Economic philosophy of controlled risk
Other Names: No-risk philosophy
Fail-safe only approach
Nature: Resource distribution is hampered by a static, no-risk philosophy, which fails to balance needs against operations and is unable or unwilling to combine the diverse historical values into an international valuation scheme. This is manifested globally by a lack of systems for distribution of necessities and the resorting to guilt, violence and a diversity of propaganda campaigns in order to ensure some level of ongoing equity among peoples.
Claim: A fail-safe circuit will destroy others.
Problem Type: F: Fuzzy exceptional problems
Date of last update 08.03.1997 – 00:00 CET