In 1880, the financial sector’s share of US GDP was slightly over 1%. By 2009, however, it had grown close to 10%. Including the related industries of insurance and real estate, that share swells to 21% in 2019, making it the single largest segment of the American economy, followed by trade and transport at 15%…
Month: July 2020
John McAfee – Silicon Industrial Complex
In a world of psy-ops, plutocrats and pandemics, many normal people are becoming desensitized if not immune to the latest scandals and dictates from the powers that be in one of the strangest years on record. Security pioneer and entrepreneur John McAfee, however, has long been familiar with world of cyber spying and industrial espionage….
Pirates of Silicon Valley – Digital Panopticon
Before the Industrial Revolution, economists saw land and agriculture as the fundamental source of wealth. When feudalism gave way to mass production and the increased power of manufacturing, labor and capital became the chief measures of economic might. With the coming of the information age, however, power has shifted away from large factories and massive…
The Dictator’s Handbook
Power is an ancient concept, with formalized attempts at understanding it going back to at least Machiavelli and almost certainly to Sun Tzu. In a more modern context, authors Mesquita and Smith in their 2011 book ‘The Dictator’s Handbook’ explore the factors that drive how politicians gain and retain power, with special emphasis on coalition…