Musk has shown that states are roughly x10 as inefficient as private enterprises at all serious projects (of which security is surely one).
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... A competent commercial republic could get 10 times the security for the same outlay, or the same security at a tenth of the size.
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Business activity, obviously. Primarily sovereignty services.
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Singapore (pop. 5.6 million) has to be the best-protected piece of real estate per capita on the planet.
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The Portugal, the Dutch Republic, and the UK in their heyday were all small fangy states.
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... Real security comes from Capital intensity. More so today than ever before, and more so tomorrow still.
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The empires were mostly self-organizing. By the time they became politically formalized, they were onto the down-slope.
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Yes, it never made as much business-sense as it should. But given the size of the place, a crazy number of people speak Portuguese.
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Slightly OT, but Vasco Da Gama was so hard-ass it goes completely off the charts. Basically a freelance war-engine.
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