This is a project update from a CTSP project from The tool collects qualitative and quantitative information, and then creates maps and tables that can be publicly viewed and downloaded.
In a nice coincidence, while Nicole Foss Stoneleigh wrote about decentralization a few days ago in The Storm Surge of Decentralizationtoday Ashvin Pandurangi, independently from Nicole, also focuses on that theme, albeit from a completely different angle.
Perhaps even from the degree opposite angle: And it's precisely because our economic models exist only by the grace of growth unchecked that we need to get out and take a step back, or that growth will surely eat us alive. In that sense, decentralization marks the beginning of a return to our true human potential, since it restores the values and dignity that make our lives worth living.
Life as a cog in a machine is the only life they've ever known. What else could there be? When you're told a hundred times a day that you live in the land of the free, what's not to believe? It's high time we begin to understand to what extent the interests of the politicians and bankers and CEOs that we allow to make our decisions for us read: The word of the last few centuries is centralize.
That's what "institutions" do, whether they are technically financial, political, educational, "corrective", religious or medical; private or public.
Those labels are largely irrelevant when you want to understand the fundamental nature of an institution. They are simply structured hierarchies of distributed power that strive to grow larger and more influential with each passing day. Perhaps they are trying to influence the outcome of an election, the direction of foreign policy, the prices of a market, the focus of scientific research Mutual authentication mechanism for rfid systems essay the psychology of society's youth, but, rest assured, they are trying very hard to influence something.
Some institutions are much more influential than others, and typically these are the most self-serving. These institutions are also inherently self-limiting structures; fractal constructs that are self-similar and limiting at every scale, right up to that of our global economy and civilization.
They never freely compete with each other to reach some generally productive equilibrium, but rather coerce their respective sectors to become more and more dependent on their functions over time. By exercising more power and influence in a given field, they crowd out both their own opportunities for further expansion and the opportunity of other institutions to enter the sector and grow.
The world's "too big to fail" financial institutions have clearly demonstrated how a few giant players can grow so large to threaten the collapse of the entire global economy when they can no longer grow. The current crises of capitalism also demonstrate a rapidly progressing, yet age old trend which reveals the strategy of almost all of society's "industries" and their respective institutions - boundless aggregation.
It is, in reality, a sign of desperation and a harbinger of decreased resilience a. Relatively large companies are suddenly finding themselves in a position of pure desperation, where they must either combine with other companies through some legal process or die.
I recently met a guy who was finishing his second year in Wharton Business School at the University of Pennsylvania, and had an internship position with an unnamed investment banking firm.
Many of these deals are increasingly conducted at the international scale, since domestic markets have already been picked clean to the bone. These are mid-sized companies in manufacturing, IT, telecommunications, retail or services with a depressed consumer base, relatively high debt to equity ratios and very little ability to access the credit markets and obtain affordable financing; the institutions that have struggled for years to become "successful" business operations, but are now nothing more than basement bargains for much larger institutions.
They are the last remaining dust particles of competition within those industries, waiting to be vacuumed up as soon as the slightest window of opportunity presents itself. These opportunities are pervasive in the current volatile environment, where share prices of public companies are frequently pummeled down in tandem and the markets remain in an indefinite state of uncertainty due to opaque asset valuations and government policy.
As a targeted company's share price continuously comes under pressure, it becomes more vulnerable to " hostile takeovers ", since it is cheaper and the larger acquiring company holds significantly more leverage, literally and figuratively, with the company's shareholders which typically include its executives and directors.
The latter must hastily decide whether to remain independent and hope for a miraculous recovery, or give in to a proposed merger. As soon as the deal is announced and before it is even finalized, share prices could stabilize and increase on expectations of "synergies" from centralization a.
Indeed, it is no coincidence that U.
Companies who have remained off of public exchanges are by no means immune to this scourge of centralization, either. That fact has become especially true in recent years, when "private equity groups" re-surged as a popular and relatively discreet vehicle for institutional investors such as pension funds and extremely wealthy individuals to conduct leveraged buyouts of various companies around the world.
About half of the deal volume is for U. Energy and financials were the leading sectors, although materials experienced the largest year-over-year growth see chart. Since private equity funds are illiquid investment vehicles that require long-term commitments, much of the capital invested during the boom of the mids is still in the process of being deployed, despite the horrendous macro-economic situation.
Small to mid-sized companies can neither run nor hide from the slithering tentacles of leveraged capital seeking returns, which have only increased in length since Once again, though, we are talking about total valuation of deals and not necessarily the number of mergers and acquisitions that will be taking place in Helen Thomas and Anousha Sakoui of the Financial Times report on the opportunities for further centralization of corporate assets: The crisis presents the best buying opportunity for acquiring a company in Europe.
Perhaps we should call them the "best opportunities for institutional cannibalism in all of history". This centralization process does not only take the form of "voluntary" mergers, especially in present times, but more often results from bankruptcy filings that force companies to liquidate or restructure their assets.
There have been quite a few examples of this dynamic in the world of high-stakes international finance over recent years, and there are many more to come. While the number of actual US "bank failures" in reached a 3-year low of 90, perhaps due in part to the pickup in financial merger activity noted above, the number of "problem banks" listed by the FDIC has remained pretty much constant over this same time period.
The largest, most recent victim of the global debt crisis was MF Global, a large broker-dealer, which was bankrupted and is in the process of being liquidated.Abstract. The paper examines the ethics of electronic monitoring for advertising purposes and the implications for Internet user privacy using as a backdrop DoubleClick Inc’s recent controversy over matching previously anonymous user profiles with personally identifiable information.
International Journal of Engineering Research and Applications (IJERA) is an open access online peer reviewed international journal that publishes research. RFID vs Barcodes Essay - Radio frequency identification (RFID) is a computerized ID innovation that uses radio recurrence waves to exchange information between an onlooker and things that have RFID gadgets, or tags, joined.
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Our protocol involves multiple readers and multiple tag groups. Vol.7, No.3, May, Mathematical and Natural Sciences. Study on Bilinear Scheme and Application to Three-dimensional Convective Equation (Itaru .