Startling statistic
The World's 85 Richest Now Worth as Much as 3.5 Billion Poorest
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January 21, 2014
Photo by Andrew Amistad
Full circle: state of nature to virtual state of nature
Just as technological and economic innovations in an earlier period underpinned the evolution of the centralized nation state, current innovations are undermining those same states. The great nation states, despite their military prowess, are doomed like the dinosaurs of old, unable, unwilling or insufficiently nimble to meet the threat to their dominance posed by agile virtual organizations that have no sense of national identity.
December 16, 2013
Signs of emerging virtual feudalism
"You load sixteen tons, what do you get Another day older and deeper in debt Saint Peter don't you call me 'cause I can't go I owe my soul to the company store" From the lyrics of Sixteen Tons, popularized by Tennessee Ernie Ford "Former President Jimmy Carter said Monday [October 7, 2013] that the income gap in the United…
October 22, 2013
Bread line Dayton: Library of Congress
First the workers, then the retirees – victims of the cut-and-paste management of virtual organization
Across the nation, cities and states are watching Detroit's largest-ever municipal bankruptcy filing with great trepidation. Years of underfunded retirement promises to public sector workers, which helped lay Detroit low, could plunge them into a similar and terrifying financial hole. Thanks to a patchwork of accounting practices and rosy investment assumptions, it's not even clear just how big a financial hole many states and cities have dug for themselves.
August 5, 2013
Property Protection for the Virtual Nobility
"For the Executive With Everything, a $230,000 Dog to Protect It" http://www.nytimes.com/2011/06/12/us/12dogs.html?hp
June 12, 2011