an event that feeds upon itself as the frenzy builds.
For all the fuss about an inaccurate, exploding 3D printed gun in recent times, the knife attack serves to remind that the equipment for disruptive actions (including violent ones) is rarely far outside one's own kitchen. Even with development of 3D printers, firearms, and ad hoc explosives vanish from the earth, a single edged weapon can still stand as an assassin's weapon, as it has for the sum total of human history. Why should the future be different?
Compared to the USA, the city of London has become a virtual police state (although the Americans are rapidly changing that). There are CCTV cameras everywhere, privatized police/security, and strict gun (and other weapon) control laws. Despite all of these 'precautions,' a mad slasher with a knife and one unlucky victim managed to provoke such a media reaction (and public backlash). A grim "return on investment" for the price of a cheap blade would be millions of pounds worth of police/security/media coverage of such an event that feeds upon itself as the frenzy builds.
For all the fuss about an inaccurate, exploding 3D printed gun in recent times, the knife attack serves to remind that the equipment for disruptive actions (including violent ones) is rarely far outside one's own kitchen. Even with development of 3D printers, firearms, and ad hoc explosives vanish from the earth, a single edged weapon can still stand as an assassin's weapon, as it has for the sum total of human history. Why should the future be different?
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