Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I think the model is fundamentally broken.

Money = leverage is not a sustainable foundation for an economy. Taxing it slows down its velocity and constrains its influence. But it's still a broken model because the aim is almost always zero sum personal aggrandisement, not synergetic creative contribution.

There's nothing wrong with the concepts of social sponsorship and risky adventuring. But it's going to take some completely new political and economic metaphors to make stable non-insane development possible.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Mon Jul 13th, 2009 at 09:27:23 AM EST
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