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Now imagine a more cohesive pirate band, with better weapons and training, capturing several ships, a few towns in Africa. The wealth stolen from ships and townspeople is used to pay for the amassing army and the various other accoutrements of empires. Of course, since this distinction is just... more
Reviewed by commerican May 04 2009, 09:18am ( 11 reviews ) • npr.org
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Rated by michaelclifford on Jun 03, 11:51pm
Does it have any value? Who is the crew? Do they have any security onboard?
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Rated by lyndoman on May 12 2009, 3:28am
The business of pirates
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Rated by darrellyon45 on May 08 2009, 2:21am
its awersome and its intrestingh
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Rated by coffeepro2 on May 07 2009, 2:07pm
Why pirates make so much money
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Rated by mberable on May 07 2009, 7:07am
true. but it really makes one sad for the crew, also from impoverished countries and even the somali people.
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Rated by prochobo on May 05 2009, 7:35am
Anyone want to set out on a private expedition to go pirate hunting?
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Rated by commerican on May 04 2009, 9:18am
Now imagine a more cohesive pirate band, with better weapons and training, capturing several ships, a few towns in Africa. The wealth stolen from ships and townspeople is used to pay for the amassing army and the various other accoutrements of empires. Of course, since this distinction is just a matter of degrees, we can see the Iraq War as an act of piracy, funded by oil and military company executives. Our merry little band of pirates is vastly better equipped than the Somali variety, but this doesn't make their cause anything other than piracy. And certainly current wealth distribution is in part a result of previous acts of similar piracy (primitive accumulation anyone?). What this means for the "free" market is something few of us bother to consider.
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Rated by bibliophage on May 03 2009, 9:30am
The economics of piracy on the high seas: Gullestrup says they actually found time sheets onboard the ship after the pirates had left. "We could see that there was a time sheet on a particular person who had been onboard and dates they had been onboard and so many dollars per day, and then a total sum on the time sheet," he says. The pirates, in effect, were clocking in and out.