Financial Weapons of Mass Destruction

At a very fundamental level, war is about defending against a perceived or actual threat.  Such aggressions have been frequently used throughout history to defend ideas, ideologies and territories- but more recently, economies.

Unlike any other defence environment, the theatre of nuclear war exists in a state of near-permanent checkmate.  Every participant (a participant being a nation who openly, opaquely, or otherwise have nuclear weapons capability) knows their weapons capability acts as the ultimate defensive posture, insofar as even the smallest of modern nuclear devices has adequate yield and range to destroy a city.  Larger weapons (as held by ‘nuclear weapons states’ under the non-proliferation-treaty) could not only level a city, but create earthquakes, life-threatening injuries out to almost a hundred kilometres, and render the blast area uninhabitable for many decades.   One could argue the ethics of possessing devices with such an existential threat capability, but the fact remains, that for most military countries- nuclear weapons are a ‘risk-manager’.  While some nations do possess “first strike” capability (a country’s ability to defeat another nuclear power by destroying its arsenal to the point where the attacking country can survive the weakened retaliation while the opposing side is left unable to continue war) the main purpose of the arsenal is purely defensive as neither party would, in theory, wish to engage in a war that would (in all likelihood) irrevocably destroy the majority of their countries- incredibly quickly. Continue reading

Unethical Economics

Hypothetical News, 2013 “Deep in a London slum, 25 people were arrested by the authorities today for not paying their air-bill.  A. Person, spokesman for air-aid said, ‘the government must act on this- it is ridiculous that we have a society where some people can afford air, and some people can’t.  How long are we going to sit by while more people die?’.  Meanwhile, traders at the Singapore Global Air Exchange [SGAx] racked up record trading volumes in a late session with breathing air now over USD 100 per unit [around 100 cubic metres] the highest since records began.”

While it may seem an altogether preposterous notion  that people should have to pay for air, a very basic component of life- one must read this hypothetical tale in context of the fact that over 1.7billion people cannot afford food (also a very basic component of life)- and a similar amount have little access to clean drinking water (another very basic component of life).  These two crises (food and water) are only being exacerbated, as water supplies become scarce (in the face of increasing population, and reduced access to water) and food prices escalate.

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The Role of Design and Creativity in Humanity’s Story.

In this exclusive interview we talk to Philippe Starck, one of the most prolific designers of the last half-century. We explore the very fundamentals of why we design, exploring the relationship of design to our history, culture, and experience of our world. We discuss how major global issues such as climate change, technology and economics influence design, and look at essential nature of beauty itself.

http://thoughteconomics.blogspot.com/2010/10/role-of-design-and-creativity-in.html

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