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Oh, absolutely. Families are interesting because you have the generational laziness issue - All you need is one person in the chain to lose the wealth, and it'
by RangerScience 11y ago
Oh, absolutely.
Families are interesting because you have the generational laziness issue - All you need is one person in the chain to lose the wealth, and it's gone.
Disruptive technologies, social changes, and legal changes could be considered forms of "periodic, non-violent revolution".
Dis-economies would then be built-in inflection points where you don't need an out-of-context solution (aka, laws) to create a sub-critical point for wealth growth. Interesting, didn't know that happened. Can you point me at some examples?
Re: Disruptive - It may have become startup corporate jargon, but it still makes sense. Look up something called the OODA loop, and note that according to it, a "good maneuver" doesn't have to be one that's successful or further your goals, it can just be one that changes the playing field faster than your opponents can react.
- mindcrime 11y agoDis-economies would then be built-in inflection points where you don't need an out-of-context solution (aka, laws) to create a sub-critical point for wealth growth. Interesting, didn't know that happened. Can you point me at some examples? The idea of a "dis-economy of scale as inflection point" is probably valid, but I'm not actually sure that I know of a specific example. It's also muddled up with the technological change issue, as a new technology comes along, and a smaller, nimbler company is more able to adopt and commercialize that technology than a larger, more bureaucracy bound company. Look up something called the OODA loop, and note that according to it, a "good maneuver" doesn't have to be one that's successful or further your goals, it can just be one that changes the playing field faster than your opponents can react. Yep, I'm a big fan of that concept myself.