1. World problems
  2. Economic philosophy of controlled risk

Economic philosophy of controlled risk

  • 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.

Broader

Aggravates

Aggravated by

Reduces

Related

Political risk
Yet to rate

Strategy

Value

Unsafe
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Uneconomic
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Risk-aversion
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Risk
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Philosophy
Yet to rate

SDG

Sustainable Development Goal #8: Decent Work and Economic GrowthSustainable Development Goal #11: Sustainable Cities and Communities

Metadata

Database
World problems
Type
(F) Fuzzy exceptional problems
Subject
Content quality
Yet to rate
 Yet to rate
Language
English
Last update
Dec 3, 2024