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#value

6 posts4 participants0 posts today

What made #GenghisKhan successful was ending the #genetics of those who were #honest about not believing in him as #leader, destroying #lives / #livelihoods, stealing their #wealth / #value, making #slaves but allowing #Freedom of #Religion, #RuleOfLaw, and #Democracy in the lower ranks. The failure of #Mongolia was due to the higher ranks being chosen through #loyalty and #family / #nepotism, and not enforcing #law on those higher ranks. Sound familiar?
youtu.be/YyqS9V7yHQA #Reds

youtu.be- YouTubeEnjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

"Few assets in financial history have been more fragile than bitcoin. The customary standard argument is that ‘bitcoin has its flaws but we are getting a great technology; we will do wonders with the blockchain’. No, there is no evidence that we are getting a great technology – unless ‘great technology’ doesn’t mean ‘useful’. And at the time of writing – in spite of all the fanfare – we have done still close to nothing with the blockchain. So we close with a Damascus joke. One vendor was selling the exact same variety of cucumbers at two different prices. ‘Why is this one twice the price?’, the merchant was asked. ‘They came on higher quality mules’ was the answer. We only judge a technology by how it solves problems, not by what technological attributes it has.—Nassim Nicholas Taleb

Bitcoin, Currencies, and Fragility >

fooledbyrandomness.com/BTC-QF.

"The hypermarketization of everything", Quinn Slobodian, 2025

Bean counters are attempting to put a monetary value on the complexity of nature

Think of a logged forest.

"The value of the timber produced counts towards Australia’s gross domestic product. But cutting trees down also produces a loss. For example, the forest is no longer there for the community to enjoy. And it no longer provides “services” such as filtering water and preventing soil erosion."

"There are many reasons to measure the value of those services. For example, governments might then be able to charge a logging company a licence fee which reflects the community value of the forest. A government may decide the forest is too valuable to allow logging at all, or the fee may just be set too high for any company to find it profitable to log it."

"To date, the value lost when trees are cut down, or other ecosystems are damaged, has not been included in the national accounts. The new environmental accounts seek to change this."
>>
theconversation.com/new-report

Hayek's Bastards: Race, Gold, IQ, and the Capitalism of the Far Right
How neoliberals turned to nature to defend inequality after the end of the Cold War,
Quinn Slobodian, 2025 >>
press.princeton.edu/books/hard
#nature #Biodiversity #EPBCAct #NatureNegative #Naturepositive #complexity #ecosystems #degradation #value #loss #NativeForests #extractivism #hypermarketization

The ConversationNew report slaps an official price tag on Australia’s precious natural assetsThe first-of-its kind report by the Australian Bureau of Statistics looks beyond GDP to a broader measurement of what nature is really worth.