<
https://doctorow.medium.com/spending-200b-to-relocated-doomed-communities-will-save-1t-924694652787>
"One million US homes are built on floodplains. It would cost $200B to relocate
the people who live in them. If we do that, we will save $1T. Those homes are
doomed. When (not if) people leave them (either before or after floods come),
they merely be arriving at a conclusion that is inevitable today.
https://prospect.org/environment/how-to-de-develop-in-an-age-of-fire-and-flood/
There’s a useful concept to think about here: “Bezzle,” JK Galbraith’s term for
“the magic interval when a confidence trickster knows he has the money he has
appropriated but the victim does not yet understand that he has lost it.”
Some people call this the anthropocene, but we could also call it the
bezzlepocene, the magic interval in which we can pretend that there is a chance
that we’ll return to “normal,” and can therefore ignore the increasingly
pressing need to get 1,000,000 American homeowners out of the path of the
rising, violent waters coming their way."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
