Problem

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.
Related Problems:
Political risk
Problem Type:
F: Fuzzy exceptional problems
Subject(s):
SafetyHazardsEconomic
Date of last update
08.03.1997 – 00:00 CET