Cash rules everything around me (but perhaps less than you might think)

Daniel Davies‘s post about arseholes, and more formally about the importance of the reactionary mob as an institution, has been a well deserved hit. Here’s something interesting, though. Fairly serious rumours reckoned that the arseholes were being paid as much as $68 a day. In theory, if an arsehole was on duty 340 days a year, they’d make $23,120 a year (presumably cash in hand, too). Egypt’s per capita GDP for 2010 was $6,200.

To put it another way, when the state needed thugs, it had to pay four times the per capita average income. Of course, it’s possible that these numbers are seriously in error. But the principle isn’t obviously false – mercenaries are usually paid a much higher spread over the typical income of the country where they operate, an implicit recognition of the fact the people want nothing to do with them or those who hire them.

In more advanced markets for thuggery, though, it’s typical to hire someone for a specific act of violence, at rates considerably lower than per capita GDP. What does this tell us?

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About Alex Harrowell

Alex Harrowell is a research analyst for a really large consulting firm on AI and semiconductors. His age is immaterial, especially as he can't be bothered to update this bio regularly. He's from Yorkshire, now an economic migrant in London. His specialist subjects are military history, Germany, the telecommunications industry, and networks of all kinds. He would like to point out that it's nothing personal. Writes the Yorkshire Ranter.

2 thoughts on “Cash rules everything around me (but perhaps less than you might think)

  1. Pingback: Am I Crazy Or Does Crazy Cash System Actually Work? | Global Software Reviews

  2. Does it tell us that the Egyptian is willing to pay a premium for paid for temporary work?

    Or that the regime has plenty money and needs plenty thugs fast?

    Compare with what the anti-regime protesters are getting paid (bupkis).

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