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tsuomela : centralization   10

JOURNAL: Central Planning and The Fall of the US Empire - Global Guerrillas
"The answer is that an extreme concentration of wealth at the center of our market economy has led to a form of central planning. The concentration of wealth is now in so few hands and is so extreme in degree, that the combined liquid financial power of all of those not in this small group is inconsequential to determining the direction of the economy. As a result, we now have the equivalent of centralized planning in global marketplaces. A few thousand extremely wealthy people making decisions on the allocation of our collective wealth. The result was inevitable: gross misallocation across all facets of the private economy. "
economics  wealth  income-distribution  investment  failure  centralization 
august 2011 by tsuomela
UnderstandingSociety: Thinking about disaster
"[Charles Perrow's] current book is truly scary. In The Next Catastrophe: Reducing Our Vulnerabilities to Natural, Industrial, and Terrorist Disasters he carefully surveys the conjunction of factors that make 21st-century America almost uniquely vulnerable to major disasters -- actual and possible. Hurricane Katrina is one place to start -- a concentration of habitation, dangerous infrastructure, vulnerable toxic storage, and wholly inadequate policies of water and land use led to a horrific loss of life and a permanent crippling of a great American city. The disaster was foreseeable and foreseen, and yet few effective steps were taken to protect the city and river system from catastrophic flooding. And even more alarming -- government and the private sector have taken almost none of the prudent steps after the disaster that would mitigate future flooding."
risk  catastrophe  disaster  regulation  government  centralization  concentration  failure  institutions  technology 
march 2011 by tsuomela
WikiLeaks Lessons: The Party of We — Already in Control
"What's most important is the tipping point, spawned not by Assange but by a new body politic — a new party of individuals bonded by commonality of interest not defined by national or geographic boundaries. The Party of We.

In response to the attacks on Wikileaks, this virtual We Party, comprised of citizens of the world, unleashed an unprecedented — and united — attack on parts of the infrastructure that transact payments and sustain eCommerce and for a brief moment shut critical parts of it down.

This was unprecedented not because it hasn't been tried before (even with some success), but because its success, however brief the moment may have been, was only reversed by those who started it and who had a change of heart. Furthermore, it was novel in its motivation not to hack a system or engage in fraud or greed, but rather in support of a cause — a belief in the idea and purity of unencumbered speech."
politics  internet  wikileaks  government  revolution  centralization  censorship  control  networks  power 
february 2011 by tsuomela
Internet is easy prey for governments - CNN.com
"For all that the revolution in Egypt tells us about the power of networked media to promote bottom-up change, it even more starkly reveals the limits of our internet tools and the ease with which those holding power can take them away.

Yes, services such as Twitter and Facebook give activists the means to organize as never before. But the more dependent on them we become, the more subservient we are to the corporations and governments that control them."
politics  networks  control  revolution  power  centralization  censorship  government 
february 2011 by tsuomela
Head in the Clouds | Open The Future | Fast Company
Cloud computing fails because it centralizes instead of creating resilience.
cloud  computing  centralization  failure  resilience 
july 2009 by tsuomela

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