Not only creating every single nail-- I mean, it's hard to imagine we couldn't just go buy a box of nails. centralization of their population's ability to speak fewer languages.
So that's where that different approach comes from. And on the centralization point, I would say that there are a lot of different definitions of centralization , and we're going down the list of meeting more and more of them as we progress.
too um okay yes I no I I think one of the interesting things about that actually is a lot of what she did was more government and was more centralization and that that had some fairly profound social consequences in the United Kingdom um I'm interested on the talking about the environment and tax a lot of economists support support basically a carbon tax because they think it's the simplest EAS way to do it most
It gives you retransmission. And so I realized that the centralization wasn't necessarily the solution, because you see PayPal.
to medium size shops to sell their product all over Japan. Because there is a huge trend of centralization of the economy through in Asia to Tokyo. And it was very disappointing to see all these small shops in local town being shut down.
It is a very complex, large economy. And even if there is an extreme form of political centralization , the economy is totally decentralized. The role that the local mayors, I call this the mayor economy, plays in reforms, but also driving the technological innovation
we all should just show our biases, right, has actually been speaking to cognitive scientists. He is concerned about the effects of this centralization of power around technology on our political system because he such a great patriot, right? So he did-- he interviewed a colleague of mine, who has been quite critical of Google, full disclosure, named Robert Epstein.
But for the most part, unfortunately, they do end in some kind of violence. One of the problems with fascism is the centralization of everything, the centralization of the power.
But what does the theory say? So there's this element in China that there is this history of state centralization , a system of authority, bureaucracy,
But what does the theory say? The government in Rwanda is able to tap into this history of political centralization and authority, which is part of what you need to have economic development.
But what does the theory say? And that's because they're in places where you have some history of centralization of authority.
At the last, we can use it as a marketing thing to attract this crowd. But they're critical. The very fact of centralization , and the return to the idea of trust, are potentially dangerous.
This guy, Hayek, thought that expertise was very diffuse, and that you were more likely to find the situational awareness necessary for good decision making very close to the decision itself. Devolution gave you better results than centralization . And then there was this guy, Marx, who believed in the legitimacy of workers' claims over their working environment, saying that the contribution of labor was just as important
This science is described in many articles and books. Yeah, my answer will sound a little bit like we need both the benefits of centralization and decentralization.
We've seen some specific areas, areas like Morocco, becoming a leader in renewable energy in some specific kind of manufacturing because they understood the energy, We start talking geopolitics, government, centralization , using it as a weapon potentially, et cetera.
Well, it's already happened in the sense that in China, the square and the tower are one. in Silicon Valley, that what never happened to the printing press was centralization and the emergence of giant network platforms.
At the last, we can use it as a marketing thing to attract this crowd. And it's important, in the context of this centralization versus decentralization debate.
At the last, we can use it as a marketing thing to attract this crowd. The concern, to get back to this problem about why centralization and trust matter, is not for that kind of a centralized blockchain,
there's like, why don't our American mayors in each city do these very radical things, and then push for GDP growth, and technology innovation? It's quite different. I think this is where China's very unique in the world, is that political centralization , economic decentralization, and the yardstick to measure local mayor's competence through, in the first stage it was GDP growth.
This science is described in many articles and books. But there is almost a trade-off that is perceived-- and I don't know how true of a trade-off it is between centralization and decentralization.
This science is described in many articles and books. Well, in a nutshell, today, we need both centralization and decentralization because each of them has benefits.
This science is described in many articles and books. And we keep this movement because, in fact, companies need both the benefits of centralization and of decentralization.
This science is described in many articles and books. But if you take into account the nervous system, then in the human body, we have the benefits of centralization
This science is described in many articles and books. In any case, when you have nervous system and skeleton, you can have the benefits of centralization
that system once it's set up? Well, we emphasize two dimensions of that, one, which is really something like state capacity, or we call it political centralization , which is that what happened in the United States was, they created a state, a model state, which was able to enforce rules.
At the last, we can use it as a marketing thing to attract this crowd. It needs to belong to the community, and it needs to be something that doesn't allow the centralization of the information,
It happened in the 1960s. And since they own their community, they own their schools and such, rather than having top-down bureaucracies rule to the ultimate centralization , where in this case,