Economic philosophy of controlled risk

Other Names:
No-risk philosophy
Fail-safe only approach
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.
Related Problems:
Political risk
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic GrowthGOAL 11: Sustainable Cities and Communities
Problem Type:
F: Fuzzy exceptional problems
Date of last update
04.10.2020 – 22:48 CEST