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> A ridiculous transaction cost by modern standards, especially when multiplied by all HM's various enterprises. One corporate rebranding every quarter century
by wizzwizz4 3y ago
> A ridiculous transaction cost by modern standards, especially when multiplied by all HM's various enterprises.
One corporate rebranding every quarter century is really cheap, by modern standards.
- jameshart 3y agoThe average reign of a British monarch has been 25 years or so, since 1707, sure. But that’s skewed by two major outliers - Victoria (63 years) and Elizabeth II (70 years). Between the other 11 unitary monarchs the average is more like 17 years. Shorter turnovers are possible - four kings lasted 10 years or less. Not sure you’d get great odds on Charles beating that spread.
- irrational 3y agoEspecially now that he has cancer.
- jltsiren 3y agoOn the average, people in developed countries die ~30 years after their parents. I don't see why royal families should be an exception.
- naniwaduni 3y agoAmong other factors, successor monarchs are disproportionately first children.
- Digory 3y agoYes, as I said, I think the Crown's rebranding might seem like a waste, but it's extremely useful for values/branding transmission. When you see the branding story for, say, Google or Pepsi, that looks like money flushed straight down the toilet.