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System D

Link parkin’: Charlie Stross comments on System D:

System D is the planetary unregulated black market, concentrated in the developing world. Excluding traditional criminal activities (robbery, illegal narcotics, extortion) but including small-scale entrepreneurial activities that don’t bother with red tape or taxes or safety regulations, it employs up to 50% of the planet’s work force (1.8 billion workers) and is estimated to be worth $10 trillion a year.

Over and above an apparently important emerging trend, the term System D just has a cool origin (check the link).

Also, another shootout to a blogger (and author) who’s work I really enjoy.

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