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The last time this story made rounds on HN, quite a few readers were ripping into the people described in the article, and it sure feels good to do so, but... I
by f- 10y ago
The last time this story made rounds on HN, quite a few readers were ripping into the people described in the article, and it sure feels good to do so, but... I don't know about you, but if I had more money than I conceivably ever needed, I sure would contemplate having a helicopter on standby and a luxury compound in some scenic part of the world. You know, just for fun, just in case.
In fact, I suspect that once you're in that particular wealth bracket, it's no longer about people who have contingency plans versus the ones who don't. I'm pretty sure that almost every Fortune 100 CEO has private security parked in front of their house and a plan to get out quickly something bad were to happen. There are many security consulting companies that cater exclusively to this segment - and they are doing very well. It's just that most of the CEOs won't talk about it to The New Yorker - partly because of opsec concerns, but partly because such revelations would make it even easier for us to vilify them.
And before we assume that their plans are lopsided and irrational, I think it's worth keeping in mind that the article is written to be entertaining. The author wants to tell us about the stuff that is out of ordinary and out of reach of mere mortals. That doesn't mean that the people featured in the article don't also have a fire extinguisher and some tarp and nails in their garage. Heck, perhaps 95% of their prepping goes toward more pedestrian risks? Perhaps they practice defensive driving and situational awareness? Perhaps they go camping or hiking every other week? Perhaps they take EMT courses and participate in community preparedness drills? Who knows... that stuff is boring. ICBM silos and helicopters are fun.
We should also remember that unlike many many of the stars of "Doomsday Preppers" who seemed inexplicably frightened by the prospect of social unrest in the US, the ultra-rich may actually have something to worry about. When angry masses take it to the streets, it's not the cookie-cutter, mixed income, urban sprawl neighborhoods that are going to be set ablaze. We had quite a few big revolutions, and it's usually the heads of the variously defined aristocracy that roll. It's not ancient history, too.
Lastly... one viewpoint presented in the article is that it's somehow immoral for the CEOs to worry about self-preservation instead of trying to give back to the community. I think that's a non-sequitur - is it also immoral for them to buy a fire extinguisher or install sprinklers before making the world a better place? - but more importantly, the two goals are not mutually exclusive.
PS. Disclaimer - I'm the author of http://lcamtuf.coredump.cx/prep/ http://lcamtuf.coredump.cx/prep/, so I might be not entirely impartial.
- mac01021 10y ago> the two goals are not mutually exclusive. Every dollar you spend on your bunker is a dollar you don't spend helping the world keep out of the sort of trouble that would make your bunker necessary. I'm not saying you aren't entitled to spend your time and money however you like, but there is a mathematical sense in which the goals do conflict, even if only via opportunity cost.
- arouqa 10y agoBut how much money would you need to spend to keep the world out of trouble? Especially if you don't have any political clout or an army to back it up. Would donating $5 million really help in some catastrophic event? Especially when compared to the multi-billions that nations spend each year?
- erikpukinskis 10y agoArmies have never been less valuable than they are today, and they are getting less valuable very fast. Money is probably at peak value: more valuable than it has ever been, but people are realizing its limitations and it will probably never again be as valuable as it is today. Other forms of value are ascending. That's why people who rely on money and armies for their livelihood are so scared. If you want to help the world, money and armies are not the tools to use. Start with your time, human time will never be less valued than it is today.
- djrogers 10y ago> Every dollar you spend on your bunker is a dollar you don't spend helping the world keep out of the sort of trouble that would make your bunker necessary. But it's also a dollar that's been spent - paying for school supplies for the daughter of the welder employed by the manufacturer, the medicine the truck driver's mom needs, and a few drinks at the bar for the retired vet who ran the backhoe for the bunker. The economy isn't a closed system, so anything that gets the super rich to spend their money rather than stockpile it will benefit the economy as a whole.
- deleted 10y ago