Investing in Pirates
reuters.com
reuters.com
http://en.wikipedia.org/wiki/Triple_talaq
I definitely like the idea.
Don't forget that things have changed since the creation of "social contracts" in modern Western nations; genocide is a lot cheaper and simpler to execute than it used to be. These days all you need is to put four men equipped with cheap Russian-made machine guns into a jeep and they will exterminate a dozen villages in the course of an afternoon without breaking a sweat.
The question that follows (and that I honestly don't know the answer to) is whether the invention of modern weapons was a historical tipping point that obliterated previous routes of national economic development. What if mechanized warfare had been invented before the rise of the West by a non-Western civilization and transferred (via trade) to the medieval European feudal lords. Would they have allowed the rise of the middle class in the West the way it did?
"The West won the world not by the superiority of its ideas or values or religion, but rather by its superiority in applying organized violence. Westerners often forget this fact, non-Westerners never do" -- Samuel Huntington. The Clash of Civilizations and the Remaking of World Order, p. 51.
This is, of course, worthless crystal ball history, but that's my two cents.
It's been known to happen: http://penelope.uchicago.edu/Thayer/e/roman/texts/plutarch/l...
I also assume the pirates sort of know what they are looking for. It's pretty obvious which ships are armed navies and which aren't. Private companies aren't allowed to level a city unless the management want to be dragged down to the Hague for some 'splaining.
And any cargo that is worth defending (nuclear, weapons, etc.) can hire mercenaries like Blackwater.