News for hackers. Stuff that matters.
Re:The perils of short-termism by Spooky23 on Sunday September 29, 2019 @11:47PM (#21111622)
The problem is that wealth is tied to functioning society. Law and our current monetary system need order to function.
Re:The perils of short-termism by devoply on Monday September 30, 2019 @12:00AM (#21111681)
You can move wealth into all sorts of assets that you can then protect with that wealth... When the Roman empire fell the rich did not suffer only the poor did. Same thing will repeat.
Re:The perils of short-termism by jacobolus on Monday September 30, 2019 @04:12AM (#21112792)
> When the Roman empire fell the rich did not suffer

How do you define “suffer”?

They lost their previous lifestyle and creature comforts. Their public infrastructure fell into disrepair and the ability to build its like was lost. Trade networks were disrupted and many products and materials became unavailable. They lost much of their power and wealth (lands, houses, possessions, businesses, ...). Many were killed. In Rome proper foreign invaders came and demanded tribute, sacked their city, tortured them for information about where their wealth was hidden, stripped all of their public buildings of valuables, and so on.

Re:The perils of short-termism by Spooky23 on Monday September 30, 2019 @08:24AM (#21114530)
I wouldn’t say that. Roman governance was distributed and the governors turned into petty Kings. Some held on to land and gold. Many affiliated with the church, etc. There are probably families in Europe who can trace back to those ancestors.

The difference today is that intellectual property is more highly valued. When law and order breaks down, software, for example, has zero marginal value.

Re:The perils of short-termism by adrianN on Monday September 30, 2019 @02:45AM (#21112337)
Didn't work out so well for the Aztecs.
Re:The perils of short-termism by devoply on Monday September 30, 2019 @03:27AM (#21112576)
Unless pale skin aliens from distant lands are coming to Earth on ships to cause our problems I see no parallels between their situation and ours.
Re:The perils of short-termism by Spooky23 on Monday September 30, 2019 @08:30AM (#21114585)
The pale skin guys were the catalyst. The Spanish rounded up everyone who hated the Aztecs (ie. everyone who interacted with them) and used that with their horses, guns and crossbows as shock troops to defeat them.

Future conquests (Inca, etc) were aided by the devastation of disease that wiped out stove populations.

Our situation isn’t so different. Look at how quickly the Soviet state degraded into near anarchy and what happened when the pieces stabilized.

Re:The perils of short-termism by ClumsyPilot on Monday September 30, 2019 @04:52AM (#21113002)
Ok, French Revolution, revolution in Russia, the Chinese civil war, in all of those cases rich people were the first targets.