"Participants in the system are not bought off in the classic sense of the term. They are compromised, made vulnerable to threats … basically mutually assured incrimination to guarantee loyalty."
Seems oddly familiar somehow. I wonder how that FBI investigation is going.
As we evolve into a "limited-access order" ruled by a legal/political/regulatory class, we limit the growth of the economy to the permissioned. This leads to stagnation and delay in progress. Meanwhile, there is hope in the form of the contributions of the scientific/innovative elements which have caused the main growth in our society to be in the permissionless areas. Amazon has expanded to fill many social needs in America. Had it had to go through the lengthy permission-seeking genuflections required by the regulatory class, it is doubtful that the underwear I ordered yesterday would have arrived this morning.
Despite the negative impacts of years-long delays in issuing building permits, etc., our elite legal/political class believes it can make things better if only it extends its authoritarian permission process by slapping on rules to the likes of Google, Facebook, Amazon, etc., whose remarkable contributions to America have been as-yet not overshadowed by the umbrella of government permission granters. Meanwhile, bankruptcy haunts the GM's and US Steels of the world who are very much regulated and part of the limited-access order.
Just finished Fragile by Design - really excellent. Sorry I did not get through it prior to the last round of conversations. But I have taught Violence and Social Orders before so know that one pretty well.
"The palace he had built outside Kyiv was constructed with hundreds of millions of dollars that he and his cronies had stolen from the budget of their poor state."
He needs to be a bit clearer here- the cash that was stolen originated with western governments and international financial operations like the IMF and World Bank.
"Participants in the system are not bought off in the classic sense of the term. They are compromised, made vulnerable to threats … basically mutually assured incrimination to guarantee loyalty."
Seems oddly familiar somehow. I wonder how that FBI investigation is going.
As we evolve into a "limited-access order" ruled by a legal/political/regulatory class, we limit the growth of the economy to the permissioned. This leads to stagnation and delay in progress. Meanwhile, there is hope in the form of the contributions of the scientific/innovative elements which have caused the main growth in our society to be in the permissionless areas. Amazon has expanded to fill many social needs in America. Had it had to go through the lengthy permission-seeking genuflections required by the regulatory class, it is doubtful that the underwear I ordered yesterday would have arrived this morning.
Despite the negative impacts of years-long delays in issuing building permits, etc., our elite legal/political class believes it can make things better if only it extends its authoritarian permission process by slapping on rules to the likes of Google, Facebook, Amazon, etc., whose remarkable contributions to America have been as-yet not overshadowed by the umbrella of government permission granters. Meanwhile, bankruptcy haunts the GM's and US Steels of the world who are very much regulated and part of the limited-access order.
Definitely interested - love this book.
Just finished Fragile by Design - really excellent. Sorry I did not get through it prior to the last round of conversations. But I have taught Violence and Social Orders before so know that one pretty well.
"The palace he had built outside Kyiv was constructed with hundreds of millions of dollars that he and his cronies had stolen from the budget of their poor state."
He needs to be a bit clearer here- the cash that was stolen originated with western governments and international financial operations like the IMF and World Bank.