By and large, the answer to the question "How do large institutions survive?" is "They don't!" The vast majority of large modern-day institutions - some of them extremely vital to the functioning of our complex civilization - simply fail to exist in the first place.
Eliezer YudkowskyRelated topics
answer civilization complex fail large majority place question vast vital functioningRelated quotes
Money has always been a particular problem for revolutionaries and anti-capitalists. What will money look like 'after the revolution'? How will it function? Will it exist at all? It's hard to answer the question if you don't know what money actually is. Proposing to eliminate it entirely seems utopian and naive.
David Graeber
Embrace every challenge you have, every person you meet, every place you visit, every task you succeed at, and especially those at which you fail. You will learn from them all. You'll learn about the world at large and about other people but most important, you'll learn about yourself.
Richie Sambora
A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage-market financed withdrawals of home equity in recent years.
Alan Greenspan
